Flutter Entertainment (NYSE:FLUT) Given New $210.00 Price Target at Bank of America

Flutter Entertainment (NYSE:FLUT) had its price target decreased by Bank of America from $250.00 to $210.00 in a research note released on Thursday,Benzinga reports. Bank of America currently has a neutral rating on the stock.

FLUT has been the subject of a number of other reports. UBS Group decreased their price target on Flutter Entertainment from $340.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Flutter Entertainment in a research note on Monday, December 29th. Morgan Stanley lowered their target price on Flutter Entertainment from $352.00 to $315.00 and set an “overweight” rating on the stock in a research note on Friday, December 12th. Needham & Company LLC cut their price target on shares of Flutter Entertainment from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Finally, Oppenheimer decreased their price objective on shares of Flutter Entertainment from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $289.95.

Flutter Entertainment Trading Up 0.1%

NYSE:FLUT opened at $181.17 on Thursday. Flutter Entertainment has a 52 week low of $179.01 and a 52 week high of $313.68. The firm has a 50-day moving average price of $208.00 and a two-hundred day moving average price of $251.89. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $31.74 billion, a price-to-earnings ratio of -139.36 and a beta of 1.88.

Institutional Trading of Flutter Entertainment

Several hedge funds and other institutional investors have recently modified their holdings of FLUT. Vanguard Group Inc. boosted its holdings in Flutter Entertainment by 402.4% in the 2nd quarter. Vanguard Group Inc. now owns 17,257,475 shares of the company’s stock worth $4,931,496,000 after buying an additional 13,822,673 shares during the period. Parvus Asset Management Jersey Ltd purchased a new stake in Flutter Entertainment during the 2nd quarter worth about $2,231,266,000. Norges Bank bought a new position in Flutter Entertainment in the 2nd quarter worth about $930,349,000. State Street Corp grew its holdings in Flutter Entertainment by 120.3% during the 2nd quarter. State Street Corp now owns 3,086,730 shares of the company’s stock valued at $882,064,000 after buying an additional 1,685,556 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Flutter Entertainment by 57.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,080,848 shares of the company’s stock valued at $877,583,000 after buying an additional 1,122,892 shares in the last quarter.

Trending Headlines about Flutter Entertainment

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Citizens Jmp trimmed its price target from $313 to $275 but retained a “market outperform” rating, leaving a large implied upside that could support buying interest if company results stabilize. Article Title
• Neutral Sentiment: Bank of America lowered its price target to $210 and moved to a “neutral” rating — a less bearish stance than some peers but still a downgrade in expectations that may limit near‑term upside. Article Title
• Neutral Sentiment: A Benzinga roundup synthesizing 26 analyst views provides context that opinions remain mixed across the sell‑side, so price action will likely track which analyst narratives gain traction. Demystifying Flutter Entertainment
• Negative Sentiment: Craig‑Hallum downgraded FLUT from “buy” to “hold” and set a $200 target, citing accumulating/transitory headwinds; this high‑profile cut has weighed on sentiment and was widely reported. Craig‑Hallum downgrades Flutter MSN coverage
• Negative Sentiment: Zacks cut its rating to “strong sell,” a materially bearish view that can pressure institutional flows and amplify selling momentum. Zacks report
• Negative Sentiment: Coverage notes that FLUT hit a new one‑year low following the analyst downgrades, signaling that market chops have turned decisively negative until visibility on growth and margins improves. 1‑Year Low Report
• Negative Sentiment: Broader headlines pairing upgrades of other tech names with downgrades of Flutter highlight relative sector rotation away from gaming/BC‑exposed names, which can amplify outflows. Sector headlines

Flutter Entertainment Company Profile

Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.

Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.