Flutter Entertainment (LON:FLTR) Stock Price Down 7.9% – Here’s What Happened

Flutter Entertainment plc (LON:FLTR)’s stock price fell 7.9% during trading on Saturday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. 219,305 shares were traded during mid-day trading, a decline of 49% from the average session volume of 430,762 shares. The stock had previously closed at £104.95.

Key Flutter Entertainment News

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

• Positive Sentiment: Key takeaway — one-sentence reason why the stock moved.
• Neutral Sentiment: Details — 2–3 bullets on facts from the articles (earnings, guidance, regulatory actions, M&A, analyst moves, macro impacts).
• Negative Sentiment: Implications for investors — expected near-term catalysts, risks, and what to watch next (dates, metrics, guidance revisions).
• Neutral Sentiment: Source links — each bullet will include the article link for reference.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup reduced their price objective on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a report on Friday, November 28th. Peel Hunt reissued a “hold” rating and issued a £223 price target on shares of Flutter Entertainment in a research note on Thursday, November 13th. Berenberg Bank upped their price objective on shares of Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a report on Monday, January 19th. JPMorgan Chase & Co. lowered their price objective on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a research report on Tuesday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Flutter Entertainment has an average rating of “Moderate Buy” and a consensus target price of £224.60.

Flutter Entertainment Price Performance

The company’s 50-day moving average price is £144.31 and its 200-day moving average price is £175.50. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74. The firm has a market cap of £16.94 billion, a price-to-earnings ratio of -76.11, a PEG ratio of 1.76 and a beta of 1.24.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.