Truist Financial Has Lowered Expectations for Flutter Entertainment (NYSE:FLUT) Stock Price

Flutter Entertainment (NYSE:FLUT) had its target price decreased by equities research analysts at Truist Financial from $260.00 to $160.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 50.60% from the stock’s current price.

FLUT has been the topic of several other reports. Citizens Jmp reduced their target price on Flutter Entertainment from $275.00 to $195.00 and set a “market outperform” rating on the stock in a report on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flutter Entertainment in a research note on Monday, December 29th. Needham & Company LLC lowered their target price on shares of Flutter Entertainment from $300.00 to $150.00 and set a “buy” rating for the company in a research note on Friday. Susquehanna reaffirmed a “positive” rating and set a $228.00 price target on shares of Flutter Entertainment in a research report on Tuesday, January 27th. Finally, UBS Group decreased their price target on Flutter Entertainment from $320.00 to $300.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Flutter Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $237.15.

Flutter Entertainment Price Performance

Shares of NYSE:FLUT opened at $106.24 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 0.96. Flutter Entertainment has a 52 week low of $99.96 and a 52 week high of $313.68. The firm has a market cap of $18.62 billion, a PE ratio of -59.02, a price-to-earnings-growth ratio of 0.22 and a beta of 1.88. The firm’s fifty day moving average is $174.32 and its 200-day moving average is $223.35.

Flutter Entertainment (NYSE:FLUT) last announced its earnings results on Thursday, February 26th. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.37). Flutter Entertainment had a positive return on equity of 11.91% and a negative net margin of 1.89%.The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.87 billion. During the same period in the previous year, the firm posted $2.94 earnings per share. The firm’s quarterly revenue was up 24.9% compared to the same quarter last year. Sell-side analysts predict that Flutter Entertainment will post 4.17 earnings per share for the current year.

Hedge Funds Weigh In On Flutter Entertainment

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Flutter Entertainment by 402.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,257,475 shares of the company’s stock valued at $4,931,496,000 after purchasing an additional 13,822,673 shares in the last quarter. Parvus Asset Management Jersey Ltd acquired a new position in shares of Flutter Entertainment during the second quarter valued at about $2,231,266,000. Cibc World Markets Corp bought a new stake in shares of Flutter Entertainment during the fourth quarter worth about $1,678,841,000. Capital International Investors raised its holdings in shares of Flutter Entertainment by 146.8% in the 4th quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock worth $1,728,772,000 after acquiring an additional 4,782,302 shares during the last quarter. Finally, Norges Bank bought a new position in Flutter Entertainment in the 2nd quarter valued at about $930,349,000.

Key Stories Impacting Flutter Entertainment

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

• Positive Sentiment: Several Wall Street firms kept “buy”/”overweight” stances and continue to see meaningful upside despite trimming targets, signalling continued conviction in Flutter’s long‑term position (analysts cite competitive strengths and attractive risk/reward). TipRanks story
• Positive Sentiment: Top-line growth remains solid: revenue rose ~25% year‑over‑year in the quarter, showing demand expansion even as profitability is under pressure. Earnings press release
• Neutral Sentiment: Annual Report and Accounts 2025 published — useful for detailed financials and accounting disclosures but not market moving on its own. GlobeNewswire
• Neutral Sentiment: Some outlets note a small EPS beat versus a narrow consensus (Zacks view) but that contrasts with broader consensus misses — mixed signals on the quarter depending on which benchmark you use. Zacks
• Negative Sentiment: Disappointing Q4 results and weak FY‑2026 guidance: EPS missed broader consensus (reported $1.74 vs. an often‑cited $2.11 consensus) and revenue was below estimates; management forecasted materially softer profit growth for 2026, citing U.S. market headwinds. This guidance shortfall is the primary driver of the stock decline. Reuters
• Negative Sentiment: Operational headwinds in the U.S.: high NFL hold and promotional missteps reduced betting volumes and customer engagement, and management said customer growth moderated while market share slipped in Q4. These are concrete execution risks for FanDuel, Flutter’s largest profit driver. LegalSportsReport
• Negative Sentiment: Market reaction and analyst re‑pricing: shares dropped sharply after the report and multiple brokers cut price targets (examples include Needham, Benchmark, Truist, BTIG, Citizens/JMP, Barclays and Oppenheimer), reflecting a re‑rating of near‑term earnings power. That repricing increases downside risk near term. Benzinga roundup

About Flutter Entertainment

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.