Needham & Company LLC Has Lowered Expectations for Flutter Entertainment (NYSE:FLUT) Stock Price

Flutter Entertainment (NYSE:FLUT) had its price target lowered by analysts at Needham & Company LLC from $300.00 to $150.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s target price suggests a potential upside of 41.19% from the stock’s previous close.

Several other brokerages have also recently weighed in on FLUT. Citizens Jmp lowered their price target on shares of Flutter Entertainment from $313.00 to $275.00 and set a “market outperform” rating for the company in a research report on Thursday, January 22nd. HSBC upgraded Flutter Entertainment from a “hold” rating to a “buy” rating and lowered their target price for the stock from $265.00 to $228.00 in a report on Monday, November 24th. BTIG Research cut their price target on Flutter Entertainment from $281.00 to $230.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. UBS Group reduced their price target on Flutter Entertainment from $320.00 to $300.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Finally, Stifel Nicolaus dropped their price objective on Flutter Entertainment from $304.00 to $259.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $237.15.

Flutter Entertainment Price Performance

Shares of FLUT stock opened at $106.24 on Friday. Flutter Entertainment has a twelve month low of $99.96 and a twelve month high of $313.68. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. The stock has a fifty day simple moving average of $174.32 and a two-hundred day simple moving average of $223.35. The stock has a market capitalization of $18.62 billion, a price-to-earnings ratio of -59.02, a P/E/G ratio of 0.22 and a beta of 1.88.

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

Hedge Funds Weigh In On Flutter Entertainment

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Flutter Entertainment by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 17,559,354 shares of the company’s stock worth $4,460,076,000 after purchasing an additional 301,879 shares in the last quarter. Capital International Investors raised its holdings in shares of Flutter Entertainment by 146.8% in the fourth quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock worth $1,728,772,000 after buying an additional 4,782,302 shares during the last quarter. Parvus Asset Management Jersey Ltd acquired a new stake in shares of Flutter Entertainment during the second quarter worth $2,231,266,000. Cibc World Markets Corp acquired a new stake in shares of Flutter Entertainment during the fourth quarter worth $1,678,841,000. Finally, Caledonia Private Investments Pty Ltd grew its holdings in shares of Flutter Entertainment by 3.8% during the fourth quarter. Caledonia Private Investments Pty Ltd now owns 7,191,861 shares of the company’s stock valued at $1,546,538,000 after buying an additional 264,856 shares during the last quarter.

Flutter Entertainment News Summary

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

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.