Flutter Entertainment (NYSE:FLUT) Stock Rating Lowered by Craig Hallum

Flutter Entertainment (NYSE:FLUT) was downgraded by research analysts at Craig Hallum from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Marketbeat reports. They currently have a $200.00 price objective on the stock. Craig Hallum’s price objective points to a potential upside of 10.39% from the company’s current price.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group reduced their price target on Flutter Entertainment from $340.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Bank of America reiterated a “neutral” rating and set a $250.00 price objective (down previously from $325.00) on shares of Flutter Entertainment in a research note on Tuesday, November 4th. Stifel Nicolaus reduced their target price on shares of Flutter Entertainment from $339.00 to $330.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Morgan Stanley decreased their target price on shares of Flutter Entertainment from $352.00 to $315.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. Finally, Citizens Jmp lifted their price target on shares of Flutter Entertainment from $311.00 to $313.00 and gave the stock a “market outperform” rating in a research note on Monday, January 5th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and an average target price of $289.95.

Flutter Entertainment Price Performance

Shares of NYSE FLUT opened at $181.17 on Wednesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.96 and a quick ratio of 0.96. Flutter Entertainment has a 1-year low of $179.01 and a 1-year high of $313.68. The company has a market capitalization of $31.74 billion, a price-to-earnings ratio of -139.36 and a beta of 1.88. The business has a 50-day moving average of $208.00 and a 200-day moving average of $251.89.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA raised its stake in shares of Flutter Entertainment by 3.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,961,244 shares of the company’s stock valued at $636,786,000 after purchasing an additional 96,563 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in Flutter Entertainment in the fourth quarter worth about $85,000. Rathbones Group PLC increased its holdings in Flutter Entertainment by 2.8% in the fourth quarter. Rathbones Group PLC now owns 7,017 shares of the company’s stock valued at $1,509,000 after buying an additional 192 shares during the last quarter. Signaturefd LLC raised its stake in Flutter Entertainment by 124.7% during the fourth quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $86,000 after buying an additional 222 shares in the last quarter. Finally, Perpetual Ltd lifted its holdings in Flutter Entertainment by 3.6% during the 4th quarter. Perpetual Ltd now owns 963,249 shares of the company’s stock worth $207,137,000 after buying an additional 33,373 shares during the last quarter.

Key Stories Impacting 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

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.