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A Quick Look at Today's Ratings for Flutter Entertainment(FLUT.US), With a Forecast Between $255 to $300

Futu News ·  Sep 26 21:00  · Ratings

On Sep 26, major Wall Street analysts update their ratings for $Flutter Entertainment (FLUT.US)$, with price targets ranging from $255 to $300.

J.P. Morgan analyst Estelle Weingrod maintains with a buy rating, and maintains the target price at $291.56.

Barclays analyst Brandt Montour maintains with a buy rating, and adjusts the target price from $263 to $275.

UBS analyst Louise Wiseur maintains with a buy rating, and adjusts the target price from $297.77 to $296.01.

Oppenheimer analyst Jed Kelly maintains with a buy rating, and adjusts the target price from $255 to $300.

Needham analyst Bernie McTernan maintains with a buy rating, and maintains the target price at $270.

Furthermore, according to the comprehensive report, the opinions of $Flutter Entertainment (FLUT.US)$'s main analysts recently are as follows:

  • Following the capital markets day, there's an anticipation of increased hold assumptions and the inclusion of 2027 estimates. The key insight from the event is that Flutter Entertainment's competitive advantage, known as 'Flutter Edge', remains robust and is likely to expand further.

  • Following a positive Investor Day, expectations for Flutter Entertainment have been enhanced with the introduction of a 2027 U.S. segment EBITDA target of $2.4B, a product roadmap aimed at achieving a 16% U.S. structural hold, and a strategy for a $5B financial repurchase plan. These developments reinforce the view of the company as a 'Core Holding.' Projections for the 2025 U.S. segment suggest 40%-45% incremental margins, indicative of a stable U.S. market, though there is an openness to increase expenditure should the customer acquisition costs relative to the lifetime value of customers improve.

Here are the latest investment ratings and price targets for $Flutter Entertainment (FLUT.US)$ from 9 analysts:

StockTodayLatestRating_nn_84825604330151_20240926_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

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