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Craig-Hallum Maintains Flutter Entertainment(FLUT.US) With Buy Rating, Announces Target Price $275

Futu News ·  Sep 27 01:32  · Ratings

Craig-Hallum analyst Ryan Sigdahl maintains $Flutter Entertainment (FLUT.US)$ with a buy rating, and sets the target price at $275.

According to TipRanks data, the analyst has a success rate of 54.5% and a total average return of 16.5% over the past year.

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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 a recognition that Flutter Entertainment's 'Flutter Edge' remains robust and may even be poised for further expansion. This perspective is based on the integration of more optimistic hold assumptions and the introduction of forecasts for the year 2027.

  • Following an optimistic Investor Day, expectations for Flutter Entertainment have been reinforced with the introduction of a 2027 U.S. segment EBITDA goal of $2.4B, a detailed product roadmap to secure a 16% U.S. structural hold, and the initiation of a substantial buyback program. These factors collectively strengthen the case for considering the company a 'Core Holding'. Projections for the 2025 U.S. segment suggest 40%-45% incremental margins, indicating a sensible U.S. market, while allowing for the possibility of increased expenditures if the ratio of customer lifetime value to customer acquisition costs improves.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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