On Nov 13, major Wall Street analysts update their ratings for $Flutter Entertainment (FLUT.US)$, with price targets ranging from $286 to $375.63.
J.P. Morgan analyst Estelle Weingrod maintains with a buy rating, and adjusts the target price from $353.18 to $375.63.
BofA Securities analyst Adrien Hilaire maintains with a buy rating, and maintains the target price at $300.
Barclays analyst Brandt Montour maintains with a buy rating, and adjusts the target price from $275 to $301.
Wells Fargo analyst Daniel Politzer maintains with a buy rating, and adjusts the target price from $295 to $300.
Oppenheimer analyst Jed Kelly maintains with a buy rating, and maintains the target price at $300.
Furthermore, according to the comprehensive report, the opinions of $Flutter Entertainment (FLUT.US)$'s main analysts recently are as follows:
Flutter Entertainment demonstrated a robust performance in the third quarter, affirming its continued leadership in the U.S. market and the advantages of having a varied portfolio, according to an analyst.
The firm notes Flutter Entertainment reported strong Q3 results, which balanced out less favorable outcomes in October for NFL events. The firm also emphasizes the company's confirmation of its 2025 U.S. outlook, and anticipates a modest increase in revenue growth, at +25% year-over-year, alongside a 520 basis point expansion in margins.
Flutter Entertainment's Q3 results and forward-looking guidance surpassed consensus expectations, fueled by a robust performance in the U.S. and U.K. markets, alongside less significant headwinds for Q4. The company is noted for its strong fundamental framework and potential growth catalysts.
Flutter Entertainment's Q3 EBITDA surpassed expectations by approximately 20%, showcasing widespread growth across all regions. The company's promising 26% EBITDA compound annual growth rate, coupled with a significant capital return, reinforces a bullish outlook on the company's performance.
Here are the latest investment ratings and price targets for $Flutter Entertainment (FLUT.US)$ from 10 analysts:
Note:
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