Flutter EntertainmentFLUT
About: In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the US, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2024, the company offered products in over 100 countries and had 13.9 million average monthly users. In 2024, sports betting was 56% of revenue, online gaming 40%, and fantasy sports, horse racing, and other 4%.
Employees: 27,345
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
106% more call options, than puts
Call options by funds: $282M | Put options by funds: $137M
53% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 86
35% more capital invested
Capital invested by funds: $35.1B [Q1] → $47.4B (+$12.3B) [Q2]
29% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 153
17% more funds holding in top 10
Funds holding in top 10: 41 [Q1] → 48 (+7) [Q2]
7% more funds holding
Funds holding: 501 [Q1] → 535 (+34) [Q2]
5.02% more ownership
Funds ownership: 88.9% [Q1] → 93.92% (+5.02%) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Canaccord Genuity Jason Tilchen | 13%upside $340 | Buy Maintained | 8 Aug 2025 |
Macquarie Chad Beynon | 13%upside $340 | Outperform Maintained | 8 Aug 2025 |
UBS Ben Shelley | 20%upside $360 | Buy Maintained | 8 Aug 2025 |
JMP Securities Jordan Bender | 15%upside $345 | Market Outperform Maintained | 8 Aug 2025 |
Benchmark Mike Hickey | 22%upside $365 | Buy Maintained | 8 Aug 2025 |
Financial journalist opinion
Based on 27 articles about FLUT published over the past 30 days
