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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
142% more call options, than puts
Call options by funds: $382M | Put options by funds: $158M
47% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 142
29% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 73
11% more funds holding in top 10
Funds holding in top 10: 37 [Q4 2024] → 41 (+4) [Q1 2025]
2.98% more ownership
Funds ownership: 85.91% [Q4 2024] → 88.89% (+2.98%) [Q1 2025]
3% more funds holding
Funds holding: 484 [Q4 2024] → 498 (+14) [Q1 2025]
11% less capital invested
Capital invested by funds: $39.5B [Q4 2024] → $35.1B (-$4.41B) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
JMP Securities Jordan Bender | 14%upside $301 | Market Outperform Reiterated | 12 Jun 2025 |
Needham Bernie McTernan | 17%upside $310 | Buy Reiterated | 10 Jun 2025 |
JMP Securities Eric Ross | 14%upside $301 | Market Outperform Maintained | 5 Jun 2025 |
Barclays Brandt Montour | 11%upside $293 | Overweight Maintained | 8 May 2025 |
Macquarie Chad Beynon | 21%upside $320 | Outperform Maintained | 8 May 2025 |
Financial journalist opinion
Based on 11 articles about FLUT published over the past 30 days









