Flutter EntertainmentFLUT
FLUT
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
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 13 analysts
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
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$280
3%
downside
Avg. target
$313
8%
upside
High target
$380
31%
upside
13 analyst ratings
13 positive
100%
0 neutral
0%
0 negative
0%
B of A Securities Adrien de Saint Hilaire | 14%upside $330 | Buy Maintained | 11 Jul 2025 |
Jefferies James Wheatcroft | 31%upside $380 | Buy Reinstated | 8 Jul 2025 |
Canaccord Genuity Jason Tilchen | 14%upside $330 | Buy Initiated | 25 Jun 2025 |
JMP Securities Jordan Bender | 4%upside $301 | Market Outperform Reiterated | 12 Jun 2025 |
Needham Bernie McTernan | 7%upside $310 | Buy Reiterated | 10 Jun 2025 |
Financial journalist opinion
Based on 13 articles about FLUT published over the past 30 days
Positive
Proactive Investors
21 hours ago
Flutter's wrapping up FanDuel backs up forecast valuation, say analysts
Flutter Entertainment PLC's (LSE:FLTR) acquisition of the final 5% it did not already own in FanDuel for US$1.8 billion does not undermine the bookmaker's valuation, according to analysts at Peel Hunt. The Betfair and Paddypower owner has secured full ownership of its US business by acquiring the stake from Boyd Gaming at a price that implies a valuation for FanDuel of US$31 billion.
Positive
Proactive Investors
1 day ago
Flutter takes full control of FanDuel in $1.76bn deal
Flutter Entertainment PLC (LSE:FLTR) has struck a deal to buy Boyd Gaming's remaining 5% stake in FanDuel for about $1.76 billion, giving it complete ownership of the US sports betting giant. The agreement values FanDuel at around $31 billion.
Positive
Reuters
1 day ago
Boyd Gaming to sell its 5% stake in FanDuel Group for $1.76 billion
Boyd Gaming said on Thursday it will sell its 5% equity interest in FanDuel Group to Flutter Entertainment for about $1.76 billion.
Neutral
GlobeNewsWire
1 day ago
Flutter secures 100% ownership of FanDuel through new agreement with Boyd
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world's leading online sports betting and iGaming operator today announces the extension of its long-term strategic partnership with Boyd Gaming Corporation (“Boyd”) to 2038 and the buyout of Boyd's 5% stake in FanDuel Group (“FanDuel”), together “the Agreement”.
Neutral
PRNewsWire
1 day ago
BOYD GAMING TO SELL FANDUEL INTEREST FOR $1.755 BILLION
All-Cash Transaction Unlocks Significant, Unrealized Value for Boyd Shareholders Boyd, FanDuel Extend Market-Access Agreements through 2038 LAS VEGAS , July 10, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) ("the Company" or "Boyd") today announced it has entered into a definitive agreement to sell the Company's 5% equity interest in FanDuel Group ("FanDuel") to Flutter Entertainment plc (NYSE: FLUT) ("Flutter") for cash consideration of $1.755 billion. The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals.
Negative
CNBC Television
2 days ago
Jim Cramer talks a change to gambling income taxation and how it could impact the betting space
'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.
Negative
CNBC Television
2 days ago
Gambling income tax change is 'brutal', says Jim Cramer
'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.
Negative
Proactive Investors
3 days ago
Flutter, Entain: Trump's Big, beautiful bill has blowback for UK gaming stocks
A tweak to US tax law may not grab headlines like a blockbuster merger, but for UK-listed gambling stocks, it could have consequences. A proposal buried in Donald Trump's so-called “big, beautiful bill” could dent future growth in the US betting market, and that's something investors in Flutter Entertainment PLC (LSE:FLTR) and Entain PLC (LSE:ENT) may want to watch.
Neutral
PRNewsWire
4 days ago
FanDuel Strengthens Public Policy Expertise with New Hires
FanDuel appoints new Senior Vice President of Public Affairs and new Head of Federal Affairswho together have decades of government policy experience NEW YORK , July 7, 2025 /PRNewswire/ -- Today, FanDuel Group, the premier online gaming company in North America, announced that Shailagh Murray has been appointed Senior Vice President of Public Affairs and Jonathan Nabavi has been appointed Vice President of Federal Affairs. Murray and Nabavi will bring their extensive experience to FanDuel as the company leads the development of a regulated gaming industry that protects customers and delivers meaningful tax revenue to states.
Positive
Seeking Alpha
1 week ago
US Sportsbook Leaders Flutter And DraftKings Post Double-Digit Growth Guidance
Flutter and DraftKings dominate the US sports betting and iGaming markets, holding a combined 66.1% market share and benefiting from economies of scale. The US sports betting market is still far from maturity, with legislative momentum and tax incentives driving further legalization and expansion opportunities. Both companies are well-positioned for growth: DraftKings offers higher upside as it nears profitability, while Flutter boasts a stable international base and superior hold rates.
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