NYSE: FLUT

Flutter Entertainment (FLUT) Stock Analysis & Forecast

Sep 28 close

$76.63−6.60 (−7.9%)

Gekko Brief

AI summary

Flutter Entertainment's week was dominated by regulatory and earnings pressure. Brazil imposed an abrupt ban on online sports betting and iGaming, forcing the company to halt operations there, with a prolonged shutdown potentially costing $70 million in 2026 revenue; the news also weighed on peer DraftKings. Separately, Flutter reported adjusted earnings of $0.49 per share against expectations of $0.54, even as revenue rose 3.3% to $4.33 billion, and shares touched a 52-week low of $78.78. Coverage also referenced a prior quarter net loss of $296 million versus a year-ago profit.

FLUT closed at $76.63, down 7.9%, sitting below both its 50-day average of $97.91 and 200-day average of $123.39, with the shorter average also under the longer one, underscoring a persistent downtrend. The GekkoIndex reads 74.8, placing the stock in the Buying zone. Price sits 38.6% below the Gekko Fair Value of $124.88, a gap flagged as more than 5%.

The next earnings date falls on 11 November, 43 days out, beyond a typical 20-day holding window. Over the last 30 days there have been 3 unusual options signals, with put premium of $2,031,570 against call premium of $1,255,957. Seasonality over the next 20 trading days has averaged -1.6% across 5 years, rising in 1 of them, a pattern worth noting alongside the stock's 52-week low.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Flutter Entertainment price vs fair value

$124.88$76.63Sep ’25Mar ’26Sep ’26
Close $76.63200-day averageGekko Fair Value $124.88

Flutter Entertainment quick facts

Market cap
$13.29B
P/E ratio
—
Forward P/E
13.1
EPS, TTM
−$4.26
Revenue, TTM
$17.16B
Profit margin
-4.4%
Dividend yield
—
Beta
1.07
Volume
3.46M avg 2.90M
1-year return
−72.5%
Typical daily move
±5.7%
Typical 20-day move
±7.9%
50-day average
$97.91
200-day average
$123.39
Next earnings
Nov 11
Shares outstanding
173.5M
52-week range
$76.53$284.87

Flutter Entertainment swing-trade checklist

Flutter Entertainment scores 3 supportive, 0 mixed and 3 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive0 mixed3 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $76.63 is below the 50-day ($97.91) and 200-day ($123.39) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    74.8, Buying

    Reading 74.8 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    38.6% below

    Price is 38.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 3 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 43 days

    Next report Nov 11, 2026, 43 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.6% on average

    From this point in the calendar, the next 20 trading days averaged −1.6% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Flutter Entertainment stock chart and price history

Flutter Entertainment closed at $76.63 on Sep 28, 2026, −72.5% over the past year, inside a 52-week range of $76.53 to $284.87.

Close50-day average200-day averageVolume
Flutter Entertainment share price, past year, with 50-day and 200-day moving averages and volume$100$150$200$250$300NovDecJan 2026FebMarAprMayJunJulAugSep76.63

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−19.3%
3 months
−26.4%
6 months
−23.8%
1 year
−72.5%
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Follow Flutter Entertainment through every session

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About Flutter Entertainment

Flutter Entertainment runs betting and gaming services for players across the United States, the United Kingdom, Ireland, Australia, Italy, and several other countries. Its lineup covers sportsbook wagering, casino-style iGaming such as blackjack, roulette, slots, poker, and rummy, lottery-based games, and wagering formats like exchange betting, daily fantasy contests, and horse race betting. The company is known for reaching customers through a broad collection of separately branded platforms rather than one central label.

Its consumer-facing brands include FanDuel, TVG, Betfair, Paddy Power, Sportsbet, PokerStars, Sisal, tombola, Adjarabet, and MaxBet, each tied to its own website, along with live poker tours and events held under some of these names. Alongside its own betting and gaming operations, Flutter Entertainment also supplies pricing and risk management support to other businesses in the wagering space. This mix of regional brands and behind-the-scenes services forms the backbone of how it serves both everyday bettors and industry partners.

Flutter Entertainment traces its incorporation back to 1958 and was known as Paddy Power Betfair plc until it took on its present name in 2019. The company is based in New York, New York, and its stock trades on the NYSE under the ticker FLUT.

Listed
NYSE
Sector
Consumer services
Industry
Casinos/Gaming
Website
flutter.com

Flutter Entertainment GekkoIndex: the smart money zone

Flutter Entertainment’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 74.8, in the Buying zone, up 1.4 points over five sessions.

010074.8Buying

Up 1.4 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)62−3.5%−7.0%−11.2%−17.8%
Accumulation226−0.1%+0.2%−0.2%−4.6%
Neutral336−0.3%−0.7%−1.0%−1.6%
Distribution40+0.4%+0.9%+0.1%+2.5%
Selling8Too few readings yet

Average FLUT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the FLUT price, zone by zone.Track FLUT in Gekko

Is Flutter Entertainment stock overvalued? Gekko Fair Value

Flutter Entertainment trades 38.6% below Gekko Fair Value of $124.88, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Flutter Entertainment shares are worth, recalculated every trading day.

$124.88

Gekko Fair Value, Sep 29, 2026

38.6% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FLUT in Gekko

Flutter Entertainment insider and Congress trading

No open-market insider purchases were filed for Flutter Entertainment, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FLUT in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FLUT insider filing, plotted on the chart in Gekko.Open FLUT in Gekko

Congress trades last 90 days

No trades in FLUT were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FLUT, plotted on the chart in Gekko.Open FLUT in Gekko

Buybacks

Flutter Entertainment has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$129.0M
As a share of market cap
0.97%
Trailing four quarters
$784.3M

From company filings.

Unusual options activity last 30 days

3signals, 38% of the flagged premium in calls.

Latest: Bullish flow on Sep 29, $455K in unusual premium.

Hedge funds and billionaires quarter ended Mar 31

1of the funds Gekko tracks holds FLUT.

1added0opened0trimmed3sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Flutter Entertainment earnings: next date and track record

Flutter Entertainment reports on Nov 11, 2026 (43 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±6.9%average move across the report
1 of 8reports followed by a gain

Share-price move across each report

+5.8%Nov ’24−0.5%Mar ’25−1.7%May ’25−8.6%Aug ’25−13.3%Nov ’25−11.4%Feb ’26−2.1%May ’26−11.4%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Flutter Entertainment Q2 2026 earnings call where management (CEO Jeremy/Peter Jackson and CFO Rob Coldrake) reviewed Q2 results, explained operational progress and strategic actions, and updated guidance. Q2 revenue grew 3% (benefit from M&A and FIFA World Cup), but adjusted EBITDA declined 45% driven by increased U.K. gaming taxes, planned investments (prediction markets and World Cup marketing) and generosity spend in the U.S.; net loss of $296m (vs. net income $37m prior year) driven by segment profitability reduction and $95m one-off historical tax costs. Management outlined a deliberate increase in U.S. investment to accelerate FanDuel sportsbook momentum (generosity/promotions, loyalty rollout, marketing), integration and scaling of prediction markets (market making opportunity, One App, transition to crypto.com for some contracts), and an expanded cost-transformation program targeting $500m of incremental run-rate savings. The company reiterated medium-term objective to reduce leverage to target 2.0–2.5x, noting Q2 leverage of 4.3x and expectation that H2 cash generation will reduce leverage. Management signaled confidence in product momentum (World Cup, NBA, MLB record weeks), progress across international markets (Italy, Turkey, CEE, UK), and the potential of market making but acknowledged regulatory and tax headwinds.
Guidance
Updated near-term financial guidance: Q3 assumed roughly breakeven EBITDA; Q4 EBITDA guidance reduced to $500 million (previously ~ $700 million). Expectation to return to target leverage 2.0–2.5x in the medium term (timing depends on cadence of strategic investments). U.S. investment: incremental generosity/investment (~$270m of EBITDA investment cited) into sportsbook in H2 to strengthen market position; prediction market market-making revenue ambition (~$50m EBITDA for year from market making) and integrated Predicts investments into sportsbook (no separate breakout going forward). iGaming full-year growth target reiterated at high-teens. Cost transformation: incremental $500m run-rate savings targeted (with $100m of costs badged to 2026 SDI), with additional one-off charges expected into 2027–2028 to implement program.
Risks flagged
Regulatory and tax risks: U.K. gaming tax increase and state-level tax changes (e.g., North Carolina) impacting profitability; regulatory uncertainty around prediction markets (possible legal resolution by courts/Supreme Court); Brazil regulatory backdrop limiting market growth. Operational and execution risks: elevated generosity spending weighing on near-term EBITDA; reduced Q4 EBITDA guidance vs. prior; execution risk in product rollouts (One App, loyalty). Financial risks: high leverage (4.3x at Q2) and reduced free cash flow (down 56% YoY), one-off historical tax charge ($95m). Competitive risks: cannibalization from prediction markets/combos and potential competitor reactions.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.16
est $0.23
−30.4%—
est $4.24B
—−11.4%
May 6, 2026$1.23
est $0.14
+778.6%$4.30B
est $4.24B
+1.6%−2.1%
Feb 26, 2026$1.74
est $1.91
−8.9%$4.74B
est $4.93B
−4.0%−11.4%
Nov 12, 2025$1.64
est $0.61
+169.7%$3.79B
est $3.83B
−0.8%−13.3%
Aug 7, 2025$2.95
est $2.24
+31.7%$4.19B
est $4.13B
+1.4%−8.6%
May 7, 2025$1.59
est $1.91
−16.8%$3.67B
est $3.76B
−2.6%−1.7%
Mar 4, 2025$2.94
est $1.96
+50.0%$3.79B
est $3.75B
+1.2%−0.5%
Nov 12, 2024$0.43
est −$0.26
+265.2%$3.25B
est $3.06B
+6.0%+5.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Flutter Entertainment stock forecast and analyst price targets

Analysts’ average 12-month price target for Flutter Entertainment is $136.12, +77.6% from the last close, from 20 firms rating the stock in the last 90 days.

$136.12consensus 12-month target, +77.6% from the last close
Low $93High $210
Buy14
Hold6
Sell0

Each firm’s latest rating in the last 90 days: 20 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 6UBSBuy, maintained$140+82.7%
Aug 6CitiHold, upgraded$93+21.4%
Aug 6MacquarieBuy, maintained$160+108.8%
Aug 6Craig-HallumHold, maintained$100+30.5%
Aug 6Benchmark Co.Buy, maintained$113+47.5%
−11.2%average 20-day move after past Buying readings
−1.6%average move over the next 20 trading days in the last 5 years
±5.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Flutter Entertainment seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Flutter Entertainment averaged −1.6% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−3.0%2021+18.0%2022−3.6%2023−4.8%2024−13.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.0%2 of 5
Next 10 trading days−3.2%1 of 5
Next 15 trading days−1.8%1 of 5
Next 20 trading days−1.6%1 of 5
Next 30 trading days−2.3%2 of 5

For scale, FLUT’s typical 20-trading-day move in either direction is about 7.9%.

Flutter Entertainment market cap and key statistics

Flutter Entertainment’s market cap is $13.29B and revenue of $17.16B over the last twelve months.

Valuation

Market cap
$13.29B
Forward P/E
13.1
EPS, TTM
−$4.26
Gekko Fair Value
$124.88

Trading

Volume
3.46M
Avg volume, 20 days
2.90M
52-week high
$284.87
52-week low
$76.53
Shares outstanding
173.5M

Financials

Revenue, TTM
$17.16B
Profit margin
-4.4%
Return on equity
-7.9%
Quarterly earnings growth, YoY
−21.7%

Risk and income

Beta
1.07
Typical daily move
±5.7%
Typical 20-day move
±7.9%

Flutter Entertainment stock news this week

Coverage of Flutter Entertainment this week reads negative: 1 positive, 0 neutral and 8 negative headlines.

News sentiment negative

Flutter Entertainment peers

Flutter Entertainment’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
LVSLas Vegas Sands−0.2%Accumulation31.2% below
WYNNWynn Resorts−0.1%Buying48.9% below
MGMMGM Resorts International−2.5%Buying48.6% below
CZRCaesars Entertainment0.0%Accumulation42.1% below
SGHCSuper Group (SGHC)−2.0%Buying16.2% below
BYDBoyd Gaming−2.5%Buying44.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Flutter Entertainment stock FAQ

What is Flutter Entertainment’s market cap?

Flutter Entertainment’s market cap is $13.29B at the Sep 28, 2026 close of $76.63, with 173.5M shares outstanding.

What is the Flutter Entertainment stock forecast?

The consensus analyst 12-month price target for Flutter Entertainment is $136.12, +77.6% from the last close. Of the 20 firms that rated the stock in the last 90 days, 14 rate it a buy, 6 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Flutter Entertainment stock overvalued or undervalued?

On Gekko’s estimate Flutter Entertainment is undervalued: the Sep 28, 2026 close of $76.63 is 38.6% below Gekko Fair Value of $124.88. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Flutter Entertainment report earnings next?

Flutter Entertainment is expected to report on Nov 11, 2026 (43 days away). Analysts expect earnings of $0.30 per share on revenue of $4.04B. Flutter Entertainment beat the earnings estimate in 5 of its last 8 reports, moving 6.9% on average across the report.

What is Flutter Entertainment’s 52-week high and low?

Flutter Entertainment’s 52-week high is $284.87 and its 52-week low is $76.53; it closed at $76.63 on Sep 28, 2026, −72.5% over the past year. Over the last five years the shares peaked at $313.69 on Aug 7, 2025.

Is Flutter Entertainment stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and earnings risk) and 3 as headwinds (trend, smart money and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Flutter Entertainment?

Gekko flagged 3 unusual options signals in Flutter Entertainment over the last 30 days, with $1.26M of flagged premium in calls and $2.03M in puts. The latest, bullish flow, was on Sep 29, 2026 with $455K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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