Flutter Entertainment plc (FLUT) Stock Price & Analysis
Flutter Entertainment plc (FLUT) closed at USD 81.69 on Thursday, October 22, 2026, up 4.38% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 78.26; the Oct 22, 2026 session ranged USD 77.08–82.04 on volume of 2,321,922 shares. Market capitalization is $14.18B, with a 52-week range of USD 72.56–255.26 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FLUT.md
Key facts (FLUT)
- Last four reported quarters (through Jun 30, 2026): revenue $17.2B, net income -$866M (-5.0% margin), free cash flow $1.24B (SEC filings).
- 1 of 80 tracked superinvestors hold FLUT (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Analysts: Buy (mean 2.24 on a 1–5 scale) (33 analysts), mean target USD 131.27 (range 85–360).
- Total return with dividends: 1Y -67.5% vs S&P 500 +14.9%; 5Y -58.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.27, revenue estimate $4.01B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FLUT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $9.46B | $11.8B | $14.0B | $16.4B | $17.2B |
| Gross profit | $4.65B | $5.59B | $6.70B | $7.40B | — |
| Operating income | -$88.0M | -$549M | $869M | $36.0M | -$641M |
| Net income | -$370M | -$1.21B | $162M | -$407M | -$866M |
| EPS (diluted) | -$2.44 | -$6.89 | $0.24 | -$1.75 | — |
| Free cash flow | $1.04B | $778M | $1.46B | $1.08B | $1.24B |
| Gross margin | 49.1% | 47.4% | 47.7% | 45.2% | — |
| Operating margin | -0.9% | -4.7% | 6.2% | 0.2% | -3.7% |
| Net margin | -3.9% | -10.3% | 1.2% | -2.5% | -5.0% |
| Revenue growth | — | +24.6% | +19.2% | +16.6% | — |
| Cash + short-term investments | $966M | $1.67B | $1.66B | $1.85B | — |
| Total debt | — | $7.06B | $6.74B | $12.3B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FLUT)
P/S 0.8x · EV/EBITDA 23.9x · EV/Sales 1.4x · P/FCF 11.4x · P/B 1.6x · FCF yield 8.76% · Earnings yield -6.11% · Buyback yield (TTM) 5.67% · Net debt $10.4B · EV $24.6B
P/E at fiscal year-ends: Dec 2024 287.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (FLUT)
1 of 80 tracked investors hold FLUT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | 0.03% | $64.3M | Unchanged |
Analysts (FLUT)
Consensus Buy (mean 2.24 on a 1–5 scale), 33 analysts; mean target USD 131.27 (low 85, high 360).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | JP Morgan | Target lowered | Neutral | $114 → $110 |
| 2026-10-20 | Truist Securities | Target lowered | Buy | $120 → $100 |
| 2026-10-13 | Citizens | Target lowered | Market Outperform | $145 → $129 |
| 2026-10-08 | Susquehanna | Target lowered | Positive | $115 → $100 |
| 2026-10-08 | Wedbush | Target lowered | Outperform | $126 → $110 |
| 2026-10-07 | Citigroup | Upgrade | Neutral → Buy | $93 → $91 |
| 2026-10-07 | Macquarie | Target lowered | Outperform | $150 → $128 |
| 2026-10-01 | BTIG | Target lowered | Buy | $113 → $110 |
| 2026-09-21 | Rothschild & Co | Downgrade | Buy → Neutral | $169 → $119 |
| 2026-09-02 | Wolfe Research | Initiated | Outperform | $150 |
| 2026-08-12 | JP Morgan | Initiated | Neutral | $114 |
| 2026-08-07 | Citigroup | Upgrade | Sell → Neutral | $93.26 → $93 |
Total return (dividends reinvested) (FLUT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -67.5% | -58.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -67.6% | -16.1% |
| Volatility (annualized) | 50.4% | 44.2% |
| Max drawdown | -70.5% (Oct 2025→Oct 2026) | -75.7% (Aug 2025→Sep 2026) |
FLUT revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| International | $2.64B | 61.1% | +10.3% |
| U.S. | $1.68B | 38.9% | -6.0% |
| Total revenue | $4.33B | 100% | — |
FLUT revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Sportsbook | $1.04B | 24.0% | -14.8% |
| iGaming | $577.0M | 13.3% | +13.8% |
| Other | $67.0M | 1.5% | +3.1% |
| Total revenue | $4.33B | 100% | — |
FLUT revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $1.59B | 36.8% | -8.5% |
| UNITED KINGDOM | $882.0M | 20.4% | +3.9% |
| Italy | $783.0M | 18.1% | +30.1% |
| Rest of the world | $590.0M | 13.6% | +4.8% |
| Australia | $401.0M | 9.3% | +12.0% |
| Ireland | $80.0M | 1.8% | +3.9% |
| Total revenue | $4.33B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
FLUT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | FanDuel Group Parent | “Our sportsbook offerings, such as FanDuel, Sportsbet or Sky Betting & Gaming, involve a customer placing a bet (wager) on various types of sporting events at fixed odds determined by us.” |
| Customer | Netflix (NFLX) | “In addition, the entrance of alternative media licensing and broadcasting organizations into the sport broadcasting industry (e.g., Netflix, Amazon, DAZN Group and YouTube), which may not attract the volume of viewers traditionally attracted by television companies for major sporting events (in particular free-to-air broadcasters such as the BBC, NBC, ABC, CBS and FOX), has the potential to negatively impact the n…” |
| Customer | Amazon (AMZN) | “In addition, the entrance of alternative media licensing and broadcasting organizations into the sport broadcasting industry (e.g., Netflix, Amazon, DAZN Group and YouTube), which may not attract the volume of viewers traditionally attracted by television companies for major sporting events (in particular free-to-air broadcasters such as the BBC, NBC, ABC, CBS and FOX), has the potential to negatively impact the n…” |
| Customer | FSG Services | “In addition, the entrance of alternative media licensing and broadcasting organizations into the sport broadcasting industry (e.g., Netflix, Amazon, DAZN Group and YouTube), which may not attract the volume of viewers traditionally attracted by television companies for major sporting events (in particular free-to-air broadcasters such as the BBC, NBC, ABC, CBS and FOX), has the potential to negatively impact the n…” |
| Customer | Paddy Power | “In addition, in June 2025, the Paddy Power and Betfair businesses suffered a data incident, when an unauthorized third party gained access to the personal information of some of our customers.” |
| Customer | Boyd Interactive Holdings | “The movement in our cash flows from operating activities was primarily driven by (i) a cash outflow in player deposit liabilities of $439 million due to timing of sports events, customer friendly sports results in the US during 2024 and payment of lottery winnings by Sisal in fiscal 2025 as a result of the rollover of the lottery jackpot as of December 31, 2024, (ii) an outflow of $205 million relating to the Boyd…” |
| Partner | FanDuel Prediction Markets | “We offer prediction markets contracts trading in the United States through our partnership with CME Group, which operates FanDuel Prediction Markets LLC, a futures commission merchant ("FCM").” |
| Partner | BOYD GAMING CORP (BYD) | “Additionally, FanDuel has a strategic partnership with Boyd Gaming Corporation, one of the largest and most experienced gaming companies in the United States.” |
Quoted from the company's 10-K filed Feb 26, 2026.
Companies that name FLUT in their SEC reports
| Relationship to FLUT | Company | Filing | Sentence |
|---|---|---|---|
| partner | CME GROUP INC. (CME) | 10-K Feb 26, 2026 | “Our joint venture with FanDuel, a part of Flutter Entertainment plc, launched in December 2025.” |
FLUT company outlook (results filed Aug 5, 2026)
- “Early Q3 trading was ahead of expectations benefiting from good engagement in the knockout stages of the FIFA World Cup and slightly favorable sports results.”
- “Our updated outlook for 2026 now includes the following midpoints: Group: revenue and adjusted EBITDA of $17.91bn and $2.655bn, representing 9% year-over-year growth, and a reduction of 7% year-over-year, respectively.”
- “We expect approximately 20% of full year revenue to arise in Q3 with adjusted EBITDA expected to be approximately breakeven in the quarter.”
- “We expect approximately 24% of full year revenue and 23% of full year adjusted EBITDA to arise in Q3.”
Quoted word-for-word from the SEC 8-K results press release.
FLUT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.27 | $0.77 | -65.0% | $4.01B | 13 |
| Next quarter (ends Dec 2026) | $2.88 | $3.26 | -11.5% | $5.20B | 13 |
| Current fiscal year (ends Dec 2026) | $4.74 | $5.77 | -17.8% | $17.86B | 25 |
| Next fiscal year (ends Dec 2027) | $1.73 | $3.66 | -52.7% | $19.30B | 12 |
FLUT options: expected move
Options price a move of about ±14.4% (±$11.75) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±6.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 64.4% | ±14.4% |
| Dec 18, 2026 | 56 | 56.0% | ±17.5% |
| Jan 15, 2027 | 84 | 55.8% | ±21.2% |
| Mar 19, 2027 | 147 | 53.3% | ±26.7% |
| Jun 17, 2027 | 237 | 55.2% | ±34.8% |
30-day implied volatility 64.1% vs 50.9% realized over the last 30 trading days. Put/call ratio (volume) 19.57. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:23 UTC)
| Price | USD 81.69 |
|---|---|
| Change | ▲ 4.38% (up) |
| Previous Close | USD 78.26 |
| Open | USD 77.07 |
| Day Range | USD 77.08 – 82.04 |
| 52-Week Range | USD 72.56 – 255.26 |
| Volume | 2,321,922 shares |
| Market Cap | $14.18B |
| Exchange | NYQ |
Technical Analysis (FLUT)
Nexqual's technical model rates FLUT "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 11:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 47.86 (neutral) |
| vs SMA50 | Below (USD 89.24) |
| MACD | -2.9 (negative) |
Analyst Ratings (FLUT)
Wall Street analysts rate FLUT "Buy" based on 33 analysts, with a mean price target of USD 131.27 (range USD 85–360), per Nexqual as of October 23, 2026 at 11:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 33 |
| Mean Target | USD 131.27 |
| High Target | USD 360 |
| Low Target | USD 85 |
| Buy / Hold / Sell | 23 / 9 / 1 |
Earnings (FLUT)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.27 |
| Revenue Estimate | $4.01B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.49 vs est 0.55 ▼ miss |
| 2026-03-31 | USD 1.22 vs est 1.09 ▲ beat |
| 2025-12-31 | USD 1.74 vs est 1.57 ▲ beat |
| 2025-09-30 | USD 1.64 vs est 0.5 ▲ beat |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financials & Fundamentals (FLUT)
| Total Revenue | $17.16B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.30% |
| Gross Margin | +42.46% |
| Operating Margin | -3.33% |
| Profit Margin | -4.39% |
| ROE | -7.87% |
| Debt / Equity | 1.34 |
| Current Ratio | 0.89 |
| Total Cash | $1.62B |
| Total Debt | $12.58B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.24B (7.2% of revenue) |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financial Health Score (FLUT)
Nexqual rates Flutter Entertainment plc's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:23 UTC.
| Growth | Strong — Revenue +17% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 42%, operating -3% (last 12 months) |
| Balance Sheet | Weak — $1.57B cash and investments vs $12.0B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.24B (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Critical — ROE -8%, ROA -0.2% |
Ownership (FLUT)
| Insider Ownership | +18.95% |
|---|---|
| Institutional Ownership | +84.65% |
| Shares Outstanding | 173.54M |
| Float | 125.46M |
| Short % of Float | +10.67% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Leadership (FLUT)
Flutter Entertainment plc is led by Daniel Mark Taylor, Group CEO & Director, per Nexqual as of October 23, 2026 at 11:23 UTC.
| Group CEO & Director | Daniel Mark Taylor |
|---|---|
| Chief Financial Officer | Robert Coldrake |
| Chief Operating Officer | Phil Bishop |
| Group Director of Investor Relations | Paul Tymms |
Major Backers & Investors (FLUT)
Notable institutional backers of Flutter Entertainment plc include Parvus Asset Management Jersey Ltd, CIBC Bancorp USA Inc., Capital Group, according to Nexqual as of October 23, 2026 at 11:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Parvus Asset Management Jersey Ltd | 8.75% |
| CIBC Bancorp USA Inc. | 7.25% |
| Capital Group | 4.88% |
| Caledonia (Private) Investments Pty Ltd | 4.66% |
| Bank of America Corporation | 2.95% |
| Massachusetts Financial Services Co. | 2.3% |
| AMERICAN FUNDS INSURANCE SERIES-Eupac Fund | 1.9% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 7.16% |
| BlackRock | 4.71% |
| HSBC Holdings PLC | 3.45% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
From Flutter Entertainment plc's Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- For example, in the United States, we have strategically partnered with some of the leading news, sports and entertainment companies, including Amazon Prime Video, Paramount, Netflix, Fox Sports, and The Ringer.
- We have a distinctive proprietary technology platform that is tailored to the needs of our business, which we have developed and refined through dedicated investments over more than 30 years.
- In fiscal 2025, we invested $991 million in technology research and development.
- We also work with regulatory and government bodies to ensure our products, including the software and technological infrastructure underlying them, undergo comprehensive testing by such regulatory and government bodies, as well as by independent, industry-leading testing, accreditation and certification organizations (including Gaming Laboratories International and BMM International).
Partnerships
- We offer prediction markets contracts trading in the United States through our partnership with CME Group, which operates FanDuel Prediction Markets LLC, a futures commission merchant ("FCM").
- In December 2025, we launched FanDuel Predicts in partnership with CME Group ("CME") in five states, beginning a phased national rollout through early 2026 and providing eligible customers with a mobile and web platform to trade prediction markets contracts.
Legal & Regulatory Risks (Item 1A, quoted)
- Adverse changes to the regulation of online betting, iGaming and adjacent industries, or their interpretation by regulators, could have a material adverse effect on our growth prospects, as well as our business, financial condition and results of operations.
- Adverse legislative, regulatory or judicial developments may also limit our ability to expand into, or scale within, adjacent and emerging industries.
- Legal uncertainty and inconsistent enforcement of online betting and iGaming laws could require us to restrict or cease operations in certain jurisdictions, or expose us to regulatory or legal action.
- Changes in taxation laws, regulations and interpretations could materially increase our tax liabilities, reduce customer demand for our products, and adversely affect our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| DKNG | DraftKings Inc. | USD 20.94 | ▲ 2% |
| CHDN | Churchill Downs, Incorporated | USD 84.45 | ▲ 2.01% |
| SGHC | Super Group (SGHC) Limited | USD 11.35 | ▲ 1.98% |
| RSI | Rush Street Interactive, Inc. | USD 16.36 | ▼ 2.91% |
| BRSL | Brightstar Lottery PLC Trading | USD 9.56 | ▲ 3.58% |
| ACEL | Accel Entertainment, Inc. | USD 10.97 | ▲ 1.76% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt