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UBS analyst Ben Shelley has reaffirmed a Buy rating for Flutter Entertainment with a $340 price target, indicating significant upside potential. Despite a slight reduction in handle growth forecasts, iGaming growth is expected to rise, supported by strong revenue growth and strategic initiatives in the online sports betting sector. Flutter's robust performance in 2024, including a 19% revenue increase, has led other analysts to raise their price targets, reflecting confidence in the company's market share expansion and financial stability.
UBS Group has raised its price target for Flutter Entertainment (NYSE:FLUT) from $335.00 to $340.00, maintaining a "buy" rating, indicating a potential upside of 37.08%. Other analysts have also adjusted their targets, with a consensus rating of "Buy" and an average price target of $311.41. Flutter operates in sports betting and gaming across multiple regions, with shares currently trading at $248.02.
Flutter Entertainment operates in sports betting and gaming across four segments: UK & Ireland, Australia, International, and the US. Analysts have given the stock a "buy" rating, with target prices ranging from $300 to $340, indicating potential upside. Recent trading saw shares drop to $261.94, with institutional investors significantly increasing their stakes.
UBS has raised its price target on Flutter Entertainment to $340 from $335 while maintaining a Buy rating. Flutter, a leading betting company in Ireland, generates 55.8% of its net sales from sports betting and 39.2% from non-sports betting, with significant revenue coming from the U.S. (37.2%) and the U.K. (23.2%).
UBS has raised its price target for Flutter Entertainment to $340, up from the previous target of $335. This adjustment reflects the firm's updated outlook on the company's performance in the market.
UBS analyst Ben Shelley has reaffirmed a Buy rating for Flutter Entertainment, maintaining a price target of $335, despite an 11% stock decline from its February high. The company reported strong guidance for U.S. operations, projecting significant revenue growth and an ambitious EBITDA target of $2.4 billion by 2027. Flutter's recent earnings surpassed expectations, driven by robust performance in its U.S. segment, particularly with FanDuel, which commands a 43% market share in gross gaming revenue.
UBS has reiterated a Buy rating for Flutter Entertainment shares, maintaining a price target of $335, despite an 11% decline from its February high. The company reported strong fourth-quarter results, with adjusted earnings per share of $2.94, significantly surpassing expectations, and projected robust growth in its US operations, particularly through FanDuel. Flutter anticipates revenue of $15.48 billion to $16.38 billion for 2025, driven by a 19.9% revenue growth over the past year and a strong market position.
Flutter Entertainment's stock price target has been raised by UBS Group from $320 to $335, indicating a potential upside of 25.77%. The company holds a "buy" rating from 17 analysts, with an average target price of $305.38. Recent institutional trading shows increased investments, reflecting confidence in Flutter's performance in the sports betting and gaming sector.
UBS has increased its price target for Flutter Entertainment's stock to $335. This adjustment reflects the firm's confidence in the company's growth potential and market position. Investors may view this as a positive signal for Flutter's future performance.
UBS has raised its price target for Flutter Entertainment from $320 to $335, maintaining a Buy rating, following strong performance in the US market, particularly with FanDuel. The company reported revenues of $6.35 billion and adjusted EBITDA of $790 million for 2024, surpassing earlier forecasts. Despite facing challenges, analysts expect Flutter to return to profitability this year, with continued growth potential into 2025.
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ubs maintains buy rating for flutter entertainment with 340 price target
07:47 20.03.2025
ubs raises flutter entertainment price target to 340 dollars with buy rating
09:33 08.03.2025
flutter entertainment stock forecast raised by analysts amid market fluctuations
17:03 07.03.2025
ubs raises flutter entertainment price target to 340 maintains buy rating
16:03 06.03.2025
UBS raises Flutter Entertainment price target to 340 from 335
13:21 06.03.2025
ubs maintains buy rating for flutter entertainment with strong guidance and growth
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07:06 05.03.2025
ubs maintains buy rating for flutter entertainment with strong us growth forecast
United States Dollar
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07:02 05.03.2025
flutter entertainment stock forecast shows potential upside amid analyst upgrades
15:36 28.01.2025
ubs increases flutter entertainment stock price target to 335
08:27 28.01.2025
ubs raises flutter entertainment price target amid strong us performance
07:20 28.01.2025
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