Flutter Entertainment stock declines amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
0mins
Source: NASDAQ.COM
Flutter Entertainment PLC's stock fell by 3.73% today, hitting a 20-day low. This decline occurs despite the Nasdaq-100 rising by 0.43% and the S&P 500 gaining 0.14%, indicating a potential sector rotation.
The drop in Flutter's stock price is attributed to a weakening market confidence, as reflected in the Zacks Consensus Estimate, which has decreased from $2.72 to $2.06 per share over the past 60 days. This shift in analyst expectations, with two analysts revising their estimates downward, suggests challenges for the company in a competitive gaming market.
Investors may need to reassess their positions in Flutter Entertainment as the company faces increased scrutiny and potential volatility, especially with the high implied volatility in its options market indicating anticipated significant price movements.
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Analyst Views on FLUT
Wall Street analysts forecast FLUT stock price to rise
26 Analyst Rating
23 Buy
3 Hold
0 Sell
Strong Buy
Current: 97.120
Low
228.00
Averages
296.77
High
381.46
Current: 97.120
Low
228.00
Averages
296.77
High
381.46
About FLUT
Flutter Entertainment plc is an online sports betting and iGaming operator. Its segments include the United States (U.S.), United Kingdom and Ireland (UKI), Australia and International. The U.S. segment offers sports betting, casino, DFS and horse racing wagering products to players across various states in the United States, mainly online but with sports betting services also provided through retail outlets and certain online products in the province of Ontario in Canada. The UKI segment offers sports betting (sportsbook), iGaming products and other products through its Sky Betting & Gaming, Paddy Power, Betfair and tombola brands. Its Australia segment offers online sports betting products through its Sportsbet brand. The International segment includes its operations in 100 global markets and offers sports betting, casino, poker, rummy and lottery, mainly online. This segment includes Sisal, PokerStars, Snai, Betfair International, Adjarabet, MaxBet, Betnacional, and other brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Recovery Timeline: In an update at 9:51 a.m. ET on Friday, AWS stated that full recovery is still expected to take several hours, indicating that the outage's impact on users is ongoing and could lead to a decline in customer trust.
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