HSBC Advises Investing in FanDuel Parent Company's Stock During Market Dip
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Source: CNBC
HSBC's Upgrade: HSBC upgraded Flutter Entertainment from hold to buy, despite lowering the price target from $265 to $228, indicating an 18% upside potential from the recent stock price.
Concerns and Risks: Analyst Joe Thomas noted that while Flutter's third-quarter results were disappointing and the company lost its Nevada license, these risks are seen as transitory and already reflected in the stock's valuation.
Market Outlook: Thomas expressed concerns about the slowing U.S. sports betting market but highlighted potential benefits from new state liberalizations, suggesting that Flutter's shares appear undervalued at current price-to-earnings ratios.
Analyst Sentiment: The majority of analysts remain optimistic about Flutter, with 22 out of 25 rating it a buy or strong buy, contributing to a slight increase in U.S.-listed shares following the upgrade.
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Analyst Views on FLUT
Wall Street analysts forecast FLUT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLUT is 296.77 USD with a low forecast of 228.00 USD and a high forecast of 381.46 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
23 Buy
3 Hold
0 Sell
Strong Buy
Current: 166.730
Low
228.00
Averages
296.77
High
381.46
Current: 166.730
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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