FLUT Price Prediction Next Week
Analysis and Insights
Technical Analysis:
The stock price of Flutter Entertainment (FLUT) is currently showing signs of volatility, with recent price movements indicating potential bearish momentum. The Relative Strength Index (RSI) for FLUT is at 26.16 (6-day), 35.25 (12-day), and 36.92 (14-day), suggesting that the stock is in oversold territory and may be due for a rebound. The MACD indicator is currently at -2.42, indicating bearish momentum, but the MACD histogram is positive at 0.86, suggesting a potential weakening of the downward trend.
News Sentiment and Analyst Ratings:
Recent news indicates that analysts have raised their price targets for FLUT, citing strong performance in the sports betting and iGaming market, particularly with the success of FanDuel. Despite challenges in the U.S. business, the company's strong balance sheet and ongoing acquisitions are expected to enhance earnings potential.
Price Prediction and Recommendation:
Based on the technical indicators and news sentiment, the stock is expected to trade in the range of $240 to $250 in the next trading week. The current price of $246.48 suggests that the stock may test the lower end of this range before potentially rebounding.
It is recommended to sell if the stock approaches the upper end of the range ($250) and buy if it tests the lower end ($240), as the oversold conditions may lead to a short-term rebound.
FLUT Similar Chart Price Prediction
The price of FLUT is predicted to go up -6.14%, based on the high correlation periods with DKNG. The similarity of these two price pattern on the periods is 94.08%.
FLUT
DKNG
Down: -6.14%Similarity: 94.08%
FLUT Revenue Forecast
FLUT EPS Forecast
FLUT FAQs
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FLUT Analyst's Forecast
Ben Shelley
UBS
Strong Buy
2025-03-06
Price Target
$335 → $340
Upside
+32.19%
UBS raised the firm's price target on Flutter Entertainment to $340 from $335 and keeps a Buy rating on the shares. The firm sees a predisposition for over delivery via iGaming revenues, net win margin and gross margin, and sees underlying gross margin expansion should materializing via the lapping of unfavorable sports results, operational leverage and greater payment processing efficiencies, which is not baked into current guidance, the analyst tells investors in a research note.
Joseph Stauff
Susquehanna
Buy
2025-03-05
Price Target
$317 → $315
Upside
+16.68%
Jordan Bender
Citizens Capital Markets
Buy
2025-03-05
Price Target
$311 → $328
Upside
+21.49%
