Flutter Entertainment Falls as Guidance Cuts and a Recent Downgrade Weigh on Sentiment

Flutter Entertainment (FLUT) is down 4.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continuing fallout from Flutter’s lowered 2026 outlook and a recent analyst downgrade that highlighted repeated guidance cuts and a slower-than-expected FanDuel sportsbook recovery. This could also reflect investor concern that heavier spending to defend market share may keep profits under pressure for longer. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1635327/000119312526333800/d127369dex991.htm))

Details:

In its Q2 2026 results, Flutter cut midpoint full-year 2026 guidance by $395 million for revenue and by $210 million for adjusted EBITDA, while saying it was investing to strengthen FanDuel’s sportsbook momentum. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1635327/000119312526333800/d127369dex991.htm))

The same Q2 release showed revenue up 3% year over year, but adjusted EBITDA fell 45% and leverage rose to 4.3x, reinforcing worries about weaker profitability. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1635327/000119312526333800/d127369dex991.htm))

Earlier company updates pointed to softer sportsbook customer trends, including lower FanDuel average monthly players, higher churn, and market-share pressure after late-2025 betting trends disappointed expectations. ([flutter.com](https://flutter.com/media/hdshhrmb/q4-2025-earnings-release.pdf))

A downgrade issued on September 21 cited four guidance reductions during 2026 and argued the FanDuel turnaround may take longer before investors regain confidence in near-term execution. ([ca.investing.com](https://ca.investing.com/news/stock-market-news/rothschild-downgrades-flutter-stock-rating-on-guidance-cuts-93CH-4845785))

Sources:

SEC, Flutter Entertainment, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FLUT Insider Trading Activity

$FLUT insiders have traded $FLUT stock on the open market 19 times in the past 6 months. Of those trades, 3 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $FLUT stock by insiders over the last 6 months:

JEREMY PETER JACKSON (Chief Executive Officer) has made 0 purchases and 2 sales selling 3,874 shares for an estimated $369,512.
DANIEL MARK TAYLOR (President FLUT; CEO FLUT Intl) has made 2 purchases buying 2,624 shares for an estimated $251,586 and 1 sale selling 791 shares for an estimated $77,406.
DON H LIU (Chief Legal Officer) has made 0 purchases and 2 sales selling 1,824 shares for an estimated $172,848.
CAROLAN LENNON has made 1 purchase buying 520 shares for an estimated $47,995 and 1 sale selling 439 shares for an estimated $41,542.
JAMES PHILIP BISHOP (Chief Operating Officer) sold 741 shares for an estimated $72,513
ROBERT COLDRAKE (Chief Financial Officer) sold 710 shares for an estimated $69,479
JOHN A BRYANT sold 214 shares for an estimated $20,250
STEFAN ANDREAS BOMHARD sold 177 shares for an estimated $16,749
NANCY CRUICKSHANK sold 152 shares for an estimated $14,383
ROBERT R BENNETT sold 135 shares for an estimated $12,775
HOLLY K KOEPPEL sold 135 shares for an estimated $12,775
CHRISTINE M MCCARTHY sold 135 shares for an estimated $12,775
ALFRED F JR HURLEY sold 135 shares for an estimated $12,775
NANCY DUBUC sold 135 shares for an estimated $12,775

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$FLUT Hedge Fund Activity

We have seen 200 institutional investors add shares of $FLUT stock to their portfolio, and 398 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CIBC BANCORP USA INC. added 5,116,476 shares (+68.6%) to their portfolio in Q2 2026, for an estimated $522,750,352
TIGER GLOBAL MANAGEMENT LLC removed 4,003,542 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $409,041,886
PARVUS ASSET MANAGEMENT JERSEY LTD added 3,576,173 shares (+30.8%) to their portfolio in Q2 2026, for an estimated $365,377,595
CAPITAL INTERNATIONAL INVESTORS removed 3,553,062 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $363,016,344
BANK OF AMERICA CORP /DE/ added 3,006,818 shares (+141.9%) to their portfolio in Q2 2026, for an estimated $307,206,595
ILEX CAPITAL PARTNERS (UK) LLP added 2,731,952 shares (+inf%) to their portfolio in Q2 2026, for an estimated $279,123,535
SANDS CAPITAL MANAGEMENT, LLC removed 2,087,048 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $213,233,694

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FLUT Analyst Ratings

Wall Street analysts have issued reports on $FLUT in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Sell" rating on 04/16/2026

To track analyst ratings and price targets for $FLUT, check out Quiver Quantitative's $FLUT forecast page.

$FLUT Price Targets

Multiple analysts have issued price targets for $FLUT recently. We have seen 14 analysts offer price targets for $FLUT in the last 6 months, with a median target of $140.5.

Here are some recent targets:

Brandt Montour from Barclays set a target price of $151.0 on 07/09/2026
Jordan Bender from Citizens set a target price of $159.0 on 07/08/2026
Nick McKay from Freedom Broker set a target price of $105.0 on 06/23/2026
Matthew McCartney from Wedbush set a target price of $138.0 on 06/16/2026
Trey Bowers from Wells Fargo set a target price of $168.0 on 06/12/2026
Mike Hickey from Benchmark set a target price of $132.0 on 05/07/2026
Barry Jonas from Truist Securities set a target price of $130.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.