Flutter Entertainment sinks 14.7% as Q4 results and 2026 guidance disappoint

Flutter Entertainment (FLUT) is down 14.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to a quarterly earnings miss and a 2026 outlook that came in below what investors were positioned for, particularly around U.S. momentum at FanDuel. Management also highlighted weaker customer engagement carrying into early 2026 after unusually high sportsbook hold late in the NFL season, adding to concerns about near-term growth and margins.

Details:

The company posted adjusted EPS of $1.74 for Q4 2025 on revenue of $4.74 billion, both below consensus expectations cited by market coverage.

Full-year 2025 revenue was about $16.4 billion, coming in below the company’s prior revenue outlook and reinforcing worries about slowing handle growth in the U.S.

For 2026, Flutter guided to roughly $18.4 billion of group revenue and about $2.97 billion of adjusted EBITDA at the midpoint, which investors appeared to view as cautious versus prior Street models.

The company said U.S. trading into 2026 reflected lower customer engagement after very high gross revenue margins in late Q4 and less compelling NFL “player narratives,” while also planning increased investment in its prediction-markets initiative.

Sources:

GlobeNewswire, Financial Times, MarketWatch

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

$FLUT Hedge Fund Activity

We have seen 232 institutional investors add shares of $FLUT stock to their portfolio, and 426 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CIBC WORLD MARKETS CORP added 7,799,749 shares (+105989.3%) to their portfolio in Q4 2025, for an estimated $1,677,258,024
PARVUS ASSET MANAGEMENT JERSEY LTD added 5,778,238 shares (+179.6%) to their portfolio in Q4 2025, for an estimated $1,242,552,299
CAPITAL INTERNATIONAL INVESTORS added 4,782,302 shares (+146.8%) to their portfolio in Q4 2025, for an estimated $1,028,386,222
WELLINGTON MANAGEMENT GROUP LLP removed 2,356,005 shares (-66.9%) from their portfolio in Q4 2025, for an estimated $506,635,315
VIKING GLOBAL INVESTORS LP removed 2,284,905 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $580,365,870
LONE PINE CAPITAL LLC removed 1,733,336 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $372,736,573
DRAGONEER INVESTMENT GROUP, LLC removed 1,683,408 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $427,585,632

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$FLUT Analyst Ratings

Wall Street analysts have issued reports on $FLUT in the last several months. We have seen 13 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stifel issued a "Buy" rating on 01/30/2026
Citizens issued a "Market Outperform" rating on 12/11/2025
Benchmark issued a "Buy" rating on 12/01/2025
UBS issued a "Buy" rating on 11/28/2025
Citigroup issued a "Buy" rating on 11/28/2025
HSBC issued a "Buy" rating on 11/24/2025
Barclays issued a "Overweight" rating on 11/13/2025

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 19 analysts offer price targets for $FLUT in the last 6 months, with a median target of $259.0.

Here are some recent targets:

Jordan Bender from Citizens set a target price of $195.0 on 02/27/2026
Bernie McTernan from Needham set a target price of $150.0 on 02/27/2026
Clark Lampen from BTIG set a target price of $180.0 on 02/27/2026
Jed Kelly from Oppenheimer set a target price of $210.0 on 02/26/2026
Ben Shelley from UBS set a target price of $300.0 on 02/10/2026
Jason Tilchen from Canaccord Genuity set a target price of $270.0 on 02/03/2026
Jeffrey Stantial from Stifel set a target price of $259.0 on 01/30/2026

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.