Flutter Entertainment (NYSE:FLUT) is one of the best upside stocks to invest in right now. On February 10, UBS lowered its price target on Flutter Entertainment to $300 from $320 while keeping a Buy rating. This announcement was made as the firm noted that the company’s equity story is under pressure due to a sharper growth slowdown in US online sports betting data. This trend led the firm to cut its 2026 and 2027 forecasts to slightly below consensus. Despite Flutter’s leading global position and strong ...

Flutter Entertainment plc (NYSE:FLUT) is one of the 11 Best Beaten Down Growth Stocks to Buy Now. Canaccord cut its target price on Flutter Entertainment by 10% on February 3 to $270 (from $300). Despite the TP reduction, it retained its Buy rating on FLUT’s shares. The firm noted that investor sentiment on digital gambling stocks soured in January, due to state reports showing slowing growth in handles (total $ bets) in December (which likely worsened in January), leading to a selloff. Canaccord, however ...

Flutter Entertainment branding over a casino-style sportsbook setting with betting screens and a tablet showing an online wagering interface. Key Points Shares of Flutter have slid more than 50% from last summer’s highs, erasing three years of gains. Structural concerns remain, but the stock’s technicals are now deeply oversold and near long-term support. Bullish analysts argue the selloff has gone too far relative to the company’s long-term opportunity, with some calling for as much as 50% upside.  I ...

Industry Overview - The sports betting industry in the United States is preparing for a record-breaking Super Bowl, with an expected handle of $1.7 billion in wagers on legal licensed sports books [1] - FanDuel is identified as the market leader in this sector [1] Company Insights - FanDuel's CEO, Amy, highlighted that their prediction platform serves as a complementary offering to their daily fantasy sports product, especially in states where sports betting is not yet legalized, such as California [2] - The company does not anticipate significant cannibalization of their offerings in legalized states, as they provide a wide range of betting options, including live betting and social betting [3] Regulatory Environment - The NFL is cautious about the impact of prediction markets on game integrity and is willing to wait and observe the situation [4][11] - There is a significant concern regarding potential regulatory crackdowns due to past betting scandals in other leagues, which could affect the industry's growth [5] - A $675 billion black market exists for sports betting, indicating a substantial amount of unregulated activity [6] Market Dynamics - The industry is facing backlash against prediction markets, with calls for regulation from former governors, emphasizing the need for oversight to ensure revenue generation and responsible marketing [9] - Some companies, like Khi, are taking steps towards transparency by forming independent committees to address insider trading concerns [10] Tax Implications - Companies in states like New York are subject to high tax rates (51%), which could impact their profitability compared to prediction platforms that do not incur such taxes [13]

Core Viewpoint - Flutter is recognized as one of the largest online gambling operators globally, with significant market shares in both sports betting and iGaming across established markets and emerging regulated markets [1] Group 1: Market Position - Flutter holds leading positions in mature markets such as the UK, Ireland, Australia, and Italy [1] - The company is also expanding its presence in faster-growing regulated markets, notably the United States and Brazil [1] Group 2: Growth Potential - The US market represents a significant opportunity for Flutter, indicating potential for future growth [1]

Core Viewpoint - Flutter Entertainment plc (NYSE:FLUT) is identified as a promising investment opportunity despite recent adjustments in price targets by analysts, reflecting a bullish sentiment from Wall Street with significant upside potential [1][3]. Group 1: Analyst Ratings and Price Targets - Jed Kelly from Oppenheimer reiterated a Buy rating on Flutter Entertainment but lowered the price target from $320 to $280 [1]. - Jordan Bender from Citizens JPM also maintained a Buy rating while reducing the price target from $313 to $275 [1]. Group 2: Performance Insights - Analysts at Citizens noted that the reduced price target is based on the company's performance in December 2025, which was deemed disappointing despite a history of strong operations [2]. - The company reported decent gaming margins in November and December 2025, but these did not compensate for poor results in October [2]. - The same store's handle in December fell to low double digits, indicating a decline in performance [2]. Group 3: Market Sentiment - Overall, Wall Street maintains a bullish sentiment on Flutter Entertainment, with analysts projecting a 12-month price target that suggests more than 67% upside from the current level [3]. - Flutter operates as a leading online sports betting and iGaming company, with a global customer base through brands like Paddy Power, Betfair, PokerStars, and Sportsbet [3].

Group 1 - Shares of online betting companies DraftKings and Flutter Entertainment (parent company of FanDuel) fell after receiving price target cuts from Stifel, with DraftKings' target reduced to 44 [1] - Competitor Rush Street Interactive initially rallied in the market but eventually reversed to a loss [1] - Analysts remain optimistic about the digital gaming industry, expecting strong profit growth this year [1] Group 2 - DraftKings has formally launched prediction markets, which may impact its revenue margins [1] - The prediction market strategy of FanDuel is aimed at competing with rivals Polymarket and Kalshi [1] - The downgrade of DraftKings and Flutter is attributed to the potential margin erosion from prediction markets [1]

Core Viewpoint - Barclays has updated its rating for Flutter Entertainment Plc to "Overweight," reflecting confidence in the company's future growth despite a lowered price target from 229 GBP to 221 GBP [1][6]. Company Performance - Flutter's current stock price is $167.08, showing a slight increase of 0.21% or $0.35, with a trading range today between $166.22 and $169.10 [4]. - Over the past year, Flutter's stock reached a high of $313.69 and a low of $166.22, with a market capitalization of approximately $29.28 billion and a trading volume of 1,409,903 shares today [4]. Industry Insights - The gaming sector is increasingly focusing on online sports betting as it enters 2026, with analysts expressing optimism about long-term benefits for Las Vegas locals and regional properties despite softer trends in traditional casinos [3]. - The decline in gaming stocks, with U.S. operators down 4% and digital gaming stocks falling 23%, contrasts with Barclays' "Overweight" rating for Flutter, indicating resilience in the company [5][6]. Future Growth Potential - Prediction markets are seen as a potential benefit for sports betting companies like Flutter, which could enhance their market position and financial performance [2][6]. - Analysts like Bernie McTernan and Shaun C. Kelley support the positive outlook for Flutter, suggesting that the focus on online sports betting and prediction markets could drive future growth [2][5].

Core Insights - The competition between prediction markets and sports betting companies is evolving, with potential shifts in market share and new user acquisition opportunities [1][2] - Sportsbooks are adapting by developing prediction-style products to remain competitive in the changing landscape [3] Industry Dynamics - Major players like DraftKings and Flutter are launching prediction-style products, indicating that the industry is evolving rather than being displaced [3] - Sportsbooks maintain advantages in product depth, user experience, media reach, and regulatory positioning [3] Regulatory Environment - Regulation is a critical factor affecting the growth of prediction markets, with some states attempting to restrict their operations while allowing legal online sportsbooks to continue [3][5] - The treatment of prediction markets in relation to traditional sportsbooks will significantly influence market dynamics [5] Market Performance - DraftKings and Flutter stocks have seen declines of 26% and 34% respectively over the past 52 weeks, highlighting current market challenges [5] - The BETZ ETF includes DraftKings and Flutter as significant holdings, comprising 8.7% and 6.4% of assets respectively [5] Future Outlook - The year 2026 is anticipated to be a consolidation period for operators, focusing on profitability and potential restructuring of partnerships and mergers [5] - The pace of legalization in new states is steady, suggesting a measured approach to market expansion [5]

Core Insights - The legalization of sports betting in the U.S. has led to significant market growth, with over $150 billion wagered in 2025, but profitability remains a challenge for many operators [1] Company Summaries 1. DraftKings - DraftKings is the closest to achieving profitability in the digital sports betting space, posting $0.16 in annual EPS in 2025, marking its first year of profitability after five years of losses [12] - Revenue reached $5.46 billion, with quarterly earnings growth of 185% year-over-year, indicating strong operational performance [12] - The stock has seen a 26% decline over the past year, but analysts project a fair value of $45, suggesting a 47% upside if the company can maintain its profitability [13][14] 2. Flutter Entertainment - Flutter Entertainment, the parent company of FanDuel, is the largest operator in the group with a market cap of $30.6 billion and revenue of $15.4 billion [10] - The company reported $3.82 in annual EPS for 2025, down 37% from the previous year, but remains profitable [10] - Analysts see a fair value of $285 for the stock, implying a 63% upside, supported by its global diversification and established profitability [11] 3. Caesars Entertainment - Caesars operates over 50 casino properties and runs Caesars Sportsbook, but reported an annual EPS of -$0.95 in 2025, despite an improvement from -$1.26 in 2024 [7] - The stock has dropped 35% over the past year, trading at $22.37, with analysts maintaining a target of $32, indicating a potential 43% upside if the company can stabilize its digital losses [8] 4. MGM Resorts - MGM Resorts is the only company on the list with a positive one-year performance, up 3.7%, generating $17.3 billion in revenue [5] - The profit margin is low at 0.4%, and earnings fell 70% year-over-year in Q3 2025, indicating operational stress [6] - The stock trades near its 200-day moving average at $34.10, with a modest upside to the $42 analyst target [6] 5. Penn Entertainment - Penn Entertainment reported an annual loss of -$0.59 in 2025, an improvement from -$1.62 in 2024, but remains unprofitable [3] - The stock trades at 0.3x sales and below book value, suggesting market skepticism regarding its ESPN partnership [4] - Analysts have set a target of $19 for the stock, implying a 33% upside, but the company needs to demonstrate its ability to convert ESPN's reach into profitable customer acquisition [4]