
FLUT Stock Forecast & Price Target
FLUT Analyst Ratings
Bulls say
Flutter Entertainment demonstrated significant revenue growth, with a projected range for 2024 between $8.2 billion and $8.3 billion, reflecting a 6% year-over-year increase, underpinned by a strong fourth quarter where revenue reached $3.79 billion, a 14% rise from the previous year. The company's UK and Ireland operations saw a remarkable 20% revenue increase to $963 million, driven by elevated sportsbook and iGaming activities, while adjusted EBITDA surged by 17%. Additionally, the international segment experienced a 20% growth to $872 million, boosted by performance in markets such as Italy, India, and Turkey, alongside a notable increase in average monthly users, further supporting an optimistic outlook.
Bears say
Flutter Entertainment has experienced a decline in key financial metrics, notably an 8% year-over-year revenue decrease in Australia, attributed to anticipated market trends and poorer racing performance. The company has revised its Ex-US Revenue and Adjusted EBITDA estimates downward by 3% and 4%, primarily due to adverse foreign exchange impacts and challenging year-over-year comparisons. Additionally, new market entries in Missouri and Alberta are projected to impose a $40 million revenue drag and a $90 million adjusted EBITDA loss, contributing to an overall outlook of flat EBITDA for 2025.
This aggregate rating is based on analysts' research of Flutter Entertainment PLC and is not a guaranteed prediction by Public.com or investment advice.
FLUT Analyst Forecast & Price Prediction
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