UBS cuts Flutter Entertainment stock price target on earnings outlook
UBS reduced its price target on Flutter Entertainment (FLUT) to $120 from $130, citing cautious near-term earnings outlook despite operational improvements. The stock is down 62% year-to-date. Analysts note slowing iGaming growth and mixed Q3 2026 results, with EBITDA missing estimates. International business remains solid, with expected EBITDA growth of 5% to 10% for fiscal 2027. Analysts have mixed reactions to recent performance and future prospects.
How this was made
The 30-second read
Why it matters
Analyst downgrades may drive the stock lower despite some bullish views.
Market read
The consensus downgrade reflects weaker earnings outlook for FLUT, likely pressuring the stock.
What to watch
Potential upside from payment‑method innovations and deleveraging could offset short‑term earnings miss.
Background
Flutter Entertainment reported Q3 2026 EBITDA below consensus, prompting analyst target revisions.
Ticker impact
UBS and other analysts cut FLUT price targets after its Q3 2026 results missed estimates.
likely pressure as the market prices in lower earnings expectations.
Multiple analysts reduced targets and cited weaker EBITDA and cash flow outlook.
Market effects
U.S. online sports betting sector may face broader earnings scrutiny.
European gambling markets could see similar analyst pressure.
Limited to FLUT and its peers in the gambling industry.
Counterpoint
Needham maintained a Buy rating, seeing upside in U.S. adjusted EBITDA revisions.
Key entities
- AnalystUBS
Reduced FLUT target to $120.
- AnalystCitizens
Lowered target to $116.
- AnalystStifel
Reduced target to $124.



