Flutter Entertainment PLC (NYSE:FLUT) on Thursday reported worse-than-expected fourth-quarter financial results and issued weak FY26 revenue guidance.
Flutter reported fourth-quarter revenue of $4.74 billion, up 25% year-over-year. The revenue missed a Street consensus estimate of $4.97 billion, according to data from Benzinga Pro. The company reported quarterly earnings per share of $1.74, missing a Street consensus estimate of $1.99.
“Flutter delivered strong 2025 results. Our unparalleled global scale and ongoing product innovation helped us reach almost 40 million customers across our portfolio of market-leading, local hero brands during the year,” Flutter CEO Peter Jackson said.
Flutter sees fiscal 2026 revenue totaling $18.4 billion, up 12% year-over-year. The revenue guidance is split as $7.8 billion for the U.S. segment and $10.6 billion for the International segment, up 12% and 13%, respectively, year-over-year.
Flutter Entertainment shares dipped 14.8% to $104.84 in pre-market trading.
These analysts made changes to their price targets on Flutter Entertainment following earnings announcement.
- BTIG analyst Clark Lampen maintained Flutter Entertainment with a Buy and lowered the price target from $230 to $180.
- Needham analyst Bernie McTernan maintained the stock with a Buy and cut the price target from $300 to $150.
Considering buying FLUT stock? Here’s what analysts think:
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