Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $263.00 | Overweight | Barclays |
8/22/2024 | $247.00 | Overweight | Morgan Stanley |
6/4/2024 | $240.00 | Outperform | Oppenheimer |
5/6/2024 | $240.00 | Buy | MoffettNathanson |
4/4/2024 | $210.00 | Equal Weight | Wells Fargo |
2/27/2024 | Equal Weight → Overweight | Barclays |
NEW YORK / ACCESSWIRE / September 13, 2024 / Flutter Entertainment (NYSE:FLUT)(LSE:FLTR) ("Flutter"), the world's leading online sports betting and iGaming operator today announces the acquisition of an initial 56% stake in NSX Group ("NSX"), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m 1 .The transaction fully aligns withFlutter'sstrategy to invest in leadership positions in international markets, securing a podium position for Flutter on completion in the regulating and fast-growing Brazilian market. NSX is the number 4 operator in Brazil 2 , with a portfolio of brands which include the flagship Betnacional brand. On a standalone basis
DUBLIN & TORONTO / ACCESSWIRE / August 13, 2024 / Flutter Entertainment (NYSE:FLUT)(LSE:FLTR), the world's leading online sports betting and iGaming operator, announces Q2 2024 results and raises fiscal year 2024 guidance following material Q2 outperformance relative to expectations. Key financial highlights: Three months ended June 30 In $ millions except percentages and average monthly players 2024 2023 YOY Average monthly players (AMPs) ('000s)1 14,344 12,222 +17%Revenue 3,611 3,001 +20%Net income 297 64 +364%Net income margin 8.2% 2.1% +610bps Adjusted EBITDA2,3 738 633 +17%Adjusted EBITDA margin2 20.4% 21.1% (70)bps Diluted earnings per share ($) 1
Flutter Entertainment to Report Second Quarter 2024 Financial Results and Host a Conference Call on August 13, 2024 DUBLIN, IRELAND / ACCESSWIRE / July 30, 2024 / Flutter Entertainment plc ("Flutter") (NYSE:FLUT)(LSE:FLTR), the leading online sports betting and iGaming operator, today announced that it will release its second quarter 2024 financial results after market close on Tuesday, August 13, 2024 at 16:05 ET (21:05 BST). The earnings release and supplementary materials will be available through the "Investors" section of the Flutter website at www.flutter.com.Flutter management will host a conference call on August 13, 2024 at 16:30 ET (21:30 BST) to review the results and be available
An analyst says sports betting company DraftKings Inc (NASDAQ:DKNG) could have a challenging second quarter report, but remains optimistic ahead of the 2024 NFL season. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley reiterated a Buy rating on DraftKings and lowered the price target from $54 to $50. Read Also: College Football Championship Betting Odds: Can New EA Sports Video Game Predict A Winner? The Analyst Takeaways: Near-term pressure and a potential second-quarter earnings miss could prove difficult for DraftKings, Kelley said. The analyst lowers Q2 EBITDA estimates to $130 million, compared to guidance of $150 million from the company. "We think a 2Q mi
Wells Fargo analyst Daniel Politzer maintains Flutter Entertainment (NYSE:FLUT) with a Equal-Weight and raises the price target from $212 to $218.
Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting operator Penn Entertainment (NASDAQ:PENN), a new bidder has emerged. What Happened: FanDuel’s parent company, Flutter Entertainment (NYSE:FLUT), is considering teaming up with Boyd on a bid for Penn, according to TheDeal.com, citing unnamed sources. Boyd would reportedly acquire the brick-and-mortar casino business from Penn; Flutter would get the digital arm that currently includes the ESPN Bet sportsbook and other assets. After previously launching its sportsbook with Barstool Sports as Barstool Sportsbook, Penn sold the brand back to founder Dave Portnoy. It also ann
Barclays initiated coverage of Flutter Entertainment with a rating of Overweight and set a new price target of $263.00
Morgan Stanley initiated coverage of Flutter Entertainment with a rating of Overweight and set a new price target of $247.00
Oppenheimer initiated coverage of Flutter Entertainment with a rating of Outperform and set a new price target of $240.00
DUBLIN, IRELAND AND TORONTO, ON / ACCESSWIRE / September 13, 2024 / Flutter Entertainment plc ("Flutter") (NYSE:FLUT)(LSE:FLTR), the leading online sports betting and iGaming operator, today announced that it will host an Investor Day event on Wednesday, September 25, 2024 at 13:00 ET (18:00 BST). This hybrid event will take place at Cipriani, 25 Broadway, New York, and will feature a presentation by management showcasing the future growth potential for the Flutter Group and the capital allocation opportunities that will unlock. Management will also be available to address questions following the presentation.The presentation and Q&A will be livestreamed for those unable to attend in person.
NEW YORK / ACCESSWIRE / September 13, 2024 / Flutter Entertainment (NYSE:FLUT)(LSE:FLTR) ("Flutter"), the world's leading online sports betting and iGaming operator today announces the acquisition of an initial 56% stake in NSX Group ("NSX"), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m 1 .The transaction fully aligns withFlutter'sstrategy to invest in leadership positions in international markets, securing a podium position for Flutter on completion in the regulating and fast-growing Brazilian market. NSX is the number 4 operator in Brazil 2 , with a portfolio of brands which include the flagship Betnacional brand. On a standalone basis
FanDuel Casino makes one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Today, FanDuel Casino, announced that it has officially made one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino Limongelli, 62 years old, is officially a millionaire, after winning FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino will be awarded the $1,000,000 grand prize from FanDuel Casino. "With over 100,000 customers in the running for the grand prize, we are so excited to
New appointments bring deep entertainment industry experience to Flutter's Board of Directors Flutter Entertainment ("Flutter") (NYSE:FLUT, LSE: FLTR))), the world's leading online sports betting and iGaming operator of brands including FanDuel, announced the appointment of Christine M. McCarthy and Robert R. ("Dob") Bennett to the Board of Directors, effective July 30, 2024. Ms. McCarthy will sit on the Audit Committee and Mr. Bennett will serve as a member of the Risk and Sustainability Committee. "Christine and Dob's extensive experience in the entertainment industry will be an invaluable asset to Flutter as we continue to extend our leading position as a global online sports betting
8-K - Flutter Entertainment plc (0001635327) (Filer)
8-K - Flutter Entertainment plc (0001635327) (Filer)
8-K - Flutter Entertainment plc (0001635327) (Filer)