J.P. Morgan analyst Estelle Weingrod maintains $Flutter Entertainment (FLUT.US)$ with a buy rating, and adjusts the target price from $291.56 to $287.64.
According to TipRanks data, the analyst has a success rate of 44.3% and a total average return of -3.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Flutter Entertainment (FLUT.US)$'s main analysts recently are as follows:
The medium-term guidance for Flutter Entertainment indicates that its competitive advantage, referred to as the 'Flutter Edge,' remains robust and may even be expanding. It's believed that the company's U.S. business has a sustainable competitive moat that is expected to strengthen with the introduction of new product features, as well as advancements in scale, data, and artificial intelligence.
Following an optimistic Investor Day, where management laid out a 2027 U.S. segment EBITDA target, a trajectory to reach a 16% U.S. structural hold, and a significant buyback plan, the outlook for Flutter Entertainment has been reinforced, supporting the view of it as a 'Core Holding'. The 2025 U.S. segment guidance suggests 40%-45% incremental margins, indicative of a well-reasoned U.S. market, albeit with flexibility to augment spend should customer acquisition costs relative to lifetime value become more favorable.
Note:
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