Tightening Valuation

Flutter Entertainment’s valuation outlook has tightened, with its fair‑value estimate dropping from $207.44 to $197.35, a 4.9 % reduction in modeled upside. Analysts remain split, as Jefferies, Barclays and Citi have lowered price targets yet keep positive ratings, while Bernstein and BofA cut targets and shift to Neutral or Market Perform. The cuts stem from decelerating revenue trends, intensifying competition in core markets, and regulatory and operational hurdles that could impact growth.