FLUT Stock Summary and Trading Ideas (Flutter Entertainment PLC | NYSE:FLUT)

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the US, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2024, the company offered products in over 100 countries and had 13.9 million average monthly users. In 2024, sports betting was 56% of revenue, online gaming 40%, and fantasy sports, horse racing, and other 4%.

Flutter Entertainment PLC trades on the NYSE stock market under the symbol FLUT.

As of April 11, 2025, FLUT stock price climbed to $231.76 with 2,288,993 million shares trading.

FLUT has a beta of 1.37, meaning it tends to be more sensitive to market movements. FLUT has a correlation of 0.41 to the broad based SPY ETF.

FLUT has a market cap of $40.98 billion. This is considered a Large Cap stock.

The top ETF exchange traded funds that FLUT belongs to (by Net Assets): VXF, FDN, SCHG, VCR, ITOT.

FLUT has outperformed the market in the last year with a price return of +20.9% while the SPY ETF gained +4.5%. However, in the short term, FLUT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.8% vs -7.7% return in SPY. But in the last 2 weeks, FLUT shares have fared better than the market returning +1.3% compared to SPY -3.9%.

FLUT support price is $221.84 and resistance is $237.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLUT shares will trade within this expected range on the day.