Citizens Reaffirms “Market Outperform” Rating on Flutter Entertainment plc (FLUT) with $340 Price Target

Third Point Management holds $305,763,200 worth of Flutter Entertainment plc (NYSE:FLUT) shares, representing 4.01% of its portfolio. The stock is included in our list of Billionaire Dan Loeb’s 10 Stocks with Huge Upside Potential.

Citizens Reaffirms “Market Outperform” Rating on Flutter Entertainment plc (FLUT) with $340 Price Target

On October 6, 2025, an analyst at Citizens reaffirmed his “Market Outperform” rating on Flutter Entertainment plc (NYSE:FLUT), setting a $340 price target.

The analyst’s bullish stance reflects the company’s continued momentum in its U.S. sportsbook operations, having posted 15.6% revenue growth over the past twelve months. General consensus among analysts remains a “Strong Buy” for Flutter Entertainment plc (NYSE:FLUT), as its FanDuel platform continues to capture share in the expanding U.S. sports betting market. The analyst, after comparing NFL Week 5 odds across FanDuel, DraftKings, and Kalshi, concluded that Kalshi’s pricing remained less competitive after accounting for transaction fees. This reinforced FanDuel’s pricing efficiency and consumer advantage, the Citizens analyst noted.

Flutter Entertainment plc (NYSE:FLUT), a global online sports betting and gaming company, operates FanDuel, PokerStars, Paddy Power, and Betfair brands across the U.S., Europe, and Australia. It is included in Dan Loeb’s stock portfolio.

While we acknowledge the potential of FLUT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FLUT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.