Flutter Entertainment (FLUT) Is One Of The Best Dip Stocks To Buy According To Billionaires

With billionaire investments in the stock totaling $1.89 billion, Flutter Entertainment plc (NYSE:FLUT) earns a spot on our list of the best dip stocks according to billionaires.

Flutter Entertainment (FLUT) Is One Of The Best Dip Stocks To Buy According To Billionaires

Source: Flutter Entertainment

As of April 22, 2026, Flutter Entertainment plc (NYSE:FLUT) has the confidence of 80% of covering analysts, who remain bullish on the stock. Despite the 50.56% one-year decline, the stock has 57.76% upside potential.

Truist revisited the stock on April 21, 2026, reducing its price target on Flutter Entertainment plc (NYSE:FLUT) from $160 to $140 and reiterating a “Buy” rating.

That price action reflects the firm’s cautious stance on the near-term setup for gambling and online sports betting stocks ahead of Q1 earnings. As far as Flutter Entertainment plc (NYSE:FLUT) is concerned, the firm said Flutter’s online sports betting and iGaming are facing concerns, including competitive pressure tied to prediction-market concerns.

In the fourth quarter of 2025, U.S. revenue grew 33% to $2.141 billion, with adjusted EBITDA jumping 90% to $310 million. As of Q4 2025, FanDuel held 41% U.S. sportsbook GGR share and 28% iGaming GGR share.

The month of March saw FanDuel carrying that momentum through.

On March 20, 2026, Flutter Entertainment plc (NYSE:FLUT) announced the launch of FanDuel in Arkansas through a new Oaklawn Sports partnership. The move extended FanDuel’s sportsbook reach with live betting, parlays, and in-game wagering in another state.

A week later, FanDuel introduced new MLB betting features to drive sportsbook user engagement during the baseball season. The update added Daily Dinger, new home-run and exit-velocity markets, futures same-game parlays, and expanded in-game tools.

Flutter Entertainment plc (NYSE:FLUT) is involved in the business of online betting and gaming. The company’s operations are divided into the following segments: UK and Ireland, Australia, International, and the US.

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