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Is Flutter Entertainment (FLUT) the Worst Performing Stock to Invest in on the Dip?

Flutter Entertainment plc (NYSE:FLUT) is one of the Worst Performing Stocks to Invest in on the Dip. On November 13, Truist reduced the price objective on the company’s stock to $305 from $335, but kept a “Buy” rating, as reported by The Fly. As per the analyst, the company’s Q3 2025 results were better-than-expected despite adverse sports outcomes. However, Q4 2025 guidance was lowered on outcomes.

The company remains optimistic about the prediction markets opportunity and plans to invest significantly to harness the growth. It expects an incremental EBITDA cost of $40 million – $50 million in Q4 2025, and between $200 million – $300 million in 2026.

Flutter Entertainment plc (NYSE:FLUT) saw a strong Q3 2025 performance, with average monthly players (AMPs) rising 9% and revenue increasing 17% YoY. This demonstrates the benefit of Snai and Betnacional acquisitions, along with healthy organic iGaming growth, mitigating the impact of customer-friendly sports results.

Notably, Flutter Entertainment plc (NYSE:FLUT) surrendered its Nevada gaming license to launch sports prediction contracts as part of the CME JV. However, the firm added that the management appears to be comfortable with this decision on the potentially significant total addressable market of prediction and/or more state online sports betting legalizations.

Elsewhere, on November 12, Flutter Entertainment plc (NYSE:FLUT) stated that its strategic investments, which include the launch of FanDuel Predicts and recent international acquisitions, position it well to capture new opportunities and deliver sustainable, profitable growth.

FanDuel Predicts helps in unlocking immediate growth opportunities by allowing it to provide a compelling sports product to a vast majority of the US adult population in states currently not having access to sports betting. For FY 2025, Flutter Entertainment plc (NYSE:FLUT) expects group revenue to be $16.69 billion, with adjusted EBITDA of $2.915 billion at the midpoint.

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.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.

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