Flutter Leisure (NYSE:FLUT) is among the greatest upside shares to purchase now. On November 28, Citi analyst Ben Shelley lowered the agency’s worth goal on Flutter Leisure to $320 from $340 with a Purchase score on the shares. This sentiment was introduced as Citi acknowledged that the uncertainty surrounding a possible UK tax improve acted as a big overhang on Flutter’s fairness for nearly 4 months. Though the precise UK tax hike is extra substantial than initially anticipated, Shelley believes that this era of uncertainty has now been alleviated for Flutter, permitting the deal with the corporate’s future to maneuver on.
Earlier this month, Flutter Leisure reported its Q3 2025 earnings, the place the corporate reported making $3.79 billion in quarterly income, which was a 16.84% year-over-year improve and likewise surpassed steering by $12.75 million. On the identical time, the corporate additionally earned $1.64 per share, which crossed Road estimates by $1.14.
Nonetheless, income progress was uneven throughout the corporate’s segments. Worldwide income grew by 21% year-over-year, with acquisitions contributing 18 proportion factors to this improve, alongside robust natural progress in markets like Turkey and Italy. US income elevated by 9%, although this was a blended outcome: iGaming income soared 44%, however this was offset by a 5% decline in sportsbook income. The decline in sportsbook income was largely as a result of customer-friendly sports activities outcomes and heightened aggressive generosity from rivals at first of the NFL season.
Flutter Leisure (NYSE:FLUT) operates as a sports activities betting and gaming firm within the US, the UK, Eire, Australia, Italy, and internationally.
Whereas we acknowledge the potential of FLUT as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back threat. In the event you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.
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Disclosure: None. This text is initially revealed at Insider Monkey.
