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.
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.
While we acknowledge the potential of FLUT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.
Disclosure: None. Follow Insider Monkey on Google News.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source finance.yahoo.com ’
