Flutter Entertainment (FLUT) Leaves London, Is The Stock A Bargain?

Flutter Entertainment (NYSE:FLUT) has moved to concentrate its listing in the US, confirming plans to delist its ordinary shares from the London Stock Exchange and retain trading solely on the New York Stock Exchange.

See our latest analysis for Flutter Entertainment.

The LSE delisting decision lands at a time when Flutter Entertainment’s share price has been under pressure, with the stock trading at US$98.51 and a year to date share price return that has fallen 54.87%, contributing to a 1 year total shareholder return decline of 63.24%. This suggests recent news and coverage are being assessed against a weaker longer term performance backdrop.

If Flutter’s move to focus on the US has you thinking about where else growth stories could emerge, this could be a good moment to scan 20 top founder-led companies

With Flutter Entertainment trading around US$98.51 after a steep 1 year decline, a key question now is whether the current valuation already reflects the US focused story or if there is still a genuine buying opportunity that markets are not fully pricing in.

Most Popular Narrative: 39.5% Undervalued

At a last close of $98.51 versus a narrative fair value of $162.72, the most followed view on Flutter Entertainment frames a wide valuation gap that rests heavily on future earnings and margin assumptions.

Product innovation particularly in live betting and personalized betting features (e.g., “Your Way Parlay,” Same Game Parlay Live, and platform migrations across Snai and FanDuel) positions Flutter to capture greater user engagement and wallet share, supporting both revenue growth and long term margin expansion.

Read the complete narrative. Read the complete narrative.

Want to see what kind of revenue trajectory and margin lift underpin that conclusion? The narrative leans on compound growth, rising profitability, and a richer earnings mix that assumes these product shifts really scale.

Result: Fair Value of $162.72 (UNDERVALUED)

Have a read of the narrative in full and understand what’s behind the forecasts.

However, the Flutter Entertainment story could be knocked off course if regulatory changes raise tax or compliance costs, or if high net debt limits flexibility around new investments.

Find out about the key risks to this Flutter Entertainment narrative.

Next Steps

If the mixed sentiment on Flutter Entertainment leaves you uncertain, act quickly to review the underlying data and form your own stance using the 3 key rewards.

Looking for more investment ideas beyond Flutter Entertainment?

If you are weighing what Flutter Entertainment’s shift to the US listing means for your portfolio, do not stop there. Fresh opportunities could be sitting just a screener away.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]