{"id":2469253,"date":"2026-06-21T11:41:51","date_gmt":"2026-06-21T11:41:51","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2469253"},"modified":"2026-06-21T11:41:51","modified_gmt":"2026-06-21T11:41:51","slug":"wedbush-initiates-coverage-on-flutter-entertainment-flut-stock-with-outperform-rating","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/wedbush-initiates-coverage-on-flutter-entertainment-flut-stock-with-outperform-rating\/","title":{"rendered":"Wedbush Initiates Coverage on Flutter Entertainment (FLUT) Stock with Outperform Rating"},"content":{"rendered":"

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Flutter Entertainment plc\u00a0(NYSE:FLUT<\/a>) is one of the Stocks with Potential to Explode in 2026.<\/strong><\/a> On June 17, Wedbush initiated coverage on\u00a0the company\u2019s stock with an \u201cOutperform\u201d rating and a price objective of $138.00. As per the analyst, the company is the world\u2019s largest online sports betting and internet gaming operator and has exposure to the most attractive markets, led by FanDuel.<\/p>\n

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Wedbush Initiates Coverage on Flutter Entertainment (FLUT) Stock with Outperform Rating <\/figcaption><\/figure>\n

Furthermore, the firm noted that the company\u2019s stock has declined by ~50% over the previous 6 months as a result of the US growth scare stemming from prediction markets and share losses to other sportsbooks.<\/p>\n

As per the firm, Flutter Entertainment plc\u00a0(NYSE:FLUT)\u2019s current valuation levels remain overweight bearish outcomes. These valuation levels demonstrate the large disconnect from the consensus estimates. Also, they do not adequately consider the upside opportunity from the company\u2019s own prediction market offering, as well as the probability of a rebound in H2 in the relative US performance. At the present levels, the execution on just one of such points can result in share appreciation over the upcoming months, added Wedbush.<\/p>\n

Flutter Entertainment plc\u00a0(NYSE:FLUT) is a sports betting and gaming company.<\/p>\n

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<\/b><\/a>.<\/p>\n

READ NEXT:\u00a010 Best FMCG Stocks to Invest In According to Analysts<\/a><\/strong>\u00a0and\u00a011 Best Long-Term Tech Stocks to Buy According to Analysts<\/a><\/strong>.<\/p>\n

Disclosure: None.\u00a0Follow Insider Monkey on Google News<\/b><\/a>.<\/p>\n<\/p><\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source finance.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Flutter Entertainment plc\u00a0(NYSE:FLUT) is one of the Stocks with Potential to Explode in 2026. On June 17, Wedbush initiated coverage on\u00a0the company\u2019s stock with an \u201cOutperform\u201d rating and a price objective of $138.00. As per the analyst, the company is the world\u2019s largest online sports betting and internet gaming operator and has exposure to the […]<\/p>\n","protected":false},"author":2,"featured_media":2469254,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[313496,402628,485781,485780],"class_list":["post-2469253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-flutter-entertainment","tag-online-sports-betting","tag-valuation-levels","tag-wedbush"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/06\/Wedbush-Initiates-Coverage-on-Flutter-Entertainment-FLUT-Stock-with-Outperform.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2469253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2469253"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2469253\/revisions"}],"predecessor-version":[{"id":2469255,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2469253\/revisions\/2469255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2469254"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2469253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2469253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2469253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}