Deutsche Bank cuts Flutter stock target to USD 141
Published on 10/06/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Flutter Entertainment (ISIN IE00BWT6H894) was trading at EUR 68.00 at Lang & Schwarz on October 6, 2026 at 10:17 a.m. CEST, up 0.37 percent from the prior close of EUR 67.75. Deutsche Bank lowered its Flutter price target from USD 148 to USD 141 on October 1, 2026 while retaining a buy rating, according to Yahoo Finance.
Brazil adds a quantified risk
Flutter ceased sports betting and iGaming operations in Brazil after a provisional government measure dated September 25, 2026 banned online betting and gaming. The company said in its September 28, 2026 release that it was reviewing options, including a possible appeal, according to Flutter Entertainment.
If the Brazilian business cannot operate through the rest of 2026, Flutter expects revenue to fall by USD 70 million and adjusted EBITDA by USD 20 million. Reuters reported on September 28, 2026 that the measure requires congressional approval or amendment within 120 days to remain in force.
Q2 revenue sets the scale
Flutter generated USD 4.326 billion of revenue in the second quarter of 2026, according to the company filing summarized by StockTitan. The potential USD 70 million Brazil revenue hit equals 1.62 percent of that quarterly revenue, using the two reported figures as a scale reference rather than a full-year forecast.
The company is scheduled to report third-quarter 2026 results on November 4, 2026, according to its investor calendar. The next report will show whether the Brazil disruption is isolated or begins to affect broader international operating trends.
Euro quote stays near prior close
Flutter's market capitalization was USD 13.1 billion on October 5, 2026, while its NYSE 52-week range was USD 74.45 to USD 252.34. The primary listing is the New York Stock Exchange, where the ticker is FLUT and the quotation currency is USD.
At Lang & Schwarz, Flutter stock was trading at EUR 68.00 on October 6, 2026 at 10:17 a.m. CEST, plus 0.37 percent versus the Lang & Schwarz prior close of EUR 67.75. The further course of trading is shown by the continuously updated real-time quote of Flutter stock.
Flutter Entertainment stock facts
- Company: Flutter Entertainment plc
- ISIN: IE00BWT6H894
- Ticker: FLUT
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 6, 2026, 10:17 a.m. CEST): EUR 68.00
- Change versus prior close: plus 0.37 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 67.75
- Market capitalization: USD 13.1 billion (as of October 5, 2026)
- 52-week range: USD 74.45-252.34 (as of October 5, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts & Casinos
