Citizens cuts Flutter target to USD 129.00 for Flutter stock

Published on 10/18/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citizens cut Flutter stock target to USD 129.00 on October 13, 2026. Q2 revenue rose 3.30 percent to USD 4.326 billion as adjusted EBITDA fell 45.00 percent.

Guidance, results and trading date

Citizens cut Flutter's target to USD 129.00 on October 13, 2026.
Second-quarter revenue rose 3.30 percent to USD 4.326 billion, while adjusted EBITDA fell 45.00 percent.
Flutter stock closed at EUR 67.25 on October 16, 2026.

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Flutter Entertainment (IE00BWT6H894) faced a lower analyst valuation after Citizens cut its price target from USD 145.00 to USD 129.00 on October 13, 2026, while keeping a Market Outperform rating, according to Investing.com. The change puts unfavorable game outcomes and Brazil exposure at the center of the current debate.

Why did Citizens cut the target?

Citizens said adverse game outcomes could weigh on operators exposed to the United States and United Kingdom. The firm removed Brazil revenue and EBITDA from its estimates, while better-than-expected betting handle could partly offset the hold-related pressure, Investing.com reported on October 13, 2026.

The fundamental backdrop is mixed. Flutter reported USD 4.326 billion of revenue in the second quarter of 2026, up 3.30 percent year over year, while consolidated net income was a loss of USD 296.00 million, according to the company's investor materials and financial statements dated August 5, 2026. The quarterly revenue figure rose from USD 4.304 billion in the first quarter of 2026, a USD 22.00 million increase.

Three dated signals for Flutter

On August 5, 2026, Flutter reported second-quarter revenue of USD 4.326 billion. On October 13, 2026, Citizens cut its target from USD 145.00 to USD 129.00. On October 16, 2026, a market analysis placed fair value at USD 132.56, down from USD 136.12, according to Yahoo Finance.

When are the next results?

Flutter's investor page lists November 4, 2026 for its Q3 earnings spotlight, while MarketBeat lists November 11, 2026 as the estimated announcement date. The company therefore enters the next reporting cycle with a lower analyst target, weaker quarterly earnings quality and a specific calendar marker for renewed scrutiny.

Trading reference for investors

Flutter's last available Xetra price was EUR 67.25 on October 16, 2026. The figure is a dated closing reference rather than a current Sunday quotation.

The further course of trading is shown by the continuously updated real-time quote of Flutter stock.