Flutter Entertainment (NYSE:FLUT): Valuation Check After UK Gaming Tax Hikes and Mitigation Plan Unveiling

Flutter Entertainment (NYSE:FLUT) is back in focus after the UK Budget outlined steep gaming tax hikes that reshape one of its core markets, prompting management to roll out a two phase mitigation plan.

See our latest analysis for Flutter Entertainment.

At around $220 per share, Flutter’s 1 month share price return of nearly 14 percent stands out against a weaker year to date share price return and a negative 1 year total shareholder return. This suggests momentum is tentatively rebuilding as investors digest the UK tax shock, regulatory headlines and ongoing US growth prospects.

If this kind of regulatory shake up has you rethinking your watchlist, it is a good time to scan fast growing stocks with high insider ownership for other fast moving opportunities with committed insiders.

With the shares still trading at a hefty discount to analyst targets despite solid long term growth and a detailed UK tax mitigation plan, investors now face a key question: is this a buying opportunity or has the market already priced in future growth?

Most Popular Narrative Narrative: 26.5% Undervalued

Compared to Flutter Entertainment’s last close near $220, the most followed narrative pegs fair value just under $300, implying meaningful upside if its growth plan lands.

Integration of recent acquisitions (Snai in Italy, NSX in Brazil) and the realization of platform migrations are expected to unlock substantial cost synergies and efficiency gains, underpinning higher EBITDA margins and sustained earnings growth from improved operational leverage.

Read the complete narrative.

Want to see how aggressive expansion, rising margins and a richer earnings mix combine into that fair value? The narrative leans on ambitious growth, shrinking share count and a future profit multiple usually reserved for market leaders. Curious which assumptions really carry the model? Dive in to see the specific revenue, margin and valuation bets that underpin this call.

Result: Fair Value of $299.52 (UNDERVALUED)

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

However, elevated regulatory and tax pressures, alongside heavy debt from acquisitions, could squeeze margins and derail the long term growth implied in the narrative.

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

Build Your Own Flutter Entertainment Narrative

If you are not fully aligned with this outlook or prefer to dig into the numbers yourself, you can shape a custom view in just a few minutes: Do it your way

A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Flutter Entertainment.

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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.

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