Flutter Entertainment Price Target Lowered to $320 Despite Q3 Revenue Surpassing Guidance

Flutter Entertainment's uncertainty surrounding a potential UK tax increase has been alleviated, according to Citi analyst Ben Shelley. The company reported Q3 2025 earnings with $3.79 billion in revenue, a 16.84% year-over-year increase, and $1.64 per share earnings. International revenue grew by 21% year-over-year, while US revenue increased by 9%. Shelley lowered his price target to $320 from $340 with a Buy rating on the shares.