• Barclays maintains an "Overweight" rating for Flutter Entertainment Plc (NYSE:FLUT), adjusting the price target to 221 GBP.
• Prediction markets could significantly benefit Flutter's position in the sports betting industry, supporting its financial growth.
• Despite a general decline in gaming stocks, the focus on online sports betting and positive analyst outlooks suggest a resilient future for Flutter.

Flutter Entertainment Plc (NYSE:FLUT) is a prominent player in the global sports betting and gaming industry. On January 29, 2026, Barclays updated its rating for FLUT to "Overweight," maintaining its previous grade, with a hold action. At the time, the stock price was $168.54. Barclays also adjusted the price target for Flutter, lowering it from 229 GBP to 221 GBP.

Bernie McTernan from Needham discussed the potential benefits of prediction markets for sports betting companies like Flutter. These markets could enhance their market position and financial performance. This aligns with Barclays' "Overweight" rating, suggesting confidence in Flutter's future growth prospects despite the adjusted price target.

Shaun C. Kelley from BofA Securities highlighted the gaming sector's focus on online sports betting as it enters 2026. Despite softer trends in Las Vegas and regional casinos, Kelley remains optimistic about the long-term benefits for Las Vegas locals and regional properties. This optimism supports Barclays' decision to maintain an "Overweight" rating for Flutter.

FLUT's current stock price is $167.08, reflecting a slight increase of 0.21% or $0.35. The stock has traded between a low of $166.22 and a high of $169.10 today. Over the past year, FLUT reached a high of $313.69 and a low of $166.22. The company's market capitalization is approximately $29.28 billion, with a trading volume of 1,409,903 shares today.

Despite a decline in gaming stocks, with U.S. operators down 4% and digital gaming stocks falling 23%, Barclays' "Overweight" rating suggests confidence in Flutter's resilience. The focus on online sports betting and prediction markets could drive future growth, aligning with the positive outlook from analysts like McTernan and Kelley.