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Flutter Stock Undervalued After Q4 Results, Guidance: Analyst Says 'Earnings Transformation' Underway
Wednesday, March 5, 2025 - 2:03pm | 654Flutter Entertainment (NYSE:FLUT) analysts highlight the sports betting and iGaming market share growth of the company after fourth-quarter financial results and guidance. The Flutter Analysts: Citizens analyst Jordan Bender maintained a Market Outperform rating on Flutter and raised the price...
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Why Sportsbooks Like DraftKings May Favor Low-Scoring Super Bowl LIX
Friday, February 7, 2025 - 4:11pm | 745Analysts are weighing in on which sportsbooks stand to gain from Super Bowl LIX and whether a Kansas City Chiefs three-peat would be a win or loss for the industry. Super Bowl LIX Winners: Bank of America said the Chiefs winning and less than 48.5 points being scored in Super Bowl LIX could be the...
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Tesla Lost $15 Billion In Brand Value In 2024, Report Says: Did Elon Musk's Political Push Hurt EV Giant?
Thursday, January 23, 2025 - 3:16pm | 1103Tesla Inc (NASDAQ:TSLA) stock soared after Donald Trump won the 2024 presidential election, helping CEO Elon Musk become the first person worth more than $400 billion. While Musk's political push and Trump friendship might have been good for the stock, a new report showed it could have hurt Tesla's...
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Detroit Lions Take Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
Wednesday, January 8, 2025 - 4:15pm | 884A higher than average amount of NFL betting favorites won games in the 2024 season, which could be bad news for sportsbooks like Flutter Entertainment (NYSE:FLUT) owned FanDuel and others. Flutter calls out one Detroit Lions game as being particularly painful, while an analyst says revised guidance...
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Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Tuesday, January 7, 2025 - 5:59pm | 425Flutter Entertainment Plc (NYSE:FLUT) shares are trading lower in Tuesday’s after-hours session after the company cut near-term guidance due to a period of “very unfavorable” sports results. What Happened: After the market close on Tuesday, FanDuel parent company Flutter...
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DraftKings Q3 Earnings Preview: NFL In Focus, Will Missouri Legalization Factor Into Guidance?
Wednesday, November 6, 2024 - 7:31pm | 977Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect the company to report...
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Fanduel May See 'Significant Earnings Power' With Growing Duopoly, Sports Betting Market Size: 'Add It To The Bet Slip', Analyst Says
Monday, September 23, 2024 - 12:25pm | 554Strong market share and growing opportunities in online sports betting could push Flutter Entertainment (NYSE:FLUT) shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target on the Fanduel parent. The Analyst Takeaways: With...
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DraftKings, Sportsbooks Could Benefit From Week 2 NFL Underdogs Winning
Monday, September 16, 2024 - 2:39pm | 697Sportsbooks operators such as DraftKings Inc (NASDAQ:DKNG) could stand to benefit with the 2024 National Football season underway and another week of favorable outcomes for sportsbooks in the second week of games. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $...
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NFL Fan Turns $100 Bet Into $25K With Wild Football Prediction For Thursday Night Game
Friday, September 13, 2024 - 1:23pm | 777Buffalo Bills quarterback Josh Allen kept his perfect record in Thursday NFL games intact with a 31-10 win over the Miami Dolphins, but it was two other players that helped a bettor make $25,000 in one of the craziest parlays in some time. What Happened: A Thursday Night Football matchup between...
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DraftKings Wins In Week 1 NFL Season, App Moves Up Rankings: 'A Good Weekend For The Sportsbooks'
Monday, September 9, 2024 - 10:14am | 616Sports betting giant DraftKings Inc (NASDAQ:DKNG) gets a boost in the app store rankings and benefits from several key wins to kick off the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst Takeaways: A...
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DraftKings Stock Ahead Of 2024 NFL Season: Analyst Says Promos 'More Aggressive Than Last Year'
Tuesday, September 3, 2024 - 12:52pm | 798Sports betting operator DraftKings Inc (NASDAQ:DKNG) looks strong compared to competitors for promotional activity, market share and more ahead of the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst...
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DraftKings Vs. Flutter: Analyst Lays Out Bull Vs. Bear Debate With Sports Betting Market 'Increasingly Functioning As A Duopoly'
Monday, August 19, 2024 - 2:06pm | 666A battle between DraftKings Inc (NASDAQ:DKNG) bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment (NYSE:FLUT) have both now reported second-quarter financial results. The DraftKings Analyst: Needham analyst Bernie...
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J.J. McCarthy Injury: Bad News For Minnesota Vikings Fans, Good News For Bettors?
Thursday, August 15, 2024 - 4:38pm | 759The Minnesota Vikings were one of several NFL teams to use a first-round pick in the 2024 NFL Draft to select a quarterback that could become the face of the franchise. An injury to rookie quarterback J.J. McCarthy will see that plan take a backseat as Sam Darnold is likely to be the starter for...
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FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...
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FanDuel Parent Flutter Entertainment Stock Climbs On Q2 Results, Raises Guidance: What To Know
Tuesday, August 13, 2024 - 4:58pm | 413Flutter Entertainment Plc (NYSE:FLUT) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the details from the report. The Details: Flutter Entertainment reported earnings of $2.61 per share, up from $1.67 year-over-year, and revenue...