<p>國家冰球聯盟剛剛與 Kalshi 和 Polymarket 簽署了一項許可協議，為傳統體育博彩公司如 Flutter Entertainment (NYSE:FLUT) 引入了新的競爭。這一舉動使投資者重新評估更廣泛的市場動態及其對 Flutter 股票走勢的潛在影響。</p>
<p>查看我們對 Flutter Entertainment 的最新分析。</p>
<p>Flutter Entertainment 的股價最近失去了動能，過去一個月下跌了 12.8%，過去一個季度下跌了 20%，最新收盤價為 243.92 美元。然而，從長期來看，前景要樂觀得多。過去一年總股東回報為 8.5%，三年內更是達到了驚人的 86%，反映出儘管近期消息和行業競爭加劇帶來了一些短期不確定性，但基本面依然穩健增長。</p>
<p>如果你關注這樣的行業變動並想要更廣泛的視角，現在是發現高內部持股的快速增長股票的好時機。</p>
<p>隨着 Flutter Entertainment 的交易價格顯著低於近期高點，分析師仍然支持該股票，關鍵問題是這次下跌是否標誌着真正的買入機會，還是市場已經在考慮未來的增長。</p>
<h2>最受歡迎的敍述：26.6% 低估</h2>
<p>在 243.92 美元的價格下，Flutter Entertainment 遠低於當前敍述的公允價值估計 332.53 美元，這使得最近的價格下滑被視為一個潛在機會，關於下一步將由什麼驅動的討論頗多。</p>
<blockquote>
<p><em>在線賭博和 iGaming 在新監管和高增長市場（例如巴西和美國）的持續擴張預計將加速 Flutter 的收入和盈利，利用全球互聯網和智能手機滲透率的提高以及監管放寬。產品創新，特別是在現場投注和個性化投注功能（例如 “你的方式串聯投注”、“同場串聯投注直播” 和 Snai 與 FanDuel 之間的平台遷移）方面，使 Flutter 能夠吸引更多用户參與和錢包份額，支持收入增長和長期利潤率擴張。</em></p>
</blockquote>
<p>閲讀完整敍述。</p>
<p>想知道是什麼推動如此樂觀的價格目標嗎？看看分析師們押注的非凡銷售增長率和未來利潤率。發現他們如何將數字堆疊起來以證明這個價格標籤。背後的細節可能會顛覆你對這隻股票潛力的看法。</p>
<p><strong>結果：公允價值 332.53 美元（低估）</strong></p>
<p>完整閲讀敍述，瞭解預測背後的原因。</p>
<p>然而，增加的監管審查和上升的淨債務水平仍然是關鍵風險。如果情況惡化，這些因素可能會挑戰 Flutter 的增長前景。</p>
<p>瞭解 Flutter Entertainment 敍述的關鍵風險。</p>
<h2>另一種觀點：市場倍數分析</h2>
<p>然而，市場的市盈率 116.9 倍傳達了截然不同的信息。這個數字是美國酒店行業平均水平 23.9 倍的四倍多，遠高於同行平均水平 34.8 倍。即使與市場可能趨向的公允比率 49 倍相比，Flutter 的估值似乎也顯得過高。雖然這樣的倍數有時會傳達對快速增長的樂觀預期，但如果未能實現預期，也可能突顯出估值風險。這種溢價是否過於奢侈？</p>
<p>查看數字對這個價格的看法——在我們的估值分析中瞭解更多。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/eb59a032-5d0c-48c8-83f7-3e6b451467f1/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/eb59a032-5d0c-48c8-83f7-3e6b451467f1/chart/pe-multiple-vs-industry"/></p>
<p>截至 2025 年 10 月的 NYSE:FLUT 市盈率</p>
<h2>構建你自己的 Flutter Entertainment 敍述</h2>
<p>如果當前共識與你的觀點不符，或者你更願意自己深入細節，你可以輕鬆地在幾分鐘內構建自己的觀點。按照你的方式進行。</p>
<p>你對 Flutter Entertainment 研究的一個很好的起點是我們的分析，突出了 4 個關鍵收益和 2 個可能影響你投資決策的重要警示信號。</p>
<h2>尋找更多投資想法？</h2>
<p>通過擴展你的研究超越 Flutter，利用我們的智能篩選器探索一些當今最引人注目的股票趨勢，為自己提供優勢。</p>
<ul>
<li>通過檢查這 3567 只財務穩健、面向強勁增長和財務韌性的便士股票，發現享有市場熱度的高潛力機會。</li>
<li>利用人工智能的浪潮，評估這些 27 只處於前沿的 AI 便士股票，揭示塑造明天科技格局的創新者。</li>
<li>通過掃描這些 17 只收益率超過 3% 的股息股票，增強你的投資組合，這些股票在波動時期也能保持穩定的收益和回報股東的聲譽。</li>
</ul>
<p><em>這篇文章由 Simply Wall St 撰寫，性質一般。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成買入或賣出任何股票的推薦，也不考慮你的目標或財務狀況。我們的目標是為你提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>

FLTR

<p>Flutter Entertainment（紐約證券交易所代碼：FLUT）在 NHL 與 Kalshi 和 Polymarket 達成許可協議後面臨日益激烈的競爭，這促使投資者重新評估其股票前景。過去一個月，股價下跌了 12.8%，在最近一個季度下跌了 20%，收盤價為 243.92 美元，但與 332.53 美元的公允價值估計相比，仍然被低估。儘管面臨監管審查和債務上升的風險，Flutter 在在線賭博市場的增長潛力和產品創新支持了其長期看漲的觀點。分析師對當前的下跌是否構成買入機會表達了不同的看法</p>

<p>The National Hockey League has just inked a licensing deal with Kalshi and Polymarket, introducing fresh competition to traditional sports-betting companies such as Flutter Entertainment (NYSE:FLUT). This move has investors reassessing the broader market dynamics and potential effects on Flutter’s stock trajectory.</p>
<div class="lb-trans"><p>國家冰球聯盟剛剛與 Kalshi 和 Polymarket 簽署了一項許可協議，為傳統體育博彩公司如 Flutter Entertainment (NYSE:FLUT) 引入了新的競爭。這一舉動使投資者重新評估更廣泛的市場動態及其對 Flutter 股票走勢的潛在影響。</p>
</div><p>See our latest analysis for Flutter Entertainment.</p>
<div class="lb-trans"><p>查看我們對 Flutter Entertainment 的最新分析。</p>
</div><p>Flutter Entertainment’s share price has lost momentum lately, down 12.8% over the past month and 20% over the last quarter, with the latest close at $243.92. Still, the longer-term picture is far more upbeat. Total shareholder return sits at 8.5% over the past year and a remarkable 86% across three years, reflecting solid fundamental growth even as recent news and heightened industry competition add some near-term uncertainty.</p>
<div class="lb-trans"><p>Flutter Entertainment 的股價最近失去了動能，過去一個月下跌了 12.8%，過去一個季度下跌了 20%，最新收盤價為 243.92 美元。然而，從長期來看，前景要樂觀得多。過去一年總股東回報為 8.5%，三年內更是達到了驚人的 86%，反映出儘管近期消息和行業競爭加劇帶來了一些短期不確定性，但基本面依然穩健增長。</p>
</div><p>If you’re watching industry shake-ups like this and want a broader view, now’s a great time to discover fast growing stocks with high insider ownership.</p>
<div class="lb-trans"><p>如果你關注這樣的行業變動並想要更廣泛的視角，現在是發現高內部持股的快速增長股票的好時機。</p>
</div><p>With Flutter Entertainment now trading at a significant discount from its recent highs and analysts still backing the stock, the key question is whether this dip marks a genuine buying opportunity or if the market is already accounting for future growth.</p>
<div class="lb-trans"><p>隨着 Flutter Entertainment 的交易價格顯著低於近期高點，分析師仍然支持該股票，關鍵問題是這次下跌是否標誌着真正的買入機會，還是市場已經在考慮未來的增長。</p>
</div><h2>Most Popular Narrative: 26.6% Undervalued</h2>
<div class="lb-trans"><h2>最受歡迎的敍述：26.6% 低估</h2>
</div><p>At $243.92, Flutter Entertainment sits far beneath the prevailing narrative fair value estimate of $332.53, framing the recent price slide as a potential opportunity with plenty of debate over what will drive the next move.</p>
<div class="lb-trans"><p>在 243.92 美元的價格下，Flutter Entertainment 遠低於當前敍述的公允價值估計 332.53 美元，這使得最近的價格下滑被視為一個潛在機會，關於下一步將由什麼驅動的討論頗多。</p>
</div><blockquote>
<p><em>Ongoing expansion of online gambling and iGaming in newly regulated and high-growth markets (e.g., Brazil and the U.S.) is expected to accelerate Flutter's revenue and earnings, leveraging increasing global internet and smartphone penetration and regulatory liberalization. Product innovation, particularly in live betting and personalized betting features (e.g., &#34;Your Way Parlay,&#34; Same Game Parlay Live, and platform migrations across Snai and FanDuel), positions Flutter to capture greater user engagement and wallet share, supporting both revenue growth and long-term margin expansion.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>在線賭博和 iGaming 在新監管和高增長市場（例如巴西和美國）的持續擴張預計將加速 Flutter 的收入和盈利，利用全球互聯網和智能手機滲透率的提高以及監管放寬。產品創新，特別是在現場投注和個性化投注功能（例如 “你的方式串聯投注”、“同場串聯投注直播” 和 Snai 與 FanDuel 之間的平台遷移）方面，使 Flutter 能夠吸引更多用户參與和錢包份額，支持收入增長和長期利潤率擴張。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>閲讀完整敍述。</p>
</div><p>Want to know what powers such a bullish price target? See which extraordinary sales growth rates and future profit margins analysts are betting on. Discover how they stack up the numbers to justify this price tag. There is more behind these headline figures than you might expect. The details could upend what you think about this stock's potential.</p>
<div class="lb-trans"><p>想知道是什麼推動如此樂觀的價格目標嗎？看看分析師們押注的非凡銷售增長率和未來利潤率。發現他們如何將數字堆疊起來以證明這個價格標籤。背後的細節可能會顛覆你對這隻股票潛力的看法。</p>
</div><p><strong>Result: Fair Value of $332.53 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>結果：公允價值 332.53 美元（低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整閲讀敍述，瞭解預測背後的原因。</p>
</div><p>However, increased regulatory scrutiny and rising net debt levels remain key risks. These factors could challenge Flutter's growth outlook if conditions worsen.</p>
<div class="lb-trans"><p>然而，增加的監管審查和上升的淨債務水平仍然是關鍵風險。如果情況惡化，這些因素可能會挑戰 Flutter 的增長前景。</p>
</div><p>Find out about the key risks to this Flutter Entertainment narrative.</p>
<div class="lb-trans"><p>瞭解 Flutter Entertainment 敍述的關鍵風險。</p>
</div><h2>Another View: A Look at Market Multiples</h2>
<div class="lb-trans"><h2>另一種觀點：市場倍數分析</h2>
</div><p>Yet, there is a starkly different message from the market’s price-to-earnings ratio of 116.9x. This figure is more than four times the US Hospitality industry average of 23.9x and much higher than the peer group average of 34.8x. Even compared to the fair ratio of 49x that the market could move toward, Flutter’s valuation appears stretched. While multiples like this sometimes signal optimism for rapid growth, they can also highlight valuation risk if expectations are not met. Could this premium simply be too rich for comfort?</p>
<div class="lb-trans"><p>然而，市場的市盈率 116.9 倍傳達了截然不同的信息。這個數字是美國酒店行業平均水平 23.9 倍的四倍多，遠高於同行平均水平 34.8 倍。即使與市場可能趨向的公允比率 49 倍相比，Flutter 的估值似乎也顯得過高。雖然這樣的倍數有時會傳達對快速增長的樂觀預期，但如果未能實現預期，也可能突顯出估值風險。這種溢價是否過於奢侈？</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看數字對這個價格的看法——在我們的估值分析中瞭解更多。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/eb59a032-5d0c-48c8-83f7-3e6b451467f1/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/eb59a032-5d0c-48c8-83f7-3e6b451467f1/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:FLUT PE Ratio as at Oct 2025</p>
<div class="lb-trans"><p>截至 2025 年 10 月的 NYSE:FLUT 市盈率</p>
</div><h2>Build Your Own Flutter Entertainment Narrative</h2>
<div class="lb-trans"><h2>構建你自己的 Flutter Entertainment 敍述</h2>
</div><p>If the current consensus does not match your perspective or you would rather dig into the details yourself, you can easily build your own view in just a few minutes. Do it your way.</p>
<div class="lb-trans"><p>如果當前共識與你的觀點不符，或者你更願意自己深入細節，你可以輕鬆地在幾分鐘內構建自己的觀點。按照你的方式進行。</p>
</div><p>A great starting point for your Flutter Entertainment research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>你對 Flutter Entertainment 研究的一個很好的起點是我們的分析，突出了 4 個關鍵收益和 2 個可能影響你投資決策的重要警示信號。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>尋找更多投資想法？</h2>
</div><p>Give yourself an edge by expanding your research beyond Flutter and exploring some of today’s most compelling stock trends using our smart screeners.</p>
<div class="lb-trans"><p>通過擴展你的研究超越 Flutter，利用我們的智能篩選器探索一些當今最引人注目的股票趨勢，為自己提供優勢。</p>
</div><ul>
<li>Spot high-potential opportunities enjoying market buzz by examining these 3567 penny stocks with strong financials geared towards robust growth and financial resilience.</li>
<li>Tap into the artificial intelligence surge and evaluate remarkable companies at the forefront through these 27 AI penny stocks, uncovering innovators shaping tomorrow’s tech landscape.</li>
<li>Power up your portfolio with value plays by scanning these 17 dividend stocks with yields &gt; 3% boasting consistent yields and a reputation for rewarding shareholders, even in volatile times.</li>
</ul>
<div class="lb-trans"><ul>
<li>通過檢查這 3567 只財務穩健、面向強勁增長和財務韌性的便士股票，發現享有市場熱度的高潛力機會。</li>
<li>利用人工智能的浪潮，評估這些 27 只處於前沿的 AI 便士股票，揭示塑造明天科技格局的創新者。</li>
<li>通過掃描這些 17 只收益率超過 3% 的股息股票，增強你的投資組合，這些股票在波動時期也能保持穩定的收益和回報股東的聲譽。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</em></p>
<div class="lb-trans"><p><em>這篇文章由 Simply Wall St 撰寫，性質一般。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成買入或賣出任何股票的推薦，也不考慮你的目標或財務狀況。我們的目標是為你提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
</div>

在 NHL 進入預測市場後，重新審視 Flutter Entertainment（紐約證券交易所代碼：FLUT）的估值