Truist analyst raises cash-flow forecasts for DraftKings and Flutter
Truist Securities analyst Barry Jonas raised his cash-flow forecasts for DraftKings and Flutter in a 3 February investor note, according to the report. He projected DraftKings cash flow of $325 million, up from $223 million, and Flutter cash flow of $340 million, up from $323 million, for the fourth quarter of 2025. Jonas said investors would also weigh the companies’ 2026 guidance and commentary on prediction markets.
The revised estimates give investors updated analyst forecasts ahead of the companies’ fourth-quarter earnings.