Streetbeat News

FUBO

fuboTV Inc.

https://www.fubo.tv

Industry

Broadcasting

fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.

Open

1.45

Mkt cap

474M

Volume

8.1M

High

1.47

P/E Ratio

-2.09

52-wk high

3.81

Low

1.39

Div yield

N/A

52-wk low

1.10

In the last three months, 5 analysts have published ratings on FuboTV (NYSE:FUBO), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $3.58, a 5.29% decrease from the previous $3.78. Analysts have maintained or lowered their ratings, with price targets ranging from $2.00 to $5.00. FuboTV has shown a 24.04% revenue growth rate but faces challenges with negative net margins, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:01 pm

Needham analyst Laura Martin maintains a Buy rating on FuboTV (NYSE:FUBO) but lowers the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

FuboTV has announced a partnership with NBCUniversal to provide multi-platform coverage of the Paris Olympics. Subscribers will have access to live daytime events, primetime shows, and extensive Olympic programming across various NBCUniversal channels and platforms.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 6:02 pm

FuboTV Inc. (NYSE:FUBO) has launched its app on Comcast's Xfinity Flex, Xumo Stream Box, and Xumo TV, making it available to millions of Xfinity Internet households and retail locations across the U.S.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 3:10 pm

FuboTV's short interest has decreased by 5.26%, with 21.06% of its float sold short. This is higher than the peer group average of 3.17%. It would take traders 4.16 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 1:15 pm

Diamond Sports Group has announced a multi-year carriage agreement with Fubo. The financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 3:32 pm

Shares of 'meme stocks' and high-short interest stocks are experiencing a surge following the return of popular retail trader 'Roaring Kitty' to social media. This movement indicates a renewed interest in these volatile market segments.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:40 pm

Needham analyst Laura Martin reiterates a Buy rating on FuboTV (NYSE:FUBO) and maintains a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 10:59 am

FuboTV shares are trading lower, reversing after initially gaining on Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:05 pm

FuboTV Inc (NYSE:FUBO) reported fiscal Q1 2024 results with a 24% Y/Y sales increase to $402.4 million, surpassing analyst estimates. Adjusted EPS loss improved to $(0.11), beating expectations. The company saw significant growth in North America with a 24% revenue increase and an 18% rise in paid subscribers. FuboTV remains optimistic about its antitrust lawsuit against The Walt Disney Co (NYSE:DIS), FOX Corp (NASDAQ:FOX), and Warner Bros. Discovery Inc (NASDAQ:WBD). FuboTV's stock fluctuated, opening with a 10% premarket gain but closing down 5.16% at $1.46. The company's performance and legal confidence could impact its stock and those of DIS, FOX, and WBD. FUBO is also featured in ProShares Trust ProShares Metaverse ETF (NYSE:VERS) and IShares Robotics And Artificial Intelligence Multisector ETF (NYSE:IRBO).

Portfolio Pulse from Anusuya Lahiri

May 03, 2024 | 2:10 pm

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