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

FuboTV shares are trading higher after the company reported better-than-expected earnings for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:35 am

FuboTV anticipates a 10% increase in North American subscribers for Q2, with projected revenues between $357.5M and $367.5M.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:34 am

FuboTV's Q1 report shows an 18% year-over-year growth in North America paid subscribers, while its Rest of World segment saw a 5% increase.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:33 am

FuboTV reported Q1 2024 adjusted EPS of $(0.11), surpassing the $(0.21) estimate, with sales of $402.347M exceeding the $381.298M forecast. This represents a 24.04% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:32 am

Cantor Fitzgerald analyst Brett Knoblauch reiterated an Overweight rating on FuboTV (FUBO) with a maintained price target of $2.9.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 2:13 pm

Wedbush analyst Michael Pachter reiterates an Outperform rating on FuboTV (NYSE:FUBO) and maintains a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 2:02 pm

FuboTV Inc. announced that Warner Bros. Discovery networks have left its platform as of April 30, 2024, due to unsuccessful renewal negotiations for Discovery content and Turner sports networks. FuboTV accused Warner Bros. Discovery of not negotiating in good faith, offering above-market rates, and engaging in anti-competitive practices. This dispute is part of a broader antitrust lawsuit filed by Fubo against Warner Bros. Discovery and its joint venture with The Walt Disney Company and FOX Corp.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:02 pm

Analyst evaluations of FuboTV (NYSE:FUBO) show mixed sentiments with a recent shift towards a more bullish outlook. The average 12-month price target has been raised to $3.75, reflecting a 9.65% increase from the previous target. Analyst actions include maintaining, lowering, and announcing ratings with price targets ranging from $2.00 to $5.00. FuboTV's financial performance indicates positive revenue growth but challenges in net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 2:00 pm

Wedbush analyst Michael Pachter reiterates an Outperform rating on FuboTV (NYSE:FUBO) and maintains a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 1:54 pm

FuboTV's (NYSE:FUBO) short interest has increased by 5.76% since the last report, with 63.66 million shares sold short, representing 21.86% of its float. This indicates a bearish market sentiment towards FUBO, as it takes traders approximately 4.17 days to cover their short positions. Comparatively, FuboTV's short interest is significantly higher than its peer group average of 3.39%.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:00 pm

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