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

1.56

Mkt cap

504M

Volume

8.4M

High

1.57

P/E Ratio

-2.22

52-wk high

3.81

Low

1.47

Div yield

N/A

52-wk low

1.10

FuboTV Inc (NYSE:FUBO) shares rose in after-hours trading following the announcement of a new agreement with Mid-Atlantic Sports Network (MASN) to expand its local sports offerings, including streaming coverage of the Baltimore Orioles and Washington Nationals games. This agreement will add more than 500 live events annually to Fubo's platform, enhancing its sports coverage ahead of MLB's Opening Day.

Portfolio Pulse from Adam Eckert

March 12, 2024 | 8:47 pm

FuboTV Inc (NYSE:FUBO) shares rose after reporting Q4 results, showing effective cost-cutting and reiterating its 2025 guidance for positive free cash flows. Seaport Research Partners upgraded FuboTV to a Buy and raised the price target to $2.50, citing higher-than-expected subscription revenue and potential benefits from an antitrust lawsuit. Shares were up 0.5% to $1.91.

Portfolio Pulse from Priya Nigam

March 04, 2024 | 4:38 pm

Evercore ISI Group analyst Shweta Khajuria maintains an In-Line rating on FuboTV (NYSE:FUBO) and lowers the price target from $3 to $2.5.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:09 pm

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

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 2:08 pm

Seaport Global analyst David Joyce upgrades FuboTV (NYSE:FUBO) from Neutral to Buy and sets a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 1:02 pm

Needham analyst Laura Martin maintains a Buy rating on FuboTV (NYSE:FUBO) but lowers the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:03 pm

FuboTV Inc (NYSE:FUBO) reported Q4 fiscal 2023 results with a 28.5% Y/Y sales increase to $410.18 million, surpassing consensus estimates. Adjusted EPS loss narrowed to $(0.17), beating expectations. Gross margin improved by 888 bps Y/Y to 10%, and subscriber-related expenses decreased to 86.5% of revenue. North America Streaming revenue grew 29% Y/Y, while Rest of the World Streaming saw an 18% Y/Y increase. FuboTV ended the quarter with $251 million in cash. The company's Q1 and fiscal 2024 revenue forecasts are below consensus estimates. FUBO shares dropped 5.6% to $1.95. ProShares Trust ProShares Metaverse ETF (NYSE:VERS) and IShares Robotics And Artificial Intelligence Multisector ETF (NYSE:IRBO) are mentioned as ways to gain exposure to FUBO stock.

Portfolio Pulse from Anusuya Lahiri

March 01, 2024 | 3:04 pm

FuboTV's stock price declined following the announcement of its Q4 earnings, accompanied by a revenue outlook that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:00 pm

FuboTV has revised its FY24 revenue outlook to $1.536B - $1.560B, which is below the previous estimate of $1.624B. This correction indicates a downward adjustment in the company's revenue expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 2:58 pm

FuboTV shares surged following the announcement of their Q4 earnings and FY24 revenue outlook, both exceeding expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:40 pm

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