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fuboTV (NYSE:FUBO) Sets New 52-Week Low - What's Next?

fuboTV logo with Consumer Discretionary background
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Key Points

  • fuboTV hit a new 52-week low (intraday low $12.02, last $13.51) amid a sharp post-split sell-off and heavy trading volume that pressured the share price.
  • The company implemented a 1-for-12 reverse split (effective March 20) and paused U.S. trading for a "Corporate Action," moves that have divided retail holders and increased near-term volatility.
  • Traders showed unusual bullish options interest (roughly 30,846 calls), but analysts remain cautious with a consensus "Hold" rating and an average price target of $39 following several price-target cuts.
  • MarketBeat previews the top five stocks to own by May 1st.

fuboTV Inc. (NYSE:FUBO - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $12.02 and last traded at $13.5120, with a volume of 889155 shares changing hands. The stock had previously closed at $13.20.

Trending Headlines about fuboTV

Here are the key news stories impacting fuboTV this week:

  • Positive Sentiment: Unusual bullish options activity — Traders bought a large number of call options (roughly 30,846 contracts), well above typical daily call volume, signaling some speculative bullish interest that could support short-term upside if follow-through buying continues.
  • Neutral Sentiment: Trading halt for corporate action — U.S. trading was temporarily halted citing a "Corporate Action" ahead of the split, a standard procedure that can increase volatility when trading resumes.
  • Neutral Sentiment: Reverse split was announced and scheduled (1-for-12) — The company confirmed the split would take effect after the market close on March 20; this was expected and intended to consolidate the float and raise the per-share price. MarketBeat: Reverse Split Notice
  • Neutral Sentiment: Programming/carriage headlines — Coverage about where to watch NBA and TV shows during disputes (NBC/FuboTV) is appearing in local press; these items are operationally relevant but are not immediate catalysts compared with the split and market reaction. Where to watch Spurs vs. Heat How to watch American Idol
  • Negative Sentiment: Reverse split implementation sparked a sharp sell-off — Post-split trading saw the stock plunge and a divide among retail holders; some view the split as a sign of weakness (avoiding delisting or masking dilution) rather than a fundamental turnaround. Blockonomi: Stock Plunges After Reverse Split
  • Negative Sentiment: Retail investor skepticism and debate — Coverage highlights that many retail traders remain unconvinced about valuation after the strong prior run, increasing the risk of continued volatility and short-term selling pressure. MSN: Retail Traders Not Convinced
  • Negative Sentiment: Market commentary framing the split as a negative catalyst — Several outlets report the split has divided investors and contributed to share weakness, an immediate headwind for sentiment and near-term price action. 247WallSt: Slides After Reverse Split

Analyst Upgrades and Downgrades

FUBO has been the topic of several research reports. Wedbush lowered their target price on fuboTV from $60.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, February 5th. Needham & Company LLC decreased their price objective on fuboTV from $51.00 to $36.00 and set a "buy" rating for the company in a report on Tuesday, February 3rd. Zacks Research downgraded shares of fuboTV from a "strong-buy" rating to a "hold" rating in a report on Friday, December 12th. Raymond James Financial assumed coverage on shares of fuboTV in a research report on Monday, December 1st. They set a "market perform" rating for the company. Finally, Wall Street Zen upgraded shares of fuboTV from a "sell" rating to a "hold" rating in a research note on Saturday, March 14th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $39.00.

Check Out Our Latest Stock Analysis on FUBO

fuboTV Stock Performance

The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $4.52 billion, a PE ratio of 28.46 and a beta of 2.14. The company has a 50-day moving average price of $1.64 and a two-hundred day moving average price of $2.79.

Insiders Place Their Bets

In other news, CEO David Gandler sold 14,189 shares of the company's stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $30.60, for a total transaction of $434,183.40. Following the sale, the chief executive officer directly owned 46,785 shares in the company, valued at $1,431,621. This represents a 23.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 74.31% of the stock is owned by insiders.

Institutional Trading of fuboTV

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Federated Hermes Inc. lifted its stake in fuboTV by 177.4% in the 3rd quarter. Federated Hermes Inc. now owns 6,900 shares of the company's stock worth $29,000 after purchasing an additional 4,413 shares in the last quarter. Byrne Asset Management LLC bought a new position in shares of fuboTV in the third quarter worth $35,000. Titleist Asset Management LLC purchased a new stake in shares of fuboTV in the third quarter worth $42,000. Hurley Capital LLC purchased a new stake in shares of fuboTV in the fourth quarter worth $25,000. Finally, Farther Finance Advisors LLC boosted its stake in fuboTV by 254,550.0% during the third quarter. Farther Finance Advisors LLC now owns 10,186 shares of the company's stock valued at $42,000 after buying an additional 10,182 shares during the period. Institutional investors own 39.31% of the company's stock.

About fuboTV

(Get Free Report)

fuboTV Inc is a sports-focused live TV streaming platform that provides subscribers with access to a broad range of televised sports, news and entertainment programming. The service offers tiered channel packages featuring major networks such as ESPN, Fox Sports, NBC and regional sports networks, along with bundled options for premium channels and international programming. A core element of fuboTV's proposition is its cloud DVR functionality, which enables users to record live events and store them for later viewing.

In addition to its live television offerings, fuboTV has developed an in-house ad-supported streaming network—fubo Sports Network—that delivers original sports news, analysis and highlights.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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