fuboTV (NYSE:FUBO) Upgraded by Wedbush to "Strong-Buy" Rating

Wedbush upgraded shares of fuboTV (NYSE:FUBO - Free Report) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports. Wedbush also issued estimates for fuboTV's Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.15) EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at ($0.01) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.01) EPS, FY2026 earnings at ($0.05) EPS and FY2027 earnings at $0.15 EPS.

Several other research analysts also recently weighed in on the company. Needham & Company LLC dropped their price target on fuboTV from $3.35 to $3.00 and set a "buy" rating for the company in a research note on Monday, May 5th. UBS Group set a $3.50 target price on shares of fuboTV in a report on Monday, March 3rd. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, fuboTV currently has a consensus rating of "Moderate Buy" and an average price target of $4.06.

fuboTV Price Performance

NYSE:FUBO traded up $0.06 on Tuesday, reaching $3.71. 7,308,937 shares of the company's stock traded hands, compared to its average volume of 20,654,759. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.48. The stock has a 50-day simple moving average of $3.25 and a 200-day simple moving average of $3.26. The firm has a market cap of $1.27 billion, a PE ratio of 18.53 and a beta of 2.22. fuboTV has a 12 month low of $1.15 and a 12 month high of $6.45.

Hedge Funds Weigh In On fuboTV

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its stake in fuboTV by 2.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 109,816 shares of the company's stock worth $138,000 after acquiring an additional 2,668 shares during the last quarter. Corebridge Financial Inc. grew its holdings in shares of fuboTV by 2.1% in the fourth quarter. Corebridge Financial Inc. now owns 160,328 shares of the company's stock valued at $202,000 after purchasing an additional 3,321 shares in the last quarter. Xponance Inc. increased its position in fuboTV by 19.1% in the fourth quarter. Xponance Inc. now owns 23,002 shares of the company's stock worth $29,000 after purchasing an additional 3,689 shares during the last quarter. Principal Financial Group Inc. increased its position in fuboTV by 23.3% in the first quarter. Principal Financial Group Inc. now owns 22,468 shares of the company's stock worth $66,000 after purchasing an additional 4,239 shares during the last quarter. Finally, MetLife Investment Management LLC raised its stake in fuboTV by 3.0% during the first quarter. MetLife Investment Management LLC now owns 207,550 shares of the company's stock valued at $606,000 after purchasing an additional 6,038 shares in the last quarter. 39.31% of the stock is owned by institutional investors.

fuboTV Company Profile

fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.