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fuboTV (NYSE:FUBO) Upgraded to Strong-Buy at Zacks Research

fuboTV logo with Consumer Discretionary background
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Key Points

  • Zacks Research upgraded fuboTV from a "hold" to a "strong‑buy"; overall analyst consensus remains a "Moderate Buy" with an average price target of $17.20 (analyst mix: 2 Strong Buy, 4 Buy, 1 Hold, 1 Sell).
  • Management's strategic disclosures — including adjusted EBITDA targets, a plan to be free‑cash‑flow positive by FY‑2027, a 1‑for‑12 reverse split and closer integration with Disney/Hulu — have shifted the market narrative toward a path to profitability and helped fuel recent bullish momentum.
  • Shares opened at $12.07 with a market cap of $354.5M and a wide 52‑week range of $8.31–$56.64, while unusual put option activity and occasional carriage/distribution disputes highlight elevated near‑term volatility and downside risk.
  • MarketBeat previews top five stocks to own in May.

fuboTV (NYSE:FUBO - Get Free Report) was upgraded by stock analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a report released on Wednesday,Zacks.com reports.

FUBO has been the subject of a number of other reports. Needham & Company LLC reduced their price target on shares of fuboTV from $36.00 to $15.00 and set a "buy" rating for the company in a report on Friday, March 27th. B. Riley Financial started coverage on shares of fuboTV in a report on Friday, March 27th. They issued a "buy" rating and a $18.00 price target for the company. Wall Street Zen raised shares of fuboTV from a "sell" rating to a "hold" rating in a report on Saturday, March 14th. Citizens Jmp began coverage on shares of fuboTV in a report on Monday, March 30th. They issued a "market outperform" rating and a $13.00 price target for the company. Finally, Wedbush raised their price objective on shares of fuboTV to $24.00 and gave the stock an "outperform" rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $17.20.

Check Out Our Latest Research Report on FUBO

fuboTV Price Performance

Shares of fuboTV stock opened at $12.07 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.84. fuboTV has a fifty-two week low of $8.31 and a fifty-two week high of $56.64. The firm has a fifty day moving average price of $14.88 and a two-hundred day moving average price of $30.44. The company has a market cap of $354.47 million, a PE ratio of 2.23 and a beta of 2.37.

Hedge Funds Weigh In On fuboTV

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Two Sigma Investments LP lifted its holdings in shares of fuboTV by 12.2% during the 3rd quarter. Two Sigma Investments LP now owns 6,745,483 shares of the company's stock worth $27,994,000 after acquiring an additional 734,142 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of fuboTV by 19.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,518,329 shares of the company's stock worth $13,906,000 after acquiring an additional 903,832 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of fuboTV by 124.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company's stock worth $9,152,000 after acquiring an additional 2,010,463 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of fuboTV by 33.5% during the 4th quarter. Pacer Advisors Inc. now owns 1,851,690 shares of the company's stock worth $4,666,000 after acquiring an additional 464,607 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of fuboTV by 378.0% during the 4th quarter. First Trust Advisors LP now owns 1,524,254 shares of the company's stock worth $3,841,000 after acquiring an additional 1,205,393 shares during the period. 39.31% of the stock is owned by institutional investors.

Key fuboTV News

Here are the key news stories impacting fuboTV this week:

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.

Further Reading

Analyst Recommendations for fuboTV (NYSE:FUBO)

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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