fuboTV (NYSE:FUBO) Price Target Raised to $24.00
by Mitch Edgeman · The Markets DailyfuboTV (NYSE:FUBO – Free Report) had its target price increased by Wedbush to $24.00 in a report published on Tuesday,Benzinga reports. Wedbush currently has an outperform rating on the stock.
A number of other analysts have also issued reports on the company. Barrington Research raised fuboTV from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a research note on Tuesday. Needham & Company LLC reduced their price objective on fuboTV from $36.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, March 27th. Wall Street Zen upgraded fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Zacks Research lowered shares of fuboTV from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Finally, Citizens Jmp began coverage on shares of fuboTV in a research report on Monday, March 30th. They issued a “market outperform” rating and a $13.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.20.
Read Our Latest Research Report on FUBO
fuboTV Trading Up 0.1%
FUBO stock opened at $12.07 on Tuesday. fuboTV has a 12-month low of $8.31 and a 12-month high of $56.64. The business’s 50-day moving average is $14.88 and its 200 day moving average is $30.44. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.85. The stock has a market cap of $354.47 million, a price-to-earnings ratio of 2.23 and a beta of 2.37.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its stake in fuboTV by 124.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock worth $9,152,000 after buying an additional 2,010,463 shares during the period. Dimensional Fund Advisors LP increased its holdings in fuboTV by 73.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,614,497 shares of the company’s stock valued at $19,154,000 after purchasing an additional 1,954,352 shares during the last quarter. First Trust Advisors LP increased its holdings in fuboTV by 378.0% in the 4th quarter. First Trust Advisors LP now owns 1,524,254 shares of the company’s stock valued at $3,841,000 after purchasing an additional 1,205,393 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in fuboTV in the fourth quarter valued at approximately $2,922,000. Finally, Millennium Management LLC lifted its stake in fuboTV by 791.5% during the fourth quarter. Millennium Management LLC now owns 1,164,025 shares of the company’s stock worth $2,933,000 after purchasing an additional 1,033,453 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company’s stock.
Trending Headlines about fuboTV
Here are the key news stories impacting fuboTV this week:
- Positive Sentiment: Fubo announced a major AI‑powered upgrade to its iOS and Android apps to deliver quick highlights and improved mobile sports viewing, a product improvement that should boost engagement and retention among on‑the‑go sports viewers. Fubo Optimizes Its Mobile Streaming Experience for Sports Fans On-the-Go
- Positive Sentiment: Analysts have turned more favorable: Barrington upgraded the stock and Wedbush published a bullish price‑appreciation forecast, providing third‑party validation that can drive buying interest. fuboTV (NYSE:FUBO) Stock Rating Upgraded by Barrington Research Wedbush Forecasts Strong Price Appreciation for fuboTV (NYSE:FUBO) Stock
- Positive Sentiment: Recent strategic disclosures — targets for adjusted EBITDA, a plan to be free‑cash‑flow positive by FY‑2027, a 1‑for‑12 reverse split, and closer alignment/integration with Disney’s Hulu + Live TV assets — have materially shifted the narrative toward a path to profitability and corporate recapitalization. Those items are a likely driver of recent bullish momentum. FuboTV (FUBO) Is Up 31.7% After Profit Targets, Reverse Split and Disney Integration Shift Narrative
- Neutral Sentiment: Broad media coverage and “how to watch” guides (routine programming and promotional mentions) are keeping the brand visible but are unlikely to move fundamentals by themselves. Representative coverage: programming guides and explainers. ‘Survivor’ season 50 episode 7 airs tonight – How to watch for free
- Negative Sentiment: Unusual put option activity: traders bought ~36,029 put contracts (about a 107% jump vs. typical volume), signaling some market participants are hedging or betting on near‑term downside — this increases volatility and could pressure the stock if flows accelerate.
- Negative Sentiment: Carriage/distribution friction: coverage notes instances of disputes (e.g., NBC blackout context for certain games), which can drive short‑term subscriber churn or negative PR if unresolved. Where to watch Celtics vs. Hornets NBA game free tonight during NBC and FuboTV dispute
About fuboTV
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.