Needham & Company LLC Cuts fuboTV (NYSE:FUBO) Price Target to $15.00

fuboTV (NYSE:FUBO) had its price target decreased by Needham & Company LLC from $36.00 to $15.00 in a research report report published on Friday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Zacks Research cut shares of fuboTV from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Wedbush reduced their target price on fuboTV from $60.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. B. Riley Financial began coverage on fuboTV in a research report on Friday. They issued a “buy” rating and a $18.00 target price for the company. Raymond James Financial initiated coverage on fuboTV in a report on Monday, December 1st. They set a “market perform” rating on the stock. Finally, Wall Street Zen raised fuboTV from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.00.

fuboTV Stock Performance

fuboTV stock opened at $9.29 on Friday. fuboTV has a fifty-two week low of $9.23 and a fifty-two week high of $56.64. The firm’s 50 day simple moving average is $18.37 and its 200-day simple moving average is $32.93. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $272.79 million, a P/E ratio of 1.72 and a beta of 2.15.

Insiders Place Their Bets

In other fuboTV news, CEO David Gandler sold 14,189 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $30.60, for a total value of $434,183.40. Following the transaction, the chief executive officer owned 46,785 shares in the company, valued at approximately $1,431,621. This represents a 23.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 74.31% of the company’s stock.

Institutional Investors Weigh In On fuboTV

A number of institutional investors have recently modified their holdings of the stock. Two Sigma Investments LP grew 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 valued at $27,994,000 after acquiring an additional 734,142 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of fuboTV by 19.6% during the fourth 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 in the last quarter. Jump Financial LLC raised its holdings in shares of fuboTV by 189.6% during the second quarter. Jump Financial LLC now owns 3,721,263 shares of the company’s stock worth $14,364,000 after acquiring an additional 2,436,479 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in fuboTV by 124.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock valued at $9,152,000 after purchasing an additional 2,010,463 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in fuboTV by 33.5% during the fourth quarter. Pacer Advisors Inc. now owns 1,851,690 shares of the company’s stock valued at $4,666,000 after purchasing an additional 464,607 shares during 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: B. Riley initiated coverage with a “buy” rating and an $18 price target (roughly 94% upside from the current level), providing institutional validation that could attract buyers. B. Riley Coverage
• Positive Sentiment: fuboTV added distribution (SportsNet LA carriage) and benefited from a temporary streaming access win for Dodgers viewers during an NBC dispute — these content/carriage developments can boost subscriber engagement and reduce churn. SportsNet LA Carriage
• Positive Sentiment: One outlet highlights fuboTV as a top-performing large-cap communication services name YTD, a narrative that could attract momentum traders if supported by improving fundamentals. YTD Performance Note
• Neutral Sentiment: Needham cut its price target dramatically from $36 to $15 but kept a “buy” rating — this lowers upside expectations while still signaling analyst conviction; interpret as mixed. Needham Price Target Cut
• Neutral Sentiment: Profiles and op-eds note the stock’s steep multi-quarter decline and speculate on a potential turnaround; such stories can influence sentiment but are speculative without fresh operational beats. Turnaround Commentary
• Negative Sentiment: The company completed a 1-for-12 reverse stock split, which triggered a sharp negative market reaction and immediate share weakness as investors viewed the move as a distress signal. Reverse Split Reaction
• Negative Sentiment: Shares have logged steep losses over the past 12 months and multiple headlines note broader selloffs; geopolitics and a market-wide rout amplified fuboTV’s decline in recent sessions. Market Selloff Coverage

fuboTV Company Profile

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.