Wedbush Forecasts Strong Price Appreciation for fuboTV (NYSE:FUBO) Stock

fuboTV (NYSE:FUBO) had its price target hoisted by research analysts at Wedbush to $24.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Wedbush’s price target would indicate a potential upside of 99.07% from the stock’s current price.

A number of other analysts also recently issued reports on the stock. Barrington Research upgraded shares of fuboTV from a “market perform” rating to an “outperform” rating and set a $16.00 price objective on the stock in a report on Tuesday. Citizens Jmp assumed coverage on shares of fuboTV in a report on Monday, March 30th. They issued a “market outperform” rating and a $13.00 price objective on the stock. Needham & Company LLC lowered their price objective on shares of fuboTV from $36.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, March 27th. Wall Street Zen upgraded shares of fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, B. Riley Financial began coverage on shares of fuboTV in a report on Friday, March 27th. They issued a “buy” rating and a $18.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, fuboTV currently has a consensus rating of “Moderate Buy” and an average price target of $17.20.

fuboTV Stock Down 3.2%

Shares of fuboTV stock opened at $12.06 on Tuesday. The business’s 50 day simple moving average is $15.20 and its 200 day simple moving average is $30.72. fuboTV has a 52-week low of $8.31 and a 52-week high of $56.64. The firm has a market cap of $354.21 million, a PE ratio of 2.23 and a beta of 2.37. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.84 and a current ratio of 0.84.

Institutional Trading of fuboTV

Several hedge funds and other institutional investors have recently modified their holdings of FUBO. Hurley Capital LLC bought a new stake in shares of fuboTV during the 4th quarter worth about $25,000. Concurrent Investment Advisors LLC bought a new stake in shares of fuboTV during the 4th quarter worth about $26,000. Federated Hermes Inc. boosted its holdings in shares of fuboTV by 177.4% during the 3rd quarter. Federated Hermes Inc. now owns 6,900 shares of the company’s stock worth $29,000 after buying an additional 4,413 shares during the period. Ground Swell Capital LLC bought a new stake in shares of fuboTV during the 4th quarter worth about $30,000. Finally, Focus Partners Wealth bought a new stake in shares of fuboTV during the 1st quarter worth about $30,000. Institutional investors own 39.31% of the company’s stock.

fuboTV News Summary

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: Management set targets to reach positive free cash flow by fiscal 2027 and material adjusted‑EBITDA growth, reframing Fubo as a path‑to‑profit story rather than pure subscriber growth — a main driver of the rally. FuboTV Shares Surge on Projection of Positive Free Cash Flow by Fiscal 2027
• Positive Sentiment: Company announced a 1‑for‑12 reverse split and emphasized integration with Disney’s Hulu + Live TV (Disney now majority owner), which investors view as reducing existential risk and improving distribution/advertising economics. FuboTV (FUBO) Is Up 31.7% After Profit Targets, Reverse Split and Disney Integration Shift Narrative
• Positive Sentiment: Sell‑side and independent analysts turned bullish — Wedbush reiterated an Outperform and raised its split‑adjusted PT to $24; Barrington upgraded to Outperform with a $16 PT — giving formal support to the optimism. FuboTV keeps Wedbush bullish with updated outlook
• Neutral Sentiment: Coverage of free live streams for NHL/NBA/MLB events shows continued consumer engagement and distribution touchpoints but offers uncertain direct impact on ARPU/EBITDA; short‑term viewership bumps are possible. Where to watch Celtics vs. Hornets NBA game free tonight during NBC and FuboTV dispute
• Neutral Sentiment: Multiple bullish writeups (Seeking Alpha, Yahoo Finance summaries) argue the company’s narrative has shifted to margin expansion and sustainable cash flow; these are supportive but hinge on execution of the Disney/Hulu wholesale strategy. FuboTV’s Surge Means Mr. Market Is Finally Growing On This Show
• Negative Sentiment: Reverse stock splits and recent volatility can deter retail liquidity and invite short‑term selling; the 1‑for‑12 split may also reset investor perception despite strategic intent. FuboTV: Reverse Split Bottom
• Negative Sentiment: Carriage/distribution friction (examples of disputes with networks) and execution risk around integrating Hulu Live assets remain real downside catalysts if negotiations or ads/wholesale deals don’t produce the modeled economics. Where to watch Celtics vs. Hornets NBA game free tonight during NBC and FuboTV dispute

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.