fuboTV (NYSE:FUBO) Upgraded at Wall Street Zen

fuboTV (NYSE:FUBO) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other research firms have also recently weighed in on FUBO. Wedbush decreased their price objective on shares of fuboTV from $24.00 to $19.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Weiss Ratings raised shares of fuboTV from a “sell (e-)” rating to a “sell (e+)” rating in a research note on Friday, May 8th. Zacks Research lowered shares of fuboTV from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Citigroup reissued a “market outperform” rating on shares of fuboTV in a research note on Thursday. Finally, Citizens Jmp reissued a “market outperform” rating and set a $15.00 target price on shares of fuboTV in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, fuboTV currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.83.

fuboTV Price Performance

FUBO stock opened at $9.79 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.99 and a quick ratio of 0.99. fuboTV has a 1 year low of $8.31 and a 1 year high of $56.64. The company has a 50 day simple moving average of $10.89 and a 200 day simple moving average of $19.70. The stock has a market cap of $288.25 million, a price-to-earnings ratio of -7.71 and a beta of 2.41.

fuboTV (NYSE:FUBO) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.28. fuboTV had a negative net margin of 0.90% and a negative return on equity of 5.52%. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the prior year, the company posted $0.55 EPS. The company’s revenue was up 278.1% on a year-over-year basis. Research analysts anticipate that fuboTV will post -0.29 EPS for the current fiscal year.

Insider Activity

In other news, COO Alberto Horihuela sold 141,074 shares of fuboTV stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $10.38, for a total transaction of $1,464,348.12. Following the completion of the transaction, the chief operating officer directly owned 141,074 shares in the company, valued at $1,464,348.12. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 74.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FUBO. Two Sigma Investments LP lifted its position in shares of fuboTV by 12.2% during the third quarter. Two Sigma Investments LP now owns 6,745,483 shares of the company’s stock valued at $27,994,000 after purchasing an additional 734,142 shares in the last quarter. Dimensional Fund Advisors LP lifted its position 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 valued at $13,906,000 after purchasing an additional 903,832 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of 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 in the last quarter. Pacer Advisors Inc. lifted its position in shares of 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 in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of fuboTV by 378.0% during the fourth 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 in the last quarter. 39.31% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting fuboTV

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: fuboTV reached a new distribution agreement with NBCUniversal, ending a six-month blackout and restoring NBC programming to the service just ahead of the World Cup, which should improve subscriber value and reduce a key content risk. fuboTV (FUBO) Stock Trades Up, Here Is Why
• Positive Sentiment: Needham, Citizens JMP, and Barrington Research all reaffirmed bullish ratings on fuboTV, with price targets of $15 to $16, signaling Wall Street expects meaningful upside from current levels. Needham rating update
• Positive Sentiment: Multiple World Cup-related articles highlighted fubo as a top way to stream the 2026 FIFA World Cup, including exclusive 4K coverage of all 104 matches on the Elite plan, which could help attract subscribers and boost engagement. FuboTV World Cup 4K Push Tests Sports Streaming Growth Story

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.