During The Past Six Months, fuboTV Inc (NYSE: FUBO) Shares Took An -35.05% Jump. Here Is What We Should Expect

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During the last session, fuboTV Inc (NYSE:FUBO)’s traded shares were 6.64 million, with the beta value of the company hitting 1.82. At the end of the trading day, the stock’s price was $1.26, reflecting an intraday gain of 1.61% or $0.02. The 52-week high for the FUBO share is $3.82, that puts it down -203.17 from that peak though still a striking 12.7% gain since the share price plummeted to a 52-week low of $1.10. The company’s market capitalization is $414.97M, and the average intraday trading volume over the past 10 days was 8.27 million shares, and the average trade volume was 8.55 million shares over the past three months.

fuboTV Inc (FUBO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. FUBO has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.

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fuboTV Inc (NYSE:FUBO) trade information

fuboTV Inc (FUBO) registered a 1.61% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.61% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is -8.70%, and it has moved by 5.00% in 30 days. Based on these gigs, the overall price performance for the year is -52.45%. The short interest in fuboTV Inc (NYSE:FUBO) is 49.57 million shares and it means that shorts have 7.27 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.25, which implies an increase of 70.35% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $16 respectively. As a result, FUBO is trading at a discount of -1169.84% off the target high and -58.73% off the low.

fuboTV Inc (FUBO) estimates and forecasts

Statistics show that fuboTV Inc has outperformed its competitors in share price, compared to the industry in which it operates. fuboTV Inc (FUBO) shares have gone down -35.05% during the last six months, with a year-to-date growth rate more than the industry average at 35.62% against 23.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.86%. While earnings are projected to return 42.43% in 2024.

The next largest institutional holding, with 22.03 million shares, is of VANGUARD GROUP INC’s that is approximately 7.4733% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $34.8 million.