In the latest trading session, 20.74 million fuboTV Inc (NYSE:FUBO) shares changed hands as the company’s beta touched 2.00. With the company’s most recent per share price at $4.05 changing hands around $0.29 or 7.71% at last look, the market valuation stands at $1.37B. FUBO’s current price is a discount, trading about -59.26% off its 52-week high of $6.45. The share price had its 52-week low at $1.10, which suggests the last value was 72.84% up since then.
Analysts gave the fuboTV Inc (FUBO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.56. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FUBO as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. fuboTV Inc’s EPS for the current quarter is expected to be -0.11.
fuboTV Inc (NYSE:FUBO) trade information
Instantly FUBO is in green as seen in intraday trades today. With action -0.25%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 221.43%, with the 5-day performance at -0.25% in the red. However, in the 30-day time frame, fuboTV Inc (NYSE:FUBO) is 1.50% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need a downside of -62.0% from its recent market value. According to analyst projections, FUBO’s forecast low is 2 with 16 as the target high. To hit the forecast high, the stock’s price needs a -295.06% plunge from its current level, while the stock would need to tank 50.62% for it to hit the projected low.
fuboTV Inc (FUBO) estimates and forecasts
Year-over-year growth is forecast to reach 18.79% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 445.17M. 6 analysts are of the opinion that fuboTV Inc’s revenue for the current quarter will be 436.91M. The company’s revenue for the corresponding quarters a year ago was 410.18M and 402.35M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.53%. The estimates for the next quarter sales put growth at 8.59%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.86%. The 2025 estimates are for fuboTV Inc earnings to increase by 42.19%, but the outlook for the next 5-year period is at 62.80% per year.
fuboTV Inc (NYSE:FUBO)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.652% or 16.92 million shares worth $20.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 8.99 shares estimated at $34.86 million under it, the former controlled 18.96% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 17.73% of the shares, roughly 8.4 shares worth around $32.59 million.
