fuboTV Inc (NYSE: FUBO) Stock: A Game-Changer?

In the last trading session, 13.03 million shares of the fuboTV Inc (NYSE:FUBO) were traded, and its beta was 2.19. Most recently the company’s share price was $2.99, and it changed around $0.11 or 3.82% from the last close, which brings the market valuation of the company to $1.02B. FUBO currently trades at a discount to its 52-week high of $6.45, offering almost -115.72% off that amount. The share price’s 52-week low was $1.10, which indicates that the current value has risen by an impressive 63.21% since then. We note from fuboTV Inc’s average daily trading volume that its 10-day average is 15.93 million shares, with the 3-month average coming to 21.22 million.

fuboTV Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended FUBO as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. fuboTV Inc is expected to report earnings per share of -0.03 for the current quarter.

fuboTV Inc (NYSE:FUBO) trade information

Instantly FUBO has showed a green trend with a performance of 3.82% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.05 on recent trading dayincreased the stock’s daily price by 1.97%. The company’s shares are currently up 137.30% year-to-date, but still up 14.56% over the last five days. On the other hand, fuboTV Inc (NYSE:FUBO) is -6.85% down in the 30-day period. We can see from the shorts that 34.98 million shares have been sold at a short interest cover period of 1.86 day(s).

The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 14.57% from its current value. Analyst projections state that FUBO is forecast to be at a low of $3.5 and a high of $3.5.

fuboTV Inc (FUBO) estimates and forecasts

The year-over-year growth rate is expected to be 2.68%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 415.45M in revenue for the current quarter. 7 analysts expect fuboTV Inc to make 387.68M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 402.35M and 390.96M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 3.26%. Forecasts for the next quarter put sales growth at -0.84%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 19.08%.

FUBO Dividends

fuboTV Inc’s next quarterly earnings report is expected to be released on 2025-Feb-27.

fuboTV Inc (NYSE:FUBO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 3.82% of fuboTV Inc shares, and 35.99% of them are in the hands of institutional investors. The stock currently has a share float of 37.42%. fuboTV Inc stock is held by 277.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 7.1225% of the shares, which is about 22.17 million shares worth $27.49 million.

VANGUARD GROUP INC, with 5.652% or 16.92 million shares worth $20.98 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.8 shares worth $29.29 million, making up 20.67% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 8.34 shares worth around $24.95 million, which represents about 17.60% of the total shares outstanding.