Key Points
- fuboTV COO Alberto Horihuela sold 141,074 shares on June 11 at an average price of $10.38, totaling about $1.46 million. The sale cut his ownership by 50% and was disclosed in an SEC filing.
- The stock fell 6.5% and opened at $9.79, well below its 200-day moving average of $19.70. fuboTV still has a high beta of 2.41 and a market cap of about $288 million.
- Wall Street remains cautiously upbeat, with analysts like Needham and Citizens JMP maintaining buy-like ratings and target prices around $15-$16.83, even as Zacks downgraded the stock to hold and one analyst now rates it a sell.
fuboTV Inc. (NYSE:FUBO - Get Free Report) COO Alberto Horihuela sold 141,074 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $10.38, for a total value of $1,464,348.12. Following the sale, the chief operating officer owned 141,074 shares in the company, valued at $1,464,348.12. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
fuboTV Stock Down 6.5%
Shares of fuboTV stock opened at $9.79 on Friday. fuboTV Inc. has a twelve month low of $8.31 and a twelve month high of $56.64. The stock has a market capitalization of $288.25 million, a price-to-earnings ratio of -7.71 and a beta of 2.41. The business's 50 day simple moving average is $10.89 and its 200-day simple moving average is $19.70. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.46.
fuboTV (NYSE:FUBO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.35) by $0.28. fuboTV had a negative return on equity of 5.52% and a negative net margin of 0.90%.The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company posted $0.55 EPS. The business's revenue for the quarter was up 278.1% compared to the same quarter last year. Equities research analysts forecast that fuboTV Inc. will post -0.29 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages have issued reports on FUBO. Zacks Research lowered fuboTV from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 8th. Wedbush decreased their price target on fuboTV from $24.00 to $19.00 and set an "outperform" rating for the company in a research note on Thursday, May 7th. Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 price target on shares of fuboTV in a research note on Friday. Wall Street Zen raised fuboTV from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Citizens Jmp reaffirmed a "market outperform" rating and set a $15.00 price target on shares of fuboTV in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $16.83.
View Our Latest Report on FUBO
Institutional Investors Weigh In On fuboTV
A number of institutional investors and hedge funds have recently modified their holdings of FUBO. Goldman Sachs Group Inc. lifted its position in shares of fuboTV by 124.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company's stock valued at $9,152,000 after acquiring an additional 2,010,463 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of fuboTV by 73.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,614,497 shares of the company's stock valued at $19,154,000 after acquiring an additional 1,954,352 shares during the last quarter. First Trust Advisors LP lifted its position in shares of fuboTV by 378.0% during the 4th quarter. First Trust Advisors LP now owns 1,524,254 shares of the company's stock valued at $3,841,000 after acquiring an additional 1,205,393 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of fuboTV during the 4th quarter valued at $2,922,000. Finally, Millennium Management LLC lifted its holdings in shares of fuboTV by 791.5% in the fourth quarter. Millennium Management LLC now owns 1,164,025 shares of the company's stock valued at $2,933,000 after purchasing an additional 1,033,453 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company's stock.
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
fuboTV Company Profile
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Get Free Report)
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.
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