Needham & Company LLC Issues Pessimistic Forecast for fuboTV (NYSE:FUBO) Stock Price

fuboTV (NYSE:FUBO) had its price target lowered by stock analysts at Needham & Company LLC from $36.00 to $15.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 61.55% from the company’s current price.

A number of other equities analysts also recently issued reports on FUBO. Wedbush lowered their price objective on fuboTV from $60.00 to $42.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Zacks Research cut fuboTV from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. B. Riley Financial initiated coverage on shares of fuboTV in a research report on Friday. They set a “buy” rating and a $18.00 target price for the company. Wall Street Zen upgraded shares of fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Raymond James Financial started coverage on shares of fuboTV in a research report on Monday, December 1st. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, fuboTV currently has a consensus rating of “Hold” and an average price target of $25.00.

fuboTV Stock Down 3.9%

Shares of NYSE:FUBO opened at $9.29 on Friday. The firm has a market cap of $272.79 million, a P/E ratio of 1.72 and a beta of 2.14. fuboTV has a 12-month low of $9.23 and a 12-month high of $56.64. The business has a fifty day simple moving average of $18.37 and a 200 day simple moving average of $32.93. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.85.

Insider Buying and Selling at fuboTV

In other news, CEO David Gandler sold 14,189 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $30.60, for a total value of $434,183.40. Following the transaction, the chief executive officer directly owned 46,785 shares of the company’s stock, valued at $1,431,621. The trade was a 23.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 74.31% of the company’s stock.

Institutional Investors Weigh In On fuboTV

Large investors have recently added to or reduced their stakes in the business. Two Sigma Investments LP increased its holdings in fuboTV by 12.2% in the third quarter. Two Sigma Investments LP now owns 6,745,483 shares of the company’s stock worth $27,994,000 after purchasing an additional 734,142 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of fuboTV by 19.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,518,329 shares of the company’s stock worth $13,906,000 after buying an additional 903,832 shares in the last quarter. Jump Financial LLC grew its position in shares of fuboTV by 189.6% during the 2nd quarter. Jump Financial LLC now owns 3,721,263 shares of the company’s stock worth $14,364,000 after buying an additional 2,436,479 shares during the period. Goldman Sachs Group Inc. grew 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 worth $9,152,000 after buying an additional 2,010,463 shares during the period. Finally, Pacer Advisors Inc. increased its stake in shares of fuboTV by 33.5% in the 4th quarter. Pacer Advisors Inc. now owns 1,851,690 shares of the company’s stock valued at $4,666,000 after acquiring an additional 464,607 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company’s stock.

Key Stories Impacting fuboTV

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: B. Riley initiated coverage with a “buy” rating and an $18 price target (roughly 94% upside from the current level), providing institutional validation that could attract buyers. B. Riley Coverage
• Positive Sentiment: fuboTV added distribution (SportsNet LA carriage) and benefited from a temporary streaming access win for Dodgers viewers during an NBC dispute — these content/carriage developments can boost subscriber engagement and reduce churn. SportsNet LA Carriage
• Positive Sentiment: One outlet highlights fuboTV as a top-performing large-cap communication services name YTD, a narrative that could attract momentum traders if supported by improving fundamentals. YTD Performance Note
• Neutral Sentiment: Needham cut its price target dramatically from $36 to $15 but kept a “buy” rating — this lowers upside expectations while still signaling analyst conviction; interpret as mixed. Needham Price Target Cut
• Neutral Sentiment: Profiles and op-eds note the stock’s steep multi-quarter decline and speculate on a potential turnaround; such stories can influence sentiment but are speculative without fresh operational beats. Turnaround Commentary
• Negative Sentiment: The company completed a 1-for-12 reverse stock split, which triggered a sharp negative market reaction and immediate share weakness as investors viewed the move as a distress signal. Reverse Split Reaction
• Negative Sentiment: Shares have logged steep losses over the past 12 months and multiple headlines note broader selloffs; geopolitics and a market-wide rout amplified fuboTV’s decline in recent sessions. Market Selloff Coverage

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.