Citizens Jmp initiated coverage on shares of fuboTV (NYSE:FUBO – Free Report) in a report issued on Monday, Marketbeat.com reports. The brokerage issued a market outperform rating and a $13.00 price target on the stock.
Several other brokerages also recently issued reports on FUBO. Raymond James Financial initiated coverage on fuboTV in a report on Monday, December 1st. They issued a “market perform” rating for the company. Zacks Research cut fuboTV from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Needham & Company LLC dropped their target price on shares of fuboTV from $36.00 to $15.00 and set a “buy” rating on the stock in a report on Friday. Wedbush cut their price target on shares of fuboTV from $60.00 to $42.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $22.00.
Read Our Latest Research Report on FUBO
fuboTV Stock Performance
Insider Activity at fuboTV
In other news, CEO David Gandler sold 14,189 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $30.60, for a total transaction of $434,183.40. Following the completion of the transaction, the chief executive officer directly owned 46,785 shares of the company’s stock, valued at $1,431,621. This represents a 23.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 74.31% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On fuboTV
A number of hedge funds and other institutional investors have recently bought and sold shares of FUBO. Jump Financial LLC boosted its position in 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 acquiring an additional 2,436,479 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of fuboTV by 124.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock valued at $9,152,000 after purchasing an additional 2,010,463 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of fuboTV by 73.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,614,497 shares of the company’s stock valued at $19,154,000 after purchasing an additional 1,954,352 shares during the last quarter. First Trust Advisors LP lifted its position in shares of fuboTV by 378.0% in the fourth quarter. First Trust Advisors LP now owns 1,524,254 shares of the company’s stock worth $3,841,000 after purchasing an additional 1,205,393 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in shares of fuboTV in the fourth quarter worth $2,922,000. Institutional investors and hedge funds own 39.31% of the company’s stock.
fuboTV News Summary
Here are the key news stories impacting fuboTV this week:
- Positive Sentiment: Citizens JMP initiated coverage with a “market outperform” and a $13 price target (roughly a ~50% upside from the low current price), which provides buy-side support and a near-term bullish catalyst if the firm’s thesis gains traction. Benzinga
- Neutral Sentiment: B. Riley Financial started research coverage of FUBO — new coverage increases analyst attention and liquidity in the story but the note did not contain a widely publicized target or clear directional change. B. Riley Coverage
- Negative Sentiment: Needham cut its price target to $15 from a higher level, signaling lower near-term expectations and adding selling pressure on the name. Needham PT Cut
- Negative Sentiment: Multiple local outlets report fans being forced to find free ways to watch NBA and other events amid an NBC–FuboTV carriage dispute (stories mention Spurs vs. Bulls, Pistons vs. Thunder, Warriors vs. Nuggets and other games). These blackouts risk subscriber churn, brand damage and potential short-term revenue disruption. Spurs vs. Bulls Pistons vs. Thunder Warriors vs. Nuggets
- Negative Sentiment: Other listings (MLB Mets game, NASCAR Martinsville, American Idol) emphasize free ways to stream events — reinforcing the narrative that viewers are finding alternatives during distribution disputes and increasing the risk of short-term subscriber volatility. Mets Game NASCAR Martinsville American Idol
fuboTV Company Profile
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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