fuboTV (NYSE:FUBO) Upgraded at Zacks Research

Zacks Research upgraded shares of fuboTV (NYSE:FUBO) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other equities analysts have also weighed in on FUBO. Citizens Jmp assumed coverage on fuboTV in a research note on Monday, March 30th. They set a “market outperform” rating and a $13.00 price objective on the stock. Barrington Research raised fuboTV from a “market perform” rating to an “outperform” rating and set a $16.00 price objective on the stock in a research note on Tuesday. Wall Street Zen upgraded shares of fuboTV from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Needham & Company LLC cut their price objective on shares of fuboTV from $36.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, March 27th. Finally, Wedbush raised their price objective on shares of fuboTV to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.20.

fuboTV Stock Down 2.5%

FUBO stock opened at $11.75 on Wednesday. The company has a market cap of $345.07 million, a price-to-earnings ratio of 2.17 and a beta of 2.37. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.85. fuboTV has a 12 month low of $8.31 and a 12 month high of $56.64. The firm has a 50-day moving average of $14.56 and a two-hundred day moving average of $30.16.

Institutional Trading of fuboTV

A number of large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of fuboTV by 124.0% in 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 period. Dimensional Fund Advisors LP increased 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 period. First Trust Advisors LP increased its holdings 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 valued at $3,841,000 after purchasing an additional 1,205,393 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of fuboTV in the fourth quarter valued at approximately $2,922,000. Finally, Millennium Management LLC increased 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 during the period. 39.31% of the stock is owned by institutional investors and hedge funds.

fuboTV News Roundup

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: Reported short interest plunged ~89.5% to 5.96M shares as of March 31 (short‑interest ratio ~2.6 days). That large drop suggests significant short covering, which reduces near‑term downward short pressure and the risk of short‑squeeze dynamics reversing. (Source: short interest data)
• Positive Sentiment: Multiple analyst upgrades are supporting sentiment — Zacks upgraded FUBO to “strong‑buy” and other shops (Barrington Research, Wedbush) have published bullish notes, increasing buy‑side interest and media coverage. Zacks Research Upgrade TickerReport on Zacks Upgrade Wedbush Forecast Barrington Research Upgrade
• Positive Sentiment: Product/engagement catalyst: Fubo rolled out major iOS/Android app upgrades using its AI engine to optimize mobile sports highlights and on‑the‑go viewing — could boost engagement and ARPU over time. BusinessWire: Mobile App Upgrade
• Neutral Sentiment: Coverage and promotional articles point to continued visibility in sports streaming lineups (where to watch NCAA/Frozen Four, NBA stream alternatives, etc.), which supports awareness but is not an immediate financial catalyst. Frozen Four Streaming Guide NBA Streaming Alternatives
• Neutral Sentiment: Discussion about recent profitability guidance in media pieces (analyst takeaways) may attract value investors if guidance looks sustainable; this is news‑sensitive but depends on follow‑through from results. Yahoo: Profitability Guidance Article
• Negative Sentiment: Unusual options activity: investors bought ~36,029 put options on Thursday (about +107% vs. typical daily put volume). Heavy put buying signals bearish bets or hedging demand that can pressure the stock short term.

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.