Barrington Research upgraded shares of fuboTV (NYSE:FUBO – Free Report) from a market perform rating to an outperform rating in a research note issued to investors on Tuesday, Marketbeat.com reports. Barrington Research currently has $16.00 target price on the stock.
A number of other research analysts have also recently commented on FUBO. Citizens Jmp began 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. B. Riley Financial began coverage on fuboTV in a research note on Friday, March 27th. They set a “buy” rating and a $18.00 price objective on the stock. Wedbush reduced their price objective on fuboTV from $60.00 to $42.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Needham & Company LLC reduced their price objective on fuboTV from $36.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded fuboTV from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.20.
Get Our Latest Stock Report on FUBO
fuboTV Price Performance
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Hurley Capital LLC acquired a new position in shares of fuboTV in the fourth quarter worth about $25,000. Concurrent Investment Advisors LLC bought a new stake in fuboTV in the fourth quarter valued at about $26,000. Federated Hermes Inc. increased its holdings in fuboTV by 177.4% in the third quarter. Federated Hermes Inc. now owns 6,900 shares of the company’s stock valued at $29,000 after buying an additional 4,413 shares during the last quarter. Ground Swell Capital LLC bought a new stake in fuboTV in the fourth quarter valued at about $30,000. Finally, Focus Partners Wealth bought a new stake in fuboTV in the first quarter valued at about $30,000. 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: Management published multi‑year adjusted‑EBITDA targets (long‑term target roughly ~$300M) and an updated cash/EBITDA outlook tied to the Hulu Live integration, signaling a shift from growth-at-all-costs to margin expansion and sustainable cash flow — a direct catalyst for the rally. Fubo Releases Adjusted EBITDA Outlook
- Positive Sentiment: Strategic distribution tie‑ups with Disney/Hulu/ESPN and increased Disney ownership were highlighted as reducing existential risk and supporting wholesale fee arrangements that should lift margins. Seeking Alpha: Surge & Disney backing
- Positive Sentiment: Analyst upgrades and higher price targets followed the update: Wedbush reiterated Outperform and raised its split‑adjusted price target to $24 (large implied upside), and Barrington upgraded to Outperform with a $16 target — these notes add buy‑side validation and likely contributed to the volume spike. Proactive: Wedbush keeps bullish
- Neutral Sentiment: Market headlines and coverage noted a sharp intraday jump and high trading volume as media summarized the company outlook; that amplified attention but is secondary to fundamentals. Yahoo: Shares Skyrocket
- Neutral Sentiment: Local TV‑guide style pieces (how to watch shows/games) appeared alongside investor coverage — useful for consumer awareness but unlikely to move the stock materially on their own. MassLive: American Idol watch info
- Negative Sentiment: Company fundamentals and technicals still carry risk: FUBO trades well below its 50‑day and 200‑day moving averages, liquidity ratios (quick/current ~0.84) are below 1.0 and leverage exists (debt/equity ~0.85). The stock’s recovery depends on execution of the Hulu integration and realization of the EBITDA/cash targets. Seeking Alpha: Reverse split & outlook
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.
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