fuboTV (NYSE:FUBO) Price Target Raised to $24.00 at Wedbush

fuboTV (NYSE:FUBO) had its price target hoisted by Wedbush to $24.00 in a research report released on Tuesday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other research firms also recently weighed in on FUBO. Citizens Jmp assumed coverage on fuboTV in a report on Monday, March 30th. They set a “market outperform” rating and a $13.00 price objective on the stock. Needham & Company LLC cut their target price on shares of fuboTV from $36.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, March 27th. Wall Street Zen upgraded shares of fuboTV from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Barrington Research upgraded shares of fuboTV from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research note on Tuesday. Finally, B. Riley Financial assumed coverage on shares of fuboTV in a research note on Friday, March 27th. They issued a “buy” rating and a $18.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, fuboTV currently has an average rating of “Moderate Buy” and an average target price of $17.20.

fuboTV Stock Up 2.9%

NYSE FUBO opened at $12.43 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.85. The stock’s 50 day moving average is $15.53 and its two-hundred day moving average is $30.99. The company has a market capitalization of $365.08 million, a price-to-earnings ratio of 2.30 and a beta of 2.37. fuboTV has a 1-year low of $8.31 and a 1-year high of $56.64.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Hurley Capital LLC bought a new position in shares of fuboTV in the fourth quarter valued at approximately $25,000. Concurrent Investment Advisors LLC bought a new position in shares of fuboTV in the fourth quarter valued at approximately $26,000. Federated Hermes Inc. raised its stake in shares of 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 acquiring an additional 4,413 shares during the last quarter. Ground Swell Capital LLC bought a new position in shares of fuboTV in the fourth quarter valued at approximately $30,000. Finally, Focus Partners Wealth bought a new position in fuboTV in the 1st quarter worth approximately $30,000. Institutional investors own 39.31% of the company’s stock.

fuboTV News Roundup

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

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.