B. Riley Financial began coverage on shares of fuboTV (NYSE:FUBO – Free Report) in a research note published on Friday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $18.00 price objective on the stock.
Other equities analysts also recently issued research reports about the stock. Wedbush decreased their target price on shares of fuboTV from $60.00 to $42.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Needham & Company LLC reduced their price objective on fuboTV from $51.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Zacks Research cut fuboTV from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Raymond James Financial began coverage on fuboTV in a report on Monday, December 1st. They issued a “market perform” rating on the stock. Finally, Wall Street Zen raised fuboTV from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Three 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. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $25.00.
View Our Latest Stock Report on FUBO
fuboTV Stock Down 3.9%
Insiders Place Their Bets
In other fuboTV 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 completion of the transaction, the chief executive officer owned 46,785 shares of the company’s stock, valued at approximately $1,431,621. The trade was a 23.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 74.31% of the company’s stock.
Institutional Trading of fuboTV
A number of large investors have recently made changes to their positions in FUBO. Federated Hermes Inc. lifted its position in fuboTV by 177.4% during the third quarter. Federated Hermes Inc. now owns 6,900 shares of the company’s stock valued at $29,000 after purchasing an additional 4,413 shares during the period. Byrne Asset Management LLC bought a new stake in fuboTV in the 3rd quarter worth approximately $35,000. Titleist Asset Management LLC purchased a new stake in fuboTV during the 3rd quarter valued at $42,000. Hurley Capital LLC purchased a new stake in fuboTV during the 4th quarter valued at $25,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of fuboTV by 254,550.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,186 shares of the company’s stock valued at $42,000 after buying an additional 10,182 shares during the period. 39.31% of the stock is currently owned by institutional investors.
Key fuboTV News
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
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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