fuboTV (NYSE:FUBO) Posts Earnings Results

fuboTV (NYSE:FUBO) announced its earnings results on Wednesday. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.28, FiscalAI reports. fuboTV had a net margin of 5.72% and a negative return on equity of 9.67%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the firm earned $0.55 earnings per share. The business’s revenue for the quarter was up 278.1% on a year-over-year basis.

Here are the key takeaways from fuboTV’s conference call:

• Profitability milestone: Trailing‑12‑month pro forma adjusted EBITDA exceeded $100 million and Q2 adjusted EBITDA was $37.7 million; the company reiterated FY26 pro forma adjusted EBITDA guidance of $80–100 million and a long‑term target of at least $300 million by 2028.
• Ad and commercial integrations driving near‑term upside: Migration of Fubo inventory to Disney’s ad server has already raised CPMs and fill rates, ESPN link‑outs and a reseller arrangement for Fubo Sports (launch H1 2027) create new distribution and monetization channels.
• Subscriber and revenue trends mixed: North America subscribers were 5.7 million (down from 5.9M a year ago) while pro forma revenue grew ~1% YoY, and management said they will no longer break out Hulu+Live TV vs. Fubo subs separately.
• Product roadmap includes AI conversational features: Fubo plans to roll out an AI assistant for sports (fall) and extend it to news/entertainment to improve discovery and engagement, but benefits are early and experimental.
• Second‑half cadence and one‑offs: Management flagged expected deceleration in H2 adjusted EBITDA due to seasonality, increased marketing spend and the need to preserve flexibility (Q2 included a $6.5M tax‑related one‑time benefit), creating near‑term volatility versus H1 results.

fuboTV Stock Performance

Shares of fuboTV stock traded down $1.87 during trading on Wednesday, hitting $10.53. 2,716,682 shares of the company’s stock traded hands, compared to its average volume of 1,680,951. fuboTV has a 1 year low of $8.31 and a 1 year high of $56.64. The business has a 50-day simple moving average of $12.66 and a 200-day simple moving average of $26.38. The stock has a market capitalization of $309.37 million, a P/E ratio of 1.96 and a beta of 2.50. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.84.

Hedge Funds Weigh In On fuboTV

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new stake in shares of fuboTV in the first quarter worth approximately $92,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in fuboTV by 8.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 197,353 shares of the company’s stock valued at $576,000 after purchasing an additional 14,748 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in fuboTV by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 840,262 shares of the company’s stock valued at $2,454,000 after purchasing an additional 99,482 shares during the period. Focus Partners Wealth purchased a new stake in fuboTV in the first quarter worth approximately $30,000. Finally, Creative Planning boosted its holdings in fuboTV by 17.3% in the second quarter. Creative Planning now owns 106,020 shares of the company’s stock worth $409,000 after purchasing an additional 15,602 shares during the last quarter. Institutional investors own 39.31% of the company’s stock.

Analyst Upgrades and Downgrades

FUBO has been the subject of a number of analyst reports. Zacks Research raised fuboTV from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Evercore initiated coverage on fuboTV in a report on Friday, May 1st. They issued an “outperform” rating and a $18.00 target price on the stock. Citizens Jmp initiated coverage on fuboTV in a research note on Monday, March 30th. They issued a “market outperform” rating and a $13.00 target price on the stock. B. Riley Financial initiated coverage on fuboTV in a report on Friday, March 27th. They set a “buy” rating and a $18.00 price target for the company. Finally, Wedbush lifted their price target on fuboTV to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, fuboTV presently has an average rating of “Moderate Buy” and a consensus price target of $17.33.

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.