fuboTV Inc. (NYSE:FUBO – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $12.02 and last traded at $13.5120, with a volume of 889155 shares trading hands. The stock had previously closed at $13.20.
fuboTV News Summary
Here are the key news stories impacting fuboTV this week:
- Positive Sentiment: Some investors view the 1-for-12 reverse split as a potential repositioning move (it can reduce float and help maintain listing compliance), which could be a step toward stabilizing the stock if management delivers operational progress. FuboTV Slumps 14% After Reverse Stock Split
- Neutral Sentiment: Options activity is unusually high, indicating elevated speculative positioning and volatility — this can amplify short‑term price swings but does not itself change fundamentals. fuboTV Sees Unusually High Options Volume
- Neutral Sentiment: Trading was temporarily halted for “FUBO” for a listed corporate action (timing consistent with reverse split implementation), a mechanical event that often precedes split-adjusted trading. (Corporate action trading halt reported by market sources.)
- Negative Sentiment: The market reacted sharply negative to the reverse split, interpreting it as a signal of financial stress; heavy selling and elevated volume pushed shares sharply lower as retail investors largely remain unconvinced. Why fuboTV (FUBO) Shares Are Falling Today
- Negative Sentiment: Ongoing carriage/dispute issues with NBC are causing blackouts of live NBA games in some markets — a material risk for a live-sports streamer because it can drive subscriber churn and reduce ad/revenue for the near term. Where to watch Nuggets vs. Suns Where to watch Magic vs. Cavaliers
Analysts Set New Price Targets
Several analysts have issued reports on FUBO shares. Needham & Company LLC cut their target price on shares of fuboTV from $51.00 to $36.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Zacks Research cut fuboTV from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Wall Street Zen upgraded fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Raymond James Financial initiated coverage on fuboTV in a research report on Monday, December 1st. They set a “market perform” rating on the stock. Finally, Wedbush reduced their price objective on fuboTV from $60.00 to $42.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $39.00.
fuboTV Stock Performance
The firm’s fifty day moving average price is $19.25 and its 200 day moving average price is $33.45. 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 firm has a market capitalization of $318.63 million, a PE ratio of 2.01 and a beta of 2.14.
Insider Transactions at fuboTV
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 transaction, the chief executive officer owned 46,785 shares in the company, valued at $1,431,621. The trade was a 23.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 74.31% of the company’s stock.
Institutional Investors Weigh In On fuboTV
Several institutional investors have recently made changes to their positions in FUBO. 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 worth $29,000 after buying an additional 4,413 shares during the last quarter. Farther Finance Advisors LLC raised its position in fuboTV by 47.7% during the fourth quarter. Farther Finance Advisors LLC now owns 15,045 shares of the company’s stock valued at $38,000 after acquiring an additional 4,859 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in fuboTV by 13.2% in the third quarter. Kestra Private Wealth Services LLC now owns 42,757 shares of the company’s stock valued at $177,000 after acquiring an additional 5,000 shares during the last quarter. USAdvisors Wealth Management LLC lifted its stake in fuboTV by 4.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 150,731 shares of the company’s stock valued at $379,000 after acquiring an additional 6,200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in fuboTV by 4.2% in the second quarter. The Manufacturers Life Insurance Company now owns 171,039 shares of the company’s stock worth $660,000 after acquiring an additional 6,857 shares in the last quarter. 39.31% of the stock is currently owned by institutional investors and hedge funds.
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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