fuboTV (NYSE:FUBO) Releases Quarterly Earnings Results, Misses Expectations By $0.14 EPS

fuboTV (NYSE:FUBO) announced its earnings results on Wednesday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.14), Briefing.com reports. fuboTV had a negative return on equity of 5.52% and a negative net margin of 0.90%.During the same period in the previous year, the business earned ($0.02) EPS. fuboTV’s revenue was up 38.0% on a year-over-year basis.

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

• Subscriber trends improved, with North American subscribers rising 2% year over year to 5.75 million and a 25,000 sequential gain, helped by World Cup programming and enhanced Spanish-language offerings.
• Advertising integration with Disney is showing early traction, including double-digit year-over-year increases in CPMs and fill rates on Fubo, while June delivered the company’s strongest ad-growth month in at least two years.
• Management raised the low end of fiscal 2026 pro forma Adjusted EBITDA guidance, now expecting $90 million–$100 million, and reiterated targets for at least $300 million of Adjusted EBITDA in fiscal 2028 and positive free cash flow in 2027 and 2028.
• Management sees substantial synergy and growth potential from the Hulu + Live TV combination, including better programming and vendor-contract economics, ESPN customer referrals, Disney+ distribution, and Disney’s advertising technology and sales scale.
• New CEO Alisa Bowen is conducting a strategic review focused on pricing and packaging, content, distribution and marketing partnerships, and product innovation, with more detailed plans expected on the November earnings call.

fuboTV Stock Performance

NYSE:FUBO traded up $0.59 during trading hours on Wednesday, reaching $10.14. 2,144,747 shares of the stock were exchanged, compared to its average volume of 1,578,732. The stock has a market capitalization of $298.52 million, a P/E ratio of -7.97 and a beta of 2.40. The firm has a 50 day simple moving average of $9.55 and a 200-day simple moving average of $13.62. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.46. fuboTV has a 52 week low of $7.95 and a 52 week high of $56.64.

Insider Buying and Selling at fuboTV

In related news, COO Alberto Horihuela sold 141,074 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $10.38, for a total transaction of $1,464,348.12. Following the sale, the chief operating officer directly owned 141,074 shares of the company’s stock, valued at approximately $1,464,348.12. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.30% of the company’s stock.

Institutional Trading of fuboTV

Several institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in shares of fuboTV by 124.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock worth $9,152,000 after buying an additional 2,010,463 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in fuboTV by 73.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,614,497 shares of the company’s stock worth $19,154,000 after acquiring an additional 1,954,352 shares during the period. First Trust Advisors LP raised its stake in fuboTV by 378.0% during the fourth quarter. First Trust Advisors LP now owns 1,524,254 shares of the company’s stock worth $3,841,000 after acquiring an additional 1,205,393 shares during the period. Balyasny Asset Management L.P. bought a new position in fuboTV in the fourth quarter worth about $2,922,000. Finally, Millennium Management LLC boosted its stake in fuboTV by 791.5% in the fourth quarter. Millennium Management LLC now owns 1,164,025 shares of the company’s stock valued at $2,933,000 after acquiring an additional 1,033,453 shares during the period. Institutional investors own 39.31% of the company’s stock.

Key fuboTV News

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: fuboTV reported record third-quarter North American subscribers, supported by demand for live sports and anticipation surrounding the 2026 FIFA World Cup. Global revenue reached approximately $1.48 billion, up about 38% year over year. FuboTV Delivers $1.48 Billion Global Revenue in Q3 FY 2026
• Positive Sentiment: Coverage highlighted continued loss reduction and strong operating momentum, while new CEO Alisa Bowen said confidence in FuboTV’s differentiated streaming offering and growth prospects has increased. She is expected to outline a broader strategy in November. FUBO CEO Teases November Strategy Reveal
• Positive Sentiment: Management emphasized the potential benefits of FuboTV’s relationship with Disney, including strategic and content advantages, as well as the potential for World Cup-related customer acquisition and engagement. Fubo’s New CEO Talks Disney Ties and World Cup Boost
• Neutral Sentiment: Analyst coverage cited an average price target of $16.83, implying potential upside, although the target does not represent a new company announcement or guarantee of future performance. FuboTV Receives $16.83 Average Price Target
• Negative Sentiment: The company reported a third-quarter GAAP loss of $0.25 per share, wider than the approximately $0.11 analyst consensus cited in coverage. Revenue also came in modestly below Wall Street estimates, creating concerns that growth has not yet translated into profitability. fuboTV Reports Q3 Loss and Lags Revenue Estimates

Wall Street Analyst Weigh In

FUBO has been the subject of a number of recent analyst reports. Citigroup restated a “market outperform” rating on shares of fuboTV in a research note on Thursday, June 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 target price on shares of fuboTV in a research report on Friday, June 12th. Citizens Jmp reiterated a “market outperform” rating and set a $15.00 target price on shares of fuboTV in a research note on Thursday, June 11th. Zacks Research downgraded shares of fuboTV from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 8th. Finally, Weiss Ratings raised shares of fuboTV from a “sell (e-)” rating to a “sell (e+)” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.83.

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.