Price is now coming down to a very low risk zone for a long swing position. First, I could be all wrong here and maybe FUBO will not make a substantial move up. That said, price is less than $1 from recent lows so consider the risk to reward. Buy the stock or give yourself time in calls. FuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets.
FuboTV has only been the subject of 2 research reports in the past 90 days. You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
View FUBO analyst ratings or view top-rated stocks. FuboTV saw a increase in short interest in October. As of October 31st, there was short interest totaling 47,800,000 shares, an increase of 7.2% from the October 15th total of 44,570,000 shares. Based on an average daily trading volume, of 15,800,000 shares, the short-interest ratio is currently 3.0 days. This post follows the trade idea posted on 30 March.
- First, I could be all wrong here and maybe FUBO will not make a substantial move up.
- The company provided earnings per share guidance of for the period.
- FuboTV has a short interest ratio (“days to cover”) of 3, which is generally considered an acceptable ratio of short interest to trading volume.
- MarketBeat has tracked 8 news articles for fuboTV this week, compared to 10 articles on an average week.
- In the past three months, fuboTV insiders have not sold or bought any company stock.
Raised $150 million in an IPO on Thursday, October 8th 2020. The company issued 15,000,000 shares at $9.00-$11.00 per share. Sign-up to receive the latest news and ratings for fuboTV and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of fuboTV is -1.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. One share of FUBO stock can currently be purchased for approximately $3.21.
The company is headquartered in New York, New York. Even though I wonder if World Cup – American soccer – will help this stock rally, this trade idea is purely technical with low risk. You can see an expanded weekly chart to see how few times price has dipped below $4.00. Notice how long RSI and stochastic have lingered in oversold territory, and on a weekly chart this is unusual.
This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.45 average news sentiment score of Consumer Discretionary companies. FuboTV has a short interest ratio (“days to cover”) of 3, which is generally considered an acceptable ratio of short interest to trading volume. FuboTV has received a consensus rating of Hold.
6 equities research analysts have issued 12-month target prices for fuboTV’s stock. Their FUBO share price forecasts range from $4.25 to $16.00. On average, they expect the company’s share price to reach $8.11 in the next year. This suggests a possible upside of 152.6% from the stock’s current price.
Only 9.30% of the stock of fuboTV is held by insiders. 12 people have added fuboTV to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days. FuboTV does not have a long track record of dividend growth.
Insiders that own company stock include Alberto Horihuela, David Gandler, Edgar Bronfman Jr and John Janedis. FuboTV updated its fourth quarter 2022 earnings guidance on Friday, November, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $282.50 million-$288.50 million, compared to the consensus revenue estimate of $275.60 million. 42.59% of the stock of fuboTV is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
FUBO Stock – Frequently Asked Questions
The company’s average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating. If FUBO can get a weekly close this month above above its 1W 20D MA, $3.75, it could gap up by the end of the year to its 50D MA, currently sitting at $12.86. The market conditions appear to be turning a corner, and FUBO finally beat its EPS estimate in Q2 2022, losing less than expected this past quarter. The fundamentals of the business model are questionable,…
Yes i know last time i charted this, the stock got completely destroyed due to the market conditions and inflation. Again, it is looking interesting to me here. They also The Counter Trend Move just got the Serie A rights and Premier League rights in Canada along with the betting. FuboTV’s stock is owned by a variety of retail and institutional investors.
FuboTV to Participate in Upcoming Investor Conferences
View analysts price targets for FUBO or view top-rated stocks among Wall Street analysts. 6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for fuboTV in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” FUBO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FUBO, but not buy additional shares or sell existing shares.
Real-time analyst ratings, insider transactions, earnings data, and more. FuboTV’s stock was trading at $15.52 on January 1st, 2022. Since CM Trading: Is it a scam? then, FUBO stock has decreased by 79.3% and is now trading at $3.21. Reclusive trader scores 20 straight years of winning trades.
The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Earnings for fuboTV are expected to grow in the coming year, from ($3.00) to ($2.37) per share.
And he gives you the name and ticker of the one stock that could put you on the road to financial success. In the past three months, fuboTV insiders have not sold or bought any company stock. MarketBeat has tracked 8 news articles for fuboTV this week, compared to 10 articles on an average week. 24.47% of the outstanding shares of fuboTV have been sold short. According to analysts’ consensus price target of $8.11, fuboTV has a forecasted upside of 152.6% from its current price of $3.21.