Stocks of fuboTV Inc (FUBO) are poised to climb above their peers

With 16.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.88 million shares. During the session, the Broadcasting company that operates in wider Communication Services sector, reached to the highest price of $1.55 whereas the lowest price it dropped to was $1.44. The 52-week range on FUBO shows that it touched its highest point at $3.82 and its lowest point at $1.10 during that stretch. It currently has a 1-year price target of $2.38. Beta for the stock currently stands at 1.75.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FUBO was up-trending over the past week, with a rise of 2.82%, but this was down by -18.44% over a month. Three-month performance dropped to -12.57% while six-month performance rose 18.70%. The stock lost -53.94% in the past year, while it has lost -54.09% so far this year. A look at the trailing 12-month EPS for FUBO yields -0.67 with Next year EPS estimates of -0.33. For the next quarter, that number is -0.18. This implies an EPS growth rate of 42.17% for this year and 45.13% for next year.

Float and Shares Shorts:

At present, 334.09 million FUBO shares are outstanding with a float of 319.69 million shares on hand for trading. On 2024-11-15, short shares totaled 36.19 million, which was 1083.0 higher than short shares on 1728950400. In addition to Mr. Edgar Miles Bronfman Jr. as the firm’s Executive Chairman, Mr. David Gandler serves as its Co-Founder, CEO & Director.

Institutional Ownership:

Through their ownership of 0.37127998 of FUBO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FUBO reported revenue of $386207000.0 and operating income of -$58632000.0. The EBITDA in the recently reported quarter was -$46263000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FUBO since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FUBO analysts setting a high price target of 3.0 and a low target of 2.0, the average target price over the next 12 months is 2.42. Based on these targets, FUBO could surge 105.48% to reach the target high and rise by 36.99% to reach the target low. Reaching the average price target will result in a growth of 65.75% from current levels.

Analysts have provided yearly estimates in a range of -$0.52016 being high and -$0.69896 being low. For FUBO, this leads to a yearly average estimate of -$0.60143. The surprise factor in the prior quarter was -$0.08. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.08.