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FuboTV Announces 1-for-12 Reverse Stock Split Approval

Story Highlights
  • FuboTV’s board approved a 1-for-12 reverse stock split effective March 23, 2026.
  • The reverse split sharply reduces outstanding shares to align structure and attract institutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FuboTV Announces 1-for-12 Reverse Stock Split Approval

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fuboTV ( (FUBO) ) has provided an announcement.

On March 20, 2026, FuboTV Inc.’s board approved a 1-for-12 reverse stock split, with the action scheduled to take effect at 5:00 p.m. ET on March 23, 2026 and the Class A shares to begin trading on a split-adjusted basis on March 24, 2026 under the existing “FUBO” ticker. Hulu, LLC, which holds sufficient voting power, had previously consented in writing to the move, underscoring major shareholder backing for the capital structure change.

The reverse split will consolidate every twelve shares of FuboTV’s Class A and Class B common stock into one share, cutting outstanding Class A shares from about 353.2 million to 29.4 million and Class B shares from about 947.9 million to 79.0 million. The company aims to better align its share count with its size and enhance the stock’s marketability, particularly among institutional investors, with proportional adjustments to equity awards and convertible notes and cash paid in lieu of fractional shares.

The most recent analyst rating on (FUBO) stock is a Buy with a $1.50 price target. To see the full list of analyst forecasts on fuboTV stock, see the FUBO Stock Forecast page.

Spark’s Take on FUBO Stock

According to Spark, TipRanks’ AI Analyst, FUBO is a Neutral.

The score is driven primarily by improving operating performance but still-elevated financial risk due to ongoing negative free cash flow and only modest balance-sheet cushion. Technicals materially weaken the outlook given a strong downtrend and bearish momentum signals. Valuation is supportive via a low P/E, while the earnings call was moderately positive on integration/profitability progress but tempered by lack of guidance and content-renewal uncertainty.

To see Spark’s full report on FUBO stock, click here.

More about fuboTV

FuboTV Inc. is a streaming television company focused on live sports, news, and entertainment, offering subscription-based over-the-top TV services primarily to consumers in the U.S. and other select markets. The company competes in the crowded streaming and connected TV landscape, targeting cord-cutters and sports fans seeking an alternative to traditional pay-TV bundles.

Average Trading Volume: 14,255,749

Technical Sentiment Signal: Sell

Current Market Cap: $1.5B

Find detailed analytics on FUBO stock on TipRanks’ Stock Analysis page.

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