Analyst Laura Martin of Needham maintained a Buy rating on fuboTV, boosting the price target to $4.25.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Laura Martin’s rating is based on several positive indicators from fuboTV’s recent performance. The company reported key financial metrics for the second quarter of 2025 that exceeded expectations, including subscriber growth, revenue, EBITDA, net loss, and cash balances. These results were notably higher than anticipated, prompting an upward revision of estimates.
Additionally, fuboTV demonstrated strong operating leverage, with EBITDA reaching $20 million, which is double the initial estimate. Revenue also surpassed projections by 6%. The company is advancing its strategic initiatives, such as the anticipated earlier closing of a significant deal with DIS, expected in the latter half of 2025 or early 2026. These factors collectively contribute to a positive outlook, supporting the Buy rating.
In another report released on July 26, TR | OpenAI – 4o also upgraded the stock to a Buy with a $4.00 price target.