Barrington upgraded FuboTV (FUBO) to Outperform from Market Perform with a $16 price target The company’s updated financial outlook calls for EBITDA of $80M-$100M for fiscal 2026, improving to $300M in fiscal 2028, the analyst tells investors in a research note. FuboTV also expects to generate positive free cash flow in 2027, Barrington points out. The firm believes FuboTV’s greater scale and its potential for stronger advertising monetization create opportunities for improved profitability.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FUBO:
- Midday Fly By: Neurocrine to acquire Soleno, Oracle hires new CFO
- FUBO TV Rockets 20% Higher as Boss Gandler Hails “Strongest Financial Position” in its History
- FuboTV sees FY26 pro forma adjusted EBITDA $80M-$100M
- FuboTV sees FY28 adjusted EBITDA of at least $300M
- Now Streaming: Netflix weighs expanding NFL package
