FuboTV Gaining Popularity North America, High Growth In Paid Subscribers Show
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 03 2024
0mins
Should l Buy FUBO?
Source: Benzinga
- FuboTV Financial Performance: FuboTV Inc's shares rose by 10% in premarket trading after reporting fiscal first-quarter 2024 results with sales growing 24% Y/Y to $402.4 million, beating analyst estimates.
- North America Streaming: Revenue in North America grew by 24% Y/Y to $394 million, with paid subscribers increasing by 18% Y/Y to 1.511 million, and average revenue per user (ARPU) rising by 10% Y/Y to $84.54.
- Rest of the World Streaming: Revenue outside North America was $8.4 million, a 7% Y/Y increase, with paid subscriber growth of 5% Y/Y to 397,000, and ARPU growing by 7% Y/Y to $7.
- Legal Matters: FuboTV remains confident in its antitrust lawsuit against The Walt Disney Co, FOX Corp, and Warner Bros. Discovery Inc over a planned sports streaming joint venture, with ongoing investigations by the Department of Justice and congressional inquiries.
- Outlook and Stock Performance: FuboTV expects second-quarter revenue of $365.5 million - $376.5 million and fiscal 2024 revenue of $1.558 billion - $1.580 billion. FUBO stock gained 34% in the last 12 months but gave up premarket gains and is down 5.16% at $1.46.
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Analyst Views on FUBO
Wall Street analysts forecast FUBO stock price to rise
5 Analyst Rating
2 Buy
3 Hold
0 Sell
Moderate Buy
Current: 1.380
Low
4.25
Averages
4.63
High
5.00
Current: 1.380
Low
4.25
Averages
4.63
High
5.00
About FUBO
FuboTV Inc. is a live television (TV) streaming company. The Company offers subscribers access to tens of thousands of live sporting events annually, alongside news and entertainment content, both live and on demand. It offers consumers a broad set of sports, including more than 55,000 live sporting events, and entertainment-focused programming offerings from Fubo and Hulu + Live TV. It owns Hulu + Live TV (entertainment), Fubo (sports) and Molotov (entertainment and sports), which stream in markets around the globe. FuboTV Inc. is an affiliate of The Walt Disney Company. The Company's platform is designed to enable customers to access content through streaming devices and on Smart TVs, mobile phones, tablets, and computers. Its platform provides with a broad suite of features and personalization capabilities, such as multi-channel viewing capabilities, favorites lists and a recommendation engine, as well as 4K streaming and Cloud DVR offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
FuboTV Shares Hit New Low Amid Earnings Miss and Guidance Withdrawal
- Earnings Report Disappointment: FuboTV's Q1 2026 revenue reached $1.55 billion, a 40% year-over-year increase that surpassed analyst expectations of $1.10 billion; however, the company reported a 2-cent loss per share, missing Wall Street's forecast of a 1-cent loss, which led to a decline in market confidence.
- Subscriber Trend Pressure: FuboTV ended the quarter with 6.2 million North American subscribers, a slight decrease from 6.3 million a year earlier, indicating stagnation in user growth and exacerbating investor concerns.
- Technical Challenges: The stock is trading significantly below key moving averages, with the 20-day SMA at $2.20 and the 50-day SMA at $2.49, reflecting a 36.4% and 43.9% drop respectively, indicating strong bearish pressure.
- Long-term Downtrend: Over the past 12 months, FuboTV's stock has fallen by 62.50%, highlighting the significant challenges it faces, prompting investors to remain cautious, especially in the absence of clear support and resistance levels.
See More
FuboTV Stock Rebounds After Q1 2026 Earnings Beat Expectations
- Earnings Surprise: FuboTV reported Q1 2026 revenue of $1.549 billion, a 40% year-over-year increase that exceeded analyst expectations of $1.096 billion, indicating strong performance in a competitive streaming market.
- Stock Rebound: Despite posting a fourth-quarter loss of 2 cents per share, missing Wall Street's estimate of a 1-cent loss, the stock rose 5.70% to $1.57 on Tuesday, reflecting market confidence in its recovery potential.
- Market Environment Impact: The stock's rebound occurred amid a favorable market, with the Nasdaq up 0.27% and the S&P 500 gaining 0.25%, suggesting that overall market sentiment positively influenced FuboTV's stock price.
- Technical Indicator Analysis: Although FuboTV is trading 30% below its 20-day simple moving average and 50% below its 100-day SMA, indicating a bearish trend, the oversold RSI at 15.92 suggests potential for a rebound in the near future.
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Disney's Earnings Report Triggers Stock Volatility
- Experiences Segment Growth: Disney's experiences segment reported $10 billion in revenue and $3.31 billion in operating income for Q1 FY2026, significantly up from $7.4 billion and $2.34 billion in Q1 FY2019, indicating strong global demand for its entertainment offerings and enhancing its competitive position in the market.
- Streaming Profitability Improvement: The streaming segment's operating income more than doubled from $189 million last year to $450 million, achieving an operating margin of 8.4%, demonstrating Disney's significant progress in cost control and profitability, with further margin growth expected in the future.
- Box Office Revenue Recovery: In 2025, Disney's global box office revenue reached $6.45 billion, marking the third-highest annual revenue in company history, driven by major hits like Avatar: Fire and Ash, with plans to maintain momentum in 2026 through anticipated releases.
- Stock Buyback Plan: Disney aims to repurchase $7 billion in stock in FY2026, supported by an anticipated $19 billion in operating cash flow, which will reduce the share count by 3.8%, enhancing earnings per share and reflecting management's confidence in the stock's value.
See More
Disney's Earnings Report Highlights High Growth Potential
- Experiences Segment Growth: Disney's experiences segment reported $10 billion in revenue and $3.31 billion in operating income for Q1 FY2026, demonstrating strong growth despite a multi-year slowdown, making it the primary driver of the company's earnings rebound.
- Streaming Profitability Improvement: The streaming segment's operating income more than doubled from $189 million last year to $450 million, achieving an operating margin of 8.4%, indicating significant progress in cost control and profitability enhancement.
- Stock Buyback Plan: Disney plans to repurchase $7 billion in stock in FY2026, supported by an anticipated $19 billion in operating cash flow, which will reduce the share count by 3.8% and accelerate earnings per share growth, reflecting management's confidence in the company's value.
- Box Office Recovery: Global box office revenue reached $6.45 billion in 2025, marking the third-highest year in company history, driven by major hits like Avatar: Fire and Ash, with plans for highly anticipated releases in 2026 to sustain this momentum.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these stocks.
- Market Focus: Analysts' views on SNAP stock have garnered investor attention, and while specific ratings are not detailed in the report, there remains a divergence in market expectations for its future performance.
- Impact of Rating Changes: The changes in ratings could influence investor decisions, especially in the current market environment where reliance on analyst opinions is heightened, potentially leading to stock price volatility.
- Further Information: For a complete view of all analyst rating changes, including upgrades, downgrades, and initiations, it is recommended to visit Benzinga's analyst ratings page for more comprehensive information and data.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Updates: Top Wall Street analysts have adjusted their ratings on several companies, reflecting the latest market sentiment towards these stocks, although specific names were not disclosed, investors should pay attention to these changes for informed decision-making.
- Impact of Rating Changes: Upgrades or downgrades in ratings can directly influence the market performance of the related stocks, prompting investors to closely monitor these shifts to timely adjust their portfolios for optimized returns.
- Market Reaction Expectations: Analyst rating adjustments often trigger immediate market reactions, particularly when investors have a high level of interest in specific stocks, potentially leading to short-term price volatility.
- Information Access Channels: Investors can visit the analyst ratings page to obtain a comprehensive view of rating changes, including upgrades, downgrades, and new initiations, thereby better grasping market dynamics.
See More
FuboTV Shares Hit New Low Amid Earnings Miss and Guidance Withdrawal
- Earnings Report Disappointment: FuboTV's Q1 2026 revenue reached $1.55 billion, a 40% year-over-year increase that surpassed analyst expectations of $1.10 billion; however, the company reported a 2-cent loss per share, missing Wall Street's forecast of a 1-cent loss, which led to a decline in market confidence.
- Subscriber Trend Pressure: FuboTV ended the quarter with 6.2 million North American subscribers, a slight decrease from 6.3 million a year earlier, indicating stagnation in user growth and exacerbating investor concerns.
- Technical Challenges: The stock is trading significantly below key moving averages, with the 20-day SMA at $2.20 and the 50-day SMA at $2.49, reflecting a 36.4% and 43.9% drop respectively, indicating strong bearish pressure.
- Long-term Downtrend: Over the past 12 months, FuboTV's stock has fallen by 62.50%, highlighting the significant challenges it faces, prompting investors to remain cautious, especially in the absence of clear support and resistance levels.
See More
FuboTV Stock Rebounds After Q1 2026 Earnings Beat Expectations
- Earnings Surprise: FuboTV reported Q1 2026 revenue of $1.549 billion, a 40% year-over-year increase that exceeded analyst expectations of $1.096 billion, indicating strong performance in a competitive streaming market.
- Stock Rebound: Despite posting a fourth-quarter loss of 2 cents per share, missing Wall Street's estimate of a 1-cent loss, the stock rose 5.70% to $1.57 on Tuesday, reflecting market confidence in its recovery potential.
- Market Environment Impact: The stock's rebound occurred amid a favorable market, with the Nasdaq up 0.27% and the S&P 500 gaining 0.25%, suggesting that overall market sentiment positively influenced FuboTV's stock price.
- Technical Indicator Analysis: Although FuboTV is trading 30% below its 20-day simple moving average and 50% below its 100-day SMA, indicating a bearish trend, the oversold RSI at 15.92 suggests potential for a rebound in the near future.
See More
Disney's Earnings Report Triggers Stock Volatility
- Experiences Segment Growth: Disney's experiences segment reported $10 billion in revenue and $3.31 billion in operating income for Q1 FY2026, significantly up from $7.4 billion and $2.34 billion in Q1 FY2019, indicating strong global demand for its entertainment offerings and enhancing its competitive position in the market.
- Streaming Profitability Improvement: The streaming segment's operating income more than doubled from $189 million last year to $450 million, achieving an operating margin of 8.4%, demonstrating Disney's significant progress in cost control and profitability, with further margin growth expected in the future.
- Box Office Revenue Recovery: In 2025, Disney's global box office revenue reached $6.45 billion, marking the third-highest annual revenue in company history, driven by major hits like Avatar: Fire and Ash, with plans to maintain momentum in 2026 through anticipated releases.
- Stock Buyback Plan: Disney aims to repurchase $7 billion in stock in FY2026, supported by an anticipated $19 billion in operating cash flow, which will reduce the share count by 3.8%, enhancing earnings per share and reflecting management's confidence in the stock's value.
See More
Disney's Earnings Report Highlights High Growth Potential
- Experiences Segment Growth: Disney's experiences segment reported $10 billion in revenue and $3.31 billion in operating income for Q1 FY2026, demonstrating strong growth despite a multi-year slowdown, making it the primary driver of the company's earnings rebound.
- Streaming Profitability Improvement: The streaming segment's operating income more than doubled from $189 million last year to $450 million, achieving an operating margin of 8.4%, indicating significant progress in cost control and profitability enhancement.
- Stock Buyback Plan: Disney plans to repurchase $7 billion in stock in FY2026, supported by an anticipated $19 billion in operating cash flow, which will reduce the share count by 3.8% and accelerate earnings per share growth, reflecting management's confidence in the company's value.
- Box Office Recovery: Global box office revenue reached $6.45 billion in 2025, marking the third-highest year in company history, driven by major hits like Avatar: Fire and Ash, with plans for highly anticipated releases in 2026 to sustain this momentum.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these stocks.
- Market Focus: Analysts' views on SNAP stock have garnered investor attention, and while specific ratings are not detailed in the report, there remains a divergence in market expectations for its future performance.
- Impact of Rating Changes: The changes in ratings could influence investor decisions, especially in the current market environment where reliance on analyst opinions is heightened, potentially leading to stock price volatility.
- Further Information: For a complete view of all analyst rating changes, including upgrades, downgrades, and initiations, it is recommended to visit Benzinga's analyst ratings page for more comprehensive information and data.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Updates: Top Wall Street analysts have adjusted their ratings on several companies, reflecting the latest market sentiment towards these stocks, although specific names were not disclosed, investors should pay attention to these changes for informed decision-making.
- Impact of Rating Changes: Upgrades or downgrades in ratings can directly influence the market performance of the related stocks, prompting investors to closely monitor these shifts to timely adjust their portfolios for optimized returns.
- Market Reaction Expectations: Analyst rating adjustments often trigger immediate market reactions, particularly when investors have a high level of interest in specific stocks, potentially leading to short-term price volatility.
- Information Access Channels: Investors can visit the analyst ratings page to obtain a comprehensive view of rating changes, including upgrades, downgrades, and new initiations, thereby better grasping market dynamics.
See More
