Currently, fuboTV Inc [FUBO] is trading at $5.11, down -4.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FUBO shares have gain 262.41% over the last week, with a monthly amount glided 193.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
fuboTV Inc [NYSE: FUBO] stock has seen the most recent analyst activity on August 20, 2024, when Barrington Research reiterated its Mkt Perform rating. Previously, Seaport Research Partners downgraded its rating to Neutral on August 19, 2024. On July 05, 2024, Needham reiterated its Buy rating and revised its price target to $2 on the stock. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $2.50 on March 04, 2024. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $5 as its price target on December 12, 2023. In a note dated February 28, 2023, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $6 to $3.
This stock has fluctuated between a low of $1.10 and a high of $6.45 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. fuboTV Inc [NYSE: FUBO] shares were valued at $5.11 at the most recent close of the market. An investor can expect a potential drop of -60.86% based on the average FUBO price forecast.
Analyzing the FUBO fundamentals
Trailing Twelve Months sales for fuboTV Inc [NYSE:FUBO] were 1.59B which represents 20.34% growth. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.78 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.74 points at the first support level, and at 4.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.74, and for the 2nd resistance point, it is at 6.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for fuboTV Inc [NYSE:FUBO] is 0.54. Also, the Quick Ratio is 0.54, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 7.25.
Transactions by insiders
Recent insider trading involved Horihuela Alberto, Chief Operating Officer, that happened on Jan 07 ’25 when 0.4 million shares were sold. Chief Operating Officer, Horihuela Alberto completed a deal on Jan 08 ’25 to sell 29358.0 shares. Meanwhile, Chief Executive Officer Gandler David sold 1.65 million shares on Jan 07 ’25.
