Amazon Leads 5 Stocks Near Buy Points Post-Earnings, Fubotv Earns Relative Strength Rating Upgrade, Fubotv Hits 80-Plus Relative Strength Rating Benchmark, Stock Upgrades: Fubotv Shows Rising Relative Strength, Fubotv Shows Improved Relative Strength; Still Shy Of Benchmark, Sports-Centric Live TV Streamer FuboTV Scores Big Second-Quarter Beat, Dow Jones Futures: $1.2 Trillion Infrastructure Bill Lifts Dow, S&P 500 To Highs As Micron Hits Growth; IPOs Upstart, FuboTV Are Big Earnings Movers. Fubo is our other recommendation here because it has a ton of sports coverage, and all three of the above channels. The company had slightly more than 300,000 subscribers in 2019, but it was up to 455,000 paid subscribers as of the quarter ended Sept. 30, representing a 58% gain over the prior-year period. On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Yet again, thats set to come in below analysts revenue estimate of $88.29 million for the period. See what's happening in the market right now with MarketBeat's real-time news feed. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. So despite fuboTV's impressive revenue growth, the market seems to believe that a positive and growing bottom line remains key. Authors may own the stocks they discuss. According to analysts' consensus price target of $4.85, fuboTV has a forecasted upside of 325.4% from its current price of $1.14. fuboTV has only been the subject of 3 research reports in the past 90 days. fuboTV, Inc. operates as a sports-first, live TV streaming company. Our daily ratings and market update email newsletter. fuboTV (FUBO) Set to Announce Earnings on Friday - MarketBeat S&P 500 4,135.35 DOW Stocks are for suckers try this instead (Ad) Stocks are for suckers try this instead (Ad) [BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad) Stocks are for suckers try this instead (Ad) Stocks are for suckers try this instead (Ad) Ahead of Fubos May 5 earnings call it seems investors are preparing for near universal subscriber drops. Invest better with The Motley Fool. Fubo is slipping as part of Netflix-induced streaming slump. How to watch King Charles III's coronation without going to Get access to free IBD eventsonline & in-person! Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. During the regular session Tuesday, FuboTV stock slipped 1.6% to close at 33.13. 1125 N. Charles St, Baltimore, MD 21201. Should You Be Too? But the sharp share price increase has also driven the valuation to lofty levels. As of 1 p.m. Eastern, FUBO stock is down more than 10% as investors price in poor tech earnings and continued Fedspeak. Interestingly, theres little news to speak of when it comes to FuboTV today. Stock market today: Asian stocks dip on economy worries But that should come after they have read the other opinions and thought through all the factors making up the growth story. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. FuboTV (FUBO) shares tumbled Wednesday even though the sports-focused streaming video service smashed analyst estimates for new subscribers in the third quarter. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. The live streaming platform FuboTV (NYSE:FUBO) is suffering losses today seemingly as a reaction to Netflixs (NASDAQ:NFLX) recent earnings report. The costs are adding up, and in the nine months ended Sept. 30, fuboTV lost $143 million in cash from operations. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Investors have been holding their breath as analysts forecasted a second potentially detrimental quarter for one of the original streaming services. That's up from 44.2 million at the same time last year. After spiking more Get fuboTV News Delivered to You Automatically. But losses continue too, meaning the company may need to raise more money. For instance, a hypothetical $100 million in net profit would come to $2.26 in earnings per share at 44.2 million shares outstanding. Why FUBO Stock Price | fuboTV Inc. Stock Quote (U.S.: JPMorgan Rescues First Republic. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. After the quarter ended, FuboTV crossed the milestone of 1 million subscribers. Asian shares are trading mostly lower as worries about the health of global economies grew after a tumble on Wall Street, despite some better-than-expected Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. There is little direct news related to Fubo this morning, so the companys drop is likely attributable to Netflixs recent report. Invest better with The Motley Fool. With fuboTV's losses continuing, investors are perhaps foreseeing that the company might need to sell yet more shares to sustain this level of growth. NYSE:FUBO fuboTV - FUBO News Today $1.27 +0.10 (+8.55%) (As of 04/11/2023 03:28 PM ET) *Average returns of all recommendations since inception. WebFUBO fuboTV Inc 62,776 Watch Buy $1.14 $0.05 (4.59%) Today $1.15 0.01 (0.88%) After Hours Market Cap $239.05M Volume (M) 9.97M 52-Wk High $8.14 52-Wk Low $0.96 FuboTV investors have yet to realize that "the emperor has no clothes," the report said.