fuboTV (NYSE:FUBO) Posts Quarterly Earnings Results, Beats Expectations By $0.28 EPS

fuboTV (NYSE:FUBO) posted its quarterly earnings results on Wednesday. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.28, FiscalAI reports. The business had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.58 billion. fuboTV had a net margin of 5.72% and a negative return on equity of 9.67%. The firm’s quarterly revenue was up 278.1% compared to the same quarter last year. During the same period last year, the company posted $0.55 earnings per share.

Here are the key takeaways from fuboTV’s conference call:

• Profitability milestone: Trailing?12?month pro forma adjusted EBITDA exceeded $100 million and Q2 adjusted EBITDA was $37.7 million; the company reiterated FY26 pro forma adjusted EBITDA guidance of $80–100 million and a long?term target of at least $300 million by 2028.
• Ad and commercial integrations driving near?term upside: Migration of Fubo inventory to Disney’s ad server has already raised CPMs and fill rates, ESPN link?outs and a reseller arrangement for Fubo Sports (launch H1 2027) create new distribution and monetization channels.
• Subscriber and revenue trends mixed: North America subscribers were 5.7 million (down from 5.9M a year ago) while pro forma revenue grew ~1% YoY, and management said they will no longer break out Hulu+Live TV vs. Fubo subs separately.
• Product roadmap includes AI conversational features: Fubo plans to roll out an AI assistant for sports (fall) and extend it to news/entertainment to improve discovery and engagement, but benefits are early and experimental.
• Second?half cadence and one?offs: Management flagged expected deceleration in H2 adjusted EBITDA due to seasonality, increased marketing spend and the need to preserve flexibility (Q2 included a $6.5M tax?related one?time benefit), creating near?term volatility versus H1 results.

fuboTV Stock Down 15.8%

FUBO traded down $1.96 during midday trading on Wednesday, hitting $10.45. 3,784,952 shares of the company’s stock traded hands, compared to its average volume of 1,779,167. The company has a market cap of $306.87 million, a PE ratio of 1.93 and a beta of 2.50. The stock’s fifty day simple moving average is $12.57 and its 200-day simple moving average is $26.13. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.84. fuboTV has a one year low of $8.31 and a one year high of $56.64.

Wall Street Analysts Forecast Growth

FUBO has been the subject of several research reports. Barrington Research restated an “outperform” rating and set a $16.00 price target on shares of fuboTV in a report on Tuesday, April 28th. Evercore initiated coverage on shares of fuboTV in a report on Friday, May 1st. They set an “outperform” rating and a $18.00 price target for the company. Needham & Company LLC decreased their price target on shares of fuboTV from $36.00 to $15.00 and set a “buy” rating for the company in a report on Friday, March 27th. B. Riley Financial initiated coverage on shares of fuboTV in a report on Friday, March 27th. They set a “buy” rating and a $18.00 price target for the company. Finally, Wedbush raised their price target on shares of fuboTV to $24.00 and gave the stock an “outperform” rating in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, fuboTV presently has an average rating of “Moderate Buy” and an average price target of $17.33.

Hedge Funds Weigh In On fuboTV

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FUBO. Goldman Sachs Group Inc. raised its position in fuboTV by 124.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock valued at $9,152,000 after acquiring an additional 2,010,463 shares in the last quarter. Dimensional Fund Advisors LP raised its position in fuboTV by 73.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,614,497 shares of the company’s stock valued at $19,154,000 after acquiring an additional 1,954,352 shares in the last quarter. First Trust Advisors LP raised its position in fuboTV by 378.0% during the fourth quarter. First Trust Advisors LP now owns 1,524,254 shares of the company’s stock valued at $3,841,000 after acquiring an additional 1,205,393 shares in the last quarter. Balyasny Asset Management L.P. bought a new position in shares of fuboTV in the fourth quarter valued at approximately $2,922,000. Finally, Millennium Management LLC raised its position in shares of fuboTV by 791.5% in the fourth quarter. Millennium Management LLC now owns 1,164,025 shares of the company’s stock valued at $2,933,000 after purchasing an additional 1,033,453 shares during the period. Institutional investors own 39.31% of the company’s stock.

Trending Headlines about fuboTV

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: Company reported record global revenue and reaffirmed fiscal 2026 guidance, signaling management confidence in the plan and growth trajectory. Company Press Release
• Positive Sentiment: Distribution/product wins: Fubo added the ability to sign up for Hulu Plus Live TV via its platform and announced an AI assistant slated for fall — potential for better conversion/retention and product differentiation over time. CNET Article
• Neutral Sentiment: Earnings call transcript and management commentary are available for deeper inspection; investors will parse guidance detail, churn/ARPU, and content cost commentary for forward signals. Earnings Call Transcript
• Neutral Sentiment: Coverage of where to watch major sports/TV events (multiple local outlets) highlights Fubo’s continued role as a go-to live-stream source, but these items are more operational/PR than drivers of immediate stock moves. Example: dispute-driven viewing alternatives during NBA games. PennLive Sports Coverage
• Negative Sentiment: Top-line missed consensus by about $10M (reported $1.57B vs ~$1.58B expected) and some outlets framed Q2 as a revenue/earnings miss; that small miss combined with high execution scrutiny pressured sentiment. Earnings Coverage
• Negative Sentiment: Analyst metric reviews flagged mixed subscriber/ARPU signals and confusion around GAAP EPS comparisons to prior-year figures; headlines emphasizing a reported loss (and divergence in how outlets compare to estimates) amplified downside pressure. Metric Analysis

About fuboTV

fuboTV Inc is a sports-focused live TV streaming platform that provides subscribers with access to a broad range of televised sports, news and entertainment programming. The service offers tiered channel packages featuring major networks such as ESPN, Fox Sports, NBC and regional sports networks, along with bundled options for premium channels and international programming. A core element of fuboTV’s proposition is its cloud DVR functionality, which enables users to record live events and store them for later viewing.

In addition to its live television offerings, fuboTV has developed an in-house ad-supported streaming network—fubo Sports Network—that delivers original sports news, analysis and highlights.