fuboTV (NYSE:FUBO) Posts Quarterly Earnings Results, Misses Estimates By $0.14 EPS

fuboTV (NYSE:FUBO) issued its quarterly earnings data on Wednesday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.14), Briefing.com reports. fuboTV had a negative return on equity of 5.52% and a negative net margin of 0.90%.During the same period in the prior year, the business earned ($0.02) earnings per share. The business’s quarterly revenue was up 38.0% compared to the same quarter last year.

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

• Subscriber trends improved, with North American subscribers rising 2% year over year to 5.75 million and a 25,000 sequential gain, helped by World Cup programming and enhanced Spanish-language offerings.
• Advertising integration with Disney is showing early traction, including double-digit year-over-year increases in CPMs and fill rates on Fubo, while June delivered the company’s strongest ad-growth month in at least two years.
• Management raised the low end of fiscal 2026 pro forma Adjusted EBITDA guidance, now expecting $90 million–$100 million, and reiterated targets for at least $300 million of Adjusted EBITDA in fiscal 2028 and positive free cash flow in 2027 and 2028.
• Management sees substantial synergy and growth potential from the Hulu + Live TV combination, including better programming and vendor-contract economics, ESPN customer referrals, Disney+ distribution, and Disney’s advertising technology and sales scale.
• New CEO Alisa Bowen is conducting a strategic review focused on pricing and packaging, content, distribution and marketing partnerships, and product innovation, with more detailed plans expected on the November earnings call.

fuboTV Price Performance

FUBO stock traded up $0.64 during trading hours on Wednesday, hitting $10.19. 2,032,631 shares of the stock traded hands, compared to its average volume of 1,578,220. The stock has a 50-day simple moving average of $9.55 and a 200 day simple moving average of $13.62. The company has a market cap of $299.91 million, a P/E ratio of -8.03 and a beta of 2.40. fuboTV has a one year low of $7.95 and a one year high of $56.64. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.46.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Citizens Jmp reissued a “market outperform” rating and issued a $15.00 price target on shares of fuboTV in a research note on Thursday, June 11th. Zacks Research cut shares of fuboTV from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Citigroup reaffirmed a “market outperform” rating on shares of fuboTV in a research note on Thursday, June 11th. Weiss Ratings upgraded shares of fuboTV from a “sell (e-)” rating to a “sell (e+)” rating in a report on Friday, May 8th. Finally, Barrington Research reiterated an “outperform” rating and set a $16.00 price objective on shares of fuboTV in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.83.

Insider Buying and Selling

In other fuboTV news, COO Alberto Horihuela sold 141,074 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $10.38, for a total value of $1,464,348.12. Following the completion of the sale, the chief operating officer directly owned 141,074 shares of the company’s stock, valued at approximately $1,464,348.12. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.30% of the company’s stock.

Institutional Trading of fuboTV

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hurley Capital LLC bought a new stake in shares of fuboTV in the 4th quarter worth approximately $25,000. Focus Partners Wealth bought a new stake in fuboTV during the first quarter worth approximately $30,000. First Trust Advisors LP acquired a new position in fuboTV in the second quarter worth approximately $44,000. CTC Alternative Strategies Ltd. acquired a new position in fuboTV in the second quarter worth approximately $54,000. Finally, WINTON GROUP Ltd bought a new position in shares of fuboTV in the fourth quarter valued at $37,000. 39.31% of the stock is currently owned by institutional investors.

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.