fuboTV (NYSE:FUBO) Releases Quarterly Earnings Results, Beats Estimates By $0.28 EPS

fuboTV (NYSE:FUBO) released its earnings results on Wednesday. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.35) by $0.28, FiscalAI reports. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.58 billion. fuboTV had a negative return on equity of 7.29% and a negative net margin of 0.90%.The company’s revenue for the quarter was up 278.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.

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 Performance

Shares of fuboTV stock opened at $10.74 on Friday. The stock’s fifty day moving average is $12.50 and its two-hundred day moving average is $25.89. The company has a market capitalization of $315.66 million, a PE ratio of -8.46 and a beta of 2.50. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.85. fuboTV has a 52 week low of $8.31 and a 52 week high of $56.64.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citizens Jmp assumed coverage on fuboTV in a research report on Monday, March 30th. They set a “market outperform” rating and a $13.00 target price on the stock. Barrington Research reissued an “outperform” rating and set a $16.00 target price on shares of fuboTV in a research report on Tuesday, April 28th. Evercore initiated coverage on fuboTV in a research report on Friday, May 1st. They issued an “outperform” rating and a $18.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of fuboTV in a research report on Friday, April 24th. Finally, B. Riley Financial initiated coverage on fuboTV in a research report on Friday, March 27th. They issued a “buy” rating and a $18.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.50.

Hedge Funds Weigh In On fuboTV

Several hedge funds have recently bought and sold shares of FUBO. Two Sigma Investments LP lifted its holdings in shares of fuboTV by 12.2% in the 3rd quarter. Two Sigma Investments LP now owns 6,745,483 shares of the company’s stock worth $27,994,000 after buying an additional 734,142 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of fuboTV by 19.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,518,329 shares of the company’s stock worth $13,906,000 after buying an additional 903,832 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of fuboTV by 124.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,631,853 shares of the company’s stock worth $9,152,000 after buying an additional 2,010,463 shares during the period. First Trust Advisors LP lifted its holdings in shares of fuboTV by 378.0% in the 4th quarter. First Trust Advisors LP now owns 1,524,254 shares of the company’s stock worth $3,841,000 after buying an additional 1,205,393 shares during the period. Finally, Jump Financial LLC lifted its holdings in shares of fuboTV by 134.8% in the 4th quarter. Jump Financial LLC now owns 1,355,475 shares of the company’s stock worth $3,416,000 after buying an additional 778,275 shares during the period. Institutional investors own 39.31% of the company’s stock.

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.