fuboTV (NYSE:FUBO) Price Target Cut to $15.00 by Analysts at Needham & Company LLC

fuboTV (NYSE:FUBO) had its target price trimmed by Needham & Company LLC from $36.00 to $15.00 in a report published on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently commented on FUBO. Raymond James Financial started coverage on fuboTV in a research note on Monday, December 1st. They issued a “market perform” rating for the company. Zacks Research downgraded fuboTV from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Wall Street Zen upgraded fuboTV from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. B. Riley Financial began coverage on fuboTV in a research report on Friday. They set a “buy” rating and a $18.00 price target on the stock. Finally, Wedbush decreased their price objective on shares of fuboTV from $60.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, fuboTV currently has a consensus rating of “Hold” and an average target price of $25.00.

fuboTV Price Performance

Shares of FUBO stock opened at $9.29 on Friday. The firm has a fifty day moving average of $18.37 and a two-hundred day moving average of $32.93. The firm has a market cap of $272.79 million, a P/E ratio of 1.72 and a beta of 2.14. fuboTV has a 1-year low of $9.23 and a 1-year high of $56.64. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.84.

Insider Buying and Selling

In other news, CEO David Gandler sold 14,189 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $30.60, for a total transaction of $434,183.40. Following the completion of the transaction, the chief executive officer directly owned 46,785 shares of the company’s stock, valued at approximately $1,431,621. This represents a 23.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 74.31% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Federated Hermes Inc. boosted its position in fuboTV by 177.4% during the 3rd quarter. Federated Hermes Inc. now owns 6,900 shares of the company’s stock valued at $29,000 after purchasing an additional 4,413 shares during the period. Farther Finance Advisors LLC increased its position in fuboTV by 47.7% in the fourth quarter. Farther Finance Advisors LLC now owns 15,045 shares of the company’s stock worth $38,000 after buying an additional 4,859 shares during the period. Kestra Private Wealth Services LLC lifted its stake in fuboTV by 13.2% in the third quarter. Kestra Private Wealth Services LLC now owns 42,757 shares of the company’s stock valued at $177,000 after buying an additional 5,000 shares during the last quarter. USAdvisors Wealth Management LLC lifted its stake in fuboTV by 4.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 150,731 shares of the company’s stock valued at $379,000 after buying an additional 6,200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of fuboTV by 4.2% during the second quarter. The Manufacturers Life Insurance Company now owns 171,039 shares of the company’s stock valued at $660,000 after acquiring an additional 6,857 shares during the period. Institutional investors and hedge funds own 39.31% of the company’s stock.

fuboTV News Roundup

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: B. Riley initiated coverage with a “buy” rating and an $18 price target (roughly 94% upside from the current level), providing institutional validation that could attract buyers. B. Riley Coverage
• Positive Sentiment: fuboTV added distribution (SportsNet LA carriage) and benefited from a temporary streaming access win for Dodgers viewers during an NBC dispute — these content/carriage developments can boost subscriber engagement and reduce churn. SportsNet LA Carriage
• Positive Sentiment: One outlet highlights fuboTV as a top-performing large-cap communication services name YTD, a narrative that could attract momentum traders if supported by improving fundamentals. YTD Performance Note
• Neutral Sentiment: Needham cut its price target dramatically from $36 to $15 but kept a “buy” rating — this lowers upside expectations while still signaling analyst conviction; interpret as mixed. Needham Price Target Cut
• Neutral Sentiment: Profiles and op-eds note the stock’s steep multi-quarter decline and speculate on a potential turnaround; such stories can influence sentiment but are speculative without fresh operational beats. Turnaround Commentary
• Negative Sentiment: The company completed a 1-for-12 reverse stock split, which triggered a sharp negative market reaction and immediate share weakness as investors viewed the move as a distress signal. Reverse Split Reaction
• Negative Sentiment: Shares have logged steep losses over the past 12 months and multiple headlines note broader selloffs; geopolitics and a market-wide rout amplified fuboTV’s decline in recent sessions. Market Selloff Coverage

fuboTV Company Profile

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.