FuboTV Inc.
FUBOfuboTV Inc. (FUBO) is a sports-focused streaming service that offers live TV, on-demand content, and cloud-based DVR. Founded in 2015, it provides subscribers with access to a wide range of sports channels, news, and entertainment via internet streaming, aiming to cater to sports fans seeking an alternative to traditional cable television.
Company News
FuboTV's COO Alberto Horihuela sold 138,753 shares for approximately $438,700, primarily to cover taxes from restricted stock unit vesting. The sale does not indicate a loss of confidence in the company, especially after its recent combination with Hulu + Live TV.
Disney reported mixed quarterly earnings with streaming subscriber growth and theme park momentum, but faces challenges with YouTube TV carriage dispute and linear TV performance.
FuboTV Inc. stock has shown significant growth over the past year, with an 18.84% increase in the past month and a 195.42% increase in the past year. The company's price-to-earnings (P/E) ratio of 21.53 is lower than the industry average, suggesting potential undervaluation.
Questex's StreamTV Show is bringing together a diverse lineup of industry leaders, entertainers, and athletes for its 2025 event in Denver. The event will feature keynotes, panels, and entertainment, covering topics like streaming advertising, viewer engagement, and content distribution.
The headline numbers for fuboTV (FUBO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
