fuboTV Inc [NYSE: FUBO] price plunged by -0.29 percent to reach at -$0.01.
A sum of 6674106 shares traded at recent session while its average daily volume was at 15.33M shares. fuboTV Inc shares reached a high of $3.47 and dropped to a low of $3.3512 until finishing in the latest session at $3.4.
The one-year FUBO stock forecast points to a potential upside of 21.48. The average equity rating for FUBO stock is currently 2.43, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on fuboTV Inc [FUBO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FUBO shares is $4.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FUBO stock is a recommendation set at 2.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barrington Research have made an estimate for fuboTV Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on August 20, 2024. The new note on the price target was released on August 19, 2024, representing the official price target for fuboTV Inc stock. Previously, the target price had yet another drop from $3 to $2, while Needham kept a Buy rating on FUBO stock.
The Price to Book ratio for the last quarter was 2.90, with the Price to Cash per share for the same quarter was set at 0.94. Price to Free Cash Flow for FUBO in the course of the last twelve months was 7.94 with Quick ratio for the last quarter at 0.70.
FUBO Stock Performance Analysis:
fuboTV Inc [FUBO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.82. With this latest performance, FUBO shares dropped by -0.29% in over the last four-week period, additionally sinking by -33.46% over the last 6 months – not to mention a rise of 169.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FUBO stock in for the last two-week period is set at 48.64, with the RSI for the last a single of trading hit 0.18, and the three-weeks RSI is set at 0.19 for fuboTV Inc [FUBO]. The present Moving Average for the last 50 days of trading for this stock 3.29, while it was recorded at 3.42 for the last single week of trading, and 2.75 for the last 200 days.
Insight into fuboTV Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and fuboTV Inc [FUBO] shares currently have an operating margin of -9.43% and a Gross Margin at 12.47%. fuboTV Inc’s Net Margin is presently recorded at 4.30%.
Return on Equity for this stock inclined to 5.96%, with Return on Assets sitting at 5.96%.
fuboTV Inc [FUBO] Institutonal Ownership Details
There are presently around $40.35%, or 41.81% of FUBO stock, in the hands of institutional investors. The top three institutional holders of FUBO stocks are: BLACKROCK INC. with ownership of 22.17 million shares, which is approximately 7.1225%. VANGUARD GROUP INC, holding 16.92 million shares of the stock with an approximate value of $$20.98 million in FUBO stocks shares; and VANGUARD GROUP INC, currently with $$10.38 million in FUBO stock with ownership which is approximately 2.6903%.
