FUBO Stock Summary and Trading Ideas (Fubotv | NYSE:FUBO)

FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, FuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality best suited to their preferences. The operating segment of the group is Streaming. It has a business presence in the United States and other international countries.

Fubotv trades on the NYSE stock market under the symbol FUBO.

As of November 15, 2024, FUBO stock price declined to $1.51 with 8,146,091 million shares trading.

FUBO has a beta of 1.24, meaning it tends to be more sensitive to market movements. FUBO has a correlation of 0.05 to the broad based SPY ETF.

FUBO has a market cap of $504.48 million. This is considered a Small Cap stock.

Last quarter Fubotv reported $375 million in Revenue and -$.08 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.10.

In the last 3 years, FUBO traded as high as $25.30 and as low as $.96.

The top ETF exchange traded funds that FUBO belongs to (by Net Assets): IWM, VTI, VXF, IWN, SCHA.

FUBO has underperformed the market in the last year with a price return of -48.5% while the SPY ETF gained +32.1%. However, in the short term, FUBO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.1% vs +8.0% return in SPY. But in the last 2 weeks, FUBO shares have been beat by the market, returning -13.2% compared to an SPY return of +3.0%.

FUBO support price is $1.50 and resistance is $1.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FUBO shares will trade within this expected range on the day.