Fubo Stock Forecast: FUBO stock price is up 11%, with strong volume. trade just under $10.


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Fubo Stock Forecast January 28: Shares of FuboTv Inc are expected to trade between $7.4 and $9.5 in the next 24 hours.

The current outlook is Positive(Positive: 60%, Negative: 40%)

2 analysts

FuboTV is trading at 9.59% higher at $9.71 during the current trading session.

Metric

Value

Tendency

Volume

9.8 million

Higher

Average Volume

0.17 million

N / A

PE before (1 year)

-3.31

N / A

FUBO Inventory Forecast

Fubo Stock Forecast: Summary of Dynamics

Momentum Indicator

Indicator Direction

Price

Higher

Volume

Higher

Performance vs. NASDAQ

Higher

Technical Indicator

To sell

social media buzz

Negative

Fubo Stock Forecast: Performance table

Action name

One day

5 days

1 month

1 year

+9.82%

+3.74%

-38.75%

-75.61%

Fubo Stock Forecast: Technical Analysis

Source

Support

Resistance

Recommendation

$7.48 (S3)

$9.50 (R1)

To sell

$7.47 (S3)

$9.49 (R1)

To sell

Fubo Stock Forecast: Latest news and forecast tweets from FuboTv

$FUBO understands that this is a macro problem. Meaning Meaning $FUBO has many more disadvantages. We will probably see setbacks, but they are unlikely to be major.

Just keep this and other momentums on your watchlist and trade when the market says the stock is in play.

Originally tweeted by The Notorious Global Macro (@TheNotoriousGM) to January 28, 2022.

$FUBO – Broken below the trend now we see the retest, quick pop so I think we will retest the 8.77 double bottom and if that can’t hold $8 is in sight

Sitting in $FUBO 2/4/22 8 PUT

FKH1 tRVQAAWPko

Originally tweeted by 𝙎𝙩𝙤𝙘𝙠𝘿𝙧𝙚𝙖𝙢𝙨 (@StockDreamss) to January 27, 2022.

Fubo Stock Forecast: FuboTv Social Media Sentiments

Social Media Sentiment Period

Positive feeling

negative feeling

Sharp feeling

Last 7 days

7.6%

8.3%

-0.7%

Last 24 hours

3.7%

9.1%

-5.4%

FUBO (Fubotv Inc) Stock Technical Analysis | 01/20/2022

Fubo Stock Forecast: Monster Q3 Quarter

FuboTV announced on 3rd quarter ending 30and September 9and November after market hours. The results were impressive and exceeded market expectations

  • FuboTv posted revenue of $156.7 million in the fiscal third quarter, up 156% from the same quarter a year earlier. Last year people were stuck at home and looking for entertainment, but the growth in income when the economy reopens and people have more to do outside of their homes is impressive.
  • Subscription revenue grew over 150% to $138.1 million, while subscriber base grew 108% year-over-year to 944,605 ​​at the end of the third quarter . The company official also said that by the end of October, they had surpassed one million subscribers.
  • Management expects the momentum to continue and has raised its outlook for the next quarter with revised revenue guidance from $612 million to $617 million, which would represent a 135% year-over-year increase. compared to the previous forecast of 116%.
  • FuboTv also announced the acquisition of French company Molotov SAS, one of the leading live TV streaming services. The purchase is expected to cost $190 million.

FuboTv crashes over 20% of posted revenue.

  • Despite the explosive revenue growth numbers, FuboTv fell more than 20% and it’s hard to believe what exactly disappointed investors. Some believe this is another quarter with a loss in net income and it posted a loss of $105.9 million.
  • Additionally, the company’s cash from operations was negative $143 million. It’s a troubling sign for the company because it ended the third quarter with $393 million of cash on its balance sheet and it can’t sustain those losses without raising additional capital by selling stock or borrowing money. silver.
  • Earnings per share came in at -$0.74 while Street expected -$0.61. The sale of FuboTv could be the investor’s signal to management to secure a more sustainable growth trajectory.

Fubo Stock Forecast: Future Prospects for FuboTV

  • On November 3, FuboTv launched Fubo Sportsbook, an online betting service, in the United States starting with Iowa. The sports betting service is integrated with live TV services to broaden the horizon of the business.
  • Last year, trading Fubo was a risky proposition. It was going up and down like a roller coaster and it was not prudent for ideal investors. But things have started to calm down in the last 2 months as it is no longer the target of reddit traders like it was last year.
  • It’s also possible that the short-term crowd will target the stock again like it did in January this year and that Fubo stock could revisit its 52-week high at $62 depending on market capacity. business to generate revenue and reduce losses.
  • FuboTv is set to benefit from a number of partnerships, such as a multi-year partnership with Fubo Sportsbook, to become the club’s official betting partner. Fubo Sportsbook is expected to debut during the 2021-22 NFL season. This is the first mobile sports betting parlor allowed at MetLife Stadium.
  • Through its partnership, FuboTv’s growth trajectory is expected to accelerate in 2022. By 2025, analysts estimate that FuboTv is expected to reach 2 million subscribers and revenue to grow at a compound annual growth rate of nearly 60%, which is well above market expectations. .
  • The stock is expected to hit new highs, but it won’t happen overnight. The partnerships should pay off in a few years, revenues should grow at a healthy pace, and this will transform the company’s balance sheet from profit to profit that will fuel the rise in the share price.

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Note: Crowdwisdom360 gathers forecasts and data from all over the net and has no internal views on likely trends in the index or individual coins. Please consult a registered investment advisor to guide you in your financial decisions.

Fubo Stock Forecast: FUBO falls more than 1%, outlook remains strongly negative

Karen J. Nelson