fuboTVNYSE: FUBO

Needham analyst Laura Martin reiterated the Buy rating on FuboTV Inc FUBO, lowering the price target to $2 from $3.

Shares of Fubo have fallen sharply this year, down nearly 98% since its all-time peak. Subscribers and revenue have grown by double-digits over the past year, but the stock is still trading 59% lower this year.

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, in agreement with NBCUniversal, today announced a multi-platform content offering for NBCU's coverage of the Games of the XXXIII Olympiad, scheduled for July 26-August 11 in Paris, France. Fubo subscribers will have access to NBCU's extensive coverage of Olympic programming, including live competition sessions (which start with team competitions on July 24), on-demand and feat.

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on June 17, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 14,591 shares of its common stock to three new employees to induce them to join Fubo. The awards were granted under Fubo's 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period followin.

fuboTV Inc. (NYSE:FUBO ) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference May 20, 2024 3:10 PM ET Company Participants Conference Call Participants Nikhil Aluru All right, we'll get started.

Fubo is facing competition from a possible new competitor in the sports streaming industry.

The key metrics for fuboTV (FUBO) in the quarter ending March 2024 offer valuable information on the company's performance, but it could be beneficial to also analyze how these metrics compare to Wall Street expectations and the previous year's results.

FuboTV Inc. saw a 7.7% increase in premarket trading on Friday following the release of better-than-expected first-quarter results, including a smaller loss than anticipated and surpassing subscriber guidance. The company remains confident in its lawsuit against Walt Disney Co., Fox Corp., and Warner Bros.

Fubo (FUBO) CEO David Gandler joins Diane King Hall to discuss the company's 4Q earnings. He talks about the sports streaming battle.