FuboTV Inc. Class A (FUBO)

Over the past six months, FuboTV's stock has been impacted by several key events. The share price increased by 113.01% between November 26, 2024, and November 25, 2025. In the first quarter of 2025, FuboTV exceeded both revenue and subscriber guidance, reporting $407.9 million in revenue and 1.47 million paid subscribers in North America. However, Q2 2025 guidance reflected anticipated challenges, including a projected 14% decline in subscribers and a 10% year-over-year revenue decline, attributed to the removal of TelevisaUnivision content. Despite these headwinds, FuboTV reported strong Q3 2025 results, exceeding expectations with an EPS of -$0.06 and revenue of $377.2 million, leading to a 4.76% pre-market stock increase. The company also achieved positive adjusted EBITDA of $6.9 million for the second consecutive quarter and maintained 1.63 million North American subscribers. A significant event impacting the stock was the announcement and subsequent approval of a merger with The Walt Disney Company's Hulu + Live TV service. On October 29, 2025, Disney completed its acquisition of a 70% stake in Fubo, making the combined entity the sixth-largest pay-TV operator in the U.S. Fubo shareholders approved the planned merger on September 30, 2025.

FuboTV's products and services experience demand seasonality, primarily driven by the sports calendar. The company typically sees higher revenue and subscriber additions in the third and fourth quarters, influenced by the commencement of major sports seasons like the NFL and college football. Conversely, Fubo's Q2 2025 guidance reflected challenges tied to seasonality, indicating lower subscriber numbers during periods outside of peak sports seasons. To mitigate the impact of seasonality and retain users, Fubo aims to monetize subscribers even when they pause their subscriptions during off-seasons, partly through the introduction of free ad-supported tiers.

FuboTV, Inc., known as Fubo, is an American over-the-top (OTT) sports-first live television streaming service providing subscribers access to live sporting events, news, and entertainment content. Fubo operates within the Communication Services sector, specifically in the Broadcasting and Internet Software/Services industries. Fubo's core offering is its live TV streaming platform, with a base plan like Fubo Pro offering over 100 channels. Subscribers can enhance their experience with add-on packages, premium channels, and features like Cloud DVR Plus and Family Share. The company also produces the Fubo Sports Network, a free ad-supported streaming TV (FAST) channel, and has expanded into interactive features like predictive games and FanView. In November 2024, Fubo partnered with NBCUniversal to add 18 NBCU FAST channels to its platform.

FuboTV, Inc. has a geographic footprint that spans North America and Europe. The company serves customers in the United States, Canada, and Spain. Additionally, Fubo operates Molotov in France. The company also maintains a tech hub in Bangalore, India.

Fubo has maintained a positive brand reputation in the past year, particularly in customer satisfaction and ad engagement. The company was ranked #1 in customer satisfaction among live TV streaming providers by J.D. Power in 2022 and 2023. In March 2023, FuboTV rebranded its consumer-facing products to simply "Fubo" and launched a new brand campaign co-produced by Ryan Reynolds' Maximum Effort Productions. Research from TVision in May 2024 indicated that Fubo exceeds audience attention benchmarks for streaming platforms and linear TV. Ads on Fubo captured 35% more attention than ads on CTV in general among 25-54 year old viewers, and Fubo content captured 33% more attention than cable and 70% more than typical vMVPD norms for the same demographic.

The ownership structure of FuboTV is a mix of institutional, retail, and individual investors. Approximately 39.31% of the company's stock is held by institutional investors, including major shareholders like BlackRock, Inc., Vanguard Group Inc., Renaissance Technologies Llc, State Street Corp, and D. E. Shaw & Co., Inc. Other notable institutional owners include Apollo Management Holdings, L.P., HighTower Advisors, LLC, HB Wealth Management, LLC, and Assetmark, Inc. Vanguard owns a significant number of shares.