FUBO

In the past six months (April 2026 - October 2026), FuboTV's stock declined approximately 60% year-to-date in 2026. A 1-for-12 reverse stock split on March 23, 2026, negatively affected momentum and sentiment. Management has shifted focus to improving margins and generating sustainable cash flow. The alliance with Disney, which now owns 70% of FuboTV through the Hulu + Live TV combination, is expected to augment FuboTV's live sports brand, enhance ad monetization, and potentially lead to better wholesale economics and lower content costs. FuboTV reported Q2 fiscal 2026 results with record global revenue of $1.574 billion, though North America subscribers declined to 5.7 million from 5.9 million in Q2 fiscal 2025, and reported a net loss of $6.2 million and adjusted EBITDA of $37.7 million. For Q3 fiscal 2026, FuboTV delivered $1.482 billion in global revenue, a slight miss, but reported a narrower net loss of $25.7 million and an EPS loss of $0.25, beating analyst estimates. North America paid subscribers saw a sequential increase of 20,000, reaching 5.75 million, reflecting typical post-football-season seasonality. The company reaffirmed its fiscal year 2026 guidance and long-term financial targets, including expected positive free cash flow in fiscal 2027 and 2028.