fuboTV Inc. FUBO is anticipated to reveal its fourth-quarter earnings before the market opens on March 1, 2024.
Financial analysts are forecasting a quarterly loss of 31 cents per share, a marked improvement from a loss of 76 cents per share reported in the same period last year. Revenue for the quarter is expected to be around $397.66 million, up from $319.31 million in the corresponding quarter of the previous year.
Recent developments include fuboTV Inc. filing a lawsuit against major players like Fox Corp, Walt Disney Co, and Warner Bros. Discovery Inc, seeking to thwart their collaborative launch of a sports-streaming platform.
The stock price of fuboTV saw a 1.5% increase, closing at $2.07 on Thursday.
Stay updated with the latest analyst ratings on the Analyst Stock Ratings page provided by Benzinga. Users can filter ratings based on stock ticker, company name, analyst firm, rating change, and other criteria.
Exploring the ratings issued by Benzinga’s most reliable analysts:
- Wedbush analyst Michael Pachter reiterated an Outperform rating with a $5 price target on Feb. 26, 2024, boasting an accuracy rate of 71%.
- Needham analyst Laura Martin reaffirmed a Buy rating with a $4 price target on Dec. 1, 2023, showcasing a 73% accuracy rate.
- Seaport Global analyst David Joyce initiated coverage on the stock with a Neutral rating on Oct. 6, 2023, demonstrating a 67% accuracy rate.
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