Stock Track | FuboTV Soars 5.46% in Night Session on Multiple Analyst Upgrades and Price Target Increases

Stock Track04-08

Shares of fuboTV Inc. (FUBO) soared 5.46% during night session trading on Tuesday, as the streaming service provider attracted significant investor interest following a series of positive analyst actions.

The substantial price increase was driven by multiple analyst upgrades and price target revisions. Barrington Research upgraded fuboTV to "Outperform" from "Market Perform" with a $16 price target, citing improved financial expectations following the company's combination with Disney's Hulu Live TV business. Wedbush adjusted its price target to $24 from $3.5 while maintaining an Outperform rating, and Citizens analyst Matthew Condon raised the firm's price target to $15 from $13, keeping an Outperform rating.

These coordinated analyst actions highlighted fuboTV's enhanced financial outlook, with the company now expecting EBITDA of $80-100 million for fiscal 2026, rising to $300 million by fiscal 2028, and anticipating positive free cash flow in 2027. The improved valuation targets and upgraded ratings from multiple research firms boosted investor confidence in the streaming platform's growth prospects.

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