fuboTV Inc. (FUBO) Stock Price & How to Invest

fuboTV Inc. (NYSE: FUBO) is a live-TV streaming platform built around sports. It bundles live sports, news, and entertainment channels delivered over the internet, positioning itself as a cable-replacement service for viewers who want a broad lineup of live games without a traditional satellite or cable subscription. The company makes money in two main ways: recurring subscription fees from its monthly streaming plans, which are the dominant revenue source, and a growing advertising business that monetizes its live-viewing audience through ad-supported inventory across its content. Fubo has historically carried a relatively high monthly average revenue per user for a streaming service because its plans are priced like a pay-TV bundle rather than a single on-demand app.

Fubo went public in 2020 (after merging with FaceBank Group) and spent its early years chasing rapid subscriber growth while absorbing heavy content and sports-rights costs, which produced large losses. It later wound down an experimental sports-wagering segment to refocus on the core streaming business and a path to profitability. The defining event came on January 6, 2025, when Fubo and The Walt Disney Company announced an agreement to combine Disney's Hulu + Live TV business with Fubo. After clearing a U.S. Department of Justice review, the deal closed on October 29, 2025, with Disney owning approximately 70% of the combined company and existing Fubo shareholders holding roughly 30%. Fubo's management team, led by co-founder and CEO David Gandler, continued to run the combined business, which became the sixth-largest pay-TV provider in the U.S. with approximately 6 million subscribers at closing.

The core risk is economic: live-TV streaming carries very high programming and sports-rights costs, which keep gross margins thin and have historically driven large net losses; Fubo reported roughly $85 million in net losses over the trailing twelve months and a pro forma net loss in Q1 2026 even as adjusted EBITDA turned positive. Subscriber counts have been roughly flat to slightly down on a pro forma basis, so growth is not assured, and the category faces intense competition from YouTube TV, Sling, DirecTV Stream, and the entertainment giants themselves. Integration risk from the Disney combination is real, and with Disney owning roughly 70% of the company, minority public shareholders have limited control and are exposed to how Disney chooses to steward the asset. The stock has also been highly volatile, with market capitalization estimates ranging widely in 2026.

8 analysts publish price targets on FUBO, averaging $17.00 against a $8.85 price as of August 2026, or +92.1%. The published targets run from $12.00 to $23.00, a moderate spread, and the ratings split 8 buy, 2 hold, 0 sell. Over the last six months there has been 1 raise and 2 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full FUBO forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on fuboTV Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Scale From the Disney Combination. Merging Hulu + Live TV into Fubo roughly tripled the subscriber base to about 6.2 million in North America and combined the two businesses into one of the largest virtual pay-TV operators in the country. The most optimistic published target, $23.00, assumes this works close to its best case.

The case against. The core risk is economic: live-TV streaming carries very high programming and sports-rights costs, which keep gross margins thin and have historically driven large net losses; Fubo reported roughly $85 million in net losses over the trailing twelve months and a pro forma net loss in Q1 2026 even as adjusted EBITDA turned positive. The most pessimistic target, $12.00, is roughly what FUBO is worth if this bites instead.

Read the full bull and bear case on FUBO, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see fuboTV Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$5.3 billion (reported); ~$6.2 billion on a pro forma combined basis
• North America Subscribers: ~6.2 million (combined, as of Q1 2026)
• ARPU: Subscription ARPU runs high for streaming (priced like a pay-TV bundle, historically in the mid-to-high $80s per month); exact combined figure varies by disclosure
• Net Loss (TTM): ~$85 million reported; Q1 2026 reported net loss ~$19 million (pro forma net loss ~$46 million)
• Adjusted EBITDA (Q1 2026, pro forma): ~$41 million positive
• Market Capitalization: Volatile and source-dependent in 2026, ranging from roughly $350 million to over $1 billion; post-merger share structure changed materially with Disney holding ~70%

Fubo's financials shifted dramatically after the October 2025 combination with Hulu + Live TV, so trailing reported figures and pro forma combined figures can differ widely and should be read together. The business is still posting GAAP net losses driven by high content and sports-rights costs, even as pro forma adjusted EBITDA has turned positive, which is the gap the profitability thesis hinges on. Market capitalization has been unusually volatile in 2026 and varies by source and date, partly because Disney's roughly 70% ownership reshaped the public float and share structure; treat any single market-cap number as a snapshot rather than a stable anchor.

These are the investment theses FUBO naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to FUBO: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get FUBO exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so FUBO sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where FUBO fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

FUBO today is a sports-led virtual pay-TV operator whose story changed materially when Disney's Hulu + Live TV business merged into it on October 29, 2025, leaving Disney with roughly 70% ownership and creating a combined base of about 6.2 million North America subscribers. The near-term driver is integration of that larger base alongside a growing, higher-margin advertising business and a path toward positive adjusted EBITDA. If you believe sports-anchored live TV remains a durable category and the Disney combination gives Fubo the content and scale to defend it, the question becomes sizing and overlap with other media or communication-services holdings, not timing; the risk is that content and sports-rights costs keep GAAP losses negative, subscribers stay roughly flat or decline, and larger competitors continue to pressure pricing.

Whether FUBO is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is FUBO a buy or a sell?, and where the stock could go from here in the FUBO stock forecast.

For income investors, whether FUBO pays a dividend and how the payout looks is covered in does FUBO pay a dividend? And to weigh FUBO against a peer, read the full side-by-side comparisons: FUBO vs AAPL and FUBO vs AMZN.