Fubo Stock Forecast 2022: JP Morgan’s Report rates FUBO Neutral

FUBO Stock: Latest Price

FUBO Stock Forecast 2022: Stock Performance Data

FUBO Stock Forecast 2022: Financial Parameters of the company

FUBO Stock: Latest Tweets

Originally tweeted by Nate Davis (@Nate_Davis) on April 11, 2022.

$fubo has an ugly chart… even with revs + subs going up, the price keeps going down. likely bc everyone knows how much the broadcast rights they are locking up cost… however, with those rights secured, it does open some interesting doors. looking at leaps if 5.6 holds

FUBO Stock Forecast 2022: Q4 Results 

Fubo is an US Based television content streaming company. The company offers a range of content – Sports like NFL, NBA, MLB, MLS etc as well as News, TV Series and Movies.

Fubo Tv announced Q4 results

• Revenue of $638 million, growth of 144%
• 1.13 million total paid subscribers, growth of 106%
• Adjusted Contribution Margin (ACM) was positive 9.7% growth of 104 basis points (bps) YoY

Read Fubo Stock Forecast: Daily

FUBO Stock Forecast 2022: Price Target

The next 12-month price targets for Fubo as estimated by the analysts, with a high target of $16 and a low target of $12.

Price Targets For Next 12 Months

FUBO Stock Forecast 2022: Outlook For 2022

In recent times, Fubo has signed agreements with various companies and acquired digital rights for coverage of UEFA championship matches through Fox sports and is also working on Fubo Sportsbook which is an official mobile sports betting platform.

Based on the metrics, Fubo is performing well compared to the other companies in the same field. Fubo Tv is focusing on customers who prefer cable subscriptions while Fubo tv charges less than a cable subscription to attract customers. Fubo is likely to spend more money on customer acquisitions in the upcoming years.

Risks: Fubo had an easier time during the pandemic as the people were at home but now in the post-pandemic period Fubo has to work really hard to acquire new customers and also to retain them.

-Rakesh Atla

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