Summary:
- FuboTV's (FUBO, Financial) Q1 performance reveals a mixture of positive and negative results.
- Analysts provide a one-year average price target of $4.37, indicating a potential 49.15% upside.
- The company holds a "Hold" recommendation with a cautionary GF Value downside prediction.
FuboTV (FUBO) reported its first-quarter earnings, showcasing a blend of outcomes where certain figures exceeded expectations, yet others underperformed. The company has issued guidance for Q2, reflecting a cautious investor outlook due to ongoing market uncertainties.
Wall Street Analysts' Insights
Analysts have proposed one-year price targets for FuboTV Inc (FUBO, Financial), averaging at $4.37, with estimates spanning from a high of $6.40 to a low of $2.60. This consensus suggests a notable upside potential of 49.15% from the current price of $2.93. For more in-depth analysis, refer to the FuboTV Inc (FUBO) Forecast page.
The consensus recommendation from 8 brokerage firms rates FuboTV Inc (FUBO, Financial) at 2.6, which corresponds to a "Hold" position. The rating system ranges from 1 (Strong Buy) to 5 (Sell), indicating a moderate stance from analysts.
Exploring the GF Value
According to GuruFocus estimates, the projected GF Value for FuboTV Inc (FUBO, Financial) over the next year is calculated at $2.25, suggesting a potential downside of 23.21% from the current price of $2.93. The GF Value represents GuruFocus' estimated fair trading price, derived from historical trading multiples, past business growth, and future business performance projections. For further details on these metrics, visit the FuboTV Inc (FUBO) Summary page.
