Barrington Research upgrades FuboTV to 'outperform'; shares rise

FuboTV

07/04/2026 15:33

** Streaming company FuboTV's FUBO.N shares rise 5.8% to $12.77

** Barrington Research upgrades co to "outperform" from "market perform"

** Wedbush raises PT to $24 from $3.5 - an upside of 99% from stock's last close

** Barrington cites improved financial expectations following FUBO's combination with Disney's Hulu Live TV business

** Co now expects EBITDA of $80-100 mln for fiscal 2026, rising to $300 mln by fiscal 2028, with positive free cash flow anticipated in 2027

** Barrington says key drivers include the trajectory of rates FUBO receives from Hulu Live TV subscribers, which currently operates at a discount but will improve by fiscal 2028

** Including session's moves, stock up 57.8% YTD

 (Reporting by Ragini Mathur in Bengaluru)

 ((Ragini.Mathur@thomsonreuters.com;))