FuboTV (FUBO) Stock Forecast & Price Target

FuboTV Inc. reported a subscriber count of 2.038 million as of December 31, 2024, reflecting a quarter-over-quarter increase of 47,000 and an annual growth rate of 1%. The company experienced a 10% year-over-year rise in subscriber revenue for the fourth quarter of 2024, coupled with a notable increase in North American Average Revenue Per User (ARPU), which rose by 4% to $73.07. Additionally, FuboTV achieved a gross margin of 16.4%, significantly up from 9.7% in the previous year, demonstrating effective management of operational expenses and a positive trajectory in profitability.

FuboTV Inc. has experienced significant declines in financial performance, reporting a 12% year-over-year decrease in advertising revenue for the fourth quarter of 2024, which was 16% below expectations. The company also saw a notable reduction in subscriber growth, with a 55% decline in North American subscribers year-over-year and a loss of 16,000 subscribers in its international segment, reflecting broader challenges in customer retention and engagement. Additionally, FuboTV has a history of operating losses, as the costs to acquire subscribers consistently exceed current revenue generation, leading to heightened operational cash burn and posing risks associated with maintaining profitability amidst increasing competition.