FuboTV (FUBO) stock rallied today following the release of the streaming services’ Q4 2024 earnings report. It starts the report off strong with adjusted earnings per share of -2 cents beating Wall Street’s estimate of -18 cents. That’s also a massive improvement over its -24 cents reported in Q4 2023.
FuboTV also reported revenue of $443.28 million in Q4, missing analysts’ estimates of $445.78 million. That’s despite the company’s revenue increasing 8% year-over-year from $410.18 million. The Q4 earnings report also includes an average revenue per user of $87.90 in North America, an all-time high for the streaming service.
FUBO stockholders are satisfied with the company’s most recent earnings results, boosting shares 2.27% higher in pre-market trading today. That’s despite a 2.22% drop yesterday. Investors will also note that FUBO shares are up 179.37% year-to-date and 70.05% over the past 52 weeks.
FuboTV 2025 Guidance
In its latest earnings report, FuboTV provides an outlook for the first quarter of 2025. It expects revenue to range from $407.5 million to $418.5 million. For comparison, Wall Street expects the company to report revenue of $436.91 million in Q1 2025.
FuboTV’s guidance also includes North American subscribers of 1.430 million to 1.460 million, a 4% year-over-year drop at the midpoint. For the rest of the world, it expects subscribers between 330,000 to 340,000, a 16% year-over-year decrease at the midpoint.
Is FUBO Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for fuboTV is Moderate Buy based on two Buy and two Hold ratings over the last three months. With that comes an average price target of $5.72, a high of $6.40, and a low of $4.75. This represents a potential 62.5% upside for FUBO stock. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
