Updated: December 7, 2025 – informational only, not financial advice.
Where FuboTV Stock Stands Right Now
After a volatile year, FuboTV Inc. (NYSE: FUBO) heads into mid‑December 2025 at around $2.85 per share, the closing price on Friday, December 5. [1]
That price leaves FUBO:
- Up more than 120% year to date but still
- Down over 55% from its 52‑week high of $6.45, and
- Well above its 52‑week low of $1.21. [2]
The company’s market cap is just under $1 billion and it trades at a trailing price‑to‑sales ratio of roughly 0.6x and a trailing P/E around 8–9x, unusually low for a streaming name but complicated by non‑recurring items and the Hulu + Live TV transaction. [3]
Technically, things look rough in the very short term:
- StockInvest.us downgraded FUBO on December 5 from Sell to Strong Sell candidate after the share price fell 1.72% to $2.85, marking losses in 7 of the last 10 sessions and a ~12% decline over that period. [4]
- Investing.com’s technical summary (daily timeframe) also flashes “Strong Sell”, with all tracked moving averages (from 5‑day to 200‑day) and key indicators like RSI (≈40), MACD and Stochastics pointing to downside pressure as of December 6. [5]
So while the story has improved fundamentally over the past year, the tape over the last few weeks has turned decisively negative.
The Big December Story: Price Cuts, Blackouts and Bargaining Power
Fubo slashes prices after NBCUniversal blackout
On December 5, 2025, Fubo quietly executed one of its most aggressive pricing moves in years. According to Cord Cutters News, Fubo permanently lowered the base prices of its two flagship plans in direct response to NBCUniversal yanking its channels from the service: [6]
- Pro plan: now $73.99/month
- Elite plan: now $83.99/month
Those represent roughly 7% and 15% cuts, respectively, versus previous pricing. New subscribers also get generous first‑month discounts ($25 off Pro and $30 off Elite), which can stack with the standard seven‑day free trial. Existing Pro and Elite customers receive a $15 bill credit on December statements, and from January 2026 their regular rate will automatically drop to the new lower prices. [7]
Fubo is explicitly framing this as a consumer‑friendly response to NBCUniversal’s demands. Instead of passing through higher carriage fees, it’s trimming prices and effectively saying: we’ll offer fewer NBCU channels, but at a cheaper price point.
What triggered the dispute with NBCUniversal?
The conflict erupted when NBCUniversal pulled its networks from Fubo on November 21, 2025, after renewal talks broke down. [8]
Key points from Fubo’s own statement and independent reporting:
- NBCU is spinning off a group of cable networks into a new company called Versant as of January 1, 2026.
- Fubo says it was willing to carry the Versant channels for one year, but NBCU wanted a multi‑year commitment, effectively locking in fees even after ownership changes. [9]
- Fubo argues NBCU is trying to force expensive non‑sports channels into its skinny sports bundle, undermining its ability to keep prices low. [10]
- Fubo also accuses NBCU of discriminatory treatment, saying YouTube TV and Amazon Prime can integrate Peacock in ways NBCU has refused to extend to Fubo. [11]
The blackout removed major brands like NBC, CNBC, MSNBC, Bravo, USA Network, Syfy, E!, Telemundo and NBC‑owned regional sports networks, hitting both news and sports fans right in the middle of the NFL season and key holiday events. [12]
From a stock‑market perspective, this cuts both ways:
- Positive spin: Fubo is defending its skinny‑bundle positioning and avoiding long, expensive commitments tied to a soon‑to‑be‑spun‑off asset.
- Negative spin: Losing NBCU channels is a real blow to perceived value, and cutting prices to offset that may weigh on ARPU and margins if subscriber additions don’t accelerate.
Fresh Analysis Since December 6: Is the Price‑Cut Strategy Backfiring?
On December 6–7, multiple research and commentary pieces zeroed in on what Fubo’s latest moves mean for the stock.
Simply Wall St: revenue softness, cash burn and reliance on Hulu
A December 7 piece from Simply Wall St notes that in Q3 2025 Fubo: [13]
- Logged its second consecutive quarterly revenue decline (North America streaming revenue down 2.3% year‑on‑year to about $368.6m).
- Saw average revenue per user (ARPU) fall, reflecting promotional activity and mix shifts.
- Continued to post negative free cash flow, despite positive Adjusted EBITDA.
The article argues that Fubo’s investment case now hinges heavily on the Hulu + Live TV merger (more on that below), and warns that the company’s bargaining power inside a Disney‑controlled bundle could be limited. Simply Wall St’s internal narrative projects: [14]
- Revenue reaching about $1.8 billion by 2028,
- Earnings around $200 million by then,
- Implied fair value near $4.50 per share, roughly ~58% upside from current levels.
However, that fair‑value view comes with big caveats: it assumes modest revenue growth (~3–4% per year), meaningful margin expansion and successful execution of merger synergies.
Bear case: price cuts, negative FCF and a struggling partner
A more skeptical take surfaced recently in a Finviz‑syndicated “bear case theory” on Fubo. The piece argues that: [15]
- Cutting prices to chase growth hasn’t proven effective so far,
- Hulu + Live TV itself has struggled to grow its subscriber base,
- Free cash flow remains negative,
- Operating expenses are rising faster than revenue, suggesting weak operating leverage.
In that view, the Hulu + Live TV merger doesn’t magically fix the economics of the vMVPD business; it simply shifts the battlefield toward scale and bundling, where Fubo will be competing under Disney’s majority control.
Q3 2025: Stronger Profitability, Softer Growth
To understand today’s debate, it’s crucial to look at the third‑quarter 2025 results, released on November 3. [16]
Revenue and subscribers
From Fubo’s official Q3 2025 release:
- North America streaming revenue:$368.6 million, down 2.3% YoY
- Rest‑of‑world revenue:$8.6 million, also slightly down YoY
- Total NA paid subscribers:1.631 million, up 1.1% YoY and a record Q3 level for the company
Management continues to stress that, despite the revenue dip, the subscriber base in North America remains near all‑time highs and that mix, advertising trends and promotional activity are driving the near‑term top‑line softness. [17]
Profitability and cash
The more positive story is on profitability: [18]
- Net loss from continuing operations:$18.9m, improved from a $54.7m loss a year earlier.
- GAAP EPS:‑$0.06 vs. ‑$0.17 in Q3 2024.
- Adjusted EPS:+$0.02, compared with ‑$0.08 a year ago.
- Adjusted EBITDA:+$6.9m, the second consecutive positive quarter and a ~$34m improvement year‑on‑year.
- Free cash flow:‑$9.4m, still negative and slightly worse than the prior year.
- Cash and equivalents:$280.3m at quarter end.
Different data providers present slightly different EPS figures depending on whether they emphasize GAAP or adjusted numbers, but they broadly agree that Fubo beat consensus estimates on both revenue and earnings for Q3.
The Hulu + Live TV Deal: Fubo Becomes a Disney‑Controlled Platform
The single biggest structural change to Fubo’s investment case in 2025 is its combination with Disney’s Hulu + Live TV business.
Deal structure and control
On October 28, 2025, Fubo and Disney announced the closing of their previously announced transaction: [19]
- All Fubo shares continue to trade under ticker FUBO on the NYSE.
- Disney now holds ~70% of the combined company; legacy Fubo shareholders own roughly 30%.
- The merged vMVPD business (Fubo + Hulu + Live TV) is now the sixth‑largest Pay TV operator in the U.S., with nearly 6 million subscribers in North America.
- David Gandler remains CEO, while a newly expanded board chaired by Andy Bird (former Disney International chair) includes several senior Disney executives.
Fubo and Hulu + Live TV still operate as separate brands and apps, but share corporate infrastructure and strategic direction under Disney’s majority ownership. [20]
Synergies and financial support
Disney and Fubo expect the combined business to benefit from: [21]
- Content cost savings via more flexible programming packaging,
- Advertising optimization using Disney’s scaled ad‑sales operation,
- Marketing efficiencies from cross‑promotion and shared campaigns, and
- Access to a $145 million term loan from Disney in 2026, bolstering liquidity.
The upside scenario for FUBO shareholders is obvious: with scale and Disney’s backing, the company could finally reach sustainable profitability, using its sports‑first positioning and new tools like the Fubo Channel Store to drive higher ARPU and lower churn. [22]
The downside scenario is equally clear: as a controlled company, Fubo’s long‑term strategy, capital allocation and even distribution deals (like the NBCU dispute) are now intertwined with Disney’s broader priorities, which may not always align with minority shareholders.
Wall Street Outlook: Moderate Upside, Mixed Ratings
Analyst ratings and price targets
Across major aggregators, the Street’s view on Fubo is cautiously constructive but far from euphoric:
- MarketBeat reports a “Moderate Buy” consensus, with a consensus price target around $4.6 – roughly 60% upside from ~$2.85. [23]
- TipRanks shows a median 12‑month target of $4.25, a high target of $5.00 and a low of $4.25, implying ~49–75% upside depending on the scenario. [24]
- TipRanks and TickerNerd count around 10–11 covering analysts, with a neutral to slightly positive overall stance: roughly 3 Buy, 4 Hold and 1 Sell ratings. [25]
- A Fintel compilation similarly pegs the average target near $4.6, with most targets clustered between $4.25 and $5.25. [26]
In short, fundamental analysts generally see upside from current levels, but not a guaranteed home run — and there’s clear disagreement on risk.
Earnings and growth expectations
MarketBeat’s forecast data indicates that earnings are expected to improve meaningfully next year, with consensus moving from a loss of about ‑$0.51 per share to around ‑$0.24. [27]
Simply Wall St’s long‑term narrative, as noted earlier, envisions revenue reaching $1.8bn by 2028 and earnings a bit over $200m, which would require continued margin expansion and successful scaling of the Hulu + Live TV combination. [28]
These forecasts underscore the central bet: Fubo doesn’t need explosive top‑line growth anymore; it needs to monetize its existing scale more efficiently through synergy capture, better ad monetization, and disciplined content spend.
Quant, Technicals and Sentiment: A Divided Picture
Short interest and ownership
According to MarketBeat, around 20% of Fubo’s free float is sold short, although that figure has eased slightly in recent weeks. Institutional ownership sits just under 40%, with insiders holding about 5%. [29]
High short interest can amplify both rallies and sell‑offs – something FUBO investors have experienced repeatedly over the last few years.
AI‑driven and quant scores
The Danelfin AI platform gives FUBO an AI Score of 6/10 (“Hold”), estimating a 57.7% probability that the stock will outperform the S&P 500 over the next three months – about 4 percentage points better than the average U.S. stock. [30]
Key takeaways from that quant view:
- The system recognizes strong momentum over the past year (FUBO is up ~126% year‑to‑date). [31]
- It also flags high volatility, heavy short interest and mixed fundamentals, leading to a non‑committal “Hold” rather than a clear buy signal.
On the more bearish side, both Investing.com and StockInvest rate FUBO as a Strong Sell from a technical standpoint, with all major moving averages flashing sell signals and the stock trading in a wide, falling short‑term trend. [32]
Key Opportunities for FuboTV Stock
From an investor’s perspective, the bull case in early December 2025 rests on a few main pillars:
- Scale and Disney backing
- The combined Fubo + Hulu + Live TV entity boasts nearly 6 million subscribers, a top‑six U.S. Pay TV footprint, and access to Disney’s ad‑sales, distribution and financing capabilities. [33]
- Improving profitability trend
- Fubo has delivered two consecutive quarters of positive Adjusted EBITDA, with sharply narrower GAAP losses, suggesting that the model can be profitable at scale even in a competitive streaming market. [34]
- Undervaluation vs. fair‑value estimates
- Multiple analytical frameworks (Street price targets and Simply Wall St’s DCF‑style fair‑value estimates) place reasonable fair value for FUBO in the mid‑$4s, implying roughly 50–60% upside from current levels if execution goes well. [35]
- Cord‑cutting tailwinds and sports focus
- Fubo remains one of the few sports‑centric live TV bundles, and continues to benefit from long‑term trends away from traditional cable toward streaming, particularly among sports fans willing to pay for live coverage. [36]
Key Risks and Red Flags
At the same time, the December news flow highlights several material risks:
- Content disputes and channel loss
- The NBCUniversal blackout, combined with Fubo’s long‑standing absence of Warner Bros. Discovery networks, significantly narrows its general‑entertainment and news offering. That could hurt retention and pricing power, especially if future disputes arise with other major programmers. [37]
- Pressure on ARPU and margins from price cuts
- Cutting Pro and Elite prices by 7–15% while offering credits and discounts may help subscriber acquisition, but if content costs don’t fall proportionally, margin compression is a real risk – exactly what some bearish analysts are watching. [38]
- Free cash flow still negative
- Even with better EBITDA, Fubo continues to burn cash, with negative free cash flow in Q3 and ongoing heavy spending on technology, marketing and content. [39]
- Disney control and integration risk
- Disney’s 70% stake means minority shareholders are effectively along for the ride on Disney’s strategic decisions, including how aggressively to prioritize profitability vs. subscriber growth, and how to handle future carriage disputes. Integration missteps or strategic shifts could undermine the standalone Fubo thesis. [40]
- High volatility and heavy short interest
- With ~20% of float sold short and a beta near 2, FUBO is structurally a high‑volatility trading vehicle, prone to sharp spikes and drawdowns on news, rumors and technical flows. [41]
Bottom Line: A High‑Beta Bet on Streaming Scale
From December 6, 2025 onward, the story around FuboTV stock has been dominated by three intertwined themes:
- Aggressive price cuts aimed at offsetting the loss of NBCUniversal networks and positioning Fubo as a cheaper sports‑first bundle.
- Growing reliance on the Hulu + Live TV merger, with Disney now in the driver’s seat of corporate control.
- A widening gap between fundamental optimism and technical pessimism, as analysts project upside while charts and short‑term technical models flash sell signals.
At around $2.85 per share, FUBO is:
- Cheap relative to many growth peers when judged on price‑to‑sales and forward earnings,
- Still very risky given content disputes, negative free cash flow and debt, and
- Extremely sensitive to news flow around integration, programming deals and regulatory developments.
For traders, FUBO remains a high‑beta, news‑driven stock that can move 5–10% in a single session on relatively modest headlines. For longer‑term investors, it looks more like a speculative bet on the success of a Disney‑backed, sports‑anchored streaming bundle than a steady compounder.
As always, this article is for information and news purposes only and should not be taken as a recommendation to buy or sell any security. Anyone considering FUBO should carefully evaluate their own risk tolerance, time horizon and portfolio needs – and be prepared for a bumpy ride.
References
1. www.investing.com, 2. stockinvest.us, 3. tickernerd.com, 4. stockinvest.us, 5. www.investing.com, 6. cordcuttersnews.com, 7. cordcuttersnews.com, 8. www.businesswire.com, 9. www.businesswire.com, 10. www.businesswire.com, 11. www.businesswire.com, 12. cordcuttersnews.com, 13. simplywall.st, 14. simplywall.st, 15. finviz.com, 16. www.businesswire.com, 17. www.businesswire.com, 18. www.businesswire.com, 19. www.businesswire.com, 20. www.businesswire.com, 21. www.businesswire.com, 22. www.businesswire.com, 23. www.marketbeat.com, 24. www.tipranks.com, 25. www.tipranks.com, 26. fintel.io, 27. www.marketbeat.com, 28. simplywall.st, 29. www.marketbeat.com, 30. danelfin.com, 31. danelfin.com, 32. www.investing.com, 33. www.businesswire.com, 34. www.businesswire.com, 35. www.tipranks.com, 36. tickernerd.com, 37. cordcuttersnews.com, 38. cordcuttersnews.com, 39. www.businesswire.com, 40. www.businesswire.com, 41. www.marketbeat.com
