Why Are FuboTV Shares Sliding On Thursday?

by | Feb 19, 2026 | General

Shares of FuboTV Inc. (NYSE:FUBO) are declining on Thursday, caught in a broader market environment where major indices are trading lower.

While the tech-heavy Nasdaq is down 0.68% and the S&P 500 is down 0.66% in recent trading, the sports-first streamer is significantly underperforming its sector.

The Catalyst

FuboTV’s current downturn aligns with continued pressure following its first-quarter 2026 financial report. Despite reporting a revenue beat of $1.55 billion against analyst expectations of $1.10 billion, the company posted a 2-cent loss per share.

Investor sentiment remains dampened by the company’s decision to stop providing forward guidance and the announcement of a planned reverse stock split with a ratio between 1-for-8 and 1-for-12.

Technical Analysis

FuboTV has been on a downward trajectory over the past year, with a 67.75% decline. The stock is currently trading at $1.31, just 2 cents above its 52-week low of $1.29, indicating a precarious position near its lowest valuation point in the past year.

This price is significantly below all key moving averages, highlighting a strong bearish trend: 34% below the 20-day SMA, 46.7% below the 50-day SMA, 58.2% below the 100-day SMA, and 61.8% below the 200-day SMA.

The technical indicators reinforce the bearish outlook. The RSI is at 16.06, signaling an oversold condition which might typically suggest a potential reversal or relief rally.

Earnings & Analyst Outlook

FuboTV is slated to provide its next financial update on May 1.

  • EPS Estimate: Loss of 6 cents (Down from a loss of 2 cents YoY)
  • Revenue Estimate: $1.59 billion (Up from $405.96 million YoY)
  • Valuation: P/E of 4.1x (Indicates value opportunity)

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $3.63. Recent analyst moves include:

  • Wedbush: Outperform (Lowers Target to $3.50) (Feb. 5)
  • Seaport Global: Upgraded to Buy (Target $3.00) (Feb. 5)
  • Needham: Buy (Lowers Target to $3.00) (Feb. 3)

FUBO Price Action: FuboTV shares were down 6.06% at $1.24 at the time of publication on Thursday, according to Benzinga Pro data.

Photo by Anna Quelhas via Shutterstock