Shares of FuboTV Inc. (NASDAQ:FUBO) are trading higher Tuesday after two firms adjusted their price targets and ratings of the stock.
- FuboTV stock is charging ahead with explosive momentum. Why is FUBO stock surging?
Analysts Turn More Positive On FUBO
Wedbush analyst Alicia Reese maintained an Outperform and raised the price target to $24 while Barrington Research’s James Good upgraded FuboTV to Outperform and set a price target of $16.
The positive analyst coverage comes a day after FuboTV guided for adjusted EBITDA of $80 million to $100 million in fiscal 2026 and at least $300 million in fiscal 2028, alongside a plan to exit 2026 with at least $200 million in cash.
The company also guided for positive free cash flow in fiscal 2027 and fiscal 2028 under the current operating plan.
FuboTV stock carries a consensus Buy rating with an average price target of $9.87.
FUBO Stock Trend Remains Lower
FuboTV is trading 4.7% above its 20-day simple moving average (SMA), which suggests short-term dip-buying is showing up. At the same time, it’s trading 49.7% below its 100-day SMA, which indicates the intermediate trend is still pointed down.
Moving average structure remains a headwind: the 20-day SMA is below the 50-day SMA, and the death cross in December (50-day SMA below the 200-day SMA) reflects a longer-running bearish trend backdrop. The moving average convergence divergence (MACD), a trend/momentum measure, is slightly constructive with the MACD above the signal line, suggesting downside pressure is easing rather than accelerating.
- Key Resistance: $15.00 — a level where prior rallies have stalled, making it a key breakout test.
- Key Support: $8.50 — near the recent low zone, where buyers previously defended the stock.
The longer-term picture is still defined by damage: the stock is down 61.22% over the last 12 months, which is backward-looking but frames why rebounds can be sharp and choppy. Within the 52-week range ($8.31 to $56.64), price is much closer to the low than the high, suggesting positioning remains defensive despite today’s lift.
FUBO Shares Rise Tuesday
FUBO Stock Price Activity: FuboTV shares were up 3.48% at $12.49 at the time of publication on Tuesday, according to Benzinga Pro data.
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