The stock is likely to react positively to the strong earnings beat and the clear, ambitious path to profitability. Traders should watch for continued subscriber growth and margin expansion as key indicators of whether the company can meet its aggressive EBITDA targets. The reverse stock split announcement is a neutral corporate action but may improve stock liquidity.
Price Chart
Executive Summary
FuboTV announced a strong EBITDA outlook, guiding for $80-100M in Pro Forma Adjusted EBITDA for fiscal 2026 and targeting at least $300M by fiscal 2028, alongside expectations of positive free cash flow starting in fiscal 2027. The company also reported a significant beat on prior quarter earnings with $1.549B revenue (40% YoY growth) and a $1.80 EPS, vastly exceeding consensus of -$0.55. This positive guidance and strong execution post-Hulu + Live TV integration signal improving financial health and a path to profitability.
Key Financial Metrics
Key Facts
- Guided Pro Forma Adjusted EBITDA of $80-$100 million for fiscal 2026, a significant improvement from a $59 million loss in fiscal 2025.
- Set long-term target of at least $300 million in Adjusted EBITDA by fiscal 2028, projecting >80% CAGR from the midpoint of 2026 guidance.
- Expects to be free cash flow positive starting in fiscal 2027, with at least $200 million in cash by end of fiscal 2026.
- Q1 2026 revenue was $1.549 billion, a 40% year-over-year increase, and EPS was $1.80, a massive beat versus a -$0.55 consensus estimate.
- Cited contractual drivers for EBITDA growth, including increasing wholesale fee ratios from 95% in 2026 to 99% in 2028 under its Hulu agreement.
Financial Impact
Projected EBITDA to grow from a $59M loss in 2025 to $80-100M profit in 2026, with a long-term target of $300M+ by 2028.
Risk Factors
- The guidance is forward-looking and based on non-GAAP metrics, which may not materialize as planned.
- The company has a history of net losses, and achieving sustained profitability remains a significant challenge.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-015252 |
| Exhibit: ex99-2.htm | 0001493152-26-015252 |
| Document: form8-k.htm | 0001493152-26-015252 |
| Document: 0001493152-26-015252-index-headers.html | 0001493152-26-015252 |
| Document: 0001493152-26-015252-index.html | 0001493152-26-015252 |
| Document: 0001493152-26-015252.txt | 0001493152-26-015252 |
| 8-K Data (Synthetic) | 0001493152-26-015252 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 11w ago | 8-K | $10.66 $8.99 | ▲ +15.67% | ▲ +15.51% | $7.80 (+26.78%) |
Jun 16, 2026 18w ago | DEFA14A | $8.90 $9.22 | ▲ +3.60% | ▲ +2.82% | $7.80 (−12.30%) |
May 6, 2026 24w ago | 8-K | $10.43 $10.79 | ▲ +3.45% | ▲ +3.78% | $7.80 (−25.17%) |
Apr 6, 2026 29w ago | 8-K | $12.07 $12.46 | ▲ +3.23% | ▲ +3.17% | $7.80 (−35.34%) |
US Market Status
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