(FUBO) Fubotv - Ratings and Ratios

FuboTV Inc. (NYSE:FUBO) operates a live TV streaming platform primarily focused on sports, news, and entertainment content, available in the United States and internationally. The platform provides access to a wide range of channels and events, including major sports leagues such as NFL, MLB, and NBA, as well as international sports content. Initially launched as a streaming service for soccer, FuboTV has expanded its offerings to include entertainment and news channels, positioning itself as a comprehensive streaming solution. The service is accessible via various devices, including streaming devices, SmartTVs, mobile phones, tablets, and computers. FuboTV was founded in 2009 and is headquartered in New York, New York.

The company has undergone significant developments since its inception, including a merger with FaceBank Group in 2020, which facilitated its entry into the public market. FuboTV has also made strategic acquisitions, such as its purchase of the French streaming platform Molotov, expanding its reach into Europe. Despite growing its user base, FuboTV faces intense competition from established streaming services like ESPN+ and DAZN, particularly in the sports segment. The company continues to evolve its offerings, adding new features and content to attract and retain subscribers in a highly competitive market.

Forecast: Based on the provided and , FuboTVs stock (FUBO) is currently trading at $2.42, below its 20-day and 50-day simple moving averages (SMA) of $2.89 and $3.07, respectively, but above its 200-day SMA of $2.32. The average true range (ATR) of $0.22 indicates moderate volatility. From a fundamental perspective, the companys market capitalization of $1.024 billion and price-to-sales (P/S) ratio of 0.66 suggest a potentially undervalued stock relative to its revenue. However, the negative return on equity (RoE) of -95.28% highlights significant losses relative to shareholder equity. The price-to-book (P/B) ratio of 5.39 indicates that the market values the companys intangible assets and growth prospects highly. Overall, while FuboTVs stock may face headwinds due to its high valuation relative to book value and profitability challenges, its low P/S ratio and expanding subscriber base could position it for potential growth in the streaming market.