FUBO Stock Continues Its Relentless Rally – Wedbush Sees A Massive Upside Potential

• Wedbush raised its price target on the stock to $24 from $3, representing a whopping 700% increase
• Barrington upgraded the stock to ‘Outperform’ with a $16 price target, while Citizens raised its target to $15.
• The upgrades follow Fubo's first-ever EBITDA guidance: $80 million to $100 million for 2026, $300 million by 2028, and positive free cash flow in 2027.

Shares of streaming major FuboTV surged nearly 6% on Tuesday following Wall Street’s affirmation of the company’s latest guidance raise on Monday.

Among the three brokerages, Wedbush led the charge with the largest price target increase, to $24 from $3. According to Wedbush, the company has been under pressure since it reported its first-quarter results as a combined business with Hulu Live. Wedbush stated that it remains a “Show-me” Story, and that this guidance provides clarity for institutional investors to participate in the stock's upside over the next couple of years.

Matthew Condon from Citizens upped the firm’s price target on the stock to $15 from $13 with an ‘Outperform’ rating. Citizens believes that the guidance on free cash flow and long-term financial targets provides a clear view of the business's operating leverage potential.

Barrington has an ‘Outperform’ rating on FuboTV. The firm believes that the streaming company has the potential for greater scale and stronger monetization opportunities from its advertising business, which will be reflected in improved profitability. 

In October 2025, FuboTV and The Walt Disney Company (DIS) completed the merger of Fubo’s platform with Hulu + Live TV, forming a combined streaming business that blends Fubo’s sports-focused offerings with Hulu + Live TV’s broader entertainment lineup.

According to Koyfin data, the 12-month average for FuboTV is $22.22 per share, representing a premium of almost 74% over its current level. Of the nine analysts, two recommend a ‘Strong Buy’, three have a ‘Buy’ rating, while three maintain a ‘Hold’ rating. Only one analyst recommends a 'Strong Sell’.

Guidance Raise Adding Momentum

On Monday, FuboTV raised its earnings before interest, tax, depreciation, and amortization (EBITDA) and free cash flow guidance. In fiscal 2025, the company generated $59 million in pro forma adjusted EBITDA. The streaming company expects adjusted EBITDA to grow at a compounded annual growth rate of more than 80% based on the midpoint of the fiscal 2026 outlook and the fiscal 2028 target of $300 million.

The company also expects that, based on its current operating plan, cash flow will be positive in fiscal 2027 and that it won’t require any additional financing for fiscal 2028. FuboTV expects fiscal 2026 to end with at least $200 million in cash and cash equivalents, compared with $274 million as of Sept. 30, 2025. 

How Did Retail Traders React?

The retail sentiment surrounding the stock has changed from ‘Neutral’ to ‘Extremely Bullish’, while message volumes have surged from “Low” to “Extremely High” from the previous day.

Year to date, the stock has sunk about 57%.

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