Fubo stock forecast analysts note Fubo’s Q1 revenue growth

Analysts note Fubo’s Q1 revenue growth of 24% year-over-year, yet the company remains unprofitable. Short interest in Fubo stock forecast models has surged to 18%, suggesting increased bearish bets. Fubo ended the quarter with nearly 1.7 million subscribers. The full-year tally in 2024 rose 4% over 2023, though the company predicted a sizable dip in the first quarter due in large part to a carriage dispute with TelevisaUnivision. Fubo said it will end the first quarter on March 31 with between 1.43 million and 1.46 million subscribers. FuboTV published its Q4 results before the market opened this morning, and the company's earnings beat in the period wasn't enough to offset the market's disappointment with a big sales miss. Making matters worse, the company's forward guidance came in much worse than anticipated. Fubo stock forecast models by industry strategists suggest that narrowing content costs could catalyze EBITDA improvement, possibly shifting sentiment toward bullish targets above $2.50.