Fubo stock forecast trading volume has increased 15%

Trading volume has increased 15% week-over-week, indicating heightened market attention ahead of upcoming earnings. The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of fuboTV's future valuation. This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Institutional ownership in Fubo stock forecast tracking is stable at 43%, yet the number of hedge funds holding positions fell by 5% over the past two months due to cash flow concerns.