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Revenue beat expectations in the last quarter, prompting upward revisions to the fubo stock price forecast. Analysts project that maintaining above 1.5M total subscribers will be critical for sustaining the momentum. After the latest results, the nine analysts covering fuboTV are now predicting revenues of US$1.57b in 2024. If met, this would reflect a solid 8.9% improvement in revenue compared to the last 12 months. Losses are supposed to decline, shrinking 19% from last year to US$0.71. Before this latest report, the consensus had been expecting revenues of US$1.56b and US$0.78 per share in losses. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for losses per share, even though the revenue numbers were unchanged. On Wall Street, FUBO stock carries a Moderate Buy consensus rating based on two Buy, two Hold, and zero Sell ratings over the past three months. FUBOâs average price target of $5.72 per share implies approximately 47% upside potential over the next twelve months. The latest fubo stock price forecast shows correlation with the broader entertainment ETF, suggesting sector sentiment is driving near-term price action. A positive streaming subscription report could serve as a breakout catalyst.
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Fubo Stock Price Forecast AI chip demand is still booming, especially in data centers and model training. As long as the AI wave continues, the stock has solid long-term upside potential.
The valuation looks high, but Fubo Stock Price Forecast earnings growth seems to justify it. Short-term volatility aside, I’m still bullish in the long run.
The market might have priced in too much future growth already. Fubo Stock Price Forecast stock could face some short-term correction after such a strong rally.
With the next-gen GPU lineup performing exceptionally well, continued enterprise demand could push Fubo Stock Price Forecast to new all-time highs next year.

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