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fuboTV Inc. (NYSE:FUBO) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. With the latest financial year loss of US$293m and a trailing-twelve-month loss of US$206m, the US$573m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on fuboTV's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.
Check out our latest analysis for fuboTV
fuboTV is bordering on breakeven, according to the 8 American Interactive Media and Services analysts. They expect the company to post a final loss in 2025, before turning a profit of US$55m in 2026. The company is therefore projected to breakeven around 2 years from today. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 74%, which signals high confidence from analysts. Should the business grow at a slower rate, it will become profitable at a later date than expected.
Underlying developments driving fuboTV's growth isn’t the focus of this broad overview, but, take into account that generally a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.
Before we wrap up, there’s one issue worth mentioning. fuboTV currently has a debt-to-equity ratio of 153%. Typically, debt shouldn’t exceed 40% of your equity, and the company has considerably exceeded this. Note that a higher debt obligation increases the risk in investing in the loss-making company.
Next Steps:
There are too many aspects of fuboTV to cover in one brief article, but the key fundamentals for the company can all be found in one place – fuboTV's company page on Simply Wall St. We've also compiled a list of important aspects you should look at:
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Valuation: What is fuboTV worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether fuboTV is currently mispriced by the market.
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Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on fuboTV’s board and the CEO’s background.
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Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.