Shareholders in fuboTV Inc. (NYSE:FUBO) had a terrible week, as shares crashed 29% to US$2.84 in the week since its latest full-year results. It was a respectable set of results; while revenues of US$1.6b were in line with analyst predictions, statutory losses were 11% smaller than expected, with fuboTV losing US$0.54 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
View our latest analysis for fuboTV
Taking into account the latest results, the most recent consensus for fuboTV from eight analysts is for revenues of US$1.67b in 2025. If met, it would imply a reasonable 2.9% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 37% to US$0.32. Before this earnings announcement, the analysts had been modelling revenues of US$1.80b and losses of US$0.36 per share in 2025. While the revenue estimates fell, sentiment seems to have improved, with the analysts making a notable improvement in losses per share in particular.
There was no major change to the US$4.40average price target, suggesting that the adjustments to revenue and earnings are not expected to have a long-term impact on the business. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic fuboTV analyst has a price target of US$6.40 per share, while the most pessimistic values it at US$2.60. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that fuboTV's revenue growth is expected to slow, with the forecast 2.9% annualised growth rate until the end of 2025 being well below the historical 44% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 10% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than fuboTV.
The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. With that said, earnings are more important to the long-term value of the business. The consensus price target held steady at US$4.40, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for fuboTV going out to 2027, and you can see them free on our platform here.
It is also worth noting that we have found 1 warning sign for fuboTV that you need to take into consideration.
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