What are the short-term price predictions for FUBO?
8/10/2025 11:59pm
The short-term price predictions for FUBO (fuboTV) are as follows:
1. **Current Price Trend**: The price of FUBO is currently between narrow support and resistance levels, indicating a potential for price swing rather than a clear trend. The stock is considered to be in a "swing" phase.
2. **Forecasted Price Trend**: The forecast for FUBO suggests a "swing" price trend in the near term, with a 53.49% historical win rate for this type of forecast.
3. **Support and Resistance Levels**: The current price of FUBO is positioned between the narrow support level of $3.43 and the narrow resistance level of $4.11. The stock is more likely to experience a price swing within this range rather than a significant breakout.
4. **Analyst Price Target**: The average analyst price target for FUBO over the past three months is $5.13, with a consensus rating of "Strong Buy". This suggests that analysts are generally optimistic about the stock's future performance, although this is a longer-term view.
5. **Market Sentiment**: Recent news about FUBO, such as the preliminary quarterly results and the merger with Hulu + Live TV, have caused the stock to fluctuate. While there is some positive sentiment due to the merger and the company's financial outlook, there are also concerns about the shrinking subscriber base and revenue decline.
In conclusion, the short-term price predictions for FUBO suggest a stock that is likely to experience price swings within the support and resistance levels of $3.43 and $4.11. While there is some positive analyst sentiment and potential for growth, particularly in the longer term, the current trend is more neutral with a focus on potential swings in price rather than a clear upward or downward trend.