What is the price prediction for FUBO?
7/25/2025 03:27pm
The price of FUBO (fuboTV) is forecasted to experience a **swing** in the near term, with a current price trend leaning towards the **lower end** of its expected range. Here's a detailed analysis:
1. **Current Price Trend**: FUBO is positioned between narrow support and resistance levels, indicating a potential for price movement but also limited upward space. The stock is currently in a **bearish trend**, having been so for the last 18 days. This suggests that the price may continue to face downward pressure in the short term.
2. **Support and Resistance Levels**: The stock is trading between the narrow support level of $3.37 and the narrow resistance level of $3.82. Given that the current price is closer to the support level, there is a risk of a price drop if this support is breached.
3. **Forecast Price Trend**: The forecast for FUBO's price trend is **neutral** with a slight bias towards the downside. The stock is expected to experience a **swing**, with a hold advice suggested. This indicates that while there may be some volatility, significant gains are not anticipated in the immediate future.
4. **Analyst Ratings and Price Targets**: The average of current price targets set by analysts is $4.8, with a consensus rating of **Buy**. This suggests that analysts are optimistic about the stock's potential, which may differ from the technical forecast.
5. **Market Sentiment and Recent Performance**: The stock has experienced a decline, with a closing price of $3.6 on July 24, 2025. The trading volume was 15.9 million shares. While there is no recent positive news to suggest an immediate reversal, long-term analysts remain positive, indicating a potential for growth despite current technical indicators pointing to a bearish trend.
|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|FUBO|FUBO.N|fuboTV|20250724|3.6|1.5899054E7|169|
In conclusion, while analysts are optimistic about FUBO's long-term prospects, the current technical forecast suggests a **neutral to bearish** outlook in the short term. Investors should consider both the analyst ratings and the technical indicators when making investment decisions.