Stock Track | fuboTV Soars 5.14% in Pre-market on Strong Financial Guidance and EBITDA Targets

Stock Track

04/06

fuboTV Inc. (FUBO) surged 5.14% during pre-market trading on Monday, following the release of the company's forward-looking financial guidance and long-term targets.

The streaming service provider issued fiscal 2026 pro forma adjusted EBITDA guidance of $80-$100 million, representing significant growth from its 2025 pro forma adjusted EBITDA of $59 million. Additionally, the company set an ambitious 2028 adjusted EBITDA target of at least $300 million, signaling strong confidence in its future profitability.

Further bolstering investor sentiment, fuboTV expects to achieve positive free cash flow starting in fiscal 2027 under its current operating plan. The company also projected cash and cash equivalents of at least $200 million at year-end September 2026, providing financial stability for its growth initiatives.

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(FUBO) surged 5.14% during pre-market trading on Monday, following the release of the company's forward-looking financial guidance and long-term targets.</p><p>The streaming service provider issued fiscal 2026 pro forma adjusted EBITDA guidance of $80-$100 million, representing significant growth from its 2025 pro forma adjusted EBITDA of $59 million. Additionally, the company set an ambitious 2028 adjusted EBITDA target of at least $300 million, signaling strong confidence in its future profitability.</p><p>Further bolstering investor sentiment, fuboTV expects to achieve positive free cash flow starting in fiscal 2027 under its current operating plan. 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