fuboTV Inc. (FUBO) stock plummeted 5.07% during intraday trading on Monday, as investors reacted to negative earnings expectations ahead of the company's upcoming financial report.

The sharp decline followed an earnings preview indicating that FuboTV is expected to report a loss of 31 cents per share for the quarter ending March 31, 2026, with revenue estimated at $1.578 billion. The company is scheduled to release its results on May 6, and the negative earnings outlook appears to have triggered selling pressure among concerned investors.

Despite the current sell-off, Wall Street analysts maintain a generally positive outlook on the stock, with a median 12-month price target of $17.00, representing approximately 23% upside from recent levels. However, the immediate market reaction suggests investors are focusing on the near-term earnings disappointment expectations rather than longer-term analyst optimism.