Overview

• US live TV streaming firm's fiscal Q2 revenue rose 1% yr/yr, beating analyst expectations

• Company reaffirmed fiscal 2026 guidance and announced new Disney cross-selling integrations

Outlook

• FuboTV reaffirms fiscal 2026 pro forma adjusted EBITDA guidance of $80 mln to $100 mln

• Company expects positive free cash flow in fiscal 2027 and fiscal 2028

• FuboTV expects fiscal 2026 ending cash to be at least $200 mln

Result Drivers

• DISNEY INTEGRATION - Co highlighted cross-selling and product integrations with Disney and Hulu + Live TV

• PRODUCT INNOVATION - Co highlighted the development of AI-driven features which personalises streaming experience and enhances customer engagement

Company press release: ID:nBw45vGJCa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Beat	$1.57 bln	$1.10 bln (3 Analysts)

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy"

• Wall Street's median 12-month price target for FuboTV Inc is $17.00, about 37.1% above its May 5 closing price of $12.40

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