In presentation slides, Fubo shared a financial outlook that includes 2026 pro-forma targets for total revenue of $6.5B-$7B and adjusted EBITDA of $325M-$375M as well as 2028 pro-forma targets that include $7.5B-plus in total revenue and $550M-plus in adjusted EBITDA. Targets from slides presented after FuboTV (FUBO) and Disney (DIS) announced that they have entered into a definitive agreement for Disney to combine its Hulu + Live TV business with Fubo, forming a combined virtual MVPD company.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FUBO:
- FuboTV (NYSE:FUBO) Skyrocket 250% on Disney Deal & Legal Win
- Disney to own 70% of Fubo, Trudeau to resign as party leader: Morning Buzz
- FuboTV rises 184.6%
- DIS, FOXA, and WBD Ask Court to Overturn Ruling that Blocked Venu Sports
- FuboTV rises 133.3%
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.