New
Fubotv Stock Is Up 272% In Just 1 Week -- Here's Why
To say that FuboTV (NYSE: FUBO) is off to a great start in 2025 would be a major understatement. Shares of the sports-focused streaming provider are up by a staggering 272% for the week, heading into Friday.
The big news is that Walt Disney's (NYSE: DIS) Hulu+ Live streaming service and FuboTV are combining their streaming services into one product, which should be well positioned to compete with the leading live streaming service from YouTube. The combined company will retain the FuboTV name and ticker symbol, although Disney will own a 70% stake in the business.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks »
A big win for FuboTV and its investors
Between the two existing platforms, there are 6.2 million total subscribers. As my colleague Rick Munarriz recently pointed out, the average revenue per user of the existing services is over $80 per month, so this implies a business with nearly $6 billion in annual revenue right away. And that's not to mention that the platform could become more valuable and attractive to new customers by combining some of the most unique features of both, such as FuboTV's collection of regional sports networks.
Disney will pay FuboTV $220 million in cash as part of the deal and will also provide the business with a $145 million term loan next year (the deal is expected to close in 12 to 18 months). If regulators choose to block the deal, FuboTV will be entitled to a $130 million termination fee.
Could the stock go even higher from here?
It's also worth noting that the big value here could be the potential long-term effects of establishing a mutually beneficial relationship with Disney. For example, Disney owns the ESPN family of networks and is gearing up to launch an ESPN streaming service later this year, and FuboTV's sports focus could come in handy.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $363,307!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $45,963!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $471,880!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of January 6, 2025
Matt Frankel has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney and fuboTV. The Motley Fool has a disclosure policy.
