FuboTV stock falls 2.77 percent as local sports expands

Published on 10/04/2026 at 14:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FuboTV stock traded at USD 8.63 on October 2, 2026, while the company added local sports networks to its lighter plan. Q3 revenue reached USD 1.482 billion.

FUBO, US35953D1046, Illustration mit AI erstellt.

FuboTV stock (ISIN US35953D1046) fell 2.77 percent to USD 8.63 on the NYSE on October 2, 2026, with the shares ending the session below the companys latest operating milestones. The latest product push adds local regional sports networks to the Fubo Sports plan, giving the streaming group another test of its sports-first strategy.

Local sports adds paid flexibility

According to Fubo on September 29, 2026, My Local Sports lets customers in select markets add regional sports networks to a standalone Fubo Sports subscription. The plan costs USD 54.99 for new customers in the first month and USD 64.99 per month afterward, while regional network pricing varies by market.

The launch follows a new multi-year distribution agreement announced for four regional sports networks serving the Carolina Hurricanes, Columbus Blue Jackets, Minnesota Wild and St. Louis Blues. That combination gives Fubo a broader local-sports offer, but it also raises the execution test: the new packages must convert sports demand into recurring subscribers and revenue.

Revenue scale meets thinner profit

FuboTVs third-quarter fiscal 2026 results for the period ended June 30, 2026, showed revenue of USD 1.482 billion versus USD 1.074 billion in the prior-year quarter, according to Yahoo Finance on August 5, 2026. North American subscribers rose from 5.63 million to 5.75 million, a 2 percent increase.

The earnings profile remains mixed. Net loss narrowed from USD 38.0 million to USD 25.7 million, but adjusted EBITDA fell from USD 31.0 million on a pro forma basis to USD 19.1 million, and adjusted EBITDA guidance for fiscal 2026 stands at USD 90 million to USD 100 million.

Analysts see a higher valuation

MarketBeat reports a Moderate Buy consensus from 10 analysts, with an average 12-month price target of USD 16.83, a high target of USD 19.00 and a low target of USD 15.00. The average target is USD 8.20 above the October 2 price of USD 8.63.

FuboTV stock stays near its yearly low

FuboTV stock stood at USD 8.63 on the NYSE on October 2, 2026, against a 52-week range of USD 7.95 to USD 52.68. Its market capitalization was USD 947.3 million, leaving the launch and the next earnings update as key measures of whether subscriber growth can translate into stronger profitability.