FuboTV launches My Local Sports. Wedbush targets FuboTV stock at USD 19.00

Published on 10/01/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FuboTV posted USD 1.482 billion revenue in fiscal third quarter 2026. Ten analysts set a USD 16.83 average target for FuboTV stock.

FUBO, US35953D1000, Illustration mit AI erstellt.

FuboTV (ISIN US35953D1000) launched My Local Sports in select markets on September 29, 2026, according to Business Wire. On September 18, 2026, MarketBeat listed Wedbush as maintaining an Outperform rating and a USD 19.00 target for FuboTV stock.

Local sports expands the offer

My Local Sports lets customers in select markets add regional sports networks to a Fubo Sports subscription, with sports-focused free ad-supported channels included in the package, Business Wire reported on September 29, 2026. The first-month price for new customers is USD 54.99, followed by USD 64.99 per month after the trial, while regional sports network pricing varies by market.

The product gives Fubo a more flexible way to package local and national sports. That matters because the company is competing for streaming customers while trying to improve profitability across a much larger combined platform.

Revenue growth meets a weaker margin picture

FuboTV reported USD 1.482 billion of revenue in fiscal third quarter 2026, compared with USD 1.074 billion in fiscal third quarter 2025, according to Business Wire. That is a 38.08 percent year-over-year increase.

The same fiscal third quarter produced a USD 25.7 million net loss, narrower than the USD 38.0 million loss in the prior-year quarter. Adjusted EBITDA fell to USD 19.1 million from USD 31.0 million on a pro forma basis, a 38.39 percent decline, according to Yahoo Finance. The contrast is central to the stock story: Fubo is adding scale, but the earnings conversion still needs to catch up.

Analyst target stays above the market

MarketBeat listed 10 analysts with a Moderate Buy consensus and an average 12-month target of USD 16.83 on September 30, 2026. Its target range ran from USD 15.00 to USD 19.00, while the Wedbush target was USD 19.00 on September 18, 2026.

The target spread reflects the market's uncertainty over how much value the combined streaming business can create. Fubo's current product expansion supports subscriber choice, while the lower adjusted EBITDA figure keeps cost control and programming economics in view.

NYSE price and valuation reference

FUBO was trading at USD 8.56 on the NYSE on October 1, 2026 at 10:13 a.m. EDT, down USD 0.40 or 4.46 percent from the prior close. The 52-week range was USD 7.95 to USD 52.68, and market capitalization stood at USD 936.4 million on October 1, 2026.