FuboTV Inc (FUBO)

[lecorb]

FUBO Stock Price Forecast
We believe FUBO stock is fundamentally undervalued.
Long-term, we have confidence in fuboTV’s ability to acquire exclusive local and international sports content, amass an unrivaled war-chest of live sports streaming rights, launch an interactive digital sportsbook that integrates with its streaming platform, and ultimately put all those pieces together to create the world’s first all-in-one, digital sports-betting-and-streaming platform where consumers can interactively watch and bet on sports through a digital platform.
We see this as the future. If fuboTV does successfully create this platform, then FUBO stock will one day be worth multiples of itself.
Execution risks here are large. But fuboTV’s market cap is small. Even minimal success in this pursuit could result in multi-bagger returns.
The consensus analyst price target on FUBO stock is $46. We think shares are worth at least $50, based on the company’s long-term earnings growth potential.
We see 100%-plus upside in shares over the next 12 months.
FUBO stock is a great play on the fact that the world is pivoting from linear TV to streaming TV. This pivot encompasses Netflix, fuboTV, Roku (NASDAQ:ROKU), Disney (NYSE:DIS), AT&T (NYSE:T) and so many more. By the end of the decade, everything we watch will be through the internet. Cable boxes will be as obsolete as CD players are today.

Netflix stock is the blue-chip stock to buy to play this streaming revolution. Roku stock is a higher-upside but still relatively safe bet. fuboTV stock may be the highest upside play in the space. That’s why it belongs in my Innovation Investor portfolio, which is focused on investing in emerging companies pioneering breakthrough technologies and business models which could change the world.

It’s basically a portfolio aimed at finding the next Amazon (NASDAQ:AMZN), the next Facebook (NASDAQ:FB), and the next Tesla (NASAQ:TSLA)… before everyone else.

FuboTV fits that billing. It’s the next Netflix.







https://investorplace.com/hypergrowthinvesting/2021/04/sports-could-save-fubotv-stock-from-a-netflix-like-downturn/