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Home/News Feed/FuboTV stock jumps 20% on positive outlook and Disney/ESPN deal after reverse split

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FuboTV stock jumps 20% on positive outlook and Disney/ESPN deal after reverse split

Market News

07 Apr 2026

Seeking Alpha

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Bullish

FuboTV's stock surged over 20% following a reverse stock split and improved financial outlook driven by a new Disney/ESPN distribution deal. The sports streaming company is shifting focus from rapid subscriber growth to improving margins and sustainable cash flow, targeting $300 million in EBITDA profit by 2027 and a slightly positive net cash position by 2028. The stock now trades at about 4 times projected adjusted EBITDA for 2028, reflecting investor optimism about its future profitability and financial health.

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FuboTV shares rise 11% after hiring former Disney+ exec Alisa Bowen as CEO.

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