• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Contact Us
  • Our Google News Channel
IRA vs 401k

IRA vs 401k

Retirement Options

  • Home
  • Roth IRA
  • Roth 401k
  • SEP IRA
  • Simple IRA
  • 401K
  • Finanace
You are here: Home / Finanace / FuboTV Climbs on Bullish Needham Note, Increased Price Target

FuboTV Climbs on Bullish Needham Note, Increased Price Target

December 22, 2020 by Retirement

Shares of television streaming service fuboTV  (FUBO) – Get Report were rising sharply on Tuesday after the company was the subject of an extremely bullish note from analysts at Needham. 

Needham maintained its buy rating and doubled its price target on fuboTV from $30 to $60 per share after the company has nearly quintupled its market value since its initial listing on the New York Stock Exchange in October. Fubo shares jumped 17.7% to $58.22 on Tuesday morning.

“We see FUBO as an inexpensive way for public investors to participate in the US consumer shift toward OTT and Streaming TV. FUBO is a
skinny bundle (also known as a virtual MVPD) that markets itself as a ‘sports-first’ linear TV replacement. FUBO offers over 110 channels
of live linear TV that represent about 84% of a typical large bundle’s TV viewing, at $60/month, about half the typical MVPD price,” analyst Laura Martin said. 

On Monday, the company’s shares soared on a report that fuboTV is examining exclusive sports content deals. 

Needham raised its 2021 revenue estimate by 5% to $460 million from $439 million and its 2022 revenue estimate by 3% to $750 million from $730 million. 

Needham says the key upside value drivers for fuboTV in 2021 include market share gains versus competitors, expansion of the fubo sports button’s availability, the company taking steps to add a gambling revenue stream within 12 months and the strong short interest (12 million shares shorted, about 2 days average trading volume) which creates built-in demand for shares. 

From a valuation point of view, Needham sees fuboTV with 62% upside relative to other comparable streaming services in its coverage universe.

Filed Under: Finanace

Primary Sidebar

E-mail Newsletter

More to See

Maximizing Your Retirement Savings: Expert Insights on IRAs and 401(k)s

November 23, 2024 By Roth

IRA vs 401(k): Key Differences to Help You Choose the Best Retirement Plan for 2024

November 21, 2024 By Roth

Real Estate Syndication in Indianapolis: Unlocking Investment Potential

November 15, 2024 By Retirement

Maximizing Your 401k at 55 | Retirement Strategies for Growth

October 15, 2024 By Roth

401(k) savings

Retirement Savings Options: Navigating the Path to a Secure Future

August 15, 2024 By SEO Robot

Retirement Planning

August 13, 2024 By Roth

Infographic comparing IRA vs 401(k) retirement options.

IRA and 401(k): Compare Your Retirement Options

May 20, 2024 By SEO Robot

Tags

401(k) 401(k) advantages 401(k) insights 401k at 55 401k growth strategies best retirement plan catch-up contributions exclusive listings Financial Planning financial planning 2024 Financial Security future planning Indianapolis property market Investing Investment Investment Options Investment Strategies IRA IRA benefits IRA strategies IRA vs 401k Labrosse Real Estate luxury homes luxury real estate maximize retirement savings multi-family investment Indianapolis passive income through real estate Personal Finance premium properties property syndication real estate investment real estate syndication Indianapolis Retirement retirement advice retirement investment Retirement Planning retirement planning 2024 Retirement Savings retirement savings tips retirement strategies retirement tips Savings secure retirement secure retirement funds Wealth Management

Footer

  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms of Use
  • Google News

Recent

  • Roth IRA Contribution and Income Limits for 2025
  • Maximizing Your Retirement Savings: Expert Insights on IRAs and 401(k)s
  • IRA vs 401(k): Key Differences to Help You Choose the Best Retirement Plan for 2024
  • Real Estate Syndication in Indianapolis: Unlocking Investment Potential
  • Maximizing Your 401k at 55 | Retirement Strategies for Growth