Is fuboTV Stock a Good Buy?
5 tips from our partner's livestream analysis
The transition to streaming from cable is changing sports entertainment as we know it. Is fuboTV a stock worth picking up?
Our partners Brian Feroldi and his co-analyst Brian Stoffel broke down #FUBO, and we took notes on 5 valuable tips they dropped:
1️⃣ One very revealing metric for a company’s profitability is ARPU, or "Average Revenue Per User." This is a sign of successful (or not so successful) monetization of an application 💰
2️⃣ Looks like sports are back, and hopefully to stay. FuboTV unsurprisingly lost some subscribers last year, but it’s back on the rise! The company added 92,000 subscribers this past quarter.
3️⃣ According to the earnings report, fuboTV has $400M in cash, but even more in goodwill. Brian Stoffel described goodwill as “what we paid over what we got because we think it’s worth more,” when making acquisitions. 📊
4️⃣ Analyst expectations aren’t everything, but there’s something to be said about a general consensus. FUBO has been struggling to beat earnings expectations for the last 3 quarters 👀 You should always be aware of this when researching a new stock!
5️⃣ FuboTV is gaining permission in states across the nation to allow wagers and bets for live sports on its platform, giving it ANOTHER stream of revenue from the same user base! Check out the stream recording to find out where:
BONUS STREAMING COLLECTION
Check out the Streaming War collection on Stock Card
💥Bonus: Want to take part in the battle of businesses for streaming supremacy? We made it easy with the Streaming War collection on Stock Card. 📈 82 different stocks involved in streaming for all your research needs! Take a look: