FuboTV Approves Reverse Stock Split via Written Consent

fuboTV recently made an important announcement. On February 3, 2026, FuboTV Inc. shared that Hulu, LLC, which has significant voting power in the company, gave written consent to approve changes to FuboTV’s certificate of incorporation. These changes will authorize a reverse stock split of its Class A and Class B common stock at a ratio between 1-for-8 and 1-for-12. This move was recommended by FuboTV’s board of directors and does not require further approval from shareholders. The reverse split will take effect on a future date chosen by the board, not earlier than 20 days after shareholders of record receive an information statement. This decision could have an impact on FuboTV’s share price and market standing once implemented.

The most recent analyst rating on FuboTV stock is a Buy with a $3.50 price target. To see more analyst forecasts on FuboTV stock, check out the FUBO Stock Forecast page.

Spark, TipRanks’ AI Analyst, views FuboTV stock as Neutral. This rating is influenced by improving operating performance but continued financial risk due to negative free cash flow and limited balance-sheet cushion. Technical indicators suggest a weakened outlook due to a downtrend and bearish momentum signals. Valuation looks favorable with a low P/E ratio, and while the recent earnings call was somewhat positive regarding integration and profitability progress, the lack of guidance and content-renewal uncertainty were noted.

FuboTV Inc. operates in the streaming and digital entertainment industry, focusing on live TV streaming services with a sports, news, and entertainment channel lineup for subscribers in the consumer media market. With an average trading volume of 12,779,677 and a current market cap of $571.4M, FuboTV continues to make strides in the streaming world.

For a more in-depth analysis of FUBO stock, visit TipRanks’ Stock Analysis page.