Barrington analyst James Goss has reiterated a Hold rating on FuboTV Inc (NYSE: FUBO).
The analyst supports the overall thesis on FuboTV, including aggressive subscriber acquisitions, expanding ARPU, and complementing its significant sports emphasis with a move into related gaming in its footprint.
Still, uncertainty over the time frame necessary to realize these ambitions led to a cautious stance on the stock.
Demonstration of progress toward achieving its aim to be free cash flow positive by 2025 would be very encouraging.
FuboTV is creating a platform to provide ...