Fubo's Streaming Merger Has Yet to Repair Its Long Trend

Article published Sep 28, 2026. Prices below use latest available snapshots.

FUBO Price Structure

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$FUBO is cratering: 82.1% below its 52-week high, down 8.2% since August 28, and 36.2% below its 200-day average. At the 2026-09-28 settled close, FUBO $9.45 was -11.0% versus its 20-day average and -8.2% over 30 days. The newest verified quarter ends 2026-06-30 (filed 2026-08-05); revenue was $1.48B. Against 2025-06-30 revenue of $380.0M, that is +290.0% year over year. The year-over-year base predates the streaming-business combination noted in the prior profile; +290.0% is reported growth, not an organic same-business rate. Content costs and subscriber churn dominate the economics, and the desk's thesis flag on this name is broken. The standing call is 🔴 Stand aside. No entry, stop or target; the long trend is broken · low conviction.

Quick Snapshot (as of 2026-09-28)

Question	Answer
The call	🔴 Stand aside. No entry, stop or target; the long trend is broken · low conviction.
What it is	A sports-first live-TV streaming service; a February summary in the news pull describes its first post-merger results and an ESPN deal.
Why now	A September 28 NHL agreement adds four regional sports networks ahead of the 2026–27 season; the economics were not disclosed.
Proof	Latest verified period ended 2026-06-30, filed 2026-08-05: revenue $1.48B. Prior case: The release headline claims record global revenue, but the pull carries no figures and no filed quarter after March is on disk.
Objection	Content costs and subscriber churn dominate the economics, and the desk's thesis flag on this name is broken.
Stock setup	The long trend is broken and the stock remains under its 200-day average; -11.0% versus the 20-day, -36.2% versus the 200-day, RSI 40.2.

Action Matrix (reviewed 2026-09-28; levels are standing conditions)

Signal	If	Then
🟡 Wait	A base forms and price closes above $15.20, near the 200-day	Only then is the long trend repairing; reassess.
🔴 Out	Price stays below the 200-day in a downtrend	Stand aside.
🔴 Thesis breaks	The November 4 report shows subscribers or margins falling after the merger	The combination is not producing a viable economics story.

The Story Right Now (as of 2026-09-28)

$FUBO is cratering: 82.1% below its 52-week high, down 8.2% since August 28, and 36.2% below its 200-day average.

Data as of 2026-09-28 close: FUBO $9.45, RSI 40.2, strong-down, -11.0% vs SMA20, -36.2% vs SMA200, 7D -8.2%, 30D -8.2%, 1Y -81.6%, -82.1% from the 52-week high.

Business and mechanism. A sports-first live-TV streaming service; a February summary in the news pull describes its first post-merger results and an ESPN deal.

Prior case (2026-09-23). The company reported record global revenue for its fiscal second quarter and reaffirmed full-year guidance and long-term targets, per its investor-relations release in the news pull.

Prior proof (2026-09-23). The release headline claims record global revenue, but the pull carries no figures and no filed quarter after March is on disk.

The countercase. Content costs and subscriber churn dominate the economics, and the desk's thesis flag on this name is broken.

Newest statement check. The newest verified quarter ends 2026-06-30 (filed 2026-08-05); revenue was $1.48B. Against 2025-06-30 revenue of $380.0M, that is +290.0% year over year. The year-over-year base predates the streaming-business combination noted in the prior profile; +290.0% is reported growth, not an organic same-business rate.

Verified source event. Fubo announced September 28 a multi-year NHL distribution agreement adding four regional sports networks for the 2026–27 season. This strengthens its local-sports catalog, but the release gives no carriage economics or subscriber effect and does not establish the cause of the September 28 share move.

News and attention check. The news search for the latest move failed; the last completed search was on 2026-09-11. No company event for FUBO was recorded between September 24 and 28.

The call: 🔴 Stand aside. No entry, stop or target; the long trend is broken · low conviction.

Extended analysis

Price Data (live)

Live values from the desk's settled-close summaries. They update with each close; the dated sections above keep the numbers of their own date.

Metric	FUBO
As of (close)	2026-10-16
Price ($)	8
RSI (14)	33.1
vs SMA20 (%)	-11.6
vs SMA50 (%)	-19.3
vs SMA200 (%)	-39.4
SMA20 ($)	9.05
SMA50 ($)	9.92
SMA200 ($)	13.2
1D (%)	-4.99
7D (%)	-9.5
30D (%)	-24.53
3M (%)	-17.7
1Y (%)	-81.88
2Y (%)	-58.07
1Y vs S&P 500 (pts)	-97.42
From 52-week high (%)	-84.81

Financial Proof

Filed-period check (as of 2026-09-28): The newest verified quarter ended 2026-06-30 and was filed 2026-08-05. Revenue was $1.48B; GAAP net income was −$25.7M; diluted EPS was -0.25. Source: Massive income statements and the filing. Dated historical tables below retain their own period basis.

The recent filed revenue series shows the direction of the business; missing cells are left unavailable.

Period end	Revenue	YoY	Operating income	GAAP net income	Filing date
2024-03-31	$402.3M	—	−$63.3M	−$56.6M	2024-05-03
2024-06-30	$391.0M	—	−$35.7M	−$25.7M	2024-08-06
2025-03-31	$416.3M	+3.5%	−$25.4M	$188.5M	2025-05-05
2025-06-30	$380.0M	-2.8%	−$6.0M	−$8.0M	2025-08-11
2025-09-30	$377.2M	—	−$20.1M	−$18.9M	2025-11-03
2025-12-31	$1.55B	+272.0%	−$20.3M	−$19.1M	2026-02-05
2026-03-31	$1.57B	+314.2%	−$9.1M	−$6.2M	2026-05-06
2026-06-30	$1.48B	+292.8%	−$26.6M	−$25.7M	2026-08-05

Research Log

Date	Note
2026-04-10	Initial deep dive: $12.02, RSI 44.6, strong-down. Structurally broken thesis.
2026-05-29	FUBO $10.09, RSI 45.6, strong-down; -18.1% in 30D since the April 10 read. No new fundamentals re-researched.
2026-06-16	FUBO $9.28, RSI 41.7, strong-down; -1.07% in 30D. Price declined from $10.09 to $9.28, -6.2% below SMA20. 3M -33.9% confirms continued structural deterioration. -83.62% from 52wk high. No new fundamentals re-researched.
2026-07-11	FUBO $9.18, RSI 45.3, strong-down, regime collapse; -1.1% since June 16 ($9.28), -12.32% 30D, -21.81% 3M, -83.79% from 52wkHi. Engine tags `thesis flag: broken` explicitly. No new fundamentals re-researched.
2026-07-17	FUBO $9.72, RSI 49.3, strong-down; +5.9% since 07/11, +5.42% 30D (flipped positive), -26.86% 3M, -82.84% from 52wkHi. Modest bounce, first close above SMA20 in this file's recent history; `thesis flag: broken` unchanged. No new fundamentals re-researched.
2026-07-25	FUBO $8.33, RSI 37.9, strong-down, regime collapse; -14.3% since 07/17, -4.8% 30D (flipped negative), -30.64% 3M, -84.78% from 52wkHi (new deeper low). Bounce fully reversed; `thesis flag: broken` unchanged. No new fundamentals re-researched.
2026-07-28	FUBO $9.02, RSI 45.8, strong-down, regime collapse; +8.3% since 07/25, -4.65% 30D (roughly flat), -23.88% 3M (improved), -84.07% from 52wkHi (marginal improvement). Modest bounce; `thesis flag: broken` unchanged. No new fundamentals re-researched.
2026-07-31	FUBO $8.85, RSI 44.3, strong-down; 7D +6.24%; 30D -12.20%; 3M -35.96%; -84.38% from 52wk high. No new fundamentals re-researched.
2026-08-08	FUBO $9.26, RSI 49.1, strong-down; 7D +4.63%; 30D -3.14%; 3M -9.92%; -81.18% from 52wk high. No new fundamentals re-researched.
2026-08-14	FUBO $10.15, RSI 56.8, weak-up; 7D +9.61%; 30D -1.17%; 3M +5.51%; -82.70% from 52wk high. No new fundamentals re-researched.
2026-08-22	FUBO $10.23, RSI 55.3, weak-up; 7D +0.69%; 30D +13.79%; 3M +4.92%; -81.94% from 52wk high. 1Y -74.85%, vs SMA200 -44.70%. No new fundamentals re-researched.
2026-08-28	FUBO $10.30, RSI 53.8, weak-up; 7D +0.49%; 30D +16.52%; 3M +2.08%; -81.81% from 52wk high. 1Y -75.34%, vs SMA200 -41.5%. No new fundamentals re-researched.
2026-09-04	FUBO $11.25, RSI 60.6, weak-up; 7D +9.33%; 30D +5.53%; 3M +17.92%; -80.14% from 52wk high. 1Y -75.13%, vs SMA200 -33.00%. News not pulled for this move (last fetched 2026-08-28, predates this window).
2026-09-11	FUBO $11.53, RSI 61.1, weak-up; 7D +2.49%; 30D +18.87%; 3M +17.29%; -79.64% from 52wk high. 1Y -76.90%, vs SMA200 -28.80% — long trend remains under test. News not pulled for this move (last fetched 2026-08-28, two weeks stale).
2026-09-18	FUBO $10.04, RSI 44.9, weak-up; 7D -12.92%; 30D -2.81%; 3M +8.89%; -82.27% from 52wk high. 1Y -80.90% with alpha1y -95.91 and price -35.5% below the 200-day — the most broken long trend in this half of the library; thesis flag remains broken. News not pulled for this move (last fetched 2026-09-11). Stock-events checked: none in this window. No newly filed period on disk this cycle.
2026-09-23	FUBO $9.63, RSI 41.6, -10.1% vs SMA20, 30D -8.02%. Lost the 50-day; -9.15% on the week, -4.94% on 2026-09-23. 1Y -81.97% with 1Y vs S&P 500 -97.74 pts and -36.6% vs the 200-day — broken, thesis flag broken; call is stand aside. News not pulled for this move (last fetched 2026-09-11). Stock-events checked: none in the window; next report 11-04. Filed-period check: newest quarter on disk is Q1 2026; none cited.
2026-09-28	FUBO $9.45, RSI 40.2, -11.0% vs SMA20, 30D -8.2%. The long trend is broken and the stock remains under its 200-day average; The newest verified quarter ends 2026-06-30 (filed 2026-08-05); revenue was $1.48B. Against 2025-06-30 revenue of $380.0M, that is +290.0% year over year. The year-over-year base predates the streaming-business combination noted in the prior profile; +290.0% is reported growth, not an organic same-business rate. The news search for the latest move failed; the last completed search was on 2026-09-11. No company event for FUBO was recorded between September 24 and 28.

Sources

News receipt: latest (fetched 2026-09-11) — Fubo fiscal Q2 2026 release.
Scheduled-event check: 2026-11-04-fubo-earnings (scheduled); no FUBO row dated 2026-09-19 to 2026-09-23.

2026-09-28 refresh receipts

2026-09-28 settled-close receipt: *, FUBO row dated 2026-09-28; tape values above are bound to the current summary fields.
2026-09-28 financial-period check: income-statements and key-financials; newest verified 2026-06-30 period, filed 2026-08-05 (Massive statement / SEC period cross-check).
2026-09-28 news receipt check: latest, fetched 2026-09-11; receipt is not current; latest-session cause remains unassigned.
2026-09-28 stock-event scan: research/stock-events/, no FUBO row dated 2026-09-24 through 2026-09-28.
2026-09-28 captured-follows scan: tweets has 0 September 24–28 document(s) tagging FUBO.
Retrospective social-search receipt (captured 2026-09-29): 2026-09-29-social-search-fubo; quality/attention check only, not a September 28 event or price source.
Primary/source event receipt (captured 2026-09-29, published by 2026-09-28): fubo-nhl-rsn-sep28; checked for the September 28 current view.
2026-09-29 browser discovery check for FUBO: news-discovery-google-sep29 (key FUBO); search links only, not evidence of an event or of absence of news.