FUBO Stock 2026 Outlook: Tracking Institutional Shifts, Insider Moves, and the Post-Disney Merger Landscape
By Financial today Markets DeskUSA | January 1, 2026
As the curtain closes on 2025, fuboTV Inc. (NYSE: FUBO) finds itself at a pivotal crossroads. For a company that spent much of the last year reinventing its identity—most notably through a transformative combination with The Walt Disney Company’s Hulu + Live TV—the year-end data for 2025 provides a complex tapestry of institutional caution and insider activity.
With FUBO shares trading near US$2.52 as of the final sessions of December, investors are dissecting a flurry of filings that show Pacer Advisors significantly trimming its exposure, while high-ranking insiders have moved to liquidate portions of their holdings. Yet, beneath the technical “oversold” signals lies a company targeting a massive $7 billion revenue pro-forma goal for 2026.
This comprehensive analysis breaks down the flows, the legal victories, and the 2026 roadmap for the world’s leading sports-first streaming platform.
1. The Pacer Trimming: Why Institutional Moves Matter Now
Institutional “whales” often signal the shifting tides of market sentiment. According to recent 13F filings and MarketBeat disclosures, Pacer Advisors Inc. reduced its stake in fuboTV by approximately 41% during the third quarter of 2025.
By the Numbers:
- Shares Sold: 965,281
- Remaining Position: 1,387,083 shares
- Impact: The reduction by a major institutional holder adds shares to the “float” (the number of shares available for public trading). In a low-volume environment, such as the year-end holidays, this increased supply can put downward pressure on the stock price, keeping FUBO pinned below its key moving averages.
While other firms like Farther Finance Advisors and First Trust Advisors have initiated small new positions, the Pacer trim remains the dominant institutional headline as we enter 2026.
2. Insider Activity: Sentiment or Strategy?
The final quarter of 2025 saw notable sales from FUBO’s top brass. Co-Founder and COO Alberto Horihuela and CFO John Janedis both executed sizable transactions in late November.
| Insider | Shares Sold | Average Price | Total Value |
| Alberto Horihuela (COO) | 138,753 | $3.16 | ~$438,700 |
| John Janedis (CFO) | 130,478 | $3.12 | ~$407,091 |
The Context: It is vital for investors to note that these sales were largely reported as “sell-to-cover” transactions—automatically triggered to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs). Despite these sales, the executive team maintains a significant direct equity stake, with insiders still owning approximately 5.30% of the company. Their “skin in the game” remains substantial as they head into a critical 2026 fiscal year.
3. The 2026 Catalyst: The Disney/Hulu Merger Effect
The most significant fundamental shift for FUBO in 2025 was the definitive agreement to combine with The Walt Disney Company’s Hulu + Live TV. This deal effectively created the sixth-largest Pay TV service in the United States, boasting nearly 6 million subscribers across North America.
Pro-Forma Targets for 2026:
- Total Revenue: Targeted at $6.5B – $7.0B.
- Adjusted EBITDA: Targeted at $325M – $375M.
- Subscriber Scale: The merger allows FUBO to leverage Disney’s entertainment powerhouse while maintaining its own sports-first dominance.
As CEO David Gandler noted during the Q3 earnings call, “The combination creates a transformative next phase. We are no longer just a ‘skinny bundle’—we are a top-tier player in the virtual MVPD space.”
4. Technical Analysis: Is FUBO “Oversold”?
From a technical standpoint, FUBO spent December in a “bearish consolidation” phase. However, current indicators suggest the stock may be reaching a point of exhaustion for sellers.
- Moving Averages: FUBO is currently trading below its 50-day SMA ($3.20) and 200-day SMA ($3.54). For a bullish reversal to be confirmed, the stock must first reclaim the $2.72 level (the middle Bollinger Band).
- Relative Strength Index (RSI): The RSI recently hovered near 30-35, bordering on “oversold” territory.
- Bollinger Bands: The stock has been hugging the lower band at $2.49, which often precedes a “mean reversion” bounce back toward the center.
- Volume: Recent trading volume has been light (approx. 7M vs. 14M average), suggesting that the recent price slide may lack the conviction of a major sell-off.
5. Analyst Consensus and Valuation
Wall Street remains cautiously optimistic about FUBO’s long-term trajectory. Despite the recent price drop, the consensus leans toward a “Buy/Hold” rating.
- Average Price Target: $4.58 (Representing a potential 80%+ upside from current levels).
- Rating Split: 17 Buy ratings, 3 Hold ratings, and 1 Sell rating across major tracking platforms.
- Valuation: With a market cap hovering around $880M, FUBO trades at a significant discount to its 2026 revenue targets, making it an attractive “high-beta” play for investors willing to weather the volatility of the streaming wars.
6. Key Dates & 2026 Timeline
Investors should keep these upcoming catalysts on their radar:
- February 2026: Expected release of Q4 2025 full-year earnings and the first full quarter of “post-merger” guidance.
- April 2026: Final rulings on several outstanding patent litigations involving FUBO Media.
- Mid-2026: Launch of the integrated “Fubo + Hulu” unified app interface.
Final Thoughts: The High-Risk, High-Reward Play
FUBO enters 2026 as a leaner, more profitable entity than it was two years ago. Having achieved positive Adjusted EBITDA for two consecutive quarters in 2025, the company has proved its business model can scale. While institutional trimming by Pacer and insider tax-related sales created a “noisy” December, the fundamental story remains tied to the successful integration of the Disney/Hulu assets.
For the patient investor, the gap between the current $2.52 price and the $4.58 analyst target represents a massive opportunity—provided the company can hit its $7 billion revenue target.
