FuboTV Pops 22% on Strong Q2 Results and First Positive EBITDA
FuboTV Inc. (FUBO) soared 22.03%, leading the PRISM Emerging Sports Index, after releasing upbeat preliminary Q2 2025 results. The streaming platform exceeded revenue and subscriber guidance, expecting over $365 million in North America revenue and 1.35 million paid subscribers. Crucially, the company also projected at least $20 million in positive adjusted EBITDA, the first in its history, signaling meaningful progress toward profitability. While guidance is paused due to its pending merger with Hulu + Live TV, investors responded positively to operational strength and improving financials.
Peloton Climbs 19% on UBS Upgrade and Cost-Cutting Trajectory
Peloton Interactive, Inc. (PTON) jumped 19%, boosting the PRISM Emerging Consumer Products Index, following an upgrade to “Buy” from UBS. Analysts cited deep cost reductions and improved operating efficiency as key drivers for earnings growth. UBS raised its price target to $11 and projected FY 2026 EBITDA between $400 million and $450 million which is well above Street consensus. Strengthening user engagement and anticipated revenue gains from subscription price increases also supported bullish sentiment.
Other PRISM Mid-Day Movers:
- Capricor Therapeutics, Inc. (CAPR) up 19.66%
- Adial Pharmaceuticals, Inc. (ADIL) down 19.34%
- Psyence Biomedical Ltd (PBM) down 16.93%
The post PRISM Mid-Day Movers: Streaming Momentum and Fitness Product Turnaround Drive Consumer Strength appeared first on PRISM MarketView.
