This Stock Has More Than Doubled Already in 2025. Is It a Buy?

Core Viewpoint - FuboTV has experienced a significant stock price increase in 2025 after a poor performance in 2024, raising questions about its future potential as a streaming stock [1] Group 1: Challenges Faced by FuboTV - FuboTV struggled due to its focus on sports, which are seasonal, leading to fluctuating subscriber numbers [2] - Subscription growth declined substantially in the previous year, compounding the company's challenges [2][3] - The company remained deeply unprofitable, raising investor concerns about achieving consistent profitability [3] - FuboTV faced competition from a new sports-focused streaming platform, Venu, backed by major media corporations [4] Group 2: Recent Developments - In January, FuboTV announced a merger with Disney's Hulu+ Live TV, significantly increasing its subscriber base to 6.2 million in North America [5][6] - The merger diversifies FuboTV's offerings, reducing its reliance on seasonal sports streaming [6] - The Venu project has been abandoned following the settlement of antitrust litigation with Disney and other parties [6] Group 3: Financial Implications - As part of the merger, FuboTV will receive $220 million from Disney, Fox, and Warner Bros., along with a$145 million term loan facility from Disney [7] - Prior to the deal, FuboTV had only $161.4 million in cash and equivalents, making this financial support crucial [7] Group 4: Future Outlook - The new FuboTV will be approximately 70% owned by Disney, which has a successful track record in streaming [8] - The backing of experienced media companies is expected to enhance FuboTV's competitiveness in the market [9] - Despite potential challenges from competitors like Netflix, the long-term outlook for FuboTV appears more promising due to its diversified business model and increased funding [10][11]