11 Stocks That Will Go to the Moon According to Reddit

9. Fubotv Inc. (NYSE:FUBO)

Upside Potential as of March 3: 98.02%

Number of Hedge Fund Holders: 13

Fubotv Inc. (NYSE:FUBO) operates a live TV streaming platform for live sports, news, and entertainment content in the US and internationally. Its platform allows customers to access content through streaming devices, along with on Smart TVs, mobile phones, tablets, and computers.

Its primary revenue comes from its North American streaming subscription business, particularly the sports-focused live TV offerings. In FY24, it achieved ~$1.6 billion in North American revenue, which was a 19% year-over-year increase. Paid subscribers reached a record 1,676,000, which was 4% higher than the previous year. The company is expanding its offerings by combining Hulu + Live TV under Fubotv Inc. (NYSE:FUBO) and launching a new sports and broadcasting service for the fall 2025 season.  It also launched a Z Family bundle for the South Asian demographic to improve multicultural bundles.

The company is focused on improving profitability. It reduced adjusted EBITDA and improved free cash flow by over $100 million in FY24. In FQ4 alone, it achieved its first positive free cash flow of $16.3 million. For the first quarter of FY25, it expects 1,430K to 1,460K North American subscribers and $400 to $410 million in revenue.