Fubo stock headed for massive upside

hey how's it going guys welcome back to finance with John thank you for tuning in um monster monster week for fubo stock anyone who's been following here um this is just great to see um you know obviously I've been bullish on the stock for a while but it's good to to finally see some movement with it it's hard to keep talking about it week after week and say that the stock price hasn't done anything but now we're back into the twos so for everyone who's been here and kind of sticking out with this stock uh pretty big move awesome to see congrats uh you know it's uh it's going to be a fun ride going forward um but yeah sorry for the delay um I know I haven't posted here in like two months but if you follow me on X I've been very active on X um posting a lot pretty much daily and uh also if you're if you're not on X we do uh I've been doing a handful of spaces calls um and I'm kind of new to it too it's basically like a big uh I don't know like a live podcast almost um where you can just you know there I think last week was our biggest one we did one on Sunday just talking about uh the lawsuit and everything going on but I think we had like a hundred plus people tune in so it was pretty awesome to see the turnout um ton of a ton of fubo bowls and people that are regular on X were chiming in there um so if you want more regular updates um you know you can get more more updates there just to kind of see what's going on I'll jump to that after um but wow this uh this week was huge you know um before we were kind of stuck in that 13020 range um then obviously the news with the uh preliminary injunction being granted to fubo so that's a a massive massive uh first step for fubo um going forward with this lawsuit obviously there's many more steps to go um to me that's the biggest hurdle um at this point Disney and uh and their cronies have a appealed but um we'll kind of see how that goes from there but um you know it's it's a good first step to see I mean it always felt pretty you know pretty clear for fubo moving forward that they'd have a positive outcome on this um so pretty awesome to see that first step you know going forward it's you know I think there's going to be a lot more conversation about the unbundling it can really go any direction I'm not going to speculate um shahen a lot of you are familiar with him he has a channel on here he's active on X he's a uh an actual attorney he's got great videos on it um if you're not familiar with him just comment and I can link the video um where he talks about the lawsuit in more depth but there's there's a lot more that can come there as far as um you know positive impact back to the fubo business model and um you know possible damages being paid out so a lot a lot to come there I don't want to talk about the lawsuit too much because that can just go a million different directions um that's why I'll just point you to Shaheen's account um but yeah Monster Week made a huge jump basically from the $130 range up to basically $2 and the the good news about that is it's it's been over a week now that that news came out and they've h and they're sticking it out in this I think they closed today around 210 in uh the post market so uh it was really awesome to see you can see they had a little dip down into the 170s but the fact that they traded up to the twos and they're now holding above there is is awesome to see um you know there's a lot of concern you know if they being close to that dollar Mark and dipping below people worry about being Dlisted and um you know uh Poss possibility of bankrupt bankruptcy and things like that um now that it's in the twos obviously it's still in kind of penny stock territory but it's it's a big step the fact that they literally went up like 60 70% in the last week is um a big step in the right direction obviously we W want to keep this momentum going but the fact that they held this Zone um is H is huge so if they can keep trending up you know we can there's a real likelihood it can hit the threes by the end of this year so another you know potential 50% upside by the end of the year um but you know i' I've always felt this thing was massively undervalued they're just trading you know insanely low I think their market caps around 6 or 700 million on a you know annual revenue revenue of like 1.6 1.7 uh so to me it's like they can go you know 3x or so until they're even like fairly valued um but you know obviously there's still concern about the business model and Disney and the lawsuit and um and all that so um you know there's really a lot to keep an eye on um I don't want to keep harping on it but um one thing I posted if uh if you guys follow me on X um it was pretty cool this week I actually posted this uh this post on the free cash flow um I said since everyone seems so concerned about cash runway on fubo they ended Q2 with 161 million on hand which is typically one of their worst quarters for free cash flow I'll go into this more in a minute here um and they ended last year at negative 8 million that was their um that wasn't their net that was just their Q4 position but they basically burned $8 million in Q4 of last year so there's a very good chance and I'll show you in this other chart that they'll end this year you know in a positive position um for the quarter obviously for the full year net they'll be negative but but I think this kind of plays into their overall position of being uh you know positive free cash flow in 2025 so um you know worst case they maybe burn another $80 million in the first half of next year before you know being that positive overall for the year uh once people start to realize the cash flow position that bankruptcy is extremely unlikely I think we can see this thing 10x in the next 16 months um you know 10x puts them out like 20 bucks you know I'd love to see it hit 20 bucks next year um that's obviously the bullish case the Stock's been pushed down you know obviously do your due diligence you know this is not Financial advice you know all the usual but um to me there's a massive opportunity here they've essentially been priced for bankruptcy at their low they were at like 3x price to sales ratio um you know tech companies that um you know have a strong business model and our growing can be anywhere from like 5 to 10 X so um just the fact that they're at like a0 4.5x price to sales ratio right now is just insane so um you know that's where I really see the opportunity with this um you know I've talked about it quite a bit but um the cool thing you know I posted this you know I did a little some research on it I pulled this chart from uh Mumu I'll go into it in a minute though um but really just looking at last year so you can see you know Q4 is typically their um you know their least amount of cash burn so Q4 of 22 and then q1 and Q2 heavy cash burn you know 23 is 82 million 75 million and then they you know Q3 30ga 33 million q48 million um and then so this year um you know if you kind of look at like you know you have a slight improvement from q1 to Q2 we had a pretty big Improvement honestly this year from q1 to Q2 but we are only at 35 in Q2 compared to70 you know almost 76 of last year so that's what I'm saying like if you look at this movement here between q1 to Q2 they're pretty heavy Burns and then Q3 and Q4 are like big big moves so if you can imagine you know we might be close to break even and Q3 but I'm expecting honestly a positive Q4 and I mean everyone thinks they're just burning through cash like crazy so they ended uh Q2 at 161 million so if they can be close let's you know let's be conservative let's say they're at -10 million in Q3 you know slightly positive in Q4 you know they maybe burned five million between those two quarters and then even like you know last year 8275 if they can half that and basically be at you know burning like let's just call it 40 and 40 for q1 and Q2 um you know they're burning 80 $85 million between the first half of next year and then if you think by that point they'll be pretty positive by Q3 and Q4 so um I'm feeling pretty good the fact that they really are only you know obviously I'm making assumptions here um but I'm thinking they'll be in that 80 to 90 million of burn in between the rest of this year and into next year you know they have 161 million on hand so they have a pretty pretty big buffer um and and um you know it's pretty cool to see because uh honestly I think it's uh pretty pretty good to see but this was actually can I see that no I can't but David gandler the CEO he uh he retweeted this which is kind of cool because I didn't even tag him in it so he's clearly keeping an eye on what people are posting about the company um but the fact that he reposted it my numbers can't be that far off um so um pretty cool to see I'm feeling good about it and that's why I really love the opportunity here obviously the the stock price has just been smashed you know over the last eight months but to see this recent momentum and then going into Q3 and Q4 with with more solid numbers um and you know getting closer and closer profitability and feeling really good about it um but uh and this chart I actually pulled um from Mumu that's what I use for um one of my accounts anyway uh this isn't sponsored or anything I just uh they have pretty good data um even on their app but just on the you know I'm on the website here but this is where I pulled this chart for their free cash flow um so it's pretty interactive you can just kind of look at some of these different charts here but um you know to me it's like the fact that they might burn 80 or 90 million more with 160 million on hand you know I think it you know positions them pretty well especially now you know they had pretty solid earnings on Q2 that they released a couple weeks ago um and then Q3 and Q4 are pretty solid just with uh NFL starting up in Fall Sports uh but they you know continue to make progress you know they continue to to Really uh do well with utilizing their the data on their platform you know honestly like I use their app on a you know Samsung Smart TV which arguably like isn't their best supported I know like Apple TV has probably better support um with multi view and they have some more features on there but even on my Samsung TV like the app's gotten way better the you know AI recommendations that they're using like it's you know it's it's honestly like looking way way better you know just using the product um so I have to imagine that they're starting to use that data that they're collecting on their users it's something um something like two billion data points a month I want to say that David quoted in one of the previous um shows he was on but um you know just the amount of data that they're collecting and how they can Target um their users a little bit better is uh you know only going to help them going forward as they continue to kind of optimize their platform and how they're using it and uh really that drives engagement ad Revenue things like that um but uh yeah that's you know to me that was a big call out I've been posting a ton on here you know feel free to to follow me on there and chime in um but the other big news is um obviously the fubo partnership with B bkfc has been expanded they have their fast Channel and I think this has actually been out a few weeks um because I think I saw it on fubo a little little while ago but they were streaming some of the fights on the fubo sports fast Channel and now you know this is obviously expanding with bkfc to have its own dedicated channel so um bkfc honestly like me and my girlfriend have been watching it more pretty fun to watch um you know it's really intense like really you know the sports growing quite a bit they're doing fights pretty much every weekend now and um you know it seems like it's growing a ton so the fact that they're still expanding this partnership and um you know continuing to grow you know both Brands to to you know to me it's helping out bkfc and then fubo um you know pretty pretty good to see but um you know I think this kind of opens the door for in the future you know I don't know where you know where bkfc goes if they want to like offer pay-per-view through fubo you know there's a ton of different ways they can spin it but um you know the fact that fubo is getting all this kind of attention through the you know viewers of bkfc is um you know really only going to help the brand overall but that's kind of what I wanted to cover you know there's tons of info on the Q2 earnings but Q2 earnings are really strong um for historically a week quarter um so I'm really looking forward to going into Q3 and Q4 you know the fact that they're already up you know holding pretty well to this $2 Zone um you know really looks pretty good and then with the uh you know they have you know quite a few positives that can come up you know through the rest of this year Q3 and Q4 earnings you know the strength of NFL uh popping back up in the next couple weeks here and then with um you know more positives potentially on the lawsuit feeling pretty strong about it um let me know what you guys think think um but to me it's like they seem positioned pretty well you know they sandag their numbers quite a bit for their subscribers and revenue um I'm thinking they're going to come in pretty strong for this year I don't know that they'll quite be 20% growth on Revenue but um if they're in that 15% range that'll be pretty good and um and I I didn't want to go into it too much but the uh if you guys have been following me on X the uh whole Paramount uh Saga with uh I know they've been kind of working on who's going to be the new owners of Paramount but um another potential big uh catalyst is uh you know the chairman of fubo that um chairman of the board for fubo is uh edar Edgar brontman Jr he's trying to buy Paramount and you know I don't know if it's going to be a bidding war I know he raised his offer I think it's around six billion now but to me with him being tied closely to fubo and he's got you know almost 2 million shares of fubo at this point if there cuz Paramount's really like bleeding cash right now if he can work some sort of I don't know if he spins off the streaming side of Paramount or what but there's a ton of synergies that can work between the two streaming platforms and obviously you know if there was some sort of partnership between Paramount and fubo there can be a lot of growth there so more to come on that it's pretty speculative at this point there's really not a lot um but just another thing to C kind of keep an eye on as a catalyst but that's all I got for you guys thanks for tuning in take it easy