FUBO → $16.00 by Oct 25, 2026.

FUBO trades at $8.30-8.60 ncluding Disney’s 70% stake, the look-through enterprise value is about $1 billion against $6.2 billion in annual revenue, or 0.16x sales. The market values each subscriber at roughly $140, versus $250–$400 in comparable pay-TV deals. Disney currently reimburses 95% of Hulu + Live TV programming costs, rising to 97.5% in 2027 and 99% from 2028. On an estimated $4.7 billion cost base, the annual shortfall falls from $235 million to $47 million, improving earnings by about …