FUBO stock is in focus today after Fubo repurchased US$140.2 million of its 2026 convertible notes, funded by a US$145 million Disney affiliate loan. The move eases the 2026 debt wall and lowers near term refinancing risk. For Canadian investors, this matters because credit stress can drive equity swings and FX returns. Recent data show FUBO stock around US$2.58 with high volatility. Attention now shifts to final repurchase tallies, any dilution or covenant terms, and what this balance sheet step means ahead of February 27, 2026 earnings.
Debt move and funding at a glance
Fubo confirmed buying back US$140.2 million of its 2026 convertible notes, financed with a US$145 million Disney affiliate loan. The transaction targets the near term maturity wall and cuts refinancing risk into 2026. Final tallies and pricing will be key. We will watch filings for terms and any added flexibility. See coverage here source.
Reducing 2026 debt helps, but liquidity remains a focus. Current ratio sits at 0.69 and working capital is about negative US$176.9 million. Debt to equity is 0.93 while net debt to EBITDA is 0.54. Interest coverage is negative at -4.84, so savings from the debt repurchase matter. Investors should look for interest expense reductions and any minimum liquidity requirements.
Equity outcomes, dilution, and covenants
Convertible notes can become shares if conversion terms are met. Repurchasing a large slice trims potential future dilution and reduces overhang on trading. We have not seen final details on any equity consideration. Until then, FUBO stock holders should watch filings for share count changes, warrants, or sweeteners that might alter ownership and earnings per share math.
The Disney affiliate loan adds capital but may include covenants such as liens, cash sweeps, or minimum cash. Specifics are not fully public yet. Investors should review upcoming disclosures for rate, collateral, and flexibility. For background on investor reaction to the loan and content momentum, see this overview source article.
Trading snapshot and technical context
FUBO stock recently traded near US$2.58, within a day range of US$2.54 to US$2.63. The 50 day average is US$3.02 and the 200 day average is US$3.37. RSI at 32.71 and CCI at -129 flag oversold risk. Watch US$2.44 as lower Bollinger support and US$2.83 as resistance. ADX at 36 suggests a strong trend, so moves can extend.
Volume is 11.11 million versus a 14.10 million average. Analysts show 3 Buy and 1 Hold ratings, implying a Buy leaning. FUBO stock carries a Stock Grade of B+ with a BUY suggestion and a Company Rating of B+ with a Neutral stance. Earnings are slated for February 27, 2026.
What Canadian investors should do next
Fubo trades on the NYSE in U.S. dollars, so Canadian returns will vary with USD CAD moves and FX fees. FUBO stock does not pay a dividend, so U.S. withholding is not a factor today. Consider account choice, FX costs, and position sizing before trading through Canadian broker platforms. Liquidity is highest on the U.S. listing.
Into earnings, track the final size and pricing of the 2026 convertible notes repurchase, interest savings, and any new covenants from the Disney affiliate loan. Watch subscriber trends, ARPU, content costs, and cash burn. For FUBO stock, have alerts on US$2.44, US$2.83, and the 50 day average near US$3.02. Volatility around results can be sharp.
Final Thoughts
The US$140.2 million repurchase trims Fubo’s 2026 maturity wall and reduces near term refinancing risk. That is constructive for credit and, by extension, equity sentiment. The main unknowns are the final tally, pricing, and any covenants tied to the US$145 million Disney affiliate loan. Liquidity metrics still look tight, so execution matters.
For Canadian investors, FUBO stock remains a higher risk, event driven trade. A clear update on debt, interest savings, and cash can reset perceptions into February 27 earnings. Technically, oversold readings and defined levels at US$2.44, US$2.83, and US$3.02 offer a plan. Size positions carefully, factor FX, and set alerts for filings. If fundamentals improve, FUBO stock can re rate. Watch subscriber growth, average revenue per user, and content cost discipline. Confirm any minimum liquidity thresholds and collateral terms on the new loan. A modest pickup in free cash flow and revenue quality would support multiple expansion. Absent that, avoid chasing breakouts and wait for confirmation on volume.
FAQs
What did Fubo announce, and why does it matter for 2026?
Fubo said it repurchased US$140.2 million of its 2026 convertible notes, using a US$145 million Disney affiliate loan. This reduces the 2026 maturity wall and lowers near term refinancing risk. It may cut interest costs and lessen default concerns, which can improve sentiment ahead of the next earnings update.
Does the Disney affiliate loan increase dilution risk?
A loan does not dilute by itself. Dilution would come from equity issued to retire notes or from equity-linked features. We have not seen final details. Review upcoming filings for any share issuance, warrants, or convert adjustments tied to the debt repurchase and the new loan’s covenants.
How are technicals setting up for FUBO stock now?
RSI at 32.71 and CCI at -129 flag oversold risk, while ADX at 36 signals a strong trend. Key levels are US$2.44 support, US$2.83 resistance, and the 50 day average near US$3.02. A close above US$2.83 on rising volume would strengthen a near term rebound case.
What should Canadian investors check before buying?
Confirm final repurchase tallies, interest savings, and any covenants from the Disney affiliate loan. Review liquidity trends, cash, and guidance on subscriber growth and content costs. Consider FX impact from USD CAD moves and trading fees. Set alerts for filings and the February 27, 2026 earnings date.
Disclaimer:
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Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
