FuboTV Inc (NYSE:FUBO) shares recently saw a 300% surge driven by the announcement of a new partnership with Walt Disney Co (NYSE:DIS).

What To Know: The agreement, which positions Disney to own 70% of a combined FuboTV and Hulu+LiveTV entity, is expected to close within 12 to 18 months.

Analysts suggest the merger could improve economies of scale, reduce litigation risks and expand Fubo's content offerings, including access to Disney and Fox content outside Hulu+LiveTV bundles.

The combined company is projected to have 6.2 million subscribers, with revenue reaching $6.5 billion to $7 billion by 2026. While Roth MKM analyst Darren Aftahi raised Fubo's price target from $2 to $4.75, he maintained a Neutral rating, citing uncertainty over organic subscriber growth.

Disney meanwhile benefits from reduced management responsibilities for Hulu+LiveTV and expanded streaming options, including a future ESPN flagship platform.

How To Buy FUBO Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in FuboTV's case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, FUBO has a 52-week high of $6.45 and a 52-week low of $1.10.