Fox Corporation (NASDAQ:FOX) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Consensus "Hold" — Seven analysts give FOX an average "Hold" rating (1 sell, 2 hold, 4 buy) with a 12‑month average price target of $75, amid recent downgrades from Zacks and Wells Fargo and Bank of America's target cut to $45.
• Earnings beat and dividend — FOX reported $0.82 EPS (vs. $0.51 expected) and $5.18B revenue for the quarter, paid a $0.28 dividend (13.46% payout), and trades at about a 12.8 P/E with a $22.6B market cap.
• Insider selling and strategic risk/opportunity — CEO and COO sold large stakes in March (over 850k shares combined), with insiders selling ~1.59M shares (~$91.9M) in 90 days; the company is in talks to integrate Kalshi to boost digital monetization but faces structural risk if Big Tech captures major sports rights.

Fox Corporation (NASDAQ:FOX - Get Free Report) has earned an average recommendation of "Hold" from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $75.00.

A number of analysts have recently commented on the company. Zacks Research cut FOX from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 5th. Wells Fargo & Company lowered shares of FOX from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 5th. Bank of America restated an "underperform" rating and set a $45.00 price objective (down from $80.00) on shares of FOX in a report on Wednesday, February 25th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of FOX in a research note on Monday, December 29th. Finally, Guggenheim reiterated a "buy" rating and issued a $85.00 target price on shares of FOX in a report on Monday, December 22nd.

FOX Stock Down 1.3%

NASDAQ:FOX opened at $53.10 on Wednesday. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. FOX has a 12-month low of $43.18 and a 12-month high of $68.18. The stock's fifty day simple moving average is $55.51 and its 200-day simple moving average is $57.89. The firm has a market capitalization of $22.59 billion, a P/E ratio of 12.76, a P/E/G ratio of 6.59 and a beta of 0.59.

FOX (NASDAQ:FOX - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The business had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.06 billion. Equities research analysts expect that FOX will post 4.25 earnings per share for the current year.

FOX Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were given a $0.28 dividend. The ex-dividend date was Wednesday, March 4th. FOX's dividend payout ratio is currently 13.46%.

Insider Buying and Selling at FOX

In other FOX news, CEO Lachlan K. Murdoch sold 637,752 shares of FOX stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the transaction, the chief executive officer directly owned 152 shares in the company, valued at approximately $8,846.40. The trade was a 99.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO John Nallen sold 216,806 shares of the business's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $57.68, for a total value of $12,505,370.08. Following the completion of the transaction, the chief operating officer directly owned 362,206 shares of the company's stock, valued at approximately $20,892,042.08. The trade was a 37.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,586,871 shares of company stock worth $91,893,926 in the last ninety days. 23.06% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FOX

Institutional investors and hedge funds have recently modified their holdings of the business. Root Financial Partners LLC acquired a new stake in FOX during the 3rd quarter worth approximately $26,000. Quent Capital LLC bought a new position in FOX in the third quarter valued at approximately $32,000. Brown Brothers Harriman & Co. boosted its holdings in shares of FOX by 336.9% in the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company's stock valued at $35,000 after buying an additional 475 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of FOX during the third quarter worth $74,000. Finally, First Horizon Corp bought a new stake in shares of FOX during the third quarter worth $74,000. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX News Summary

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fox is reportedly in advanced talks to integrate Kalshi’s event/derivatives platform with Fox News and Fox Weather — a move that could create new engagement and commerce opportunities (e.g., betting-like event markets, data/licensing revenue, higher viewer stickiness) and diversify digital monetization beyond ads. Fox Corporation (FOXA) in Advance Talks With Kalshi
• Neutral Sentiment: FOX Weather’s high-profile coverage (Artemis II/space launch updates) and frequent Fox News programming (guest interviews such as Jamie Dimon on 'FOX & Friends') drive audience and brand reach — positive for ad impressions and platform relevance but with unclear near-term revenue lift. Artemis II countdown begins as 80% ‘Go’ weather forecast holds for Florida - FOX Weather
• Neutral Sentiment: High-profile interviews and political coverage keep Fox’s primetime and morning ratings competitive, supporting affiliate and ad revenue stability; however, ratings volatility tied to news cycles makes near-term revenue impact uneven. JPMorgan CEO Jamie Dimon sits down with 'FOX & Friends' on the economy - Fox News
• Negative Sentiment: A Reuters report warns Big Tech’s acquisition of major sports broadcast rights could weaken local TV economics — threatening retransmission fees, ad rates and the value of local stations that are an important part of Fox’s business mix (local TV groups and sports rights drive distribution and ad revenue). Regulatory scrutiny is possible, but the immediate implication is a structural risk to margins if rights migrate to tech platforms. Big Tech sports broadcast rights could imperil US local TV news, stations say - Reuters

About FOX

Fox Corporation NASDAQ: FOX is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX's core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.

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