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

Key Points

• Analysts rate FOXA “Hold” overall: Of 18 firms, nine recommend holding, eight recommend buying and one recommends selling. The average 12-month price target is $73.56.
• Fox delivered a strong fiscal fourth quarter: Revenue rose 28.1% year over year to $4.21 billion, while adjusted EPS of $1.79 exceeded the $1.44 consensus estimate, aided by World Cup-driven advertising growth.
• Streaming expansion offers upside but adds execution risk: Tubi and sports rights support Fox’s advertising position, while its planned $22 billion Roku acquisition could expand streaming reach but create integration and deal-execution uncertainty.

Shares of Fox Corporation (NASDAQ:FOXA - Get Free Report) have been given a consensus rating of "Hold" by the eighteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $73.5625.

A number of analysts have weighed in on the company. Seaport Research Partners lowered FOX from a "buy" rating to a "neutral" rating in a report on Friday. Zacks Research cut FOX from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $79.00 target price on shares of FOX in a research note on Tuesday, May 12th. JPMorgan Chase & Co. boosted their target price on shares of FOX from $69.00 to $70.00 and gave the stock a "neutral" rating in a report on Tuesday, May 12th. Finally, UBS Group reiterated a "neutral" rating on shares of FOX in a research note on Monday, June 15th.

Key Stories Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Quarterly results exceeded expectations. Fox reported fiscal Q4 revenue of $4.21 billion, up 28.1% year over year and above the $3.64 billion consensus estimate. Adjusted EPS was $1.79, beating estimates ranging from $1.34 to $1.44 and increasing from $1.27 a year earlier. Fox fiscal 2026 results
• Positive Sentiment: World Cup significantly boosted advertising. FIFA Men’s World Cup coverage helped drive a 78% increase in advertising revenue, while total revenue, net income and adjusted EBITDA reached $4.21 billion, $696 million and $1.20 billion, respectively. Management’s commentary also supports optimism for fiscal 2027. Fox advertising and Tubi World Cup growth
• Positive Sentiment: Tubi and sports rights provide operating support. World Cup audiences and tournament content helped Fox’s free, ad-supported Tubi platform, while Fox expects to retain its NFL media rights agreement through 2029. This strengthens the company’s premium live-sports and advertising positioning. Fox NFL rights through 2029
• Positive Sentiment: Fox declared a $0.29-per-share dividend. Shareholders of record on September 2 are scheduled to receive payment on September 23, providing an additional shareholder return.
• Neutral Sentiment: Roku’s pending acquisition adds both opportunity and uncertainty. Roku reported quarterly results but provided no financial outlook because Fox has agreed to acquire the streaming company. The transaction could expand Fox’s streaming reach, but investors may remain focused on integration and deal-execution risks. Roku second-quarter results
• Negative Sentiment: Zacks Research downgraded FOXA from “strong buy” to “hold.” The call may limit some near-term upside, although it was outweighed by the company’s earnings and revenue beats.

Hedge Funds Weigh In On FOX

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in shares of FOX by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 6,534,627 shares of the company's stock valued at $476,248,000 after buying an additional 29,923 shares during the last quarter. Ameriprise Financial Inc. lifted its position in FOX by 72.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,821,284 shares of the company's stock worth $101,948,000 after acquiring an additional 762,645 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new stake in FOX during the 4th quarter valued at about $67,467,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of FOX by 3.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 572,145 shares of the company's stock valued at $41,807,000 after purchasing an additional 16,716 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of FOX by 299.8% in the first quarter. SG Americas Securities LLC now owns 511,811 shares of the company's stock valued at $29,890,000 after purchasing an additional 383,782 shares during the period. 52.52% of the stock is owned by hedge funds and other institutional investors.

FOX Price Performance

NASDAQ:FOXA opened at $64.03 on Monday. FOX has a 1-year low of $48.34 and a 1-year high of $76.39. The company has a 50-day moving average of $57.49 and a 200 day moving average of $60.62. The firm has a market cap of $26.90 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.82 and a beta of 0.54. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.17 and a quick ratio of 2.99.

FOX (NASDAQ:FOXA - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.79 EPS for the quarter, beating analysts' consensus estimates of $1.44 by $0.35. FOX had a net margin of 9.84% and a return on equity of 20.64%. The business had revenue of $4.21 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm posted $1.27 EPS. The company's revenue for the quarter was up 28.1% on a year-over-year basis. As a group, research analysts anticipate that FOX will post 5.76 EPS for the current fiscal year.

FOX Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.29 per share. The ex-dividend date is Wednesday, September 2nd. This represents a dividend yield of 94.0%. FOX's payout ratio is presently 14.62%.

FOX Company Profile

Fox Corporation NASDAQ: FOXA is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp's operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.

Fox produces, acquires and distributes a range of live and recorded programming, including news, opinion and commentary, national and local sports telecasts, and general entertainment.

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