FOX (NASDAQ:FOXA) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says

FOX (NASDAQ:FOXA) had its price target lifted by equities researchers at Sanford C. Bernstein from $73.00 to $74.00 in a research report issued on Tuesday. The firm currently has a “market perform” rating on the stock. Sanford C. Bernstein‘s price objective suggests a potential upside of 10.28% from the stock’s previous close.

Several other research firms also recently weighed in on FOXA. Seaport Research Partners downgraded FOX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft boosted their target price on FOX from $80.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research raised FOX from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. Wells Fargo & Company upgraded FOX from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $65.00 to $80.00 in a research report on Friday, August 14th. Finally, Weiss Ratings raised FOX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, October 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, FOX presently has an average rating of “Moderate Buy” and a consensus target price of $79.16.

FOX Stock Performance

Shares of FOXA stock traded up $4.34 during midday trading on Tuesday, hitting $67.10. The company had a trading volume of 9,424,019 shares, compared to its average volume of 4,855,078. The stock has a market cap of $28.16 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.10 and a beta of 0.60. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.17 and a quick ratio of 2.99. The company’s 50 day simple moving average is $64.97 and its 200 day simple moving average is $62.26. FOX has a 52-week low of $48.34 and a 52-week high of $76.39.

FOX (NASDAQ:FOXA) last issued its quarterly earnings results on Monday, November 2nd. The company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.55. FOX had a net margin of 9.84% and a return on equity of 20.64%. The business had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same period in the previous year, the business posted $1.51 earnings per share. The business’s revenue was up 22.3% compared to the same quarter last year. Research analysts anticipate that FOX will post 6.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lachlan Murdoch purchased 149,934 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was bought at an average price of $68.53 per share, with a total value of $10,274,977.02. Following the completion of the transaction, the chief executive officer owned 1,401,713 shares of the company’s stock, valued at approximately $96,059,391.89. This represents a 11.98% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 20.89% of the company’s stock.

Hedge Funds Weigh In On FOX

Institutional investors have recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of FOX during the third quarter valued at $44,000. PFS Partners LLC purchased a new stake in FOX during the 3rd quarter worth about $44,000. Elevation Wealth Partners LLC increased its position in FOX by 811.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 911 shares of the company’s stock worth $57,000 after purchasing an additional 811 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its stake in FOX by 75.7% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,056 shares of the company’s stock valued at $66,000 after purchasing an additional 455 shares during the last quarter. Finally, Covestor Ltd raised its stake in FOX by 99.1% in the 3rd quarter. Covestor Ltd now owns 1,105 shares of the company’s stock valued at $69,000 after purchasing an additional 550 shares during the last quarter. 52.52% of the stock is owned by institutional investors and hedge funds.

More FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fox reported fiscal Q1 2027 revenue of $4.57 billion, up 22% year over year, and earnings of $2.54 per share, beating the $1.99 consensus estimate. Advertising revenue surged 47.4%, supported by FIFA World Cup broadcasts, political campaigns and streaming service Tubi. FOXA Q1 Earnings & Revenues Surpass Estimates, Both Increase Y/Y
• Positive Sentiment: JPMorgan raised its price target from $82 to $83 and maintained an “overweight” rating, signaling continued analyst confidence in Fox’s outlook. JPMorgan analyst recommendations
• Positive Sentiment: A report that the DOJ is nearing approval of a Roku/Fox deal could reduce regulatory uncertainty around the transaction. Roku/Fox spread narrows amid report DOJ is near approving deal
• Neutral Sentiment: World Cup and election-related advertising boosted results, while Tubi’s growth and wider connected-TV ad demand offer additional opportunities. However, investors may watch whether advertising momentum holds once these major events pass. Election Ads and the World Cup Fuel Fox Earnings Beat. There’s More Where That Came From.
• Negative Sentiment: Fox CEO Lachlan Murdoch noted “viewer fatigue” around the midterms amid year-over-year Fox News audience declines. Separate commentary suggests the stock may already reflect substantial gains after a reported 109% rise, which could limit further upside. Lachlan Murdoch Notes Fox News “Viewer Fatigue” Around Midterms Fox (FOXA) Stock Looks Fully Priced After Its 109% Rise

FOX Company Profile

Fox Corporation (NASDAQ: FOXA) is a U.S. media and entertainment company that produces and distributes news, sports, and entertainment programming. Its portfolio includes FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and the ad-supported streaming service Tubi.

FOX News Media operates FOX News Channel, FOX Business Network, and related digital platforms. FOX Sports provides national and regional sports programming, while FOX Entertainment develops and distributes scripted and unscripted television content.