DailyIQ
|
DailyIQ
|
Sector:Communication ServicesAll sectors
Last updated1 minute ago

FOX·Fox Corporation

$59.56
-0.43 (-0.72%)
High
$59.99
Open
$59.74
Market Cap
26.98B
52W High
$68.18
Low
$57.50
P. Close
$59.56
P/E
13.29
52W Low
$44.08
Fwd P/E
9.73
DailyIQ Est.
-
Inst. Own.
24.6%
Short Interest
2.01%
Days to Cover
11.2
Div. Yield
0.95%
Next Ex-Div
~Mar 3
Div. Growth
5+ yrs
NewEarnings release, scored · filed Nov 2, 2026tone -18.3 vs prior release · 57 lines scoredSee the breakdown
Technical Score (1D)
34
BEARISH
News Sentiment
72
BULLISH
On Nov 6, Fox Corp reported first‑quarter 2027 revenue of $4.6 billion, a 22 percent year‑over‑year increase, and EBITDA of $1.64 billion, up 54 percent. The gains were driven by a 47 percent rise in advertising revenue from the FIFA World Cup, higher political advertising, and a 35 percent growth in its streaming platform Tubi. Distribution and cable segments also contributed modestly to the top‑line growth, while operating expenses rose 10 percent mainly due to World Cup costs and digital content spending. The company highlighted that the World Cup and Tubi growth were key contributors to the record earnings. These results were announced during the company’s earnings call on Nov 6.
FOX|Analyst Targets
Sector
Communication Services
Industry
Entertainment
Exchange
NMS
Country
United States
Website
foxcorporation.com
Symbol
FOX
Description
Fox Corporation is a media enterprise primarily focused on news, sports, and entertainment programming within the United States. The company's core value proposition lies in its diverse content offerings, distributed across multiple platforms. Its primary revenue streams are generated by its Cable Network Programming and Television segments, which include the FOX broadcast network, advertising-supported video-on-demand platform Tubi, and a portfolio of cable channels. Fox Corporation also operates a consumer finance marketplace through its Credible segment, and provides production services for television and film through its FOX Studio Lot segment. Incorporated in 2018 and headquartered in New York City, the company's competitive advantage stems from its established brand recognition and broad distribution network.
Bought (1Y)
149,934 shares
$10.3M
Sold (1Y)
453,787 shares
$31.1M
CAREY CHASE-
Award/Grant3,230 shares2026-11-04
Ryan Paul D-
Award/Grant3,230 shares2026-11-04
HERNANDEZ ROLAND A-
Award/Grant3,230 shares2026-11-04
Burck William A-
Award/Grant3,230 shares2026-11-04
Johnson Margaret L-
Award/Grant3,230 shares2026-11-04
View full insider trading history →
74/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Net Margin
12.9%
Revenue CAGR
6.3%
Current Ratio
3.17x
Debt / Equity
0.57x
Return on Equity
18.9%
View full financials →
Earnings Summary
In the most recent quarter reported on October 19, Fox posted earnings of $1.79 per share, surpassing the consensus estimate of $1.34 by 33.6 percent, and maintained an average beat of 31.5 percent over the last two quarters, indicating consistent profitability. Revenue for that quarter was $5.078 billion, up from $4.371 billion in the prior quarter, reflecting a 16.8 percent year‑over‑year increase and a 16.4 percent sequential rise, suggesting accelerating top‑line growth. Historically, Fox has delivered EPS growth in 3 of the last 4 quarters, while revenue growth has been steady but modest, with a 5.8 percent annualized increase over five years that lags sector peers. The company’s recent leadership change—Adam Ciongoli stepping down as Chief Legal and Policy Officer and Nicholas Trutanich assuming General Counsel—was noted as a routine governance adjustment with no immediate financial impact. Analysts have raised short‑term price targets to an average of $75.92, implying a 30 percent upside from the current price, reflecting a cautiously optimistic view of the company’s valuation. Key will be monitoring the company’s guidance for the next quarter, particularly any adjustments to revenue projections or cost‑control initiatives that could affect the EPS trajectory.

EPS

EstBeatMiss
$0.84$0.91$0.99$1.06$1.14Q3'26
QtrEstActual+/−
Q3'26$0.99 - -

Revenue

EstBeatMiss
$3.9B$3.9B$3.9B$3.9B$3.9BQ3'26
QtrEstActual+/−
Q3'26$3.9B - -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

FOX Stock Snapshot

BEARISH34/100
$59.56−$0.43 (0.7%)
Market cap
26.98B
P/E ratio
13.3
Day range
$57.50 – $59.99
News sentiment
72/100 · Bullish
52-week range+35.1% off low · -12.6% from high
$44.08$68.18
Price $59.56

FOX is on the weaker side of its setup, with little confirmation for a reversal yet. In Communication Services, names this size usually take direction from sector flows before company-level news.

Reverse DCF

What growth is priced into FOX?

CHEAP

At today's price, Fox Corporation needs to grow free cash flow about -1.3% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 7.10% cost of capital. Over the last five years its revenue has trended at 5.1% a year, so the market is asking for 6.4 percentage points below its own delivered rate. On that basis FOX looks priced below what its own growth record supports.

Implied FCF growth
-1.3%
Growth trend
5.1%
Growth gap
-6.4 pts
Verdict
CHEAP
Discount rate (WACC)
7.10%
Beta
0.67

Behaviour On Record

What FOX's own history says about today's numbers

Realized volatility (21d)
35.1% 78th pct
Below its peak
-8.4%
vs 200-day average
+11.3%
Up days (1y)
53%

Fox Corporation is currently running 35.1% annualised volatility over the last 21 sessions. Measured against FOX's own 8 years of daily returns rather than a market-wide average, that is the 78th percentile — elevated for this stock, against a typical reading of 26.4%.

FOX is trading -8.4% below its running peak. Across 8 full years on file, its median worst-drawdown-in-a-year was -24.5%, and the deepest was -49.2% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +11.3% from its 200-day moving average. Against every other day in its history, that gap ranks at the 75th percentile — a somewhat wider gap than its own norm. Over the past year FOX closed higher on 53% of sessions, and it is currently 3 sessions into a rising streak.

On November specifically: over 7 years of records, FOX finished the month higher 5 of 7 times, with a median return of +5.2% and an average of +3.9%. Its strongest month historically has been January at +5.0% on average, its weakest February at -4.2%.

Overnight risk is measurable too: FOX has opened more than 2% away from the prior close in 109 of 1,924 sessions (5.7% of the time), with the largest gaps running +9.9% and -27.2%.

Across the last 3 dated reports on file, FOX moved an average of 4.0% in the session after earnings, closing higher 2 of those 3 times, with a median move of +3.0% and a largest of +6.6%.

All figures computed from 1,925 daily closes between 2019-03-13 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against FOX's own 8-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of FOX's sector?

Fox Corporation sits in the Communication Services sector, currently ranked 10th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#10 of 12
Sector state
Improving
Sector rotation score
36

Options Market

What is the options market pricing for FOX?

CallsPuts

For Fox Corporation's nearest expiry (2026-11-20, 14 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.44), with at-the-money implied volatility around 3.1%. The options market is pricing roughly a ±3.1% move by that expiry — a range of about $56.80–$60.38.

Put/call ratio (2026-11-20)
0.44
ATM implied volatility
3.1%
Total open interest
88
Expected move by 2026-11-20
±3.1% ($56.80–$60.38)

Analyst Consensus Estimates

What do analysts expect FOX to earn?

Analysts expect Fox Corporation to earn $6.23 per share in the fiscal year ending Jun 2027 and $6.47 in the fiscal year ending Jun 2029, from 2 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.

Quarter endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Sep 2026$2.12$2.12 to $2.133--
Dec 2026$1.04$0.95 to $1.142--
Mar 2027$1.79$1.39 to $2.182--
Jun 2027$1.54$1.45 to $1.622--
Fiscal year endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Jun 2027$6.23$5.90 to $7.064--
Jun 2028$6.07$5.58 to $6.904--
Jun 2029$6.47$6.40 to $6.532--

Analyst Rating Changes

Are analysts turning bullish or bearish on FOX?

JP Morgan most recently upgraded Fox Corporation to Overweight on Aug 14, 2026 with a price target of $82 (from $70). Over the last 90 days, coverage has run 1 upgrade against 0 downgrades, a net bullish lean.

Latest action
JP Morgan: Overweight
90-day upgrades
1
90-day downgrades
0
Net rating momentum
+1
DateFirmActionRatingPrice target
Aug 14, 2026JP MorganUpgradeNeutral → Overweight$70 → $82
Aug 7, 2026Seaport GlobalDowngradeBuy → Neutral-
Feb 25, 2026B of A SecuritiesDowngradeBuy → Underperform$80 → $45
Mar 22, 2023RosenblattReiteratedNeutral$35
Aug 11, 2022Credit SuisseMaintainedOutperform$48 → $46
Jun 2, 2022Wolfe ResearchDowngradeOutperform → Peer Perform$52 → $39
Dec 14, 2021MacquarieMaintainedNeutral$40 → $37
Nov 5, 2021Goldman SachsMaintainedSell$29 → $33
Jul 22, 2020Credit SuisseMaintainedOutperform$37 → $34
Apr 2, 2020GuggenheimUpgradeNeutral → Buy-
Feb 6, 2020JP MorganMaintainedOverweight$40 → $42
Mar 16, 2018Loop CapitalInitiatedBuy$43

Earnings Release, Scored

What did Fox Corporation's latest earnings release say?

Filed Nov 2, 2026 · SEC Form 8-K, Exhibit 99

Tone69.5/ 100-18.3 vs prior release
Hedging words0.28per 100 words+0.05 vs prior release
Tone, last 3 releasesScale 50–93

Most important lines

  1. 1

    "FOX has had an outstanding start to fiscal 2027 with first-quarter records for revenue and Adjusted EBITDA underpinned by robust growth in both advertising and distribution revenue.

    New this quarter
  2. 2

    Distribution revenue increased $110 million or 10% primarily due to contractual price increases and an increase in the average number of subscribers.

  3. 3

    Distribution revenue increased $29 million or 4%, driven primarily by higher average rates at the Company's owned and operated television stations and an increase in the average number of subscribers.

Scores describe the release's wording. They are not a forecast.

Read all 57 scored lines →

Peers

FOX peers

EntertainmentMarket cap · today

News & sentiment

What is the news saying about FOX?

FOX rose 7.2% over the month to Nov 6. News tone held between 0 and 81 from Oct 6 to Oct 23, then jumped to 72 on Oct 26.

Daily close and news tone, Oct 6 to Nov 6
$55$60Oct 6: tone 61Oct 7: tone 0Oct 8: tone 16Oct 9: tone 25Oct 12: tone 48Oct 13: tone 27Oct 14: tone 57Oct 15: tone 59Oct 16: tone 78Oct 19: tone 51Oct 20: tone 80Oct 21: tone 81Oct 22: tone 46Oct 23: tone 0Oct 26: tone 72Oct 27: tone 62Oct 28Oct 29: tone 81Oct 30: tone 75Nov 2: tone 71Nov 3: tone 60Nov 4: tone 44Nov 5: tone 58Nov 6: tone 77Oct 6News toneNov 6123
  1. Oct 22 +3.7%same day: Why Is Fox (FOXA) Recasting Its Top Legal Team Now?
  2. Nov 3 +7.4%same day: Fox’s $22 billion Roku deal poised to clear U.S. antitrust review - Semafor
  3. Nov 4 +3.3%same day: Trump hammers Fox News, blaming network for GOP losses as ratings slide
Latest stories naming Fox

Technical analysis

How strong is FOX's momentum right now?

On the daily chart FOX ranks at the 34th percentile for momentum against 1,060 stocks and ETFs, a bearish reading.

Momentum rank by timeframe0 = weakest, 100 = strongest
See what drives the rankThe inputs behind each timeframe's momentum rank, plus RSI, stochastics, Bollinger Bands and moving averages. Free with an account.

Institutional ownership

Are big funds buying or selling FOX?

71 of the 170 tracked managers added to FOX in their latest 13F and 93 trimmed. Together they own 24.6% of the company, worth $5.2B. State Street and BlackRock alone hold 5.7%.

71adding93trimming6unchanged
Largest holders by stake, latest 13FBar = share of FOX
  1. 1State Street Corp2.84%
    $600.9M positionTrimmed 12.5% last quarter
  2. 2BlackRock, Inc.2.82%
    $595.7M positionAdded 1.8% last quarter
  3. 3Vanguard Capital Management LLC1.89%
    $399.5M positionAdded 0.1% last quarter
  4. 4State of Wisconsin Investment Board1.77%
    $373.9M positionAdded 2.1% last quarter
  5. 5Goldman Sachs Group Inc1.63%
    $343.5M positionTrimmed 1.1% last quarter
  6. 6Dodge & Cox1.61%
    $340.3M positionAdded 1.2% last quarter
  7. 7Vanguard Portfolio Management LLC1.42%
    $300.6M positionTrimmed 3.1% last quarter
  8. 8Geode Capital Management, LLC0.84%
    $176.3M positionTrimmed 1.6% last quarter
  9. 9Dimensional Fund Advisors LP0.65%
    $164.5M positionAdded 0.8% last quarter
  10. 10Amundi0.52%
    $108.9M positionAdded 3.0% last quarter
Full holdings history

Congressional trading

Is Congress trading FOX?

1 member of Congress disclosed 1 FOX trade on Jun 16, 2026: 1 sell, about $8.0K in estimated value.

BuysSellsJun
BuySell$1K–$15K$15K–$50K$50K–$100K$100K–$250K
Full trading history

Discover more

How has FOX done against its peers?

Over the six months to Nov 6, FOX returned +5.9%. Of the 15 related stocks and ETFs, 4 did better, led by SPOT at +42.6%.

Change since May 6, through Nov 6
−50%−25%0%+25%+50%May 6JunJulAugSepOctNov 6SPOT +42.6%FOX +5.9%NFLX −27.1%