{
}
UBS anticipates robust growth in advertising revenue for Fox Corporation, driven by strong ratings for FOX News and increased demand for sports content. The company operates across various segments, including Cable Network Programming, Television, Credible, and the FOX Studio Lot, providing a diverse range of news, sports, and entertainment services.
Goldman Sachs set a $60 target price on FOX, maintaining a "buy" rating, while Barclays raised its target from $39 to $50 with an "equal weight" rating. The stock has a consensus "Hold" rating and an average target of $51.19, with insiders owning 21.77% of shares. Recently, Chairman Rupert Murdoch sold 58,000 shares, reducing his stake by 4.61%. FOX reported a quarterly EPS of $0.96, exceeding estimates, and declared a $0.27 semi-annual dividend.
Fox Co. reported a 19.9% year-over-year revenue increase, posting $0.96 EPS for the latest quarter, surpassing estimates. The company announced a semi-annual dividend of $0.27, with a yield of 1%, and insider sales included significant transactions by Chairman Rupert Murdoch. Analysts maintain a "Hold" rating, with a target price averaging $51.19.
UBS has raised its price target on Fox Corporation from $50 to $63 while maintaining a Buy rating. Fox operates across various segments, including Cable Network Programming, Television, Credible, and the FOX Studio Lot, providing a range of news, sports, and entertainment content.
Fox Corporation (Nasdaq: FOXA, FOX) is set to participate in the UBS Global Media and Communications Conference on December 9, 2024, starting at 12:00 PM ET. Interested parties can access the live webcast at https://investor.foxcorporation.com/news-and-events/events-and-presentations.
Fox Corporation's Chief Financial Officer, Steve Tomsic, will participate in the UBS Global Media and Communications Conference on December 9, at 12:00 PM Eastern Time. A live and archived webcast of his presentation will be available at investor.foxcorporation.com. Fox Corporation is known for producing and distributing significant news, sports, and entertainment content through its major brands, including FOX News Media and FOX Sports, which play a vital role in engaging audiences and driving commercial success.
Barclays has upgraded Fox Corporation to a "hold" rating, while Zurcher Kantonalbank reduced its stake by 3.6%, owning approximately 0.10% of the company. Insiders, including Chairman Rupert Murdoch, have sold over 1 million shares recently, raising concerns as institutional ownership stands at 26.41%. Fox's stock opened at $44.73, with a market cap of $20.43 billion and a P/E ratio of 10.94.
Following a recent acquisition, the CEO of Fox Corporation now owns over 1 million shares valued at approximately $42 million, while COO John Nallen sold nearly 53,000 shares for over $2 million. Institutional investors hold 52.52% of the company's stock, with significant increases in holdings from firms like Vanguard and AXA. Despite a "Hold" rating from analysts, Fox is not among the top recommended stocks for investment.
Fox Corporation operates as a news, sports, and entertainment entity, encompassing segments such as Cable Network Programming, Television, Credible, and the FOX Studio Lot. Its Cable Network Programming produces and licenses content distributed through various platforms, while the Television segment manages programming across the FOX network and Tubi. Additionally, Credible serves as a consumer financing marketplace, and the FOX Studio Lot provides production services and facilities.
Fox Corporation operates in news, sports, and entertainment, with segments including Cable Network Programming, Television, Credible, and the FOX Studio Lot. Its Cable Network Programming produces and licenses content distributed through various platforms, while the Television segment manages programming across the FOX network and Tubi. Credible serves as a consumer financing marketplace, and the FOX Studio Lot provides production services and facilities.
Fox Corporation
Companies
| Symbol | FOX |
| Name | Fox Corporation |
| Currency | USD |
| Sector | Communication Services |
| IndustryGroup | Media & Entertainment |
| Industry | Media |
| Market | NASDAQ Global Select |
| Country | United States |
| State | NY |
| City | New York |
| Zipcode | 10036 |
| Website | http://www.foxcorporation.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
fox corporation poised for advertising revenue growth driven by news and sports
16:24 25.03.2025
fox corporation receives mixed analyst ratings and insider trading activity
08:52 16.03.2025
fox co reports strong earnings and announces dividend amid insider trading activity
The Goldman Sachs Group Inc. PFD 1/1000 C
Fox Corporation
Wells Fargo & Company
USA
Adam G. Ciongoli
Keith Rupert Murdoch
Show more
10:59 09.03.2025
ubs raises fox corporation price target to sixty three dollars maintains buy rating
16:10 13.02.2025
Fox Corporation to Present at UBS Global Media Conference on December 9
17:04 09.12.2024
Fox Corporation CFO Steve Tomsic to Speak at UBS Conference
17:32 03.12.2024
fox corporation receives hold rating as institutional investors adjust holdings
11:22 30.11.2024
insider trading activity and institutional investments in fox corporation stock
20:36 05.11.2024
fox corporation maintains buy rating as a leading media and entertainment firm
18:02 05.11.2024
fox corporation maintains buy rating as a leading media and entertainment firm
18:02 05.11.2024
Trending
Subcategory
Industry Trends
Corporate News
Supply Chain Management
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Industry Mergers & Acquisitions
Retail and Consumer Goods
Finance Mergers & Acquisitions
Financial Scams and Security
Fintech Startups
Emerging Startups
Workplace Trends
Venture Capital Investments
Cryptocurrency Trends
Funding Rounds & Investments
Energy Sector Developments
CEO Changes
Market Analysis and Predictions
Stock Market Updates
Countries:
Companies:
Apple Inc.
Google Inc.
NVIDIA Corporation
Delhivery Limited
Ecom Express Ltd.
Alphabet Inc.
OpenAI ERC USD
Ciscom Corp.
ERICSSON - CLASS B
Physicswallah Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
Snap Inc.
Tiktok USD
Semiconductor Manufacturing International Corporation
Hua Hong Semiconductor Ltd.
Spotify Technology S.A.
Dropbox, Inc.
Vimeo, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Vietnamese Đồng
New Taiwan Dollar
United Arab Emirates Dirham
Russian Ruble
South Korean Won
Pakistani Rupee
Algerian Dinar
Australian Dollar
Thai Baht
Japanese Yen
Saudi Riyal
People:
Donald Trump
Ilya Sutskever
Peter Thiel
Amal El Fallah Seghrouchni
Trixie Lohmirmand
Scott Bessent
Jamieson Greer
Joe Jurken
Stephen Roachford
David French
Rick Woldenberg
Marc Rosenberg
Isaac Larian
Hichem Djouhri
Laurina Emmanuel
Tim Cook
Andrew Ferguson
Sheryl Sandberg
Mark Zuckerberg
Pavel Prass