Fox Corporation (FOXA) Stock Price & Analysis
Fox Corporation (FOXA) closed at USD 68.27 on Thursday, October 22, 2026, up 3.69% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 65.84; the Oct 22, 2026 session ranged USD 65.41–68.29 on volume of 6,702,588 shares. Market capitalization is $28.79B, with a 52-week range of USD 48.34–76.39 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FOXA.md
Key facts (FOXA)
- Last four reported quarters (through Jun 30, 2026): revenue $17.1B, net income $1.73B (10.1% margin), free cash flow $1.47B (SEC filings).
- Valuation: P/E 16.7x (avg 11.7x at the last 3 fiscal year-ends), net debt $2.40B.
- Earnings quality: non-operating income -$773M (gains on equity investments -$761M) vs operating income null over the last four quarters; P/E excluding non-operating income ≈12.4x (estimate: non-operating income taxed at the company's 24.2% effective rate).
- 2 of 80 tracked superinvestors hold FOXA (13F, Q2 2026): 0 new, 2 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $10.3M; 1 not under a Rule 10b5-1 plan ($10.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $10.3M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.26 on a 1–5 scale) (19 analysts), mean target USD 79.63 (range 60–125).
- Total return with dividends: 1Y +17.2% vs S&P 500 +14.9%; 5Y +70.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-02, EPS estimate USD 2.02, revenue estimate $4.29B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FOXA)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $14.0B | $14.9B | $14.0B | $16.3B | $17.1B | $17.1B |
| Net income | $1.23B | $1.25B | $1.55B | $2.29B | $1.73B | $1.73B |
| EPS (diluted) | $2.11 | $2.33 | $3.13 | $4.91 | $3.84 | — |
| Free cash flow | $1.58B | $1.44B | $1.50B | $2.99B | $1.47B | $1.47B |
| Net margin | 8.8% | 8.4% | 11.1% | 14.1% | 10.1% | 10.1% |
| Revenue growth | +8.3% | +6.7% | -6.3% | +16.6% | +5.1% | — |
| Cash + short-term investments | $5.20B | $4.27B | $4.32B | $5.35B | $4.21B | — |
| Total debt | $7.21B | $7.21B | $7.20B | $6.60B | $6.61B | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FOXA)
P/E 16.7x · P/E ex non-operating (est.) ≈12.4x · P/S 1.7x · EV/Sales 1.8x · P/FCF 19.6x · P/B 2.5x · FCF yield 5.10% · Earnings yield 6.00% · Dividend yield (paid, TTM) 1.00% · Buyback yield (TTM) 6.95% · Net debt $2.40B · EV $31.2B
P/E at fiscal year-ends: Jun 2026 13.3x, Jun 2025 11.3x, Jun 2024 10.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (FOXA)
2 of 80 tracked investors hold FOXA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Yacktman Asset Management | 4.04% | $326M | Added +1.2% | |
| Dodge & Cox Funds | Dodge & Cox | 0.48% | $926M | Added +2.3% |
Insider sales (SEC Form 4, open-market, last ~7 months) (FOXA)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-15 | Murdoch Lachlan K | Executive Chair, CEO | 149,934 | $10.3M | 9.7% | No | Too little history (no open-market trades in 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (FOXA)
1 purchase, $10.3M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-15 | Murdoch Lachlan K | Executive Chair, CEO | 149,934 | $10.3M | 68.53 | Too little history (no open-market trades in 2025) |
Analysts (FOXA)
Consensus Buy (mean 2.26 on a 1–5 scale), 19 analysts; mean target USD 79.63 (low 60, high 125).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | B of A Securities | Upgrade | Underperform → Buy | $54 → $85 |
| 2026-09-23 | Guggenheim | Reiterated | Buy | $85 |
| 2026-09-14 | Citizens | Initiated | Market Outperform | $95 |
| 2026-08-25 | Guggenheim | Reiterated | Buy | $85 |
| 2026-08-14 | Wells Fargo | Upgrade | Equal-Weight → Overweight | $65 → $80 |
| 2026-08-14 | JP Morgan | Upgrade | Neutral → Overweight | $70 → $82 |
| 2026-08-07 | Seaport Global | Downgrade | Buy → Neutral | |
| 2026-07-06 | Wells Fargo | Target lowered | Equal-Weight | $71 → $65 |
| 2026-07-01 | Wolfe Research | Upgrade | Peer Perform → Outperform | $71 |
Total return (dividends reinvested) (FOXA)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +17.2% | +70.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +17.2% | +11.3% |
| Volatility (annualized) | 36.1% | 28.3% |
| Max drawdown | -35.6% (Jan 2026→Jun 2026) | -32.7% (Feb 2022→Oct 2022) |
FOXA revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Television | $2.48B | 58.9% | +45.4% |
| Cable Network Programming | $1.67B | 39.6% | +9.0% |
| Total revenue | $4.21B | 100% | — |
FOXA revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Distribution | $1.18B | 27.9% | +6.9% |
| Advertising | $461.0M | 10.9% | +22.0% |
| Total revenue | $4.21B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
FOXA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Walt Disney (DIS) | “FOX Sports and Disney/ESPN are the domestic distribution partners of the UFL games under multi-year rights agreements.” |
| Competitor | Amazon (AMZN) | “On a national level, the primary competitors to FS1, FS2, and the Big Ten Network are national cable networks ESPN, ESPN2, TNT, TBS, USA Network, CBS Sports Network and The CW Network; league-owned networks such as NFL Network, NHL Network, NBA TV and MLB Network; collegiate conference-specific networks such as the SEC Network and ACC Network; and direct-to-consumer streaming services such as ESPN, YouTube, Peacoc…” |
| Competitor | Netflix (NFLX) | “On a national level, the primary competitors to FS1, FS2, and the Big Ten Network are national cable networks ESPN, ESPN2, TNT, TBS, USA Network, CBS Sports Network and The CW Network; league-owned networks such as NFL Network, NHL Network, NBA TV and MLB Network; collegiate conference-specific networks such as the SEC Network and ACC Network; and direct-to-consumer streaming services such as ESPN, YouTube, Peacoc…” |
Quoted from the company's 10-K filed Aug 6, 2026.
FOXA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.02 | $1.77 | +14.2% | $4.29B | 15 |
| Next quarter (ends Dec 2026) | $1.04 | $1.07 | -2.8% | $5.58B | 14 |
| Current fiscal year (ends Jun 2027) | $5.96 | $5.80 | +2.7% | $17.69B | 18 |
| Next fiscal year (ends Jun 2028) | $5.86 | $5.74 | +2.1% | $17.59B | 17 |
FOXA options: expected move
Options price a move of about ±10.2% (±$6.93) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±6.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 43.8% | ±10.2% |
| Dec 18, 2026 | 56 | 36.8% | ±11.9% |
| Jan 15, 2027 | 84 | 36.2% | ±14.2% |
| Mar 19, 2027 | 147 | 35.4% | ±18.1% |
| Apr 16, 2027 | 175 | 34.9% | ±19.5% |
| Jun 17, 2027 | 237 | 34.7% | ±22.4% |
| Sep 17, 2027 | 329 | 33.4% | ±25.3% |
30-day implied volatility 38% vs 27.1% realized over the last 30 trading days. Put/call ratio (volume) 0.2. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 68.27 |
|---|---|
| Change | ▲ 3.69% (up) |
| Previous Close | USD 65.84 |
| Open | USD 65.75 |
| Day Range | USD 65.41 – 68.29 |
| 52-Week Range | USD 48.34 – 76.39 |
| Volume | 6,702,588 shares |
| Market Cap | $28.79B |
| Exchange | NMS |
Technical Analysis (FOXA)
Nexqual's technical model rates FOXA "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 64.98 (neutral) |
| vs SMA50 | Above (USD 65.51) |
| MACD | 0.53 (positive) |
Analyst Ratings (FOXA)
Wall Street analysts rate FOXA "Buy" based on 19 analysts, with a mean price target of USD 79.63 (range USD 60–125), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 19 |
| Mean Target | USD 79.63 |
| High Target | USD 125 |
| Low Target | USD 60 |
| Buy / Hold / Sell | 12 / 7 / 0 |
Earnings (FOXA)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 2.02 |
| Revenue Estimate | $4.29B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.79 vs est 1.38 ▲ beat |
| 2026-03-31 | USD 1.32 vs est 0.97 ▲ beat |
| 2025-12-31 | USD 0.82 vs est 0.52 ▲ beat |
| 2025-09-30 | USD 1.51 vs est 1.1 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (FOXA)
| Total Revenue | $17.13B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +28.10% |
| Gross Margin | +36.63% |
| Operating Margin | +25.21% |
| Profit Margin | +9.84% |
| ROE | +14.29% |
| Debt / Equity | 0.64 |
| Current Ratio | 3.17 |
| Total Cash | $4.20B |
| Total Debt | $7.57B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.47B (8.6% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (FOXA)
Nexqual rates Fox Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Solid — Revenue +5% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 37%, operating 25% (last 12 months) |
| Balance Sheet | Strong — $4.21B cash and investments vs $6.61B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.47B (last 4 quarters to Jun 2026, SEC), 9% margin |
| Efficiency | Mixed — ROE 14%, ROA 9.5% |
Ownership (FOXA)
| Insider Ownership | +1.40% |
|---|---|
| Institutional Ownership | +130.84% |
| Shares Outstanding | 201.42M |
| Float | 328.96M |
| Short % of Float | +28.21% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (FOXA)
Fox Corporation is led by Lachlan Keith Murdoch, Executive Chairman & CEO, per Nexqual as of October 23, 2026 at 08:39 UTC.
| Executive Chairman & CEO | Lachlan Keith Murdoch |
|---|---|
| President & COO | John P. Nallen |
| Chief Financial Officer | Steven Silvester Tomsic |
| President of Marketing for FOX Entertainment | Darren Schillace |
| Executive Vice President, Marketing Strategy, Media & Digital of Fox Entertainment | Emily King |
Major Backers & Investors (FOXA)
Notable institutional backers of Fox Corporation include Jericho Capital Asset Management, LP, Goldman Sachs, Dodge & Cox Inc., according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Jericho Capital Asset Management, LP | 7.12% |
| Goldman Sachs | 6.27% |
| Dodge & Cox Inc. | 5.57% |
| Fidelity | 4.98% |
| Independent Franchise Partners, LLP | 4.17% |
| FMR, LLC | 3.89% |
| LSV Asset Management | 3.33% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.57% |
| BlackRock | 9.71% |
| State Street | 8.67% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From Fox Corporation's Latest SEC 10-K Filing (filed 2026-08-06)
Key Strengths & Strategy (as disclosed to the SEC)
- FOX Entertainment Studios also produces or co-produces original content for third parties including many of the leading SVOD services (Netflix, Amazon Prime Video and Apple TV), highlighting the attractiveness of FOX's content to a wide variety of streaming services.
- In June 2026, the Company announced its proposed acquisition of Roku, a transaction that will combine FOX's leading sports, news and entertainment content and Tubi service with Roku's leading connected TV platform, its portfolio of advertising-supported and subscription-based streaming services led by The Roku Channel, first-party data and direct relationship with more than 100 million global streaming households.
- The FOX Network regularly delivers 15 hours of weekly primetime programming to 209 local market affiliates, including 18 stations owned and operated by the Company, covering virtually every U.S. market, according to Nielsen.
- The FOX Network also provides live coverage of MLB (including the post-season and the World Series), college football and basketball, MLS, the NASCAR Cup Series (including the Daytona 500), INDYCAR and the UFL.
Partnerships
- In connection with execution of the Merger Agreement, Roku founder, Chairman and Chief Executive Officer Anthony Wood and certain associated trusts and related entities that together hold at least a majority of the voting power of the Roku common stock entered into a voting and support agreement with FOX agreeing to vote in favor of the Transaction.
- Effective with the 2023 NFL season, FOX Sports entered into an expanded 11-year media rights agreement with the NFL (subject to an NFL one-time termination right after the 2029 season) that extended FOX Sports' coverage of NFL games.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in laws and regulations, or the interpretation or enforcement thereof, may have an adverse effect on the Company's business, financial condition or results of operations.
- The failure or destruction of satellites or transmitter facilities the Company depends on to distribute its programming could materially adversely affect its businesses and results of operations, as could changes in FCC regulations governing the availability and use of satellite transmission spectrum.
- The Company could be subject to significant tax liabilities.
- Tax returns are routinely audited, tax-related litigation or settlements may occur, and certain jurisdictions may assess income tax liabilities against us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TKO | TKO Group Holdings, Inc. | USD 177.72 | ▼ 0.12% |
| ROKU | Roku, Inc. | USD 160.06 | ▲ 1.45% |
| FWONK | Liberty Media Corporation - Ser | USD 91.15 | ▼ 0.13% |
| LYV | Live Nation Entertainment, Inc. | USD 174.5 | ▲ 0.09% |
| SKYD | Skydance Corporation | USD 7.79 | ▼ 1.02% |
| NWS | News Corporation | USD 33.95 | ▲ 2.01% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt