Four consecutive earnings beats averaging 33% upside surprise, an attractive forward P/E of 8.8x, and 21.5% upside to the price target make a credible value-with-catalyst case, but negative price momentum following an extreme gap down and declining revenue at -9% year-over-year indicate the market is re-rating the business—patience is required before the setup resolves.
Thesis pillars
- Perfect Four Quarter Beat Streak→Stable
- Attractive Valuation Versus Peers→Stable
- Declining Revenue Headwind→Stable
- +1 more pillar — see the Why tab for full reasoning
Fox Corporation (FOX) Stock Analysis
Range Bound setup
Communication Services · Entertainment
Sell if holding. Momentum 3.1/10 is below the 5.0 floor at $60.17 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Communication Services): -0.8.
Fox Corporation is a news, sports, and entertainment company operating through two reportable segments, Cable Network Programming (FOX News Media, FS1, FS2, the Big Ten Network, FOX Deportes) and Television (the FOX broadcast network, Tubi AVOD service, and 29 owned-and-operated... Read more
Sell if holding. Momentum 3.1/10 is below the 5.0 floor at $60.17 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Communication Services): -0.8. Chart setup: RSI 46 mid-range, Bollinger mid-band. Score 6.1/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 56d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.
About Fox Corporation
About Fox Corporation
FOX News reached approximately 61 million U.S. households and FS1 reached 61 million as of June 30, 2025, both down from 67 million a year earlier, while Tubi streamed approximately 11 billion hours of content during fiscal 2025 and held about 2.2% share of all U.S. television viewing. The company's 29 owned-and-operated television stations cover 18 Nielsen-designated market areas, including 14 of the 15 largest, with duopolies in 11 DMAs including New York, Los Angeles, and Chicago. FOX generates revenue primarily through affiliate fees paid by distributors and advertising sales across its cable, broadcast, and digital platforms.
FOX earns revenue mainly through affiliate fees paid by traditional and virtual MVPDs for carriage of its cable and broadcast networks, and through advertising sales tied to live sports and news programming; the FOX Network's NFL, MLB, and college football rights are secured under long-term contracts whose costs have risen as competition for sports rights intensifies. Tubi, the company's advertising-supported streaming service, expanded to over 320 sports, entertainment, and local news channels and nearly 300,000 movies and television episodes in fiscal 2025, giving FOX a wholly owned digital audience outside traditional linear distribution; the company also plans to launch FOX One, a direct-to-consumer subscription service, by fall 2025. FOX owns approximately 61% of the Big Ten Network and holds an equity stake in Flutter Entertainment along with an option to acquire 18.6% of FanDuel Group, a majority-owned Flutter subsidiary. The FOX Studio Lot in Los Angeles spans more than 50 acres and nearly 2 million square feet, generating production-services and office-space revenue separate from the company's media segments.
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FOX's affiliate-fee model is directly exposed to MVPD subscriber attrition: the 10-K states industry-wide MVPD subscriber declines are expected to continue and possibly accelerate, and because most affiliation agreements pay FOX in part based on subscriber counts, a decline not fully offset by rate increases would hit affiliate revenue while simultaneously shrinking the audience advertisers pay to reach. The company also flags a related risk: if contract renewal negotiations with an MVPD reach an impasse, FOX's networks could 'go dark' on that distributor's platform, a self-inflicted subscriber loss layered on top of secular cord-cutting. FOX's response -- Tubi, FOX Nation, FOX Weather, and the planned FOX One direct-to-consumer service -- aims to rebuild viewership outside the MVPD bundle, though the filing does not guarantee these platforms will fully offset linear declines.
See also: Communication Services · Entertainment
From Fox Corporation's most recent 10-K filing, extracted August 23, 2026.
Recent developments
updated 2026-09-03Recent Developments — Fox Corporation
Latest news
- NEWS Are Investors Undervaluing Fox (FOX) Right Now? - Yahoo Finance — Yahoo Finance neutral
- NEWS Are Investors Undervaluing Fox (FOX) Right Now? - finance.yahoo.com — finance.yahoo.com positive
- NEWS Fox Corporation $FOXA Stock Position Raised by Livforsakringsbolaget Skandia Omsesidigt - MarketBeat — MarketBeat positive
- NEWS Fox Corp. Cl A stock outperforms competitors on strong trading day - MarketWatch — MarketWatch positive
- NEWS Fox Corp. Cl A stock outperforms competitors on strong trading day - marketwatch.com — marketwatch.com positive
Generated 2026-09-03T22:32:16Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerlimited number of distributors (MVPDs)10-K Item 1A: 'the Company derives a significant portion of its revenues from a limited number of distributors'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Momentum 3.1/10 is below the 5.0 floor at $60.17 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Communication Services): -0.8. Chart setup: RSI 46 mid-range, Bollinger mid-band. Prior stop was $57.20. Score 6.1/10, moderate confidence.
Take-profit target: $61.37 (+2.0% upside). Prior stop was $57.20. Stop-loss: $57.20.
Sector modifier (Communication Services): -0.8; Negative momentum.
Fox Corporation trades at a P/E of 15.4 (forward 10.5). TrendMatrix value score: 8.8/10. Verdict: Sell.
27 analysts cover FOX with a consensus score of 3.7/5.
What does Fox Corporation do?Fox Corporation is a news, sports, and entertainment company operating through two reportable segments, Cable Network...
Fox Corporation is a news, sports, and entertainment company operating through two reportable segments, Cable Network Programming (FOX News Media, FS1, FS2, the Big Ten Network, FOX Deportes) and Television (the FOX broadcast network, Tubi AVOD service, and 29 owned-and-operated stations), plus the Credible consumer finance marketplace and the FOX Studio Lot production facility in Los Angeles. FOX News and FS1 each reached about 61 million U.S. households as of June 30, 2025, and Tubi streamed approximately 11 billion hours of content during fiscal 2025. The company ended fiscal 2025 with appr