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↑Improving
- +1 more pillar — see the Why tab for full reasoning
Fox Corporation (FOX) Stock Analysis
Recovery setup
Communication Services · Entertainment
Hold if already holding. Not a fresh buy at $60.97, but acceptable to hold if already in. Reason: Overbought (RSI 81).
Fox Corporation is a news, sports, and entertainment company operating through two reportable segments — Cable Network Programming (FOX News, FOX Business, FS1, FS2, Big Ten Network) and Television (the FOX broadcast network, Tubi AVOD, 29 owned local stations) — plus Credible,... Read more
Hold if already holding. Not a fresh buy at $60.97, but acceptable to hold if already in. Reason: Overbought (RSI 81). Chart setup: Death cross but MACD improving, RSI 81. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 76d clear, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.
About Fox Corporation
About Fox Corporation
Fox Corporation's flagship cable network, FOX News, reached approximately 61 million U.S. households as of June 30, 2025, alongside FOX Business (60 million) and FS1 (61 million), both down from the prior year amid industry-wide MVPD subscriber losses. Tubi, FOX's ad-supported streaming service, streamed approximately 11 billion hours of content in fiscal 2025 and holds a roughly 2.2% share of U.S. television viewing. FOX operates 29 owned local television stations covering 18 Nielsen markets, including 14 of the 15 largest.
FOX earns revenue from two main streams: affiliate fees paid by MVPDs and virtual MVPDs to carry its cable networks and local stations, and advertising sales across linear, digital, and streaming platforms, supplemented by Tubi's ad-supported model and licensing/sublicensing of content to third-party streamers including Netflix, Amazon Prime Video, Hulu, and Apple TV+. Sports programming rights are a major and rising cost: FOX holds long-term deals for NFL, college football (including the Big Ten Conference), MLB (including exclusive World Series rights), NASCAR, and the FIFA Men's World Cup, and added INDYCAR and LIV Golf rights in fiscal 2025 while ending its WWE agreement. The company ended fiscal 2025 with about $5.4 billion in cash, returned roughly $1.25 billion to shareholders via buybacks and dividends, and retired $600 million of debt. FOX also holds an equity stake in Flutter Entertainment and an option to acquire 18.6% of FanDuel Group, and plans to launch its direct-to-consumer streaming service, FOX One, in fall 2025.
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FOX's affiliate-fee revenue is structurally exposed to two compounding pressures: the 10-K discloses that the company derives a significant portion of revenue from a limited number of MVPD distributors, so a failed renewal or 'go dark' dispute with even one major distributor would hit both affiliate fees and ad sales simultaneously. That concentration sits atop an industry-wide subscriber decline already visible in FOX's own numbers — FOX News fell from 67 million to 61 million households and FS1 from 67 million to 61 million year over year — a trend the company expects to continue and possibly accelerate, testing whether Tubi's growth (11 billion streaming hours in fiscal 2025) and the planned FOX One direct-to-consumer launch can offset linear erosion quickly enough.
See also: Communication Services · Entertainment
From Fox Corporation's most recent 10-K filing, extracted August 9, 2026.
Recent developments
updated 2026-08-14Recent 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 2026-08-14T20:17:47Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
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
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $60.97, but acceptable to hold if already in. Reason: Overbought (RSI 81). Chart setup: Death cross but MACD improving, RSI 81. Maintain position. Not compelling to add more. Target $70.09 (+15.0%), stop $57.43 (−6.2%), A.R:R 0.0:1. Score 6.4/10, moderate confidence.
Take-profit target: $70.09 (+15.0% upside). Target $70.09 (+15.0%), stop $57.43 (−6.2%), A.R:R 0.0:1. Stop-loss: $57.43.
Overbought (RSI 81).
Fox Corporation trades at a P/E of 14.6 (forward 9.8). TrendMatrix value score: 8.9/10. Verdict: Hold.
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, FOX Business, FS1, FS2, Big Ten Network) and Television (the FOX broadcast network, Tubi AVOD, 29 owned local stations) — plus Credible, a consumer finance marketplace, and the FOX Studio Lot. FOX News reached approximately 61 million U.S. households in fiscal 2025, and the company derives a significant portion of revenue from a limited number of MVPD distributors, with revenue split between advertising and affiliate fees.