Fox (FOXA) AI Stock Analysis

• Market Cap: $25.42B
• Dividend Yield: 0.91%
• Average Volume (3M): 3.65M
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.52
• Revenue Growth: 16.60%
• EPS Growth: 57.39%
• Country: US
• Employees: 10,200
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 1.27
• Shares Outstanding: 209,954,940
• 10 Day Avg. Volume: 4,956,099
• 30 Day Avg. Volume: 3,650,243
• PEG Ratio: 0.20
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 1.58
• P/FCF Ratio: 8.63
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 1.72
• Enterprise Value/Gross Profit: 1.95
• Enterprise Value/Ebitda: 7.31
• 1Y Price Target: $63.15
• Price Target Upside: 4.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14

• Rating: 78 Outperform
• Price Target: $68.00 ▲(12.90% Upside)

Fox Corporation's strong financial performance and positive earnings call sentiment are the most significant factors contributing to the stock's score. Technical analysis supports a bullish outlook, though some caution is warranted due to potential overbought conditions. Valuation metrics suggest the stock is fairly priced, with a modest dividend yield.

Positive Factors

Revenue Growth

Fox's strong revenue growth indicates effective market strategies and robust demand for its content, supporting long-term financial health.

Cash Generation

Strong cash generation enhances Fox's ability to invest in growth opportunities and return capital to shareholders, ensuring financial stability.

New Streaming Platform

The launch of FOX One positions Fox to capture the growing streaming market, diversifying revenue streams and reducing reliance on traditional cable.

Negative Factors

Cable Subscriber Declines

Declining cable subscribers challenge Fox's traditional revenue streams, necessitating adaptation to digital consumption trends for sustained growth.

Investment Costs

Rising investment costs in new initiatives may pressure short-term profitability, requiring careful management to ensure long-term returns.

Political and Super Bowl Headwinds

The absence of major events like the Super Bowl and political campaigns could impact advertising revenue, affecting near-term financial performance.

Fox Business Overview & Revenue Model

Company Description

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional and virtual multi-channel video programming distributors (MVPDs) and other digital platforms, primarily in the U.S. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; Tubi, an advertising-supported video-on-demand service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is focuses on the creation, distribution and monetization of Web3 content. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios Lot that provides production and post-production services, including 15 sound stages, two broadcast studios, theaters and screening rooms, editing rooms, and other television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.

How the Company Makes Money

Fox generates revenue through multiple channels, primarily through advertising sales and affiliate fees. The company's advertising revenue comes from commercial airtime sold during broadcasts, which is particularly lucrative during live sports events and prime-time shows. Additionally, Fox earns affiliate fees from cable and satellite providers who carry its channels, providing a steady income stream. The company also benefits from licensing its content to third-party platforms and international broadcasters. Significant partnerships with sports leagues and major events, such as the NFL and MLB, enhance its revenue potential by attracting large audiences and advertisers. Furthermore, digital initiatives and streaming services contribute to its earnings by expanding its reach and offering additional monetization opportunities.

Fox Financial Statement Overview

Summary

Fox exhibits strong financial performance with impressive revenue growth and profitability improvements. The balance sheet reflects a stable financial structure with manageable leverage, while cash flow metrics indicate robust cash generation and efficient operations.

Income Statement

Fox has demonstrated strong revenue growth with a TTM revenue increase of 21.1% compared to the previous year. The company maintains a high gross profit margin of 100%, indicating effective cost management. Net profit margin has improved to 13.88% in the TTM, reflecting enhanced profitability. EBIT and EBITDA margins have also shown positive trends, supporting robust operational performance.

Balance Sheet

Fox's balance sheet shows a moderate debt-to-equity ratio of 0.62, indicating a balanced approach to leveraging. The return on equity has improved to 19.57% in the TTM, showcasing effective use of equity to generate profits. The equity ratio stands at 51.56%, suggesting a stable financial structure with a good proportion of assets financed by equity.

Cash Flow

The company has achieved a significant free cash flow growth of 25.44% in the TTM, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is 0.94, indicating efficient conversion of net income into cash. The free cash flow to net income ratio of 0.88 further supports the company's strong cash flow position.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.30B	16.30B	13.98B	14.91B	13.97B	12.91B
Gross Profit	14.44B	5.40B	13.98B	14.91B	13.97B	12.91B
EBITDA	3.85B	3.85B	2.90B	2.50B	2.43B	3.61B
Net Income	2.26B	2.26B	1.50B	1.24B	1.21B	2.15B
Balance Sheet
Total Assets	23.20B	23.20B	21.97B	21.87B	22.18B	22.93B
Cash, Cash Equivalents and Short-Term Investments	5.35B	5.35B	4.32B	4.27B	5.20B	5.89B
Total Debt	7.46B	7.46B	8.15B	8.21B	7.72B	8.45B
Total Liabilities	10.84B	10.84B	10.92B	11.21B	10.62B	11.54B
Stockholders Equity	11.96B	11.96B	10.71B	10.38B	11.34B	11.12B
Cash Flow
Free Cash Flow	2.99B	2.99B	1.50B	1.44B	1.58B	2.15B
Operating Cash Flow	3.32B	3.32B	1.84B	1.80B	1.88B	2.64B
Investing Cash Flow	-537.00M	-537.00M	-452.00M	-438.00M	-513.00M	-528.00M
Financing Cash Flow	-1.75B	-1.75B	-1.34B	-2.29B	-2.06B	-870.00M

Fox Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 60.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FOXA, the sentiment is Positive. The current price of 60.23 is above the 20-day moving average (MA) of 59.82, above the 50-day MA of 57.81, and above the 200-day MA of 53.53, indicating a bullish trend. The MACD of 0.76 indicates Negative momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 76.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FOXA.

Fox Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FOXA	78 Outperform	$25.42B	12.26	19.96%	0.91%	16.60%	57.39%
ROKU	77 Outperform	14.47B	-231.16	-2.37%	―	17.32%	87.79%
DIS	76 Outperform	203.94B	17.78	10.58%	0.89%	5.00%	144.65%
NFLX	71 Outperform	511.59B	51.49	41.07%	―	14.28%	46.86%
WBD	68 Neutral	49.07B	65.50	2.13%	―	-3.79%	―
NWSA	67 Neutral	17.71B	37.13	13.45%	0.66%	-11.42%	75.42%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Fox Corporate Events

Fox Resolves Murdoch Trust Dispute, Restructures Holdings

On September 8, 2025, Fox Corporation announced the resolution of legal proceedings related to the Murdoch Family Trust, leading to the establishment of new trusts for Lachlan, Grace, and Chloe Murdoch. The Departing Beneficiaries, including Prudence MacLeod, Elisabeth Murdoch, and James Murdoch, will no longer be beneficiaries and intend to sell approximately 16.9 million shares of FOX’s Class B common stock in a public offering. The proceeds will benefit the Departing Beneficiaries and associated charitable organizations. LGC Holdco, owned by the Remaining Beneficiary Trusts, will retain significant shares in FOX and News Corporation, with voting control resting with Lachlan Murdoch. This restructuring is expected to solidify Lachlan Murdoch’s leadership and influence within the company.