News Corp (NWSA) AI Stock Analysis

• Market Cap: $13.95B
• Dividend Yield: 0.76%
• Average Volume (3M): 4.10M
• Price to Earnings (P/E): 31.6
• Beta (1Y): 0.79
• Revenue Growth: -16.36%
• EPS Growth: 29.53%
• Country: US
• Employees: 23,900
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.40
• Shares Outstanding: 370,225,800
• 10 Day Avg. Volume: 3,486,035
• 30 Day Avg. Volume: 4,098,873
• PEG Ratio: 0.04
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 2.00
• P/FCF Ratio: 23.21
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 1.64
• Enterprise Value/Gross Profit: 1.92
• Enterprise Value/Ebitda: 9.20
• 1Y Price Target: $35.80
• Price Target Upside: 47.39% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.05
• Revenue Forecast (FY): $8.80B

• Rating: 66 Neutral
• Price Target: $26.00 ▲(7.04% Upside)
• Action: Reiterated Date: 02/22/26
• Date: Action: Reiterated 02/22/26

The score is driven primarily by improved fundamentals (stronger margins/ROE and better leverage) and a constructive earnings-call outlook emphasizing free-cash-flow growth and accelerating buybacks. These positives are tempered by weak technicals (price below key moving averages with negative MACD) and a relatively high P/E with a low dividend yield.

Positive Factors

Margin and ROE Recovery

Sustained margin expansion and a recovering ROE indicate the business is generating higher-quality earnings from its core operations. Better profitability supports reinvestment, debt paydown and capital returns, and makes earnings less dependent on cyclical top-line swings over the next several quarters.

Strong FCF & Active Buybacks

Healthy free cash flow generation coupled with an active, large buyback program reflects disciplined capital allocation. Consistent buybacks funded by FCF can steadily reduce share count and boost per-share metrics, signaling management confidence and providing durable shareholder returns if cash conversion stabilizes.

High‑margin B2B Strength (Dow Jones)

A high‑margin, largely digital B2B/professional information business provides recurring revenue and pricing power that is less cyclical than consumer print. This structural mix improves overall margin sustainability and creates a resilient core that can fund growth and offset weaker legacy segments.

Negative Factors

Uneven Top‑line Growth

Top-line volatility limits visibility into sustainable revenue trajectories and suggests earnings gains are driven more by cost and margin work than durable organic growth. Continued uneven revenue constrains long-term free cash flow expansion and reduces predictability for reinvestment or larger capital returns.

Print Advertising Headwinds

Secular decline in print advertising is a structural revenue pressure for the News Media segment. Lower ad demand forces ongoing reinvestment into digital transformation and can depress margins in lower‑return legacy operations, reducing consolidated growth potential absent offset from digital expansion.

Cash Conversion & FCF Momentum Softness

A drop in free cash flow and moderate cash conversion versus net income indicate earnings include non‑cash or timing items. Weaker cash conversion increases sensitivity to capex and working capital swings, and could limit the sustainability of elevated buybacks or dividend policies if conversion doesn’t improve.

News Corp Business Overview & Revenue Model

Company Description

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and financial services. The company was founded in 2012 and is headquartered in New York, New York.

How the Company Makes Money

News Corp generates revenue through several key streams, primarily from advertising, subscription services, and the sale of books and other media content. Advertising revenue is derived from both print and digital platforms, with significant contributions from its newspapers and online properties. Subscription services, particularly from its digital news outlets, provide a steady income through monthly or annual fees paid by consumers for access to premium content. Additionally, the company's book publishing division, HarperCollins, contributes significantly to revenue through the sale of physical and digital books. Partnerships with other media companies and technology platforms also enhance its distribution capabilities and advertising reach, further bolstering its earnings.

News Corp Financial Statement Overview

Summary

Profitability rebounded strongly with solid operating margins and improved ROE, and leverage appears manageable and improving. Offsetting this, revenue growth has been modest/uneven historically and cash-flow quality is mixed, with softer TTM free-cash-flow momentum and only moderate cash conversion versus net income.

Income Statement

TTM (Trailing-Twelve-Months) revenue is slightly higher than the latest annual period ($8.62B vs. $8.45B), and profitability improved meaningfully versus prior years, with net margin at ~13.8% TTM (vs. ~3.2% in FY2024 and ~1.9% in FY2023). Operating profitability is solid (EBIT margin ~12.1% TTM; EBITDA margin ~17.6%). The main offset is that top-line growth looks modest and uneven over the longer arc (including a notable revenue decline in FY2023), suggesting earnings strength has been driven more by margin improvement than sustained revenue expansion.

Balance Sheet

Leverage looks manageable and improving: debt-to-equity is ~0.34 in TTM and FY2025, down from ~0.50–0.52 in FY2022–FY2024, alongside lower absolute debt. Equity is sizable (~$8.8B) versus total debt (~$2.85B) and assets are stable around ~$15.5B. Returns on equity have strengthened (about ~13.9% TTM vs. low-single-digits in FY2023–FY2024), but the business still carries meaningful debt and returns have been volatile across the cycle.

Cash Flow

Cash generation is positive, with TTM operating cash flow of ~$1.08B and free cash flow of ~$652M; free cash flow is a healthy portion of earnings (about ~66% of net income TTM). However, free cash flow declined in the TTM period (down ~13.9%), and operating cash flow relative to reported net income is moderate (coverage ~0.45 TTM), implying earnings may be benefiting from items that don’t convert to cash at the same pace.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	8.85B	8.45B	8.25B	8.01B	10.38B	9.36B
Gross Profit	7.57B	8.45B	8.25B	8.01B	10.38B	9.36B
EBITDA	1.58B	1.42B	1.24B	1.09B	1.60B	1.18B
Net Income	1.08B	1.18B	266.00M	149.00M	623.00M	330.00M
Balance Sheet
Total Assets	15.51B	15.50B	16.68B	16.92B	17.22B	16.77B
Cash, Cash Equivalents and Short-Term Investments	2.05B	2.40B	1.96B	1.83B	1.82B	2.24B
Total Debt	2.85B	2.94B	4.05B	4.21B	4.16B	3.60B
Total Liabilities	6.05B	6.12B	7.67B	7.98B	8.08B	7.63B
Stockholders Equity	8.79B	8.77B	8.12B	8.06B	8.22B	8.21B
Cash Flow
Free Cash Flow	652.00M	727.00M	602.00M	593.00M	855.00M	847.00M
Operating Cash Flow	1.08B	1.13B	1.10B	1.09B	1.35B	1.24B
Investing Cash Flow	-305.00M	-153.00M	-524.00M	-574.00M	-2.08B	-1.29B
Financing Cash Flow	-629.00M	-563.00M	-441.00M	-501.00M	404.00M	699.00M

News Corp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 24.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NWSA, the sentiment is Neutral. The current price of 24.29 is above the 20-day moving average (MA) of 23.84, below the 50-day MA of 25.37, and below the 200-day MA of 27.41, indicating a neutral trend. The MACD of -0.51 indicates Negative momentum. The RSI at 49.90 is Neutral, neither overbought nor oversold. The STOCH value of 91.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NWSA.

News Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NYT	80 Outperform	$12.95B	38.26	17.34%	0.95%	8.43%	21.38%
FOXA	68 Neutral	$22.93B	13.56	16.87%	0.75%	14.91%	9.30%
NXST	67 Neutral	$7.61B	83.78	―	3.66%	-1.42%	-8.99%
NWSA	66 Neutral	$13.95B	31.57	5.18%	0.76%	-16.36%	29.53%
WBD	62 Neutral	$69.86B	98.15	1.36%	―	-4.29%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SBGI	58 Neutral	$1.14B	-9.64	―	6.52%	-0.98%	82.16%

News Corp Corporate Events

News Corp Launches Daily Buyback to Boost Shareholder Value

News Corp has disclosed to the Australian Securities Exchange that it is conducting a daily notified buy-back under a broader repurchase program authorizing up to $1 billion of its Nasdaq-listed Class A and Class B common stock. As of the Feb. 20, 2026 announcement, the company outlined that no ASX-listed CHESS Depositary Interests will be repurchased, Goldman Sachs & Co. will act as broker, the buybacks will be paid in U.S. dollars, and the stated objective of the program is to enhance shareholder value without requiring additional security holder approval.

The notification, filed as an “other buy-back” under ASX rules, covers a class with 368.6 million shares on issue and allows News Corp to repurchase stock in the open market or otherwise, subject to market conditions and regulatory constraints. The filing reiterates that the scale of repurchases, which stem from a program authorized on July 15, 2025 and with an anticipated operational date of Sept. 22, 2021, could materially affect the company’s capital structure and is part of News Corp’s ongoing use of buybacks as a capital allocation tool, while cautioning that outcomes depend on stock price movements, general market conditions and legal requirements.

The most recent analyst rating on (NWSA) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Highlights $1 Billion Share Repurchase Program

News Corporation has reminded investors that it operates a stock repurchase program authorizing the buyback of up to $1 billion of its outstanding Class A and Class B common stock, with daily transaction disclosures made to the Australian Securities Exchange and further details included in its periodic U.S. filings. In an Appendix 3C dated 19 February 2026, the company notified the ASX that under its 2025 Repurchase Program it may, subject to market conditions, repurchase up to $1 billion of Nasdaq-listed shares, excluding ASX-listed CDIs, from a total Class A float of 368,638,731 shares, with Goldman Sachs & Co. LLC acting as broker and the stated objective of enhancing shareholder value, while past documentation also referenced an anticipated buy-back date of 22 September 2021.

The buy-back is part of News Corp’s capital management strategy to repurchase up to $1 billion of shares. The program targets Nasdaq-listed Class A and B stock, excluding CDIs, with Goldman Sachs executing trades.

News Corp notified the ASX on 19 February 2026 of its ongoing 2025 Repurchase Program. The company aims to enhance shareholder value while providing regular disclosures to regulators and investors.

The most recent analyst rating on (NWSA) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Launches $1 Billion U.S. Share Buyback

News Corp has disclosed to the ASX that, under a stock repurchase program authorized as of July 15, 2025, it may buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock, with no ASX-listed CDIs to be repurchased. In a daily buy-back notification dated Feb. 18, 2026, the company said the program, which is intended to enhance shareholder value, will be conducted in cash in U.S. dollars and does not require shareholder approval, giving management flexibility to adjust capital structure in response to market conditions.

The filing notes that the repurchase will be executed from time to time in the open market or otherwise, subject to stock price, general market conditions and legal constraints. With 368,638,731 Class A shares on issue, the potential buy-back, including transactions anticipated to occur from Sept. 22, 2021 under previous authorizations, underscores News Corp’s ongoing use of buy-backs as a capital management tool, which could support earnings per share and signal confidence in the company’s longer-term prospects.

The most recent analyst rating on (NWSA) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp updates $1B share repurchase authorization details

News Corp has updated the Australian Securities Exchange on its existing stock repurchase program, under which it is authorized to buy back up to $1 billion of its Nasdaq-listed Class A and Class B common shares. The latest ASX Appendix 3C filing, dated Feb. 16, 2026, specifies that the buy-back applies to the NWSAA Class A line, with 368.6 million securities on issue, and confirms that no ASX-listed CDIs will be repurchased under the program.

The company reiterated that the 2025 Repurchase Program, first authorized on July 15, 2025, is intended to enhance shareholder value and may be executed in the open market or otherwise, with Goldman Sachs & Co. LLC engaged as broker and consideration to be paid in U.S. dollars. News Corp noted that the program does not require shareholder approval or impose foreign participation limits, underscoring the flexibility of its capital management strategy while highlighting that actual repurchase activity will depend on share price, market conditions and other factors.

The most recent analyst rating on (NWSA) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Launches Daily Buyback Under 2025 Program

News Corporation has notified the Australian Securities Exchange on 13 February 2026 that it is conducting a daily buy-back under its existing stock repurchase program, which authorizes the company to acquire up to US$1 billion of its Class A and Class B common stock. The 2025 Repurchase Program, run via Goldman Sachs & Co. LLC and funded in U.S. dollars, targets only Nasdaq-listed shares, excludes ASX-listed CDIs, and is intended to enhance shareholder value without requiring additional security holder approval or imposing foreign participation limits.

The most recent analyst rating on (NWSA) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Highlights Ongoing $1 Billion Share Repurchase

News Corp has reaffirmed that under its existing stock repurchase program it is authorized to buy back up to $1 billion of its outstanding Class A and Class B common shares, and on Feb. 12, 2026 it filed a daily buy-back notification with the ASX covering its Nasdaq-listed Class A stock. The company’s 2025 Repurchase Program, authorized on July 15, 2025, allows purchases in the open market or otherwise, excludes ASX-listed CDIs, and is framed as a capital management move intended to enhance shareholder value while remaining sensitive to market conditions and regulatory constraints.

Under the notification, News Corp disclosed it has 369,105,463 Class A shares on issue and may repurchase a combination of Class A and Class B stock up to the $1 billion cap, with Goldman Sachs & Co. LLC engaged to execute transactions in U.S. dollars. The buyback does not require shareholder approval or impose foreign participation limits, underscoring the board’s discretion and signaling continued commitment to returning capital to investors, though actual repurchase levels will depend on share price, market dynamics and alternative uses of capital.

The most recent analyst rating on (NWSA) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp outlines $1 billion 2025 share buyback

On 23 January 2026, News Corporation filed an updated notification with the Australian Securities Exchange outlining its previously authorized 2025 Repurchase Program, under which it may buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock, with 370,097,474 Class A shares currently on issue. The buy-back, to be executed in cash and potentially via Goldman Sachs & Co. LLC as broker, does not require shareholder approval, imposes no foreign participation restrictions, excludes ASX-listed CDIs, and is described by the company as a capital management measure aimed at enhancing shareholder value.

The most recent analyst rating on (NWSA) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Details Expanded $2 Billion Share Buyback Plan

On January 22, 2026, News Corporation filed a final daily buy-back notification with the Australian Securities Exchange outlining the operation of its existing stock repurchase framework covering Nasdaq-listed Class A and Class B common shares. The company detailed that a US$1 billion repurchase program authorized on September 21, 2021, was supplemented by an additional US$1 billion authorization as of July 15, 2025, allowing News Corp to buy back up to US$2 billion of stock in total, paid in U.S. dollars and executed in the open market or otherwise, with Goldman Sachs & Co. LLC acting as broker. The buy-back, which does not extend to ASX-listed CDIs and does not require shareholder approval or impose foreign participation restrictions, is framed as a capital management measure intended to enhance shareholder value, with the scale of repurchases influenced by market conditions, stock price and other factors, potentially affecting News Corp’s share count and capital structure over time.

The most recent analyst rating on (NWSA) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp Advances Capital Management With Ongoing Share Buybacks

On January 21, 2026, News Corporation notified the Australian Securities Exchange of a daily buy-back related to its previously authorized stock repurchase programs, under which it may acquire up to an aggregate of US$1 billion of Class A and Class B common stock pursuant to a 2021 authorization and an additional US$1 billion under a 2025 authorization. The company, which had 370,097,474 Class A shares on issue and cited enhancing shareholder value as the rationale, plans to execute the repurchases in cash in US dollars, primarily in the open market for its Nasdaq-listed stock via Goldman Sachs & Co. LLC, with no repurchase of ASX-listed CDIs, no requirement for additional shareholder approval, and no foreign participation restrictions, underscoring an ongoing capital management strategy aimed at supporting its share price and optimizing its balance sheet.

The most recent analyst rating on (NWSA) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

News Corp updates market on expanded share repurchase plans

News Corporation has updated the market on its ongoing share repurchase initiatives, noting that it is authorized under two repurchase programs to buy back up to an aggregate of US$1 billion of Class A and Class B common stock under a 2021 program and a further US$1 billion under a 2025 program. In a filing dated January 19, 2026, referencing an initial notification from September 22, 2021 and a prior update on January 16, 2026, the company disclosed to the ASX that the buy-back, which covers Nasdaq-listed stock but excludes ASX-listed CDIs, may be conducted in the open market or otherwise, will be executed for cash in US dollars, is intended to enhance shareholder value, and does not require shareholder approval or impose foreign participation restrictions, signaling a continued commitment to capital returns as part of its financial strategy.

The most recent analyst rating on (NWSA) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.