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Fox Corporation (FOXA) Stock Analysis

By Nova Skye | AltStation.io | Updated October 28, 2026

Price

$64.06

Change

-1.94%

Market Cap

$27.01B

Avg Volume

4.9M

Company Overview

Headquartered in New York, Fox Corporation operates in the Communication Services sector with a focused footprint in entertainment, live sports, and news. The company runs two operating segments: Cable Network Programming and Television. Fox generates revenue by charging licensing and retransmission fees to traditional cable systems, satellite operators, and digital distributors, while selling advertising inventory across the FOX network, Fox News, local broadcast stations, and its ad-supported streaming service Tubi. The business also produces content for third parties, leases studio facilities, and operates a consumer finance marketplace.

Fox carved out a distinct competitive position by avoiding the costly subscription streaming wars that weighed down peers like Disney, Paramount, and Warner Bros. Discovery. It operates as a focused leader in appointment viewing, using live news and premium sports rights to maintain strong pricing power with pay-TV distributors and advertisers. The primary threat to this model is secular cord-cutting, which steadily shrinks the base of traditional cable subscribers paying monthly affiliate fees. To offset linear distribution losses, Fox uses Tubi as its digital distribution engine, competing directly against services like Pluto TV and The Roku Channel in the free ad-supported streaming market.

Fox delivered $17.13 billion in total revenue for fiscal year 2026, up 5% year-over-year. Digital momentum centers on Tubi, which posted 35% revenue growth in the fourth quarter and reached 110 million monthly active users. Advertising spikes around marquee live events like the FIFA World Cup and cyclical political campaign spending continue to provide major quarterly lifts to the television division. Rather than executing a risky corporate pivot, Fox is doubling down on high-margin live broadcasts while expanding free digital streaming to capture cord-cutters.

Key Financials

Market Cap

$27.01B

Revenue

$17.13B

EBITDA

$3.88B

Gross Margin

36.6%

Profit Margin

9.8%

Revenue Growth

28.1%

Total Cash

$4.20B

Total Debt

$7.57B

Free Cash Flow

$555.37M

52-Week Price Performance Analysis

Price Statistics

P/E Ratio

16.68

Forward P/E

10.93

Beta

0.61

52-Week High

$76.39

52-Week Low

$48.34

EPS

$3.84

50-Day Avg

$65.46

200-Day Avg

$62.40

Price/Book

2.31

Technical Analysis

FOXA trades at $64.06, 60% of the way from its technical 52-week low of $48.13 to its high of $75.68. The stock is 14.74% below that high but remains 34.08% above the low. Price is 0.94% above the 20-day moving average of $63.93, so the intermediate trend is still slightly positive. Momentum is mixed: FOXA gained 3.28% over the last 20 trading days but lost 3.69% over the last five. Near-term support is $61.28, while $68.27 is the resistance level buyers need to clear.

Recent News and Developments

Fox earnings expected to show 33.8% EPS growth

Fox is expected to report fiscal first-quarter results before the market opens on November 2. Analysts project earnings of $2.02 per share, up 33.8%, and revenue of $4.32 billion, up 15.7%. Source: MarketBeat

Supercast adds newsletters to its creator platform

Fox-owned Red Seat Ventures launched native email newsletters on Supercast on October 23. The feature tracks open rates, clicks, subscriber growth and newsletter-driven revenue, and is included in the platform’s base price of $0.59 per subscriber per month. Source: Fox Corporation

Fox News launches AI election tools

Fox News announced an AI-powered election chatbot, interactive maps and county-level data tools for its November 3 midterm coverage. The company is also adding augmented-reality graphics and an interactive commentary feature for signed-in app users. Source: Fox News Media

Market Sentiment and Analyst Recommendations

Bull Case

Revenue growth of 28.1% is the strongest reason to own FOXA. The company generates $17.13 billion in revenue and trades at 16.68 times earnings, which is not an aggressive valuation for that growth rate. Analysts rate the stock a buy, with 18 analysts covering it and a consensus target of $79.63. That target sits above both the current $64.06 price and the technical 52-week high of $75.68. The upcoming fiscal first-quarter report carries strong expectations: earnings of $2.02 per share, up 33.8%, and revenue of $4.32 billion, up 15.7%. FOXA offers a credible combination of growth, reasonable valuation and analyst-supported upside.

Bear Case

FOXA carries $7.57 billion in total debt against $4.20 billion in cash, leaving the balance sheet more leveraged than cash-rich. The stock also failed to hold its October 22 rally to $68.27 and fell for three straight sessions to $64.53 by October 27. That close was 1.99% below the October 21 close of $65.84, showing weak follow-through before earnings. Five-day momentum is negative 3.69%, despite the positive 3.28% move over 20 trading days. Analyst expectations are not uniformly bullish because the low target is $60.00, below the current $64.06 price. A weak earnings report could push the stock toward $61.28 support, while the debt load gives Fox less room for operational mistakes.

What to Watch

The next major catalyst is Fox’s fiscal first-quarter report before the market opens on November 2. Investors should compare the results with expectations of $2.02 in earnings per share and $4.32 billion in revenue. The market is looking for 33.8% earnings growth and 15.7% revenue growth, so merely posting growth may not be enough. On the chart, $61.28 is the key downside threshold and $68.27 is the level bulls need to reclaim. Fox News’ November 3 midterm coverage will test its new AI chatbot, interactive maps, county-level tools and signed-in commentary features. Over the quarter, the thesis improves if FOXA clears $68.27 and delivers against its earnings expectations; it weakens if price breaks $61.28 or growth falls short.

Analyst Consensus

BUY

Based on 18 analyst opinions

Low Target

$60.00

Mean Target

$79.63

High Target

$125.00

Earnings and Financial Data

Sector

Communication Services

Industry

Entertainment

Employees

10,550

Earnings & Dividends

Next Earnings

Nov 02, 2026

EPS (Trailing)

$3.84

Dividend Yield

89.0%

Payout Ratio

14.6%

Frequently Asked Questions

Is FOXA a good stock to buy?

FOXA has a buy recommendation from 18 analysts, revenue growth of 28.1% and a P/E ratio of 16.68. The numbers support a bullish view, but investors should watch the $61.28 support level. The takeaway is that FOXA looks attractive for investors comfortable with near-term volatility.

What is FOXA’s price target?

The analyst target is $79.63, with estimates ranging from $60.00 to $125.00. That range shows substantial disagreement about the stock’s upside. The takeaway is that the consensus is bullish, but the outcome is far from certain.

What is FOXA’s 52-week range?

The supplied key data lists a 52-week range of $48.34 to $76.39, while the technical price series shows a low of $48.13 and a high of $75.68. At $64.06, the stock is 60% of the way from the technical low to the technical high. The takeaway is that FOXA sits above the midpoint of its technical range.

How much cash and debt does Fox have?

Fox has $4.20 billion in total cash and $7.57 billion in total debt. Debt therefore exceeds cash. The takeaway is that investors should treat the balance sheet as a real risk factor.

What are FOXA’s support and resistance levels?

Near-term support is the 30-day low of $61.28, while resistance is the 30-day high of $68.27. The current price of $64.06 sits between those levels. The takeaway is that a move beyond either boundary could set the next short-term direction.

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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated October 28, 2026.