Fox Corporation Class B (FOX)

In the past six months, Fox Corp. (FOX) stock has trended up by 12.27%. As of June 23, 2025, the share price was $51.40, representing an increase of 60.27% over the period from June 24, 2024. Strong performance in Q3 2025, with adjusted EPS of $1.10 and revenue reaching $4.37 billion, led to a stock price surge of 6.47% in premarket trading on May 12, 2025. The Television segment saw a 40% increase in revenue, driven by the launch of FOX One and the expansion of Tubi.

Demand seasonality is evident in Fox Corp.'s sports programming. The launch of FOX One aligns with the fall NFL and college football seasons, indicating high demand for sports content. While the fiscal fourth quarter tends to be quieter, strong audience and advertiser demand is anticipated for NASCAR, IndyCar, and the start of baseball season. Advertising revenue fluctuates with major sporting events and political cycles.

Fox Corporation is an American multinational mass media company focused on television broadcasting, news, and sports. It was established on March 19, 2019, as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets. The company operates through segments like Cable Network Programming, Television, Credible, FOX Studio Lot, Tubi Media Group, and FOX One. FOX One is a new direct-to-consumer streaming service set to launch in Fall 2025.

Fox Corporation's products and services are primarily aimed at the United States market. Fox International Channels encompass a global portfolio, providing channels in Europe, Latin America, Africa, and Asia. MarVista Entertainment has an expansive distribution footprint spanning over 125 global territories.

Fox Corporation's brands, especially FOX, are highly valuable, and maintaining its brand image is crucial. High-profile programming and news coverage expose it to cybersecurity risks, which could harm its operations and reputation. FOX News Media has maintained its position as a highly-watched television news channel.

Fox Corporation's ownership includes individual, retail, and institutional investors. The Murdoch family controls the company via a family trust with a 39.6% ownership share. Institutional investors hold approximately 48.61% to 55.75% of the company's stock, with major shareholders including Vanguard Group Inc., BlackRock, Inc., and State Street Corp.