Fox Corporation Class A (FOXA)

Over the past six months, FOXA's share price increased by 51.84% over the past year as of September 22, 2025. The stock reached new 52-week highs in late September 2025, closing at an all-time high of $63.06 on September 30, 2025. Bank of America and Wells Fargo & Company raised their price targets on FOXA to $70, maintaining "buy" or "overweight" ratings, while UBS Group set a $65.00 price target with a "buy" rating in June 2025. Fox Corporation announced a dividend increase to $0.28 per share, paid on September 24, 2025. On August 5, 2025, Fox Corporation reported strong Q4 FY 2025 results, with adjusted earnings per share of $1.27 and revenue of $3.29 billion. In September 2025, Fox Corporation announced the resolution of the Murdoch Family Trust legal proceedings and a secondary offering of Class B common stock, which led to a decline in shares of News Corp and Fox. In June 2025, Fox Corporation reported a 26.8% year-over-year increase in sales for Q1 CY2025, reaching $4.37 billion, and a non-GAAP EPS of $1.10 per share, bolstered by strong advertising demand and increased digital engagement. In September 2025, Fox was in talks to join an investor group to acquire TikTok's U.S. operations.

Demand for Fox Corporation's products and services exhibits seasonality, driven by major live events. The company capitalizes on live sports and news events to boost viewership and advertising revenue. Super Bowl LIX significantly impacted Q1 CY2025 sales, generating over $800 million in gross advertising revenue. Advertising revenue can fluctuate with political advertising cycles and major sporting events.

Fox Corporation operates in the media and entertainment sector, focusing on broadcasting. Its business involves producing and licensing content across platforms like cable television, satellite, and digital platforms. Key products and brands include FOX News Media (FOX News Channel, FOX Business Network, FOX Nation), FOX Sports (including FS1, FS2, FOX Soccer Plus, FOX Deportes, and rights for NFL, MLB, and NASCAR), FOX Entertainment (scripted and unscripted programming), FOX Television Stations (29 broadcast stations), Tubi Media Group (ad-supported streaming), The FOX Studio Lot, and Credible (a U.S. consumer finance marketplace).

Fox Corporation primarily focuses on the U.S. market but has an international presence through Fox International Channels in Europe, Latin America, Africa, and Asia, offering entertainment and lifestyle channels like Fox Channel, Fox Life, and FX, as well as Fox Sports Latin America.

Fox Corporation's brand reputation has been positively influenced by the strong performance of its news and sports divisions. Fox News Channel outperformed ABC and CBS in weekday primetime viewership during the third quarter of 2025, marking its 95th consecutive quarter as the top-rated cable news network in primetime. Tubi, the company's ad-supported streaming service, reported a 35% year-over-year revenue increase, driven by its growing appeal to younger audiences.

Fox Corporation has a dual-class ownership structure, with Class A shares available to public investors and Class B shares, carrying greater voting rights, primarily held by the Murdoch family. The Murdoch family maintains significant control through their ownership of Class B voting shares, with Lachlan K. Murdoch being the largest individual shareholder, owning 19.65% of the company's shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., State Street Corp., Dodge & Cox, Independent Franchise Partners LLP, and Geode Capital Management, Llc.