Fox Corporation Class A (FOXA)

Over the past six months, Fox Corporation's stock has been influenced by several events. Strong Q1 Fiscal 2026 results, driven by Tubi's profitability and strengthened NFL ratings, led to a stock increase. Analyst upgrades and price target increases from firms like Guggenheim Securities and Citigroup also positively impacted the stock. Fox announced a $1.5 billion share buyback. There were instances of insider selling by Adam G. Ciongoli and CFO Steven Tomsic. FOXA shares surged 44.8% over the past six months and 66.8% over the past 52 weeks, outperforming the Communication Services Select Sector SPDR ETF (XLC), and hit a new 52-week high around $75 on January 5, 2026.

Demand for Fox Corporation's products and services is seasonal, influenced by live news and sports content. Major sporting events like the NFL and college football drive viewership and advertising revenue. FOX News benefits from breaking news and political cycles. Advertising revenues can be hit-driven, influenced by trends and consumer preferences. The company's free cash flow can be negative in certain quarters due to its working capital cycle. The growing popularity of platforms like Tubi helps adapt to shifting consumer behaviors, potentially offsetting some traditional seasonality.

Fox Corporation is an American multinational mass media company focused on producing and distributing news, sports, and entertainment content. It operates in the broadcasting sector with key segments including Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content through various platforms, featuring brands like FOX News Media and FOX Sports. The Television segment produces and distributes broadcast network programming through the FOX network and AVOD services like Tubi, and includes FOX Television Stations. Tubi Media Group oversees digital businesses, while FOX Entertainment includes the FOX Television Network, FOX Entertainment Studios, TMZ, Tideline Entertainment, and Studio Ramsay Global. Credible is a digital marketplace for financial products.

Fox Corporation's primary geographic footprint is centered in North America, mainly in the United States. The company is headquartered in New York City, with offices in Burbank, California, and facilities in Los Angeles, California. Content distribution, particularly through MarVista Entertainment, spans over 125 global territories.

Fox Corporation maintains a strong brand presence, particularly with FOX News and FOX Sports, benefiting from brand loyalty and high viewership. Its focus on live news and sports content provides an advantage over streaming platforms. Tubi has solidified its position as a top premium AVOD platform. FOX News sustained strong ratings, becoming the most-watched cable network, and FOX Sports saw strong performance with increased MLB ratings and college football viewership. No significant negative events impacting Fox Corp.'s brand reputation were highlighted, beyond general industry competition and shifts in consumer preferences.

Fox Corporation has a dual-class share structure, allowing the Murdoch family to maintain control with 36% of the high-voting Class B shares controlled by the Murdoch Family Trust. Rupert Murdoch is now Chairman Emeritus. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Lachlan K. Murdoch is the largest individual shareholder, owning 19.72% of the company, and insiders collectively own 19.68% of the stock.