News Corporation Class A (NWSA)

Over the past six months, News Corp.'s stock has experienced a decline. In July 2025, News Corp. announced a new $1 billion stock repurchase program. On September 29, 2025, the stock reached an all-time high closing price of $31.03. On November 25, 2025, JPMorgan Chase & Co. lowered its price target on News Corp. from $40.00 to $38.00. In December 2025, News Corp. reported record first-quarter revenue and profitability, but faced downward pressure from a customer dispute and weakness in advertising revenues. On January 12, 2026, Weiss Ratings lowered News Corp. from a "buy" rating to a "hold" rating. On February 5, 2026, News Corp. reported a 6% increase in second-quarter revenues, but net income decreased by 21%.

Demand seasonality varies across News Corp.'s segments. Digital-only subscriptions in News Media benefit from seasonality related to students. Book Publishing anticipates strong momentum ahead of the seasonal gifting period. Digital Real Estate Services experiences seasonal fluctuations in the housing market. Dow Jones' B2B products demonstrate less pronounced seasonality due to their recurring nature.

News Corp. is a global diversified media and information services company focused on creating and distributing content worldwide. Its business is divided into four core segments: Digital Real Estate Services, Dow Jones, Book Publishing, and News Media. The company is strategically shifting towards high-margin digital subscriptions and B2B services.

News Corp. operates primarily in the United States, Australia, and the United Kingdom, distributing its content and services globally. The company's headquarters are located in New York City.

News Corp. has a strong market presence and diversified revenue streams through its media brands, including The Wall Street Journal, Barron's, and HarperCollins. The company is proactively addressing the misuse of its content by AI companies and has seen positive revenue impacts from its OpenAI licensing agreement.

News Corp.'s ownership is heavily weighted towards institutional investors, with the Murdoch family maintaining significant control through Class B voting shares. Major institutional owners include Vanguard Group Inc., State Street Corp, BlackRock, Inc., Independent Franchise Partners LLP, Price T Rowe Associates Inc /md/, and Barclays PLC. The Murdoch Family Trust holds a significant insider stake, giving them effective control.