Fox

FOXA · NASDAQ

$67.00+$1.73 (+2.65%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $65.27

FOXA analyst rating

BuyConsensus of 15 analysts over the last 12 months. 60% rate it a buy.

Strong buy0
Buy9
Hold6
Underperform0
Sell0

12-month price target · 22 analysts

Average $77.29 (+15.4% upside)

Low: $53.13
Now: $67.00
High: $117.60

Upgrades and downgrades

The latest rating actions, newest first

FOXA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B of A Securities	Oct 16, 2026	Upgrade	Underperform → Buy	$54.00 → $85.00	69%
Guggenheim	Sep 23, 2026	Maintains	Buy	$85.00	54%
Citizens	Sep 14, 2026	Initiates	Market Outperform	$95.00	48%
Guggenheim	Aug 25, 2026	Maintains	Buy	$85.00	54%
Wells Fargo	Aug 14, 2026	Upgrade	Equal-Weight → Overweight	$65.00 → $80.00	53%
JP Morgan	Aug 14, 2026	Upgrade	Neutral → Overweight	$70.00 → $82.00	69%
Seaport Global	Aug 7, 2026	Downgrade	Buy → Neutral	—	63%
Wells Fargo	Jul 6, 2026	Maintains	Equal-Weight	$71.00 → $65.00	53%
Wolfe Research	Jul 1, 2026	Upgrade	Peer Perform → Outperform	$71.00	53%
Barclays	Jun 15, 2026	Maintains	Equal-Weight	$67.00 → $60.00	56%

The case for and against

Updated Oct 15, 2026

Bull case

Fox is well positioned because its earnings are increasingly driven by scarce live sports and news, with Fox News ranking #1 in summer ratings, record World Cup Finals viewership, and NFL-related audience strength supporting advertising demand. Its model also benefits from resilient affiliate revenue and improving free cash flow, with F1Q27 Cable Networks EBITDA guided to $806mm, total company EBITDA to $1.36bn, and FY27 free cash flow raised to $3.1bn as World Cup working capital headwinds reverse. The company’s ad-supported Tubi growth, Fox One momentum, and midterm political cycle create additional catalysts, while the Murdoch family’s control and disciplined capital allocation support strategic execution and shareholder alignment.

Bear case

Fox is pressured by its heavy dependence on live news and sports tied to the shrinking pay-TV bundle, leaving cable networks exposed to cord-cutting, weaker subscriber fees, and potential channel shutdowns if viewership falls. Its post-Disney profile offers limited organic growth because the business no longer creates entertainment content, and management itself has described only modest F27 growth of about 1.7% revenue, 2.5% Adj OIBDA, and 2.5% FCF above F25. Even after the strong World Cup-driven F4Q26, advertising remains vulnerable to recession, shifting budgets toward experiences, and intensifying competition for a smaller ad market, while the dual-class structure concentrates voting power and limits governance flexibility.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.