Fox Corporation (FOX) AI Stock Analysis

Fox Corporation is a leading news, sports, and entertainment company in the United States. It operates through three main segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content across properties such as FOX News, FOX Business, FS1 and FS2, and the Big Ten Network. The Television segment operates The FOX Network, advertising-supported video-on-demand platform Tubi, Fox Alternative Entertainment, MyNetworkTV, Blockchain Creative Labs, and 29 broadcast television stations across the United States. The Other, Corporate and Eliminations segment manages the FOX Studios Lot in Los Angeles.

Fox Corporation grew annual revenue from $13.97B in FY2022 to $17.13B in FY2026, delivering a 5.8% 5-year revenue CAGR from FY2021 to FY2026. Gross margin expanded to 36.6% in FY2026 from 34.8% in FY2022, while operating margin rose to 22.7%. Net income for FY2026 was $1.69B, down from $2.26B in FY2025, but annual EPS rose to $5.44. Free cash flow totaled $1.47B in FY2026 on operating cash flow of $1.97B. In the latest quarter ended June 30, 2026, quarterly revenue grew 28.1% year-over-year, and quarterly earnings grew 3.1%.

As of June 30, 2026, Fox Corporation held $4.21B in cash and short-term investments against total debt of $7.57B, resulting in net debt of $3.36B. Total assets stood at $22.48B and shareholders' equity was $11.63B, with a debt-to-equity ratio of 0.65 and a current ratio of 3.17. In FY2026, the company spent $502.0M on capital expenditures. Cash allocation prioritized shareholder returns, with $2.00B allocated to share buybacks and $287.0M paid in dividends, contributing to a 5-year share count decline of 25.3%.

At a last close of $57.22, Fox Corporation trades at a trailing P/E of 14.9x and a forward P/E of 9.9x, both below the median of its S&P 500 Communication Services peers (20.5x and 15.4x). Its enterprise value of $28.80B represents an EV/EBITDA multiple of 9.3x, compared to the peer median of 11.7x, and its price-to-sales is 1.4x versus the peer median of 1.9x. The stock has gained 12.8% over the past year and 57.1% over five years, trailing the S&P 500 (SPY) gains of 16.8% and 83.0% over the same periods.

Fox Corporation pays a semiannual dividend with an annual forward payout of $0.58 per share, yielding 1.01% as of October 16, 2026. The dividend payout ratio is 10.5%, and the company has paid dividends for 8 consecutive years. Its 5-year annualized dividend growth rate is 3.6%, and its last ex-dividend date was September 2, 2026.

Wall Street analyst coverage consists of 1 Strong Buy, 0 Buy, 1 Hold, 1 Sell, and 0 Strong Sell ratings. The mean price target is $51.50, which stands 10.0% below the last close of $57.22. Fox Corporation beat EPS estimates in each of its last 4 quarters. The company's next earnings date is scheduled for November 2, 2026.

This page is an AI-written research summary of Fox Corporation (FOX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FOX income statement, FOX balance sheet, FOX key metrics, FOX analyst forecast, FOX chart. See the FOX stock overview for the latest quote and news.