Fox Corporation (FOXA) AI Stock Analysis
FOXA AI stock analysis summary
AI ResearchFox Corporation (FOXA) is a major U.S. news, sports, and entertainment company. In FY2026, revenue reached $17.13B with diluted EPS of $5.44, supported by a 5.8% 5-year revenue CAGR. The stock trades at a trailing P/E of 16.7x, below the median of its S&P 500 Communication Services peers.
- Market cap
- $27.05B
- Revenue (TTM)
- $17.13B
- P/E
- 16.7x fwd 11.1x
- 1Y return
- 13.6% S&P 500 16.8%
- Avg. target
- $78.14 21.8% vs last close
Bull case
- Revenue expanded at a 5-year CAGR of 5.8% to reach $17.13B in FY2026, with latest quarterly revenue surging 28.1% year-over-year.
- The company's forward P/E of 11.1x and EV/EBITDA of 9.3x compare favorably to S&P 500 Communication Services peer medians of 15.4x and 11.7x.
- Shareholder returns remain supported by significant repurchases, including $2.00B spent in FY2026 and a 23.4% reduction in share count over 5 years.
Bear case
- Free cash flow dropped by over half from $2.99B in FY2025 to $1.47B in FY2026.
- Consensus estimates project a contraction for the fiscal year ending June 30, 2028, with EPS expected to fall 1.7% to $5.90 and revenue to decrease 0.4% to $17.63B.
- Short interest represents a substantial 28.2% of the float, while year-to-date share price performance sits at -11.4%.
What Fox does
Fox Corporation operates as a news, sports, and entertainment company across three segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content distributed through MVPDs and digital platforms, featuring channels such as FOX News, FOX Business, FS1, FS2, and the Big Ten Network. The Television segment manages The FOX Network, advertising-supported streaming service Tubi, Fox Alternative Entertainment, MyNetworkTV, Blockchain Creative Labs, and 29 owned-and-operated broadcast television stations. The Other, Corporate and Eliminations segment oversees the FOX Studios Lot in Los Angeles, California, providing production and post-production facilities.
Growth and profitability
Fox Corporation delivered $17.13B in revenue for FY2026, marking 5.1% growth compared to $16.30B in FY2025 and $13.98B in FY2024. Operating margin was 19.5% in FY2026, slightly down from 19.8% in FY2025. Net income stood at $1.69B with a net margin of 9.8%, while EPS rose to $5.44, up from $4.78 in FY2025 and $3.42 in FY2024. Free cash flow totaled $1.47B in FY2026, down from $2.99B in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue growth was 28.1% year-over-year, while quarterly earnings grew 3.1%. Over the 5-year period from FY2021 to FY2026, revenue expanded at a compound annual growth rate of 5.8%.
Balance sheet and cash flow
As of June 30, 2026, Fox Corporation held $4.21B in cash and short-term investments against total debt of $6.61B, resulting in net debt of $2.40B. Shareholders' equity was $11.63B, supported by a debt-to-equity ratio of 0.57 and a current ratio of 3.17. In FY2026, operating cash flow reached $1.97B. Capital expenditures were $502.0M, while the company returned capital through $2.00B in share buybacks and $287.0M in dividends paid. Its share count decreased 23.4% over five years.
Valuation and performance
Fox Corporation has a market capitalization of $27.05B and an enterprise value of $28.80B. The stock trades at a trailing P/E of 16.7x and a forward P/E of 11.1x, below the median of its S&P 500 Communication Services peers of 20.5x and 15.4x, respectively. Its EV/EBITDA multiple of 9.3x also sits below the peer median of 11.7x. Over the past year, FOXA generated a return of 13.6%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock gained 64.1% compared to 83.0% for the index.
FOXA dividend
Fox Corporation pays an annual forward dividend of $0.58 per share, translating to a dividend yield of 0.90% based on its last close of $64.15. The dividend is distributed on a semiannual schedule and has been paid for 8 consecutive years. Its payout ratio stands at 10.5%, and the 5-year annualized dividend growth rate is 3.6%. The last ex-dividend date was September 2, 2026.
What analysts expect
Wall Street coverage includes 9 Strong Buy, 2 Buy, 8 Hold, and 1 Sell ratings. The mean price target is $78.14, representing a 21.8% premium over the October 16, 2026 close of $64.15. For the fiscal year ending June 30, 2027, consensus estimates project revenue of $17.70B and EPS of $6.00, reflecting 10.6% EPS growth. Fox Corporation exceeded EPS estimates in all 4 of its last 4 quarters. The next earnings date is November 2, 2026.
Key risks and what to watch
- Net debt stands at $2.40B with total obligations of $6.61B against cash and short-term investments of $4.21B.
- Revenue momentum faces potential cyclical swings, as seen when annual revenue fell 6.3% in FY2024.
- High short interest of 28.2% of float reflects significant market skepticism regarding future performance.
- Net margin contracted from 13.9% in FY2025 to 9.8% in FY2026 as net income fell from $2.26B to $1.69B.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this FOXA AI stock analysis
This page is an AI-written research summary of Fox Corporation (FOXA). 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: FOXA income statement, FOXA balance sheet, FOXA key metrics, FOXA analyst forecast, FOXA chart. See the FOXA stock overview for the latest quote and news.
FOXA AI stock analysis FAQ
What is Fox Corporation's dividend yield and payout schedule?
Fox Corporation offers an annual forward dividend of $0.58 per share, which yields 0.90% at the last close of $64.15. Dividends are paid on a semiannual frequency with a payout ratio of 10.5%.
How does FOXA's valuation compare to its sector peers?
FOXA trades at a trailing P/E of 16.7x and a forward P/E of 11.1x, both lower than the median of its S&P 500 Communication Services peers at 20.5x and 15.4x. Its EV/EBITDA of 9.3x is also below the peer median of 11.7x.
What are analysts forecasting for Fox Corporation's earnings?
For the fiscal year ending June 30, 2027, analysts project EPS of $6.00 and revenue of $17.70B. For the following fiscal year, 18 analysts anticipate EPS of $5.90 on revenue of $17.63B.
When is Fox Corporation's next earnings report?
Fox Corporation is scheduled to report its next quarterly financial results on November 2, 2026.