Fox Corporation (NASDAQ:FOXA) witnessed a flurry of trading activities, provoking mixed market sentiments. It had an impressive performance for
Q1 Fiscal 2025 with
$3.56 billion in revenues, a net income of $832 million, and adjusted EBITDA of $1.05 billion. This led to a surge in Fox’s stock price. Several investment firms registered changes in their stakes, both buying and selling large numbers of shares.
Notably, Intech Investment Management LLC bought 119,125 shares signifies strong institutional interest. However, firms like Empowered Funds LLC and Sumitomo Mitsui Trust Group Inc. sold out their shares. Multiple firms including Guggenheim, Evercore ISI, and Goldman Sachs revised their
price target for FOXA, with predictions as high as $51. Despite this, analysts have issued a consensus
'Hold' rating for the stock. News about Rupert Murdoch's trust selling $4.2 million in Fox stock sent mixed signals. Amidst changing times, Fox implemented strategic realignments and launched a new campaign under its Tubi brand. Amid the fluctuations, FOXA seems to be adapting well to market changes.
Fox Corporation Class A FOXA News Analytics from Thu, 04 Jun 2015 17:56:31 GMT to Sat, 23 Nov 2024 10:13:30 GMT -
Rating 1
- Innovation -3
- Information 8
- Rumor 0
