Barclays PLC and many other investment companies have been adjusting their stakes in
Fox Co. (NASDAQ:FOXA). Notably, both buying and selling actions have been reported, indicating varied strategies in response to Fox's recent performance. In its fiscal Q2 2025, Fox reported revenues of
$5.08 billion, with a net income of
$388 million and adjusted EBITDA of $781 million. This success, combined with the substantial ad revenue from Super Bowl LIX, has driven Fox's momentum in the market. However, officials from UBS Group revised Fox's price target, lowering it to
$61.00. Fox's Q1 fiscal 2025 report was also commendable, recording revenues of
$3.56 billion and a net income of
$832 million. A new Fox direct-to-consumer service is also in the pipeline, with Pete Distad appointed as CEO of the upcoming venture. Despite market turmoil, Fox has weathered the storm, thanks to their robust advertising and strategic approaches. However, news of
Rupert Murdoch selling $4.2 million in Fox stock and
Tucker Carlson leaving the news network has created a stir, shedding over $962 million in market value but the company remains resilient.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Sat, 19 Apr 2025 09:37:43 GMT -
Rating 5
- Innovation -1
- Information 5
- Rumor -4
