Fox Corporation recently reported its
Q2 2026 revenues of $5.18 billion, a 2% YoY growth, with strong results driven by advertising and distribution strength. Business Intelligence firm
Zacks Research downgraded Fox to Hold status. The corporation also announced the declaration of dividends for both Class A and Class B shares, payable in March 2026. Fox has been hitting all-time highs, reaching $71.39, and continues to demonstrate solid momentum.
Evercore ISI and
Wells Fargo registered renewed interests, with Evercore setting the price target to $70.00, and Wells Fargo granting an “Equal Weight” rating.
JP Morgan Chase & Co. and
Morgan Stanley also issued positive forecasts for Fox. However,
Goldman Sachs lowered its price target from $87 to $80. The company's strength in sports and Tubi have been instrumental in its revenue growth. Amidst these, the
Murdoch family trust announced its decision to sell a significant number of Fox shares. Despite the challenges of modern media, Fox has been able to adapt and achieve milestone performances. There's also keen interest in the company's approach in the era of streaming services. Fox’s digital presence is expanding, and it continues to buck the declining trend in linear networks.
Fox Corporation Class A FOXA News Analytics from Tue, 01 Mar 2016 08:00:00 GMT to Sat, 07 Feb 2026 11:35:08 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3