FOX (NASDAQ:FOXA) Stock Rating Lowered by Zacks Research

FOX (NASDAQ:FOXA) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on FOX from $65.00 to $69.00 and gave the stock a “neutral” rating in a research note on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $80.00 price objective on shares of FOX in a research report on Wednesday. Guggenheim upped their target price on shares of FOX from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Barclays cut their price target on shares of FOX from $64.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Morgan Stanley boosted their price target on shares of FOX from $74.00 to $77.00 and gave the company an “equal weight” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.07.

FOX Trading Down 1.7%

Shares of NASDAQ:FOXA opened at $64.78 on Thursday. The company has a market cap of $28.76 billion, a PE ratio of 15.57, a P/E/G ratio of 9.28 and a beta of 0.51. The company’s 50 day moving average is $71.73 and its two-hundred day moving average is $64.27. FOX has a 52 week low of $46.42 and a 52 week high of $76.39. The company has a current ratio of 2.78, a quick ratio of 3.03 and a debt-to-equity ratio of 0.60.

FOX (NASDAQ:FOXA) last posted its earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.47 by $0.35. FOX had a return on equity of 18.14% and a net margin of 11.41%.The firm had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. FOX’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equities analysts predict that FOX will post 4.38 earnings per share for the current fiscal year.

Insider Activity

In other FOX news, insider Adam G. Ciongoli sold 29,897 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the completion of the sale, the insider directly owned 35,978 shares of the company’s stock, valued at $2,502,269.90. This represents a 45.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven Tomsic sold 138,397 shares of FOX stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.54, for a total value of $9,208,936.38. Following the completion of the transaction, the chief financial officer owned 180,556 shares in the company, valued at $12,014,196.24. This trade represents a 43.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 268,294 shares of company stock valued at $17,214,273. Insiders own 19.68% of the company’s stock.

Hedge Funds Weigh In On FOX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. FWL Investment Management LLC acquired a new stake in shares of FOX in the 3rd quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new position in FOX in the fourth quarter worth $27,000. CYBER HORNET ETFs LLC acquired a new stake in FOX in the second quarter valued at $35,000. Rosenberg Matthew Hamilton boosted its position in shares of FOX by 58.5% during the 4th quarter. Rosenberg Matthew Hamilton now owns 696 shares of the company’s stock worth $51,000 after purchasing an additional 257 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of FOX during the 3rd quarter worth $51,000. Institutional investors and hedge funds own 52.52% of the company’s stock.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Q4 deep-dive highlights broad-based growth from news, sports and streaming, reinforcing revenue diversification and subscriber/advertising strength. FOXA Q4 Deep Dive: News, Sports, and Streaming Drive Broad-Based Growth
• Positive Sentiment: Transcript of Fox’s Q2 2026 earnings call shows managementbeat consensus on EPS and revenue, and commentary that supports the quarter’s outperformance — a near-term fundamental positive for the stock. Fox (FOXA) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Morgan Stanley raised its price target to $77 (equal weight), the largest upside among recent broker moves, signaling confidence in Fox’s outlook and valuation upside. Morgan Stanley PT Raise
• Positive Sentiment: Evercore ISI lifted its target to $70 (in-line), another signal that sell-side analysts see modest upside from current levels. Evercore ISI PT Raise
• Neutral Sentiment: JPMorgan raised its price target to $69 but kept a “neutral” rating — a modest positive to target but not a directional endorsement, so impact on price may be limited. JPMorgan PT Adjustment
• Negative Sentiment: Wells Fargo downgraded Fox from “overweight” to “equal weight” and trimmed its target from $80 to $75, signaling reduced conviction on near-term outperformance and likely contributing to selling pressure. Wells Fargo Downgrades Fox (FOXA)

FOX Company Profile

Fox Corporation (NASDAQ: FOXA) is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp’s operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.

Fox produces, acquires and distributes a range of live and recorded programming, including news, opinion and commentary, national and local sports telecasts, and general entertainment.