| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 85 | 14.7x | 17.8x | Top tier | |
Growth | 22 | 5.1% | 7.1% | Bottom tier | |
Quality | 69 | 18.9% | 4.5% | Top tier | |
Safety | 74 | 0.7x | 2.6x | Top tier | |
Capital Return | 40 | — | 2.12% | Bottom tier | |
Momentum | 62 | 4.4% | 2.9% | Around median | |
Sentiment | 74 | 4 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Fox Corporation operates in media and sports, news, and entertainment broadcasting through FOX Sports, FOX News, and television stations, alongside the digital streaming platforms Tubi, FOX One, and FOX Nation and the digital assets of FOX News and FOX Sports. The company generates revenue primarily from advertising, distribution fees, content sales, and sublicensing rights; in fiscal year 2026, advertising revenue increased 7%, distribution revenue rose 4%, and content and other revenue grew 4%.
In Q4 of fiscal year 2026, total revenue increased 28% to $4.2 billion, and adjusted earnings before interest, taxes, depreciation, and amortization improved 27% to $1.2 billion, representing a margin of approximately 28.6%. Net income attributable to Fox shareholders was approximately $691 million, or $1.61 per share, compared with $717 million and $1.57 per share in the comparable period, while adjusted earnings per share increased 41% to $1.79.
The Television segment led the growth mix in Q4 of fiscal year 2026, with revenue rising 45% and adjusted earnings before interest, taxes, depreciation, and amortization increasing 129%, driven by a 108% increase in advertising revenue due to the World Cup, political advertising at the stations, and Tubi growth. In contrast, Cable Network Programming segment revenue increased 9%, but adjusted earnings before interest, taxes, depreciation, and amortization declined 3%, as a 20% increase in expenses related to sports rights and World Cup production exceeded revenue growth.
The average analyst price target is $81.33, within a range of $71 to $93, compared with a 52-week range of $44.08 to $68.175; even the lowest target is above the top of this range. However, the “Neutral” consensus and the breadth of the target range reflect caution regarding the sustainability of World Cup-driven growth, declining cable subscribers, and execution risks related to the Roku transaction, so a re-rating depends on continued growth in Tubi, FOX One, and advertising without comparable pressure from rights costs.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
Total revenue increased 28% to $4.2 billion, and adjusted earnings before interest, taxes, depreciation, and amortization rose 27% to $1.2 billion. The largest driver was a 78% increase in advertising revenue due to the broadcast of the 2026 Men's World Cup, Tubi's growth, and advertising trends across Fox's portfolio. Adjusted earnings per share also increased 41% to $1.79, exceeding the $1.34 expectation included in the August 6, 2026 data.
In Q4 of fiscal year 2026, Tubi recorded the highest quarterly revenue and viewership in its history, with revenue growth of 35% and a 17% increase in viewing time. The platform ended fiscal year 2026 with 110 million monthly active users, and its World Cup hub attracted more than 20 million viewers. Tubi was also profitable on an adjusted earnings before interest, taxes, depreciation, and amortization basis in every quarter of fiscal year 2026, while management explained that World Cup revenue represented a relatively small portion of its overall growth.
Management said on the August 6, 2026 call that FOX One exceeded expectations and made a meaningful positive contribution to distribution revenue. Company data showed that the service's subscribers are incremental and come from outside the traditional video distributor ecosystem, with minimal substitution of the pay-TV business. Churn was also well below management's expectations, and this trend continued in Q1 of fiscal year 2027.
Automated analysis for informational purposes only — not investment advice.
The World Cup supported 78% advertising revenue growth in Q4 of fiscal year 2026, boosted subscriber acquisition for FOX One, and helped Tubi record two of the highest-traffic days in its history. The tournament's contribution will extend into Q1 of fiscal year 2027, but management explained that its total revenue is weighted more toward fiscal year 2026. The event therefore represents a powerful but nonrecurring catalyst, and the growth rates from Q4 of fiscal year 2026 should not be automatically extrapolated to subsequent periods.
Fox expects to close its pending acquisition of Roku in the first half of calendar year 2027, with the transaction remaining in the early approval stage according to the August 6, 2026 call. The transaction aims to combine Fox's live content with Roku's open platform and its scale in connected-TV distribution, advertising, and subscriptions. Management expects net leverage to be approximately 2.8 times at closing, with the share repurchase program continuing during and after the transaction's pending period.
Fox ended Q4 of fiscal year 2026 with approximately $4.2 billion of liquidity and $6.6 billion of debt. It repurchased $2 billion of shares during fiscal year 2026 and paid approximately $243 million in dividends, then raised its semiannual dividend to $0.29 per share. Since the repurchase program began in November 2019, cumulative purchases have reached $8.6 billion, equivalent to approximately 36% of total shares outstanding, as part of the $10.7 billion returned to shareholders since the separation.
