Fox (FOXA)

• Market cap: $21.8B
• 1 day: -0.60%
• 5 days: -3.13%
• 1 month: -8.56%
• 3 months: -0.06%
• 6 months: 12.68%
• Year to date: -2.08%
• 1 year: 57.49%
• 5 years: 78.46%
• 10 years: 43.49%
• Sector: Communication Services
• Industry: Entertainment

About: Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

Employees: 10,200

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

297% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 36

139% more call options, than puts

Call options by funds: $51.2M | Put options by funds: $21.4M

19% more funds holding

Funds holding: 517 [Q3] → 616 (+99) [Q4]

16% more repeat investments, than reductions

Existing positions increased: 214 | Existing positions reduced: 185

13% more capital invested

Capital invested by funds: $10.2B [Q3] → $11.5B (+$1.28B) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

1.34% less ownership

Funds ownership: 107.96% [Q3] → 106.62% (-1.34%) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $45 6% downside
• Avg. target: $55 15% upside
• High target: $62 29% upside

8 analyst ratings

• positive: 4 50%
• neutral: 3 38%
• negative: 1 13%

Wells Fargo Steven Cahall 44% 1-year accuracy 15 / 34 met price target	21% upside $58	Overweight Maintained	17 Apr 2025
UBS John Hodulik 62% 1-year accuracy 13 / 21 met price target	27% upside $61	Buy Maintained	15 Apr 2025
Barclays Kannan Venkateshwar 74% 1-year accuracy 17 / 23 met price target	6% downside $45	Equal-Weight Maintained	8 Apr 2025
Wolfe Research Peter Supino 14% 1-year accuracy 1 / 7 met price target	0% upside $48	Underperform Downgraded	7 Apr 2025
Loop Capital Alan Gould 43% 1-year accuracy 10 / 23 met price target	29% upside $62	Buy Maintained	1 Apr 2025