Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessFox Corporation (NASDAQ:FOXA) Analyst Sentiments and Future Outlook

Fox Corporation (NASDAQ:FOXA) Analyst Sentiments and Future Outlook

Add to Favorite
Added to Favorite


Analysts have revised the average price target for Fox Corporation (NASDAQ:FOXA) to $39, indicating a conservative outlook compared to the previous quarter’s target of $43.
Despite challenges, such as a decrease in third-party content revenue and inflationary pressures, Fox’s streaming service Tubi shows promising performance.
UBS analysts maintain a ‘Buy’ rating on FOXA, with a price target of $44, suggesting a potential upside of approximately 13.5% from its current share price.

Fox Corporation (NASDAQ:FOXA) is a prominent player in the media industry, known for its news, sports, and entertainment content. The company operates through various segments, including cable network programming and television. Fox’s competitors include major media companies like Disney and Comcast. Recently, FOXA has experienced fluctuations in its consensus price target, reflecting changing analyst sentiments.

Last month, analysts set an average price target of $39 for FOXA, indicating a more conservative outlook. This decrease from the previous quarter’s target of $43 suggests a shift in analyst expectations. Factors such as market conditions and company performance may have influenced this change. As highlighted by Bank of America Securities, analyst Jessica Reif Cohen has set a higher price target of $54, showing some optimism.

In the last year, the average price target for FOXA was $41.21, demonstrating varying levels of optimism among analysts. The recent decrease in the target from last quarter to last month could be due to challenges Fox faces, such as a decrease in third-party content revenue and inflationary pressures. Despite these hurdles, Tubi, Fox’s streaming service, is performing well, offering a positive outlook for investors.

Fox Corporation is set to release its Q1 earnings report soon, with Wall Street anticipating growth in earnings. However, some analysts suggest that Fox may not have the optimal combination of factors for an earnings beat. UBS analysts have maintained a ‘Buy’ rating on FOXA, with a price target of $44, indicating a potential upside of approximately 13.5% from its current share price.

As Fox prepares to release its latest quarterly earnings report, it is expected to benefit from increased political advertising spend. This could positively impact its financial results for the fiscal first quarter of 2025, as anticipated by UBS analysts. Investors should monitor upcoming earnings releases and strategic moves by Fox to gain further insights into the stock’s future performance.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Walmart introduces virtual and AI-powered shopping for web fans, CWEB reports

Walmart (WMT), the leading retailer in North America, has...

Wayfair Inc. (NYSE:W) Q3 2024 Earnings Report Highlights

Wayfair reported an earnings per share (EPS) of -$0.60,...

LyondellBasell Industries N.V. (NYSE:LYB) Faces Financial Challenges Despite Strong Market Presence

LyondellBasell Industries N.V. (NYSE:LYB) reported earnings per share (EPS)...

Brunswick Corporation (NYSE: BC) Faces Market Challenges Despite Strong Product Range

Brunswick Corporation (NYSE:BC) reported third-quarter earnings per share (EPS)...