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Fox Corporation ($FOXA) Stock Forecast: Up 3.6% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Fox Corporation?

FOXA, as part of Fox Corporation, experienced a strong bullish movement today influenced by several market factors. These include:

Why is Fox Corporation going up?

FOXA stock is up 3.6% on Mar 13, 2026 19:00

  • News Corp (Class B) launching a $1 billion share repurchase program, indicating faith in the media industry's value and enhancing investor confidence.
  • A potential antitrust challenge to Nexstar Media Group's purchase of Tegna by a group of U.S. states has potentially favored FOXA indirectly as investors turn to more secure media investments amidst regulatory uncertainties.
  • FOXA's bullish performance may also be linked to the positive market sentiment towards media stocks, driven by the increasing digitalization and streaming trends.

FOXA Price Chart

FOXA Technical Analysis

FOXA News

News Corp (Class B) Accelerates $1B Buyback as Management Signals Confidence in Valuation

News Corp (Class B) has initiated a $1 billion share repurchase program, targeting both Class A and Class B common stock. This aggressive buyback signals management's confidence in the company's intrinsic value amidst the challenges facing the media industry. The strategy aims to return capital to shareholders and improve per-share metrics, reflecting a belief that the stock is undervalued compared to available reinvestment opportunities.

https://www.ad-hoc-news.de/boerse/news/ueberblick/news-corp-class-b-accelerates-1b-buyback-as-management-signals/68669836

0 News Article Image News Corp (Class B) Accelerates $1B Buyback as Management Signals Confidence in Valuation

US States Coalition Reportedly Prepare To Challenge $6.2 Billion Tegna-Nexstar Deal

A coalition of U.S. states, including California, Colorado, and New York, is reportedly preparing to challenge Nexstar Media Group's planned $6.2 billion acquisition of Tegna on antitrust grounds. The states intend to pursue a lawsuit if the deal receives regulatory clearance from the FCC, despite the FCC chairman's endorsement. The deal, announced in November 2025, is scheduled to close in the second half of 2026, and its approval would require the FCC to bypass a statutory limit on TV entity reach.

https://stocktwits.com/news-articles/markets/equity/us-states-coalition-reportedly-prepare-to-challenge-tegna-nexstar-deal/cZdLLWJRI4Q

1 Missing News Article Image US States Coalition Reportedly Prepare To Challenge $6.2 Billion Tegna-Nexstar Deal

Fox Corporation Price History

04.02.2026 - FOXA Stock was up 5.2%

  • Fox Corporation's acquisition of Supercast, a podcast monetization platform, is contributing to investor optimism in the company's growth strategy by diversifying revenue streams beyond traditional broadcasting and advertising.
  • Positive sentiment towards media companies like Fox Corporation, demonstrated by Nexstar Media Group's strong Q4 results and strategic acquisitions, is bolstering the bullish movement in Fox Corporation's stock.
  • The upcoming ex-dividend date for Fox Corporation is attracting investors seeking to benefit from the dividend payout, further boosting the positive momentum in the stock.
  • McDonald's limited-time offer of $1 Egg McMuffins may be enhancing consumer spending sentiment, indirectly benefiting companies like Fox Corporation through potential advertising revenue from increased foot traffic at McDonald's locations.

04.02.2026 - FOXA Stock was up 5.1%

  • FOXA likely experienced a bullish movement today due to positive sentiment in the media sector following another media company’s strong financial performance despite lower revenue.
  • Investors may view this company's ability to generate profit despite challenges in advertising revenue as a positive indicator for the media industry as a whole, including companies like Fox Corporation.
  • The progress made by this company in renewing agreements and pursuing acquisitions could have sparked optimism among investors regarding potential growth opportunities in the sector, leading to increased interest in FOXA stock.

13.02.2026 - FOXA Stock was up 3.6%

  • News Corp (Class B) launching a $1 billion share repurchase program, indicating faith in the media industry's value and enhancing investor confidence.
  • A potential antitrust challenge to Nexstar Media Group's purchase of Tegna by a group of U.S. states has potentially favored FOXA indirectly as investors turn to more secure media investments amidst regulatory uncertainties.
  • FOXA's bullish performance may also be linked to the positive market sentiment towards media stocks, driven by the increasing digitalization and streaming trends.

08.01.2024 - FOXA Stock was down 6.6%

  • FuboTV shares experienced a massive dip of over 22% following the recent announcement regarding the collaboration between Fox Corporation, Walt Disney Company, and Warner Bros. Discovery. This news might have had a negative impact on FOXA's stock.
  • Disney's disappointing top-line and subscriber growth also had an effect on the market sentiment, which could have contributed to the bearish movement of FOXA.
  • The mixed Q2 results and the launch of a sports platform by Fox Corporation might have influenced the market sentiment negatively, leading to the bearish movement of FOXA.
  • The overall market trend, as seen in the S&P 500 nearing 5,000 points, might have also influenced the bearish movement of FOXA.

08.01.2024 - FOXA Stock was down 6.6%

  • Fox Corporation's stock experienced a bearish movement today.
  • The bearish movement could be attributed to the announcement of a new major sports streaming service by ESPN, Fox, and Warner Bros. Discovery. This collaboration poses a threat to FuboTV, a competitor known for its sport-focused livestreaming, and could impact Fox Corporation's streaming offerings.
  • The disappointing top-line and subscriber growth reported by Disney may have also contributed to the bearish movement, as Fox Corporation operates in the same industry and may be affected by overall market sentiment towards media companies.
  • The mixed Q2 results reported by Fox Corporation and the launch of their sports platform could have influenced investor sentiment and contributed to the bearish movement.

07.01.2024 - FOXA Stock was down 6.6%

  • Fox Corporation reported mixed Q2 results and launched a sports platform, which could have had a positive impact on the stock. However, the bearish movement suggests that other factors outweighed these developments.
  • FuboTV, a competitor of Fox Corporation, experienced a significant drop in its stock price after ESPN, Fox, and Warner Bros. Discovery announced a new major sports streaming service. This could have negatively affected Fox Corporation's stock as well, given its involvement in the sports industry.
  • The decline in ad revenue, particularly due to the absence of the FIFA Men's World Cup and lower political advertising revenues, could have contributed to the bearish movement in Fox Corporation's stock.
  • Despite beating earnings and revenue estimates for Q2, the slight increase in shares suggests that the overall market sentiment might have been bearish, impacting Fox Corporation's stock as well.

08.01.2024 - FOXA Stock was down 6.6%

  • Fox Corporation's stock experienced a strong bearish movement today.
  • The bearish movement could be attributed to the announcement of a new sports streaming platform by ESPN, Fox, and Warner Bros. Discovery. This joint venture poses a threat to FuboTV, one of Fox Corporation's competitors in the sports streaming space.
  • The new streaming platform is expected to include offerings from at least 15 networks and all four major professional sports leagues, potentially replicating much of what FuboTV has to offer.
  • The market may be reacting negatively to the potential impact of this new competition on Fox Corporation's sports streaming business.

07.01.2024 - FOXA Stock was down 5.9%

  • FuboTV (FUBO) stock plunged 20% today after ESPN, Fox, and Warner Bros. Discovery announced a new major sports streaming service. This announcement is seen as a negative development for FuboTV, which prides itself on being a platform to stream live sports.
  • The joint venture between ESPN, Fox, and Warner Bros. Discovery is expected to replicate much of what FuboTV has to offer, posing a significant challenge to FuboTV's sports streaming aspirations.
  • The new sports streaming platform, set to launch in the fall, will include offerings from at least 15 networks and all four major professional sports leagues. This one-stop app for sports streaming is likely to attract fans who currently subscribe to multiple services.
  • Fox Corporation's Q2 TV ads market struggled as ad revenue slumped 20%, primarily due to the absence of the FIFA Men's World Cup at FOX Sports and lower political advertising revenues. However, Fox Corp. beat earnings and revenue estimates for Q2, which resulted in shares being slightly up.

26.01.2026 - FOXA Stock was up 5.7%

  • FOXA stock saw a notable uptrend, likely driven by Tubi's outstanding performance, marked by a substantial surge in advertising revenue and total viewing time.
  • The company's position as a direct beneficiary of US ad spending and television consumption behaviors, especially in live sports and cable news, played a role in the stock's positive movement.
  • Despite potential risks like cord-cutting and escalating sports rights expenses, investors are expressing confidence in FOXA's growth prospects, particularly in the ad-based streaming sector.
  • FOXA's optimistic outlook may have been bolstered by the strong quarterly earnings, demonstrating the company's resilience and strategic focus within the media landscape.

06.07.2024 - FOXA Stock was up 5.7%

  • Earnings per share for Fox Corporation exceeded analyst projections at 90 cents, primarily fueled by the growth in affiliate fees and Tubi.
  • Despite a slight miss in revenue forecasts, the strong EPS performance likely fueled the bullish trend in the stock.
  • Investor optimism may have been further bolstered by Jim Cramer's positive outlook on Fox Corporation within the media landscape, attributing potential success to increased viewership and political advertising expenditures ahead of the next presidential election.

12.01.2026 - FOXA Stock was down 5.5%

  • The appointment of Lucas P. Aragón, a Disney veteran, as Senior Vice President, Creative at Fox Corporation, did not have the desired positive impact on the stock price, as shares continue to trade below analyst targets.
  • Despite former President Donald Trump's endorsement of Nexstar Media Group's acquisition of Tegna, which aimed to increase competition in the broadcast television industry, this news did not influence Fox Corporation's stock positively.
  • The sell-off warning on News Corp and VeriSign may have created a ripple effect in the media sector, contributing to the bearish movement in Fox Corporation's stock price.
  • Citigroup's adjustment of the price target for News Corp may have also affected investor sentiment towards other media companies, including Fox Corporation.

06.07.2024 - FOXA Stock was up 5.2%

  • FOXA stock experienced a strong bullish movement. This could be attributed to a recommendation made on a popular finance show, where Fox Corporation was highlighted as a promising player in the media sector leading up to the upcoming presidential election.
  • The anticipation of heightened viewership and political ad spending due to the competitive election race may have bolstered investor confidence in FOXA's growth potential.
  • The strong emphasis on live sports and news programming at Fox might have contributed to the positive market sentiment and upward movement in the stock.
  • Overall, the bullish trend in FOXA appears to be driven by potential revenue growth opportunities stemming from the upcoming election dynamics and the company's strategic position in the media industry.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.