FOX (NASDAQ:FOX) Sets New 1-Year Low – What’s Next?

22 Jun 2026, 18:00 by Sarita Garza · The Markets Daily

Shares of Fox Corporation (NASDAQ:FOX – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $45.73 and last traded at $45.6410, with a volume of 330413 shares trading hands. The stock had previously closed at $46.95.

Trending Headlines about FOX

Here are the key news stories impacting FOX this week:

Neutral Sentiment: Fox’s strategic direction is in focus after a report on Murdoch’s $23 billion move, which could reshape the company’s media mix and long-term growth strategy. Murdoch’s $23 Billion Bet Could Change Everything for Fox
Neutral Sentiment: Fox News continued to generate attention with extensive coverage of U.S.-Iran negotiations, which may support audience engagement but has no direct near-term earnings impact. US, Iran wrap second day of Switzerland talks after first round yields roadmap for broader deal
Neutral Sentiment: The network also ran multiple political opinion and video segments on Iran, Biden, and UK politics, reinforcing Fox’s strength in news engagement but offering little direct catalyst for earnings. Keir Starmer resigns as British prime minister after devastating Labour revolt and local election losses

Analyst Ratings Changes

Several equities analysts have weighed in on FOX shares. Weiss Ratings reissued a “buy (b-)” rating on shares of FOX in a research report on Friday, May 22nd. Bank of America restated an “underperform” rating and issued a $45.00 price objective (down from $80.00) on shares of FOX in a research report on Wednesday, February 25th. Finally, Zacks Research upgraded FOX from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.00.

Read Our Latest Stock Analysis on FOX

FOX Stock Performance

The stock’s 50-day moving average is $57.00 and its 200-day moving average is $58.19. The stock has a market cap of $18.77 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 1.84 and a beta of 0.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.90 and a quick ratio of 2.65.

FOX (NASDAQ:FOX – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.02 by $0.30. FOX had a net margin of 10.56% and a return on equity of 18.90%. The firm had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Analysts anticipate that Fox Corporation will post 4.76 EPS for the current fiscal year.

Hedge Funds Weigh In On FOX

Several institutional investors have recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. lifted its position in FOX by 336.9% during the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock worth $35,000 after buying an additional 475 shares during the period. Geneos Wealth Management Inc. grew its holdings in FOX by 95.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,442 shares of the company’s stock valued at $76,000 after buying an additional 703 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of FOX during the 4th quarter valued at about $83,000. EverSource Wealth Advisors LLC increased its stake in shares of FOX by 130.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,300 shares of the company’s stock valued at $119,000 after acquiring an additional 1,301 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its holdings in shares of FOX by 143.9% during the 1st quarter. Glenmede Trust Co. NA now owns 2,697 shares of the company’s stock worth $143,000 after acquiring an additional 1,591 shares during the period. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX Company Profile

(Get Free Report)

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.