Are Wall Street Analysts Bullish on Fox Corporation Stock?

Wall Street analysts remain cautiously optimistic about Fox Corporation's stock (FOX), despite the company's underperformance compared to the broader market. The media and entertainment giant operates in four segments, including Cable Network Programming, Television, Credible, and The FOX Studio Lot, broadcasting through various channels like FOX News, FOX Sports, and the FOX Network.

As of the most recent figures, FOX stock has risen 13.2% over the past 52 weeks but declined 5.1% year-to-date (YTD), while the S&P 500 Index ($SPX) has returned 18.3% and risen 11.8% over the same period.

Following the release of its better-than-expected Q4 2026 earnings, FOX stock surged 6.1% on August 6. This growth was driven by increased distribution revenue from the Cable Network Programming segment and rising advertising revenue due to popular broadcasts such as the FIFA Men's World Cup and the Tubi AVOD service. Analysts expect Fox's adjusted EPS to grow 9% to $5.91 for the year ending in June 2027, surpassing the consensus estimate for the last four quarters.

The overall rating for FOX stock is Moderate Buy, with a consensus from 13 analysts. Of these, seven maintain a Strong Buy rating, five suggest a Hold, and one recommends a Moderate Sell. The stock's mean price target stands at $71.36, indicating a 15.9% premium from the current market price. The Street-high target of $85 suggests a 38% upside potential for FOX stock.