Fox Corp. stock holds above $61 as strong Q4 numbers reshape earnings outlook
Published on 08/22/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fox Corp. (ISIN US35137L2043) stock is trading around $61 per share as of August 21, 2026, giving investors a fresh reference point just weeks after the company released its fiscal fourth-quarter 2026 results with revenue of $4.21 billion and net income of $696 million. Per recent market data dated August 21, 2026, the class A FOX shares closed at $61.05, up 0.99% on the day, which puts the latest price modestly above the recent $61.79 close recorded on August 6, 2026 when trading volume reached 8,570,529 shares.
Q4 2026 earnings show double-digit revenue and EBITDA growth
The most recent reporting period for Fox Corp. is fiscal fourth quarter 2026, which the company ended shortly before August 6, 2026 and reported in early August with detailed figures on revenue, net income, and adjusted EBITDA. According to a Q4 2026 release highlighted in a corporate news summary, Fox Corp. delivered revenue of $4.21 billion in the quarter, which represented a sizable increase versus the roughly $3.28 billion revenue level implied by a 28% reported year-over-year growth rate for the same period. In the same quarter, Fox Corp. generated net income of $696 million, showcasing meaningful profitability in its core media operations at a time when advertising markets and distribution negotiations remain challenging across the industry.
Alongside revenue and net income, Fox Corp. reported adjusted EBITDA of $1.20 billion for fiscal fourth quarter 2026, which underscores the company’s ability to convert its top line into operating cash-like earnings before interest, taxes, depreciation, and amortization. Taking the $1.20 billion adjusted EBITDA figure against the $4.21 billion revenue result implies an adjusted EBITDA margin of roughly 28.5% in the quarter, a level that stands out positively compared with many diversified media peers that have reported lower margins in recent periods. For investors, the combination of revenue growth in the high 20% range and a near-30% adjusted EBITDA margin in Q4 2026 provides a clearer picture of Fox Corp.’s current earnings power than older fiscal-year figures, which now serve mainly as historical comparisons.
The Q4 2026 numbers also feed into current analyst models for Fox Corp. shares, with consensus data compiled in a recent analyst overview pointing to an average target price of $75.33 for the stock versus a last close of $68.54. At that last close, the consensus target implies a potential upside of roughly 9.9% from the current price context. The same analyst overview labels the mean recommendation as “OUTPERFORM”, indicating that many covering analysts expect Fox Corp. to deliver returns ahead of the broader market over the coming months based on its latest reported metrics and business trends.
Market pricing, recent closes, and valuation context
On the market side, Fox Corp. stock trades on Nasdaq in the United States under the ticker FOX for the class A shares, with the most recent fully completed session prior to August 22, 2026 showing a close at $61.05 and a day gain of 0.60 points or 0.99%. The same data set shows that the after-hours quote on August 21, 2026 held at $61.05 with no additional change, suggesting that investors largely digested the latest earnings information and analyst revisions within regular trading hours. A separate price history overview for Fox-related securities indicates that earlier in August 2026, Fox Corp. shares closed at $61.79 on August 6, 2026, marking a modestly higher level that helps frame the current trading band around the low $60s.
Consensus information from an analyst and price-target summary page offers further insight into how the recent Q4 2026 numbers are influencing market expectations. The same overview lists a last close price of $68.54 and an average target of $75.33, with the mean opinion coded as “OUTPERFORM”, which effectively signals that most analysts see Fox Corp. as capable of outperforming the market thanks to its earnings profile and strategic positioning. When comparing the $68.54 last close used in the consensus table to the $75.33 target, the implied upside is just under $6.80 per share, or close to 9.9%, which becomes a concrete benchmark for investors who weigh Fox Corp.’s valuation against its growth and profitability.
Dividend policy also plays into the stock’s total return story. Recent dividend information in the same real-time quote context notes that Fox has announced a cash dividend of $0.29 per share with an ex-dividend date set for September 2, 2026. For shareholders who hold Fox Corp. stock on or before the ex-date, the $0.29 payout adds an income element to the Q4 earnings narrative and affects trading behavior as investors position around the dividend distribution. If the current share price is in the low $60s, a $0.29 quarterly dividend translates to a modest annualized yield, but it nonetheless reflects Fox Corp.’s willingness to return cash to shareholders while investing in content and digital initiatives.
Analyst expectations, earnings calendar, and guidance signals
Beyond the reported Q4 2026 figures, earnings expectations and calendar data help complete the picture of Fox Corp.’s near-term fundamentals. A real-time quote and analytics page that aggregates analyst estimates indicates that Fox Corp. is set to report its next quarterly earnings with expectations for $1.34 earnings per share and $3.6 billion in revenue, both labeled as forward-looking consensus numbers that embed a 5.5% year-over-year increase in EPS and a 9.5% gain in revenue compared with the same period a year earlier. These expectations show that analysts currently project continued top-line expansion and moderate earnings growth for Fox Corp. beyond the strong Q4 2026 performance already on the books.
The same source lists an estimated earnings date in late October 2026, which provides a future anchor point for investors who track Fox Corp.’s reporting rhythm. While the specific calendar entry is presented as an estimate rather than a formally confirmed investor-relations date, it nonetheless aligns with Fox Corp.’s historical pattern of reporting quarterly results several weeks after the period end. As such, the combination of recent Q4 2026 metrics and upcoming consensus expectations for revenue and EPS gives investors an evidence-based framework for assessing whether Fox Corp. is likely to sustain or extend its current growth trajectory through fiscal 2027.
Analyst commentary within the same quote and forecast environment notes that despite solid growth in advertising and digital segments, there has been a downward revision in certain EPS estimates and a characterization of the company’s fundamentals as mixed. For investors, this means that while the reported Q4 numbers show strong revenue and EBITDA performance, some forecasters remain cautious about longer-term earnings normalization, possibly due to cyclical advertising trends, competitive pressures in streaming and digital news, or regulatory and political risks touching the broader media landscape. The “OUTPERFORM” consensus rating and the $75.33 average target price therefore coexist with more nuanced discussions of margin sustainability and segment-level volatility.
Fox News and cable networks as core products
One of the most visible products within Fox Corp.’s portfolio is the Fox News Channel, a cable news network that delivers live news, opinion programming, and analysis to a large U.S. audience and serves as a crucial driver of affiliate fees and advertising revenue. Fox News operates within the cable network segment, where recurring carriage fees from pay-TV distributors and targeted advertising around news and opinion shows feed directly into Fox Corp.’s top line and EBITDA figures. In the context of the Q4 2026 earnings results, strong performance in segments such as cable news likely contributed to the $4.21 billion revenue and $1.20 billion adjusted EBITDA totals reported for the quarter.
Fox News also functions as a brand anchor for Fox Corp.’s broader ecosystem, which includes sports channels, broadcast network operations, and digital properties. Viewer engagement across linear television and digital platforms influences advertising pricing and inventory utilization, while negotiations with cable and satellite operators determine the level of affiliate revenue and distribution reach. For investors, the health of key products like Fox News, Fox Sports, and the FOX broadcast network is indirectly reflected in the consolidated revenue and margin figures, with strong ratings or successful sports seasons often translating into improved pricing, more sellable inventory, and tighter cost controls across the content slate.
Stock price context for Fox Corp.
As of the most recent completed trading session on August 21, 2026, Fox Corp. class A shares closed at $61.05 on Nasdaq in U.S. dollars, with the quote data indicating a 0.99% daily gain and stable after-hours trading at the same level. This close sits just below the $61.79 price recorded on August 6, 2026, suggesting that the stock has held within a relatively narrow band in the low $60s through the first part of August despite the release of strong Q4 2026 earnings figures and supportive consensus metrics. For investors, the current price band and the average analyst target of $75.33 combine to define a valuation and expectation framework in which Fox Corp. trades at a discount to consensus while demonstrating solid revenue growth and EBITDA margins in its most recent quarter.
Read more
Further information on Fox Corp. stock, including intraday pricing, historical performance tables, and detailed analyst forecasts, is available on recent market-data and financial-portal pages that compile Fox Corp.’s trading history and consensus estimates in one place.
Fox News Channel as a flagship product
Fox News Channel stands as one of Fox Corp.’s flagship products, combining live news coverage with opinion programming that draws a dedicated viewer base. The channel’s performance in terms of ratings and advertising demand influences Fox Corp.’s overall revenue mix, and its presence in the Q4 2026 numbers helps explain how the company achieved $4.21 billion in quarterly revenue and $1.20 billion in adjusted EBITDA. For shareholders, the continued strength of core products like Fox News Channel, Fox Sports, and the FOX broadcast network will be central to whether the company can meet or exceed consensus expectations for $3.6 billion in revenue and $1.34 EPS in upcoming reporting periods.
Fox Corp. stock price snapshot
Fox Corp. stock closed at $61.05 for its class A shares on Nasdaq as of August 21, 2026, in U.S. dollars, with the prior notable close at $61.79 on August 6, 2026 providing a slightly higher historical reference point. These dated prices, combined with the $75.33 average analyst target, give investors a clear numerical frame to assess potential upside, income via the $0.29 per-share dividend with a September 2, 2026 ex-dividend date, and the relationship between Fox Corp.’s strong Q4 2026 earnings performance and its current market valuation.
Fact box
Company: Fox Corp.
ISIN: US35137L2043
Ticker: FOX
Exchange: Nasdaq
Price (as of August 21, 2026, 4:00 p.m. ET): $61.05 USD
Sector / Industry: Media and entertainment
Index membership: Not specified by the latest sources
