Fox stock holds near $69 after Guggenheim reiteration
Published on 08/25/2026 at 17:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fox Corp. (US35137L1052) is trading near $69.21 after Guggenheim reaffirmed a Buy rating on August 25, 2026, while the shares sit below a reported $85 target. The latest quarter, posted on August 6, 2026, brought $4.21 billion in revenue and $1.79 in adjusted EPS, both above expectations.
Rating call and earnings
The rating update gives the stock a clear near-term catalyst. MarketBeat said the consensus view is Hold with an average target of $74.38, which keeps Fox below that level even after the post-earnings move.
The earnings comparison was sharp: revenue of $4.21 billion topped the $3.64 billion estimate, and adjusted EPS of $1.79 beat the $1.44 consensus by $0.35. Revenue also rose 28.1% from the prior year quarter.
What the numbers say
That mix matters for investors because Fox is now pairing a stronger quarterly print with a fresh analyst note. The same snapshot put market capitalization at $29.04 billion and the price-to-earnings ratio at 18.07, two figures that frame how much of the earnings rebound is already reflected in the stock.
A second comparison stands out: the reported $1.79 adjusted EPS was $0.52 above the $1.27 earned in the same quarter a year earlier. Analysts also expect $5.94 in earnings per share for the current fiscal year, which provides a fresh reference point for the stock's valuation debate.
More on Fox Corp.
Fox's broadcast and cable businesses remain the core engine, and the latest quarter showed that advertising and distribution revenue can still move sharply when programming and audience demand line up. The quarter's reported $1.2 billion in EBITDA adds another marker for the current operating backdrop.
Price and market view
As of August 24, 2026, the shares closed at $69.21. That leaves Fox below the $74.38 consensus target and under Guggenheim's $85 view, while the market cap stood at $29.04 billion on the latest snapshot.
Company details
Company: Fox Corp.
ISIN: US35137L1052
Ticker: FOXA
Exchange: Nasdaq
Price (as of August 24, 2026, 4:00 p.m. ET): $69.21 USD
Market cap: $29.04 billion (as of August 25, 2026)
Sector / Industry: Communication Services / Entertainment
Index membership: Nasdaq-100
