News Corp stock gains support from $1 billion buyback and recent earnings
Published on 09/11/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
News Corp stock (ISIN US65249B2088) is trading close to USD 32.78 on Nasdaq as of September 10, 2026, after the media group underlined shareholder returns with a USD 1 billion share buyback program and reported strong quarterly earnings with double-digit revenue growth.
Buyback program underpins News Corp stock
According to TipRanks on September 10, 2026, News Corp reaffirmed that it is operating a stock repurchase program authorizing the buy-back of up to USD 1 billion of its Nasdaq-listed Class A and Class B common shares, with Goldman Sachs acting as broker and transactions settled in US dollars.
As MarketBeat reports, the repurchase program is focused on the Nasdaq listing, while ASX-listed CHESS Depositary Interests are explicitly excluded, which concentrates the buyback effect on US-traded News Corp stock and may support liquidity and earnings per share over time.
Earnings and fundamentals show double-digit growth
Per Yahoo Finance on September 10, 2026, News Corp recently reported quarterly results with revenue up 11 percent year-on-year and net income increasing by 167 percent in its latest quarter, marking a sharp improvement in profitability compared with the prior-year period.
According to MarketBeat, News Corp generated trailing twelve months earnings per share of USD 1.03, indicating that the recent earnings momentum is feeding through into the bottom line on a per-share basis.
As MarketBeat notes on September 11, 2026, institutional investors such as Engineers Gate Manager LP have recently added to positions in News Corp stock, and the shares carry an average analyst rating of Moderate Buy with an average target price of USD 38.50, which is USD 5.72 above the current level of USD 32.78 and implies upside potential of around 17.4 percent if those targets are reached.
Analyst views and dividend context
According to MarketBeat, News Corp stock is followed by analysts with an average Moderate Buy recommendation, and the reported average target price of USD 38.50 stands 17.4 percent above the recent Nasdaq closing price of USD 32.78 on September 10, 2026, highlighting that the buyback and earnings recovery are reflected in a generally positive sell-side stance.
As MarketBeat further shows, News Corp has scheduled the payment of a dividend for October 7, 2026, with a record date and ex-dividend date on September 9, 2026, meaning investors who held News Corp stock before that September 9, 2026 ex-date secure the upcoming payout as part of the total return profile.
Stock price level and market metrics
Per MarketBeat, News Corp stock closed at USD 32.78 on Nasdaq on September 10, 2026, down 0.30 dollars or 0.91 percent from the previous close of USD 33.08 on September 9, 2026, after having traded at USD 33.28 on September 9, 2026, which represented a 0.62 percent daily gain at that time.
According to MarketBeat, since the buyback-related communication earlier in 2026, News Corp shares have increased by 10.6 percent to USD 32.78, illustrating that the combination of capital return and improved earnings has supported the stock over recent months.
Key data on News Corp stock
- Company: News Corporation
- ISIN: US65249B2088
- Ticker: NWS
- Trading venue: NASDAQ
- Price (as of September 10, 2026, 04:00): 32.78 USD
- Sector / Industry: Communication Services / Media
- Index membership: S&P 500
- Next earnings date: November 5, 2026
