News Corp stock trades just below recent highs as record Q4 lifts earnings momentum
Published on 09/01/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
News Corp Inc. (US65249B1098) stock is trading only slightly below its recent late-August peak, with investors still reacting to record fourth-quarter results reported on August 5, 2026 for the period ended June 30, 2026.
Record Q4 results underpin valuation
Per a detailed earnings overview dated August 5, 2026, News Corp’s revenue in the quarter to June 30, 2026 rose 11 percent to $2,337 million compared with $2,107 million in the same period a year earlier, marking one of the strongest top-line performances in recent years. An income-statement breakdown for the company’s June 30, 2026 quarter shows quarterly sales of $2,337 million versus $2,185 million in the March 31, 2026 quarter, highlighting sequential as well as year-over-year growth.
The same June 30, 2026 income-statement data indicates that gross profit reached $1,346 million for the quarter, up from $1,022 million in the comparable quarter ending June 30, 2025, reflecting a notable improvement in profitability as revenue scaled. Operating line items labeled SG&A, R&D and depreciation and amortization totaled $1,051 million in the June 30, 2026 quarter versus $833 million a year earlier, meaning that operating costs rose but remained more than offset by the revenue increase.
Income after SG&A, R&D and depreciation and amortization expenses came in at $295 million in the quarter to June 30, 2026, compared with $189 million in the year-earlier quarter that ended June 30, 2025, underscoring how higher gross profit was translating into stronger operating earnings. Non-operating income improved as well, with the June 30, 2026 quarter showing a negative $17 million versus a negative $74 million in the June 30, 2025 quarter, easing the drag from below-the-line items.
On a full-year basis, the same earnings dataset reports sales of $9,028 million for the twelve months to June 30, 2026, up from $8,452 million for the twelve months to June 30, 2025, presenting a clear picture of revenue expansion across the fiscal year. Average diluted shares stood at 548.9 million in the latest fiscal year compared with 555.7 million a year earlier, indicating that share count has been modestly reduced, which can support per-share metrics.
Profit metrics and consensus beat
A separate performance review of the June 30, 2026 quarter stresses that News Corp delivered its most profitable fourth quarter on record, with total segment EBITDA rising 31 percent to $423 million versus the prior-year quarter, where total segment EBITDA had been $323 million. This analysis of the record quarter notes that the 31 percent EBITDA increase represents the fastest quarterly profit growth for News Corp in four years.
In the same June 30, 2026 quarter, adjusted earnings per share came in at $0.35, which exceeded a widely cited consensus figure of $0.22 by $0.13, highlighting a material upside surprise relative to analyst expectations for the period. The revenue figure of $2,337 million in that quarter topped a consensus estimate of $2,246 million by $91 million, while the total segment EBITDA of $423 million was $50 million ahead of an estimate of $373 million, showing that News Corp outperformed expectations across revenue, EBITDA and EPS.
Another report summarizing the June 30, 2026 quarter refers to an earnings-per-share print of $0.33 for the period and an 10.81 percent increase in revenue to $2.34 billion versus $2.11 billion in the prior-year quarter ending June 30, 2025. This German-language market report also points out that the June 30, 2026 quarter’s figures were presented on August 5, 2026 and that analysts expect News Corp to post a full-year earnings-per-share figure of $1.32 in the next fiscal year.
The difference between the quoted adjusted EPS figure of $0.35 and the $0.33 figure stands out, suggesting that one datapoint refers to a fully adjusted metric while the other may capture a different earnings definition. For investors, the more important takeaway is that both sets of numbers portray a fourth quarter with earnings several multiples above the prior-year quarter’s $0.05 per share, indicating that News Corp has sharply improved its profitability profile over the past year.
Looking across the year to June 30, 2026, the combination of double-digit revenue growth, a 31 percent increase in segment EBITDA and a significant beat versus consensus estimates signals that News Corp’s core business segments are generating improved margins and that the company is executing effectively on its strategy to grow digital subscriptions and advertising, even against a mixed macroeconomic backdrop for media and information services.
Stock performance and technical picture
On the market side, News Corp stock has traded in a relatively tight band around the low-$30 level in recent sessions. A prior snapshot from August 28, 2026 showed the shares closing at $30.97, with that level described as less than $1 below the 52-week high of $31.66 and well above a 52-week low of $22.20 earlier in the year. An earlier corporate-news summary highlighted that this price placed News Corp stock close to the top of its recent range, reflecting the market’s positive response to the company’s profit trajectory.
More recent intraday trading data for August 31, 2026 show that News Corp shares moved lower, with the stock quoted at $30.74 at 8:26 p.m. local trading time on Nasdaq, down 0.7 percent on the day and having traded down to an intraday low of $30.72 after opening the session at $30.88. These figures underline that while the shares have eased fractionally from their late-August peak, they continue to sit within a dollar of the 52-week high, reinforcing the idea that the market is still pricing in the company’s earnings strength.
Quote data compiled as of August 31, 2026, 4:00 p.m. ET also lists a closing price of $30.71 for News Corp, with a decline of $0.26 or 0.84 percent compared with the previous close and an after-hours indication of $30.70 at 7:58 p.m. ET, showing only a marginal adjustment outside regular trading hours. Daily trading volume for that session was recorded at 5,091,839 shares, a level that suggests adequate liquidity and investor interest in the stock at current prices.
A separate technical-analysis overview for News Corp’s Class B common stock, which shares the same fundamental earnings backdrop, lists a price level of 34.41 USD with signals updated on September 1, 2026 at 3:17 a.m. UTC. While the Class B share price differs from the Class A listing in absolute terms, both series reflect a broadly constructive technical picture that has developed as the company’s earnings have strengthened under the June 30, 2026 reporting period.
For investors following chart levels, the combination of a recent close at $30.71 for the primary listing, a late-August high at $31.66 and a 52-week low of $22.20 indicates that News Corp stock currently trades closer to its upper band than its lower band, with the latest quarter’s earnings helping to support the valuation. That spread between the 52-week high and low, at $9.46, offers a sense of the stock’s realized trading range over the past year.
Earnings outlook and upcoming catalysts
Looking ahead, guidance signals suggest that News Corp’s next major earnings-related catalyst will come when it reports results for the first quarter of fiscal 2027, covering the period ending September 30, 2026. Recent market commentary expects the company to release these figures on November 5, 2026, a date that would fall within the typical reporting cadence following its August 5, 2026 fourth-quarter announcement.
The same outlook commentary also notes that market participants are modeling a full fiscal-year earnings-per-share figure of $1.32 for News Corp in the 2027 fiscal year, based on the momentum evident in the June 30, 2026 quarter’s double-digit revenue growth and 31 percent EBITDA expansion. If the company were to deliver that level of earnings, it would represent a meaningful step up from the prior year and could justify the current valuation band near the upper end of the 52-week price range.
Consensus expectations for the upcoming quarters thus continue to reflect confidence in News Corp’s ability to leverage its digital subscriptions, professional information services and advertising platforms to drive profitability. With average shares outstanding trending down from 555.7 million in the year to June 30, 2025 to 548.9 million in the year to June 30, 2026, any further share repurchases could provide an additional tailwind to per-share figures in future reporting periods.
Investors will also pay attention to how News Corp manages non-operating items and interest costs, which in the latest quarter were relatively benign compared with the prior year’s more substantial non-operating losses. The improvement from a negative $74 million non-operating income figure in the quarter to June 30, 2025 to a negative $17 million in the quarter to June 30, 2026 suggests that below-the-line impacts are becoming less of a headwind, which is constructive for net income trends.
Digital subscriptions as a key product driver
Beyond the headline financial metrics, one representative product area that has been central to News Corp’s strategy is its portfolio of digital news and information subscription services. Across its leading mastheads and professional information offerings, the company has been working to migrate readers and clients to subscription-based access, generating recurring revenue that can smooth out the volatility of advertising-driven income.
In practice, these digital subscription products often combine breaking news, deep-dive analysis and specialized data services into tiered offerings that are marketed to both individual consumers and corporate clients. The recurring nature of subscription billing helps build a more predictable revenue base, which can support longer-term investments in content, technology and data analytics that enhance the value proposition for subscribers.
As News Corp’s June 30, 2026 results show, stronger profitability has gone hand in hand with the evolution of its digital products and the growth of its information services segments. While the reported figures do not break down subscription revenue in detail in the sources cited, the overall expansion in revenue and EBITDA suggests that these products are contributing meaningfully to the company’s financial performance and may continue to be a focus area for management in upcoming quarters.
Stock level and investor takeaways
As of August 31, 2026, 4:00 p.m. ET, News Corp stock closed at $30.71 USD on its primary Nasdaq listing, with an after-hours indication of $30.70 at 7:58 p.m. ET, placing the shares slightly below their August 28, 2026 close of $30.97 and within one dollar of the 52-week high of $31.66. This price range, combined with the recent record fourth quarter to June 30, 2026, underscores how the market is still valuing News Corp on the strength of its improved earnings trajectory and the potential for further profit gains in fiscal 2027.
Fact box
Company: News Corp Inc.
ISIN: US65249B1098
Ticker: NWSA
Exchange: Nasdaq
Price (as of August 31, 2026, 4:00 p.m. ET): $30.71 USD
Market cap: $16.8 billion (as of August 31, 2026)
Sector / Industry: Media and information services
Index membership: S&P 500
