Fox Corp Class B stock (US35137L2043): Zacks upgrades to Strong Buy on earnings strength

Zacks Research upgraded Fox Corp Class B to Strong Buy on May 14, 2026, citing earnings momentum. The media broadcaster trades near $66 with a consensus price target of $75.

Fox Corp Class B received a significant analyst upgrade on May 14, 2026, when Zacks Research elevated its rating from Hold to Strong Buy, according to MarketBeat as of May 14, 2026. The upgrade reflects confidence in the company's earnings trajectory and operational performance in the media and broadcasting sector.

As of: May 14, 2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Fox Corporation
• Ticker: FOXA (Class A), FOX (Class B)
• Sector/industry: Media, Broadcasting, Cable News
• Headquarters/country: New York, United States
• Core markets: Television broadcasting, cable news, sports programming, digital distribution
• Home exchange/listing venue: NASDAQ
• Trading currency: USD
• Market capitalization: Approximately $28.3 billion

Fox Corp Class B: core business model

Fox Corporation operates as a diversified media company with primary exposure to television broadcasting, cable news networks, and sports programming. The company generates revenue through advertising, affiliate fees, and content distribution across traditional broadcast television and digital platforms. Fox's portfolio includes flagship news operations and sports broadcasting rights, positioning it as a significant player in US media consumption and advertising markets.

Analyst perspective and rating change

The upgrade by Zacks Research to Strong Buy represents a shift in sentiment regarding Fox's near-term prospects. According to MarketBeat as of May 14, 2026, the analyst community currently holds a Moderate Buy consensus rating with four Buy ratings, one Strong Buy (Zacks), one Hold, and one Sell rating. The consensus price target stands at $75.00, implying upside from recent trading levels near $66.47.

Valuation and earnings outlook

Fox trades at a price-to-earnings ratio of approximately 17.54x based on current market data. Earnings are expected to grow by 13.92% in the coming year, from $4.74 to $5.40 per share, according to MarketBeat as of May 14, 2026. The company maintains a dividend yield of 0.84%, providing income alongside potential capital appreciation for shareholders.

Why Fox Corp matters for US investors

Fox Corporation represents a core holding in the US media sector and offers direct exposure to advertising cycles, sports broadcasting economics, and cable news viewership trends. As a NASDAQ-listed company with substantial market capitalization, Fox is accessible to retail investors through standard brokerage accounts. The company's performance reflects broader trends in traditional media, cord-cutting dynamics, and the shift toward digital content distribution—factors relevant to investors tracking media sector evolution.

Conclusion

Fox Corp Class B's upgrade to Strong Buy by Zacks Research on May 14, 2026, reflects analyst confidence in the company's earnings growth and operational trajectory. With a consensus price target of $75 and expected earnings growth of nearly 14% annually, the stock presents a case study in traditional media valuation amid industry transition. Investors should monitor quarterly earnings reports, advertising trends, and competitive dynamics in streaming and digital media as key drivers of future performance.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.