Date | Price Target | Rating | Analyst |
---|---|---|---|
6/25/2024 | $42.00 | Buy | Goldman |
5/9/2024 | $34.00 → $40.00 | Neutral → Buy | BofA Securities |
4/5/2024 | $37.00 | Neutral → Buy | Seaport Research Partners |
2/23/2024 | $34.00 → $35.00 | Neutral → Buy | Citigroup |
1/4/2024 | Underperform → Peer Perform | Wolfe Research | |
11/3/2023 | $40.00 → $36.00 | Overweight → Neutral | JP Morgan |
10/6/2023 | $32.00 | Mkt Perform | Bernstein |
10/6/2023 | Neutral | Seaport Research Partners |
Correspondent Max Gorden to Join FOX Business Network FOX Weather will begin to simulcast on FOX Business Network (FBN) weekday mornings from 5-6 AM/ET beginning Monday, July 15th with FOX Weather First co-anchored by Britta Merwin and Craig Herrera. Leading into FBN's Mornings with Maria each morning, the live daily simulcast will complement FOX Weather's existing weekend morning simulcast on FBN which has been in place since December 2021. The launch begins at the start of what has been predicted to be an active hurricane season, with Hurricane Beryl recently becoming the most powerful hurricane on record in the months of June and July. Additionally, FOX Weather correspondent Max Go
Verify Beta to Upgrade to a Dedicated Zero-Knowledge Blockchain Built with Polygon CDK NEW YORK, June 18, 2024 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (NASDAQ:FOXA, FOX))) today announced the next phase of development for its open-source protocol for content verification and licensing, Verify. FOX shared that global media brand TIME has come on board as its first external publishing partner, utilizing the Verify protocol as a principal piece of its content licensing and content verification strategy. FOX released Verify on the public Polygon Proof-of-Stake (PoS) network in January 2024 to establish the origin and history of original journalism by cryptographically signing in
‘Unsolved with James Patterson' Now Available on FOX Nation FOX Nation has debuted a new true crime series, Unsolved with James Patterson, announced Lauren Petterson, president of the platform. Hosted by critically acclaimed author James Patterson, the three-part series dropped today. In making the announcement, Petterson said, "For decades, James Patterson has captivated the country with his bestselling titles, and we are thrilled to bring his incredible talents in storytelling and suspense to FOX Nation." Patterson added, "I was totally gripped by these cases. The fact that they are real-life stories– and that we may help bring justice to the victims and their families – is very spe
Trey Gargano Promoted to Executive Vice President Ryan Roelle Elevated to Senior Vice President, National Sales FOX News Media (FNM) has named a new advertising sales leadership team, announced Jeff Collins, president of advertising sales, marketing and brand partnerships for Fox Corporation. Effective immediately, Trey Gargano will serve as executive vice president of ad sales, overseeing all FNM platforms, including FOX News Channel, FOX Business Network, FOX News Digital, FOX News Audio, FOX Weather and FOX Nation. He will replace Collins, who was recently elevated to president of the division for FOX Corporation. Additionally, Ryan Roelle has been promoted to senior vice president o
Parlay bets that combine the outcomes of several games or future championships have grown in popularity in the world of sports betting. A parlay that spans across basketball, golf and soccer could soon turn into nearly a million dollars for one bettor. What Happened: England and Spain entered the Euro 2024 Tournament among the favorites to win the trophy and find themselves meeting in the championship game. England, ranked fourth by FIFA, was the co-favorite at odds of +350 to start the tournament with Spain, ranked eighth by FIFA having the fifth-best pre-tournament odds at +800. A bettor is hoping that it is England’s team which lifts the trophy. The parlay placed with Draft
Canadian rapper Drake is backing his home country with a large bet in the 2024 Copa America tournament. The bet comes with Drake's Team Canada a heavy underdog against Lionel Messi and Argentina. What Happened: No stranger to betting on sports, Drake has placed a $300,000 wager in Bitcoin (CRYPTO: BTC) on Canada to defeat Argentina in the Copa America semifinal Tuesday night. The wager was placed with cryptocurrency betting company Stake, which Drake is partnered with, and calls for Canada to win the match in regulation. Argentina entered the tournament as the number one team in the world and the betting favorite to win the Copa at odds of +175. With Brazil out of the tournament,
Goldman Sachs analyst Michael Ng maintains Fox (NASDAQ:FOXA) with a Buy and maintains $42 price target, Added to Conviction List
Cable network CNN hosted the first 2024 presidential debate and, like Donald Trump, could possibly be seen as a winner from Thursday night's key political event. And while CNN may have won, another media company may have been a bigger winner from the debate. What Happened: Millions of viewers tuned into the first presidential debate, which featured Trump and President Joe Biden in a head-to-head matchup ahead of the 2024 presidential election. CNN, which is a unit of Warner Bros. Discovery (NASDAQ:WBD), hosted the debate and allowed other media companies to simulcast the 90-minute event, which featured two commercial breaks. According to CNN, 47.9 million viewers watched Thursday
NEW YORK, May 8, 2024 /PRNewswire/ -- Fox Corporation (NASDAQ:FOXA, FOX, ", FOX", or the ", Company", ))) today reported financial results for the three months ended March 31, 2024. The Company reported total quarterly revenues of $3.45 billion as compared to the $4.08 billion reported in the prior year quarter. Affiliate fee revenues increased 4%, driven by 9% growth at the Television segment and 1% growth at the Cable Network Programming segment. Advertising revenues were $1.24 billion as compared to the $1.88 billion reported in the prior year quarter, primarily due to the absence of the prior year broadcast of Super Bowl LVII and fewer NFL games at FOX Sports. Other revenues were $274 mi
FOX Nation has acquired exclusive rights to the Matthew McConaughey narrated, hour-long film "Deep in the Heart," announced Lauren Petterson, president of the platform. Available today through the fall, the film is a celebration of the landscape, wildlife and wonder that can only be found in McConaughey's home state of Texas. In commenting on the acquisition, Petterson said, "It's an honor to offer Matthew McConaughey's renowned storytelling to FOX Nation's viewers in this breathtaking film spotlighting all of nature's greatest elements of the Lone Star state." Told through the eyes of species ranging from the blind catfish to the ocelot, the film follows the ever-changing relationship
NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Fox Corporation (NASDAQ:FOXA, FOX, ", FOX", or the ", Company", ))) today reported financial results for the three months ended December 31, 2023. The Company reported total quarterly revenues of $4.23 billion as compared to the $4.61 billion reported in the prior year quarter. Affiliate fee revenues increased 4%, driven by 10% growth at the Television segment. Advertising revenues decreased 20%, primarily due to the absence of the FIFA Men's World Cup ("Men's World Cup") at FOX Sports, lower political advertising revenues at the FOX Television Stations due to the absence of the 2022 midterm elections, and the impact of elevated supply in the direct res
FOX REPORTS FULL YEAR FISCAL 2023 REVENUES OF $14.91 BILLIONNET INCOME OF $1.25 BILLION, ANDADJUSTED EBITDA OF $3.19 BILLION NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Fox Corporation (NASDAQ:FOXA, FOX, ", FOX", or the ", Company", ))) today reported financial results for the three months and twelve months ended June 30, 2023. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2023 showcased the very best of FOX's portfolio while achieving record annual revenue and EBITDA. From the exceptional sports calendar that included Super Bowl LVII and the FIFA Men's World Cup, to the record-breaking political midterm cycle and the impressive growth seen
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National multimedia sports platform OutKick finished June 2024 with strong growth month over month with 5.9 total multiplatform unique visitors, up 7% versus May 2024, and 21 million total multiplatform minutes, up 5% versus the prior month. The platform also saw 23 million total multiplatform views, according to Comscore. Additionally, OutKick in Q2 delivered an average monthly total of 5.6 million multiplatform unique visitors, and a total of 71 million multiplatform views, and 62 million multiplatform minutes. In commenting on the digital performance, Senior Vice President and Managing Editor Gary Schreier said, "OutKick continues to lead the conversation around pressing topics in sp
FOX News Digital Marks 41 Consecutive Quarters as Most Engaged News Brand on Social Media FOX News Digital Leads CNN with Total Digital Multiplatform Unique Visitors FOX News Digital finished the second quarter 2024 leading all news brands with multiplatform views and minutes, according to Comscore. This marked the 13th consecutive quarter FOX News Digital has been number one with multiplatform minutes and the eighth consecutive quarter it has led with multiplatform views. FOX News Digital closed out the second quarter reaching 9.2 billion total multiplatform minutes, 4.8 billion multiplatform views, and an average of 104 million monthly total digital multiplatform unique visitors.* The
Correspondent Max Gorden to Join FOX Business Network FOX Weather will begin to simulcast on FOX Business Network (FBN) weekday mornings from 5-6 AM/ET beginning Monday, July 15th with FOX Weather First co-anchored by Britta Merwin and Craig Herrera. Leading into FBN's Mornings with Maria each morning, the live daily simulcast will complement FOX Weather's existing weekend morning simulcast on FBN which has been in place since December 2021. The launch begins at the start of what has been predicted to be an active hurricane season, with Hurricane Beryl recently becoming the most powerful hurricane on record in the months of June and July. Additionally, FOX Weather correspondent Max Go
Series to Cover Critical Issues Driving the Election Cycle with a New Episode Dropping Every Thursday in Run Up to 2024 Presidential Election FOX Nation will debut a new weekly series entitled "Here's the Deal with Kellyanne Conway" on Thursday, July 11th. With a new episode dropping each week through the presidential election in November, FOX News Channel (FNC) contributor and former White House senior counselor Kellyanne Conway will provide an in-depth look into the major topics driving the election cycle, including predictions for 2024, the role of Independents in the election and the top issues impacting the ballot, including inflation, immigration, and abortion. In making the annou
Goldman initiated coverage of Fox Corporation with a rating of Buy and set a new price target of $42.00
BofA Securities upgraded Fox Corporation from Neutral to Buy and set a new price target of $40.00 from $34.00 previously
Seaport Research Partners upgraded Fox Corporation from Neutral to Buy and set a new price target of $37.00
Citigroup upgraded Fox Corporation from Neutral to Buy and set a new price target of $35.00 from $34.00 previously