BofA Securities upgraded Fox Corporation from Neutral to Buy and set a new price target of $40.00 from $34.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/9/2024 | Buy → Neutral | Seaport Research Partners | |
| 8/16/2024 | $29.00 → $46.00 | Underweight → Overweight | Wells Fargo |
| 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 |
FOX News Digital Continues to Lead All News Brands with Multiplatform Views and Minutes CNN Sees Double-Digit Yearly Declines Across All Key Performance Indicators FOX News Digital finished October delivering year-over-year growth, overtaking CNN with total digital multiplatform unique visitors for the third time this year, according to Comscore. While continuing to lead all news brands with multiplatform views and minutes, FOX News Digital secured 3.9 billion total multiplatform minutes (up 13% over October 2023), 2 billion total multiplatform views (up 9% over last year) and 115.8 million total digital multiplatform unique visitors (up 6% over October 2023).* Comparatively, CNN saw do
The Sixth Annual Event will be Held at Tilles Center on Long Island FOX Nation will host its sixth annual Patriot Awards on Thursday, December 5th at the Tilles Center for Performing Arts in Brookville, New York. Emceed by Long Island native and FOX News Channel (FNC) top-rated primetime host Sean Hannity, The Patriot Awards will be streamed live on FOX Nation beginning at 8 PM/ET. An encore presentation will air on FNC on Sunday, December 8th at 10 PM/ET. Please click here for tickets. In partnership with advertisers Tunnel 2 Towers, Patriot Mobile, Golden Corral and Belfor, the awards show will honor and recognize America's finest patriots, including military veterans, first responder
"Special Report" with Bret Baier Sweeps "CBS Evening News" with Viewers and A25-54 "FOX News Democracy 24" and "The Five" Place as Top Two Programs in All of TV FOX News Channel's (FNC) special coverage of Vice President Kamala Harris' concession speech was number one in television yesterday, delivering 7.9 million viewers and 1.4 million in the 25-54 demo, according to Nielsen Media Research data. Anchored by Bret Baier and Martha MacCallum, the FOX News Democracy 24 special coverage from 4:15-4:45 PM/ET set a record for post-election coverage and commanded 64% of the cable news audience. Comparatively CNN averaged 2.2 million viewers and 555,000 in the 25-54 demo and MSNBC saw 2.3 milli
Seaport Research Partners downgraded Fox Corporation from Buy to Neutral
Wells Fargo upgraded Fox Corporation from Underweight to Overweight and set a new price target of $46.00 from $29.00 previously
Goldman initiated coverage of Fox Corporation with a rating of Buy and set a new price target of $42.00
The Weather Channel App's Ari Sarsalari Also Joins FOX Weather Team FOX Weather, FOX News Media's free ad-supported streaming television "FAST" weather service, has signed Mike Seidel as a meteorologist and storm specialist, announced its president, Sharri Berg. Seidel, who was most recently at The Weather Channel, made his FOX Weather debut over the weekend in Florida covering the start of now Hurricane Debby and continued live coverage through the overnight hours when it made landfall. Additionally, Ari Sarsalari has departed The Weather Channel App to join the FOX Weather team effective today. In making the announcement, Berg said, "We are thrilled to add Mike to our outstanding line
Katherine Moran Meeks has been named General Counsel of FOX News Media, announced Suzanne Scott, its CEO. Meeks will begin her new role on August 19th, while Bernard T. Gugar has stepped down from his position as General Counsel and Executive Vice President of Corporate Development. Meeks will report directly to Scott with further reporting responsibilities to Fox Corporation's Chief Legal and Policy Officer Adam Ciongoli. In making the announcement, Scott said, "We are delighted to welcome Kate to FOX News Media and look forward to her tackling the legal intricacies of the ever-evolving media landscape. We thank Bernard for his incredibly hard work and extensive contributions over the la
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
Walt Disney Co’s (NYSE:DIS) ESPN, Comcast Corp (NASDAQ:CMCSA) owned NBCUniversal, and Amazon.com Inc (NASDAQ:AMZN) have secured an 11-year deal valued at $77 billion to broadcast National Basketball Association games (NBA), the league announced on Wednesday. The NBA rejected a last-minute offer from Warner Bros Discovery’s TNT Sports, ending a four-decade relationship with the media company after next season, Reuters reports. Warner Bros Discovery stock is down Thursday premarket. The new deal is a setback for Warner’s sports division, exacerbating investor concerns about its role in the new sports-streaming partnership with Disney and Fox Corp (NASDAQ:FOX) (NASDAQ:FOXA). Under the
Vice President Kamala Harris is the current frontrunner to be the Democratic Party's nominee in the 2024 presidential election after President Joe Biden withdrew from the race. Harris could set several firsts if she wins the presidency including the first woman president, an item that may have been predicted by "The Simpsons." What Happened: Animated series "The Simpsons," which airs on Fox Corp (NASDAQ:FOX)(NASDAQ:FOXA) network FOX has had years of coincidentally predicting world events. Among the wild predictions are the merger of Walt Disney Co (NYSE:DIS) and Fox, the bailout of Greece, the invention of FaceTime, the introduction of autocorrect, FIFA corruption, the U.S. Men's cu
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
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NEW YORK, Nov. 4, 2024 /PRNewswire/ -- Fox Corporation (NASDAQ:FOXA, FOX, ", FOX", or the ", Company", )) today reported financial results for the three months ended September 30, 2024. The Company reported total quarterly revenues of $3.56 billion, an increase of $357 million or 11% from the amount reported in the prior year quarter. Affiliate fee revenues increased 6%, driven by 10% growth at the Television segment and 3% growth at the Cable Network Programming segment. Advertising revenues increased 11%, primarily due to higher political advertising revenues at the FOX Television Stations, continued growth at Tubi, higher ratings and higher pricing in the direct response marketplace at FO
FOX REPORTS FULL YEAR FISCAL 2024REVENUES OF $13.98 BILLION, NET INCOME OF $1.55 BILLION, ANDADJUSTED EBITDA OF $2.88 BILLION NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (NASDAQ:FOXA, FOX, ", FOX", or the ", Company", ))) today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, including delivering strong total company affiliate revenue growth each quarter from our ongoing renewals, cementing Tubi's position as the most watched free TV and movie streaming service
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
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