Fox Corporation (FOXA) is listed on NASDAQ and operates in the Entertainment industry (Communication Services sector).
Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional and virtual multi-channel video programming distributors (MVPDs) and other digital platforms, primarily in the U.S. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; Tubi, an advertising-supported video-on-demand service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is focuses on the creation, distribution and monetization of Web3 content. This segment owns and operates 29 b...
| Rating | Analysts |
|---|---|
| Strong Buy | 0 |
| Buy | 23 |
| Hold | 25 |
| Sell | 0 |
| Strong Sell | 0 |
Fox Corporation is a U.S.-based company operating in the news, sports, and entertainment sectors. It functions through three main segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses content for distribution via traditional and digital platforms, including FOX News, FOX Business, FS1, FS2, FOX Sports Racing, FOX Soccer Plus, FOX Deportes, and the Big Ten Network. The Television segment handles the acquisition, production, marketing, and distribution of programming, operating The FOX Network, Tubi, Fox Alternative Entertainment, MyNetworkTV, and Blockchain Creative Labs. The Other segment includes the FOX Studios Lot, offering production and post-production services in Los Angeles. Fox Corporation was incorporated in 2018 and is headquartered in New York.
In its first-quarter earnings report released on October 30, Fox Corporation announced a record-breaking advertising revenue, totaling over $1 billion, marking a 6% increase despite the absence of last year's political revenue. Overall, the company's quarterly revenues rose by $174 million, or 5%, compared to the same period last year, driven by strong performance across its news, sports, entertainment, and Tubi segments. Analyst sentiment towards Fox is positive, with Zacks Investment Research highlighting it as a strong momentum stock and including it in a list of non-tech Nasdaq stocks to buy for 2026. Additionally, there is notable interest from large investors, as reported by FXEmpire, which suggests significant buying activity in Fox shares. On the operational front, Fox's free streaming service, Tubi, reached profitability for the first time this year, boasting 100 million monthly active users and appealing to younger demographics. This development positions Tubi competitively against major streaming platforms. Furthermore, Fox Corporation's CFO, Steve Tomsic, is set to participate in the UBS Global Media and Communications Conference on December 8, indicating ongoing engagement with the investment community.