Fox CorporationNasdaq: FOXA
Communication Services · Broadcasting
$63.43
-0.09%
Vol: 1.3M
Research Digest
Friday, May 1, 2026
Fox Corp Q1 beats; achieves Tubi profitability; launches Fox One streaming platform
Fox Corp reported Q1 2026 EPS of $1.51 (beat by 36%) on revenue of $3.74B (beat by 4.76%), driving 4.52% premarket gain. Advertising revenue increased 6% and subscriber declines remained below 7% for third consecutive quarter. Tubi reached profitability for first time. CEO highlighted streaming platform launch and $1.5B accelerated share repurchase program. Consensus Buy with $71.57 PT.
Previous Market Intelligence
13 daysApr 30Fox Corp announces Kalshi prediction-market data integration across FOX platforms on April 9; stock up 3% amid Q3 earnings scheduled for May 11.Positive▶
Fox Corporation announced on April 9 the integration of Kalshi forecasting data across FOX News, FOX Business, FOX Weather, and FOX One streaming platform, providing real-time prediction-market odds and visualizations. Shares jumped 3% on the announcement. The company will present Q3 fiscal 2026 results on May 11 with analysts anticipating $4.59 adjusted EPS. Year-to-date, FOX is down 16% trading at $61.92, 18.6% below its January 2026 high of $76.11. Analysts rate the stock Buy with an average 12-month price target of $71.57, representing 10.5% upside.
Apr 29Fox reports Q1 EPS of $1.51 beating estimates by 36%; revenue of $3.74B with 6% ad growth and subscriber declines under 7%Positive▶
Fox Corp reported Q1 2026 EPS of $1.51, beating estimates by 36.04%, with revenue of $3.74 billion exceeding forecasts by 4.76%. Advertising revenues increased 6% while subscriber declines stayed below 7% for the third consecutive quarter. Company launched Fox One streaming platform and announced $1.5 billion accelerated share repurchase program. Stock rose 1.61% to $63.86.
Apr 16Fox Corp Q1 EPS beat $1.51 vs estimates, advertising revenue +6%; Kalshi integration boosts stock +3%.Positive▶
Fox Corp reported Q1 2026 EPS of $1.51, beating estimates by 36.04%, with revenues of $3.74 billion exceeding forecasts by 4.76%. Advertising revenues increased 6%, while subscriber declines remained below 7% for third consecutive quarter. Stock rose 4.52% pre-market to $63.56. The company launched Fox One streaming platform and announced $1.5 billion accelerated share repurchase program signaling confidence. Fox integrated live prediction-market data from Kalshi across FOX News, FOX Business, FOX Weather, and FOX One platforms, driving 3% gain. Guggenheim raised price target to $85 calling FOX top BUY idea for sports and news leadership. BofA raised target to $80 highlighting strong live content portfolio.
Apr 15Fox Corp announces Kalshi partnership integrating prediction-market data across news platforms, driving 3% stock surge.Positive▶
Fox Corporation announced a major partnership with Kalshi to integrate live prediction-market data across FOX News, FOX Business, FOX Weather, and FOX One. Shares jumped 3% following the announcement. However, the stock remains down 16% year-to-date due to broader market headwinds and NFL media rights negotiations risks flagged by Bank of America.
Apr 14Fox integrates Kalshi prediction market data across platforms to boost engagement and sponsorship opportunities.Positive▶
Fox Corporation announced on April 9 that it will integrate real-time prediction-market data from Kalshi across FOX News, FOX Business, FOX Weather, and FOX One. Stock jumped 3% initially to $61.92. Fox faces headwinds with the stock down 16% year-to-date.
Apr 13Fox Corp Class A stock at all-time high $74.71, up 50.65% YoY; Q1 2026 EPS beat by 36% ($1.51 vs $1.10 est.); launched Fox One streaming platform.Positive▶
Fox Corporation posted exceptional Q1 2026 results: EPS $1.51 beat estimates by 36%, revenue $3.74B exceeded forecasts by 4.76%. Advertising revenues +6%. Launched Fox One streaming platform and announced $1.5B accelerated share repurchase. Guggenheim calls FOX top BUY idea; UBS raised PT to $76; CFRA raised to $73. BofA downgraded citing NFL media rights risks.
Apr 10Fox Jumps 3% on Kalshi Prediction Market Integration PartnershipPositive▶
Fox Corporation announced integration of live prediction-market data from Kalshi across its platforms, driving 3% stock jump.
Apr 9Fox Corporation Posts 2% Revenue Growth as Tubi Streaming Achieves Profitability for First TimeNeutral▶
Fox Corporation reported $5.18 billion in total revenue, up 2% year-over-year, with companywide ad revenue rising 1%. Free streaming platform Tubi reached profitability for the first time, marking a strategic milestone. The company closed at $59.30 per share on April 6, 2026, with one-month return of 1.96% and 52-week gain of 24.97%. Fox operates four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot, navigating a challenging media landscape marked by cord-cutting and declining ad spending.
Apr 8Fox integrating Kalshi prediction-market data with Tubi reaching profitability at 100M monthly users.Positive▶
Fox integrating Kalshi real-time prediction-market data. Tubi reached profitability with 100M monthly active users. Stock rose 1.16% to $59.30.
Apr 7Fox Corp Beats Revenue; Bank of America Downgrade on NFL Media Rights RiskMixed▶
Fox reported $5.18B total revenue (+2% YoY), beating estimates. Ad revenue rose 1%, with strength in FOX News and Tubi. Strong Q2 2025 World Series. Bank of America downgraded due to NFL media rights negotiation risks. 8 of 15 analysts rate Buy with avg PT of $71.57 (22% upside). Recent gain +1.16%.
Apr 6Fox Corp beats Q1 estimates with advertising strength and subscriber resiliencePositive▶
Fox Corporation reported Q1 2026 EPS of $1.51, beating estimates by 36%, with revenues of $3.74 billion exceeding forecasts by 4.76%. Advertising revenues grew 6%, while subscriber declines remained below 7% for the third consecutive quarter. The company launched Fox One streaming platform and announced a $1.5 billion accelerated share repurchase program. Multiple analysts raised price targets post-earnings.
Apr 3No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 2Wells Fargo lowered Fox Corp price target to $67 from $75 amid growth concerns and NFL media rights negotiationsNegative▶
Fox Corporation reported $5.18 billion in Q1 revenue, up 2% YoY, though faces challenges with an 11% stock decline post-earnings. Wells Fargo downgraded the price target on March 27, and Bank of America Securities issued a Sell rating on March 19 due to concerns about NFL media rights negotiations and growth outlook. Tubi reached profitability with 100 million MAU. Despite headwinds, analysts maintain a "Buy" consensus with average target of $71.57, representing 22% upside.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| WBDWARNER | $27.02 | -0.13% | -1.3% | -1545.7x | 1.64 | $67.8B |
| FOXAFOX | $63.43 | -0.09% | +7.1% | 12.3x | 0.51 | $27.0B |
| FOXFOX | $57.02 | +0.00% | +6.6% | 11.5x | 0.51 | $24.3B |
| GOOGLALPHABET | $385.59 | +0.21% | +28.3% | 28.4x | 1.13 | $4.66T |
| GOOGALPHABET | $382.99 | +0.27% | +28.3% | 28.2x | 1.13 | $4.62T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.