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FOXA
Communication Services · BroadcastingFOX CORP CLASS A
$59.11
+1.89%
AI Research
Earnings beat offset by BofA downgrade → Stock down 11% on NFL media rights concerns
NegativeBuyPT $71.76
Fox Corp Class A stock is trading at $57.74 and faces significant headwinds following an 11% share price decline despite beating earnings estimates. Bank of America downgraded the stock citing risks from NFL media rights negotiations, while the average 12-month price target sits at $71.76 with 8 analysts recommending buying and 1 suggesting selling. Challenges include growth concerns and ongoing negotiations around sports media rights that could impact future revenues.
Key Stats
Market Cap$24.5B
P/E (TTM)13.8
Fwd P/E11.2
Beta0.54
Div Yield97.00%
Prev Close$58.01
52-Week Range
$46.42$59.11$76.39