Fox Corporation (FOXA)
NASDAQ: FOXA · IEX Real-Time Price · USD
36.89
-0.21 (-0.57%)
At close: Jul 19, 2024, 4:00 PM
36.90
+0.01 (0.03%)
Pre-market: Jul 20, 2024, 9:27 AM EDT
Fox Corporation Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Fox Corporation stock have an average target of 35.31, with a low estimate of 28 and a high estimate of 42. The average target predicts a decrease of -4.28% from the current stock price of 36.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FOXA stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 4 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 10 | 10 | 8 | 8 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 11 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $42 | Strong Buy | Maintains | $42 | +13.85% | Jul 1, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $42 | Strong Buy | Initiates | $42 | +13.85% | Jun 25, 2024 |
| Barclays | Barclays | Hold Maintains $33 → $36 | Hold | Maintains | $33 → $36 | -2.41% | May 13, 2024 |
| Macquarie | Macquarie | Hold Maintains $30 → $32 | Hold | Maintains | $30 → $32 | -13.26% | May 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $38 → $39 | Strong Buy | Maintains | $38 → $39 | +5.72% | May 9, 2024 |
Financial Forecast
Revenue This Year
14.27B
from 14.91B
Decreased by -4.33%
Revenue Next Year
15.39B
from 14.27B
Increased by 7.88%
EPS This Year
3.38
from 2.33
Increased by 44.91%
EPS Next Year
3.83
from 3.38
Increased by 13.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.7B | 16.2B | 15.7B | 15.9B | 15.8B |
| Avg | 14.3B | 15.4B | 14.9B | 15.3B | 15.1B |
| Low | 13.7B | 14.4B | 13.8B | 14.4B | 14.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.3% | 13.6% | 1.9% | 7.1% | 3.0% |
| Avg | -4.3% | 7.9% | -3.4% | 2.8% | -1.0% |
| Low | -8.3% | 1.2% | -10.2% | -3.2% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.59 | 4.26 | 4.25 | 4.20 | 3.97 |
| Avg | 3.38 | 3.83 | 3.69 | 3.83 | 3.71 |
| Low | 2.95 | 3.36 | 3.03 | 3.45 | 3.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.1% | 26.3% | 11.0% | 13.8% | 3.8% |
| Avg | 44.9% | 13.4% | -3.7% | 3.7% | -3.1% |
| Low | 26.6% | -0.4% | -20.9% | -6.5% | -10.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.