Fox Corporation (FOXA)

Fox Corporation Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Fox Corporation stock have an average target of 33.3, with a low estimate of 28 and a high estimate of 37. The average target predicts an increase of 5.01% from the current stock price of 31.71.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$33.3	$34	$37
Change	-11.70%	+5.01%	+7.22%	+16.68%

Analyst Ratings

The average analyst rating for FOXA stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	4	4	4	1	1	2
Buy	0	0	0	0	0	0
Hold	10	10	11	10	10	8
Sell	2	2	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	16	16	16	12	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Barton Crockett Rosenblatt	Rosenblatt	Hold Maintains $34	Hold	Maintains	$34	+7.22%	Apr 15, 2024
David Joyce Seaport Global	Seaport Global	Hold → Strong Buy Upgrades $37	Hold → Strong Buy	Upgrades	$37	+16.68%	Apr 5, 2024
Jason Bazinet Citigroup	Citigroup	Hold → Strong Buy Upgrades $34 → $35	Hold → Strong Buy	Upgrades	$34 → $35	+10.38%	Feb 23, 2024
Tim Nollen Macquarie	Macquarie	Hold Maintains $29 → $30	Hold	Maintains	$29 → $30	-5.39%	Feb 8, 2024
Steven Cahall Wells Fargo	Wells Fargo	Sell Maintains $30 → $28	Sell	Maintains	$30 → $28	-11.70%	Feb 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.34B

Decreased by -3.84%

from 14.91B

Revenue Next Year

15.45B

Increased by 7.71%

from 14.34B

EPS This Year

3.29

Increased by 41.06%

from 2.33

EPS Next Year

3.87

Increased by 17.87%

from 3.29

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	11.39B	12.30B	12.91B	13.97B	14.91B	14.34B	15.45B	15.01B	15.68B	15.72B
Revenue Growth	12.17%	8.03%	4.93%	8.25%	6.72%	-3.84%	7.71%	-2.86%	4.49%	0.26%
EPS	2.57	1.62	3.61	2.11	2.33	3.29	3.87	3.68	3.44	3.73
EPS Growth	-26.99%	-36.96%	122.84%	-41.55%	10.43%	41.06%	17.87%	-4.93%	-6.67%	8.61%
No. Analysts	-	-	-	-	-	26	26	20	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	15.0B	16.3B	16.3B	16.3B	16.4B
Avg	14.3B	15.4B	15.0B	15.7B	15.7B
Low	13.6B	14.2B	13.6B	14.8B	14.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	0.8%	13.8%	5.7%	8.9%	4.5%
Avg	-3.8%	7.7%	-2.9%	4.5%	0.3%
Low	-8.8%	-0.8%	-11.9%	-1.1%	-4.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.53	4.89	4.36	4.18	3.90
Avg	3.29	3.87	3.68	3.44	3.73
Low	2.85	3.19	2.97	2.61	3.54

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	51.4%	48.9%	12.5%	13.5%	13.3%
Avg	41.1%	17.9%	-4.9%	-6.7%	8.6%
Low	22.4%	-3.0%	-23.4%	-29.2%	2.9%

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.