News Corporation (NWS)

NASDAQ: NWS · IEX Real-Time Price · USD
28.42
+0.27 (0.96%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.96%
Market Cap 14.96B
Revenue (ttm) 9.94B
Net Income (ttm) 208.00M
Shares Out 525.57M
EPS (ttm) 0.36
PE Ratio 78.94
Forward PE 37.52
Dividend $0.20 (0.70%)
Ex-Dividend Date Mar 12, 2024
Volume 519,466
Open 28.27
Previous Close 28.15
Day's Range 28.03 - 28.46
52-Week Range 19.20 - 28.92
Beta 1.38
Analysts Strong Buy
Price Target 29.50 (+3.8%)
Earnings Date Aug 8, 2024

About NWS

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various... [Read more]

Industry Entertainment
CEO Robert J. Thomson
Employees 25,000
Stock Exchange NASDAQ
Ticker Symbol NWS
Full Company Profile

Financial Performance

In 2023, NWS's revenue was $9.88 billion, a decrease of -4.87% compared to the previous year's $10.39 billion. Earnings were $149.00 million, a decrease of -76.08%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NWS stock is "Strong Buy." The 12-month stock price forecast is $29.5, which is an increase of 3.80% from the latest price.

Price Target
$29.5
(3.80% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LSEG and Dow Jones Announce a Multi-year Data, News and Analytics Partnership

LSEG's flagship digital platform experience, Workspace, enhanced with integrated news and commentary from Dow Jones's leading news brands, LSEG Workspace will also be deployed across Dow Jones newsroo...

11 hours ago - PRNewsWire

Australia should force Meta to pay for news, News Corp executive says

Australia should force Meta Platforms to pay news companies for content that appears on Facebook and impose broader regulation on social media firms, a senior News Corp executive said.

Other symbols: META
27 days ago - Reuters

What News Corp's Deal With OpenAI Says About Future of Publishing, AI

A deal announced Wednesday between ChatGPT maker OpenAI and News Corp (NWSA) could have wide-ranging implications across the media industry.

Other symbols: MSFT
5 weeks ago - Investopedia

OpenAI's News Corp Partnership May Hint at Super-App Ambitions

In a move that could have far-reaching implications for the future of news and information, artificial intelligence (AI) company OpenAI and media giant News Corp announced a multi-year global partners...

Other symbols: MSFT
5 weeks ago - PYMNTS

News Corp. shares climb on OpenAI licensing pact

News Corp. shares traded higher on Thursday after the media conglomerate inked a content deal with artificial-intelligence leader OpenAI.

Other symbols: MSFT
5 weeks ago - Market Watch

OpenAI partners with Wall Street Journal publisher News Corp.

There remains a vast repository of content from WSJ and other outlets that will significantly enrich OpenAI's generative AI products.

Other symbols: MSFT
5 weeks ago - VentureBeat

OpenAI Inks Content Deal With News Corp

OpenAI has signed a deal with News Corp, a media conglomerate, that will give the artificial intelligence (AI) company access to content from many news organizations.

Other symbols: MSFT
5 weeks ago - PYMNTS

News Corp, OpenAI reach landmark content licensing deal

“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” News Corp. CEO Robert Thomson said in a statement.

Other symbols: MSFT
5 weeks ago - New York Post

OpenAI and Wall Street Journal owner News Corp sign content deal

Deal lets ChatGPT maker use all articles from Wall Street Journal, New York Post, Times and Sunday Times for AI model development

Other symbols: MSFT
5 weeks ago - The Guardian

News Corp. And OpenAI Announce Content Deal

News Corp. and OpenAI have reached an multi-year agreement to provide content for use in artificial intelligence. The deal is the latest that OpenAI has reached with news publishers, even as it defend...

Other symbols: MSFT
5 weeks ago - Deadline

NewsCorp and OpenAI strike 'multi-year partnership' deal to use journalistic content to improve ChatGPT

OpenAI and News Corp on Wednesday announced a "multi-year global partnership" that will allow OpenAI to access current and archived articles from News Corp's outlets — including The Wall Street Journa...

Other symbols: MSFT
5 weeks ago - CNBC

Sam Altman's OpenAI signs content agreement with News Corp

Sam Altman-led OpenAI has signed a deal to bring News Corp's news content to the artificial intelligence platform, the companies said on Wednesday.

Other symbols: MSFT
5 weeks ago - Reuters

OpenAI, Wall Street Journal Owner News Corp Strike Content Deal

The content-licensing pact aims to cash in on a technology that promises to have a profound impact on the news-publishing industry.

Other symbols: MSFT
5 weeks ago - WSJ

News Corp and OpenAI Sign Landmark Multi-Year Global Partnership

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--News Corp and OpenAI today announced a historic, multi-year agreement to bring News Corp news content to OpenAI. Through this partnership, OpenAI has permiss...

Other symbols: MSFT
5 weeks ago - Business Wire

News Corp misses quarterly revenue estimates

Media conglomerate News Corp on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book publishing bus...

7 weeks ago - Reuters

News Corporation Reports Third Quarter Results for Fiscal 2024

NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2024. Commenting o...

7 weeks ago - Business Wire

With The Stock Flat This Year, Will Q3 Results Drive News Corp's Stock Higher?

[Note: News Corp Fiscal Year Ends in June]

7 weeks ago - Forbes

News Corp Denies Reported AI Content Licensing Deal with Google

News Corp has denied a report that it has struck a deal with Google to develop content and products related to artificial intelligence (AI).

Other symbols: GOOGGOOGL
2 months ago - PYMNTS

Google to pay up to $6 mln to News Corp for new AI-content, The Information reports

Alphabet's Google has agreed to pay News Corp , the owner of Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content, the Information reported on Tuesday.

Other symbols: GOOGGOOGL
2 months ago - Reuters

News Corp to Report Fiscal 2024 Third Quarter Earnings

NEW YORK--(BUSINESS WIRE)--News Corp will release its third quarter Fiscal 2024 results on Wednesday, May 8, 2024. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio w...

2 months ago - Business Wire

Dow Jones Smart Money, a Collection of Free-to-Read Personal Finance Content, Launches Today

The site is part of a broader focus on financial literacy at Dow Jones that aims to empower readers who want to sharpen their financial acumen.   NEW YORK , April 15, 2024 /PRNewswire/ -- Dow Jones to...

2 months ago - PRNewsWire

Dow Jones Risk & Compliance Deploys Generative AI to Transform Due Diligence

Combining trusted data and cutting-edge NLP and GenAI technologies, Dow Jones Integrity Check will reshape risk management workflows NEW YORK , April 9, 2024 /PRNewswire/ -- Dow Jones Risk & Complianc...

3 months ago - PRNewsWire

OPIS Launches Inaugural Asia-Pacific Carbon Report

New report offers daily price transparency in Australia, China, New Zealand and South Korea SINGAPORE , March 25, 2024 /PRNewswire/ -- OPIS, a Dow Jones company and a leading provider of environmental...

3 months ago - PRNewsWire

News Corp eyes joint Telegraph bid with Daily Mail, Jeff Zucker's RedBird: report

A joint bid by the three would result in a smaller stake for Jeff Zucker's Redbird IMI, according to the report.

4 months ago - New York Post

Murdoch's News Corp eyes joint Telegraph bid with rivals, Bloomberg News reports

Rupert Murdoch's News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph alongside the UAE-backed investment fund RedBird IMI, Bloomberg News report...

4 months ago - Reuters