News Corporation (NWS)
NASDAQ: NWS · Real-Time Price · USD
32.06
-0.05 (-0.16%)
Nov 22, 2024, 4:00 PM EST - Market closed
News Corp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for News Corp stock have an average target of 38.67, with a low estimate of 37 and a high estimate of 40. The average target predicts an increase of 20.62% from the current stock price of 32.06.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for News Corp stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 1 | 1 | 2 |
| Buy | 3 | 3 | 4 | 3 | 3 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $36 → $40 | Strong Buy | Maintains | $36 → $40 | +24.77% | Nov 12, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $38 → $39 | Strong Buy | Maintains | $38 → $39 | +21.65% | Sep 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $34 → $37 | Buy | Maintains | $34 → $37 | +15.41% | Aug 15, 2024 |
| Macquarie | Macquarie | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $28 → $29 | Buy | Maintains | $28 → $29 | -9.54% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
10.63B
from 10.09B
Increased by 5.43%
Revenue Next Year
11.01B
from 10.63B
Increased by 3.55%
EPS This Year
0.88
from 0.46
Increased by 90.52%
EPS Next Year
1.08
from 0.88
Increased by 23.79%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.0B | 11.5B | 12.1B | |
| Avg | 10.6B | 11.0B | 11.4B | |
| Low | 10.1B | 10.3B | 10.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 9.4% | 8.6% | 9.7% | |
| Avg | 5.4% | 3.5% | 3.2% | |
| Low | 0.2% | -3.3% | -5.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.06 | 1.32 | 1.30 | |
| Avg | 0.88 | 1.08 | 1.21 | |
| Low | 0.76 | 0.93 | 1.06 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 130.5% | 51.0% | 20.0% | |
| Avg | 90.5% | 23.8% | 11.1% | |
| Low | 65.3% | 6.2% | -2.4% |
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.