News Corporation (NWSA)
NASDAQ: NWSA · Real-Time Price · USD
29.54
+0.39 (1.34%)
At close: Nov 21, 2024, 4:00 PM
29.13
-0.41 (-1.39%)
After-hours: Nov 21, 2024, 4:01 PM EST

News Corp Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for News Corp stock have an average target of 36.25, with a low estimate of 29 and a high estimate of 40. The average target predicts an increase of 22.71% from the current stock price of 29.54.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $29 $36.25 $39 $40
Change -1.83% +22.71% +32.02% +35.41%

Analyst Ratings

The average analyst rating for News Corp stock from 5 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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 110112
Buy 334333
Hold 000000
Sell 000000
Strong Sell 000000
Total 444445

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Maintains
$36$40
Strong Buy Maintains $36$40 +35.41% Nov 12, 2024
Loop Capital
Loop Capital
Strong Buy
Maintains
$38$39
Strong Buy Maintains $38$39 +32.02% Sep 10, 2024
JP Morgan
JP Morgan
Buy
Maintains
$34$37
Buy Maintains $34$37 +25.25% Aug 15, 2024
Macquarie
Macquarie
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Feb 8, 2024
JP Morgan
JP Morgan
Buy
Maintains
$28$29
Buy Maintains $28$29 -1.83% Nov 16, 2023
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
9.01B9.36B10.39B9.88B10.09B10.63B11.01B11.36B
Revenue Growth
-10.58%3.89%10.97%-4.87%2.09%5.43%3.55%3.17%
EPS
-2.160.561.050.260.460.881.081.21
EPS Growth
--87.85%-75.38%77.95%90.52%23.79%11.08%
Forward PE
-----33.7127.2324.51
No. Analysts -----10109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
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 2025202620272028
High
9.4%
8.6%
9.7%
Avg
5.4%
3.5%
3.2%
Low
0.2%
-3.3%
-5.6%

EPS Forecast

EPS 2025202620272028
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 2025202620272028
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.