News Corporation (NWSA)
NASDAQ: NWSA · Real-Time Price · USD
27.32
+0.07 (0.26%)
Nov 1, 2024, 4:00 PM EDT - 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 35, with a low estimate of 29 and a high estimate of 39. The average target predicts an increase of 28.11% from the current stock price of 27.32.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $29 $35 $37 $39
Change +6.15% +28.11% +35.43% +42.75%
* Price targets were last updated on Sep 10, 2024.

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111011
Buy 333433
Hold 000000
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Loop Capital
Loop Capital
Strong Buy
Maintains
$38$39
Strong Buy Maintains $38$39 +42.75% Sep 10, 2024
JP Morgan
JP Morgan
Buy
Maintains
$34$37
Buy Maintains $34$37 +35.43% 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 +6.15% Nov 16, 2023
JP Morgan
JP Morgan
Buy
Maintains
$27$28
Buy Maintains $27$28 +2.49% Aug 21, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
10.61B
from 10.09B
Increased by 5.16%
Revenue Next Year
10.98B
from 10.61B
Increased by 3.54%
EPS This Year
0.87
from 0.46
Increased by 88.81%
EPS Next Year
1.09
from 0.87
Increased by 25.01%
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
9.01B9.36B10.39B9.88B10.09B10.61B10.98B11.32B
Revenue Growth
-10.58%3.89%10.97%-4.87%2.09%5.16%3.54%3.07%
EPS
-2.160.561.050.260.460.871.091.17
EPS Growth
--87.85%-75.38%77.95%88.81%25.01%7.59%
Forward PE
-----31.4625.1623.39
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 11.3B
Low 10.1B 10.3B 10.4B

Revenue Growth

Revenue Growth 2025202620272028
High
9.0%
8.9%
10.0%
Avg
5.2%
3.5%
3.1%
Low
0.2%
-3.0%
-5.4%

EPS Forecast

EPS 2025202620272028
High 1.00 1.32 1.28
Avg 0.87 1.09 1.17
Low 0.76 0.93 1.06

EPS Growth

EPS Growth 2025202620272028
High
116.8%
52.3%
17.6%
Avg
88.8%
25.0%
7.6%
Low
65.3%
7.2%
-2.5%
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.