FoxFOXA
About: Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.
Employees: 10,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
117% more call options, than puts
Call options by funds: $72.9M | Put options by funds: $33.5M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
12% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 60
9% more capital invested
Capital invested by funds: $7.84B [Q1] → $8.56B (+$715M) [Q2]
2.9% more ownership
Funds ownership: 104.89% [Q1] → 107.79% (+2.9%) [Q2]
1% more funds holding
Funds holding: 498 [Q1] → 505 (+7) [Q2]
7% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 188
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Barclays Kannan Venkateshwar 71% 1-year accuracy 12 / 17 met price target | 7%downside $39 | Equal-Weight Maintained | 9 Oct 2024 |
Loop Capital Alan Gould 78% 1-year accuracy 7 / 9 met price target | 9%upside $46 | Buy Maintained | 8 Oct 2024 |
B of A Securities Jessica Reif Ehrlich 100% 1-year accuracy 8 / 8 met price target | 19%upside $50 | Buy Maintained | 25 Sept 2024 |
JP Morgan David Karnovsky 67% 1-year accuracy 8 / 12 met price target | 3%downside $41 | Neutral Maintained | 25 Sept 2024 |
Guggenheim Michael Morris 57% 1-year accuracy 8 / 14 met price target | 7%upside $45 | Buy Maintained | 24 Sept 2024 |
Financial journalist opinion
Based on 3 articles about FOXA published over the past 30 days
