Fox Class A (FOXA)

• Market cap: $25.1B
• 1 day: -0.85%
• 5 days: -0.04%
• 1 month: -0.21%
• 3 months: 12.67%
• 6 months: 10.89%
• Year to date: 14.15%
• 1 year: 47.98%
• 5 years: 116.24%
• 10 years: 40.68%
• Sector: Communication Services
• Industry: Entertainment

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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

327% more call options, than puts

Call options by funds: $160M | Put options by funds: $37.5M

200% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 6 (+4) [Q1 2025]

74% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 72

13% more repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 219

13% more capital invested

Capital invested by funds: $11.5B [Q4 2024] → $13B (+$1.5B) [Q1 2025]

7% more funds holding

Funds holding: 622 [Q4 2024] → 663 (+41) [Q1 2025]

1.31% less ownership

Funds ownership: 106.8% [Q4 2024] → 105.5% (-1.31%) [Q1 2025]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $52 7% downside
• Avg. target: $61 10% upside
• High target: $65 16% upside

7 analyst ratings

• positive: 5 71%
• neutral: 2 29%
• negative: 0 0%

UBS John Hodulik	16% upside $65	Buy Maintained	25 Jun 2025
B of A Securities Jessica Reif Ehrlich	16% upside $65	Buy Maintained	25 Jun 2025
Guggenheim Michael Morris	11% upside $62	Buy Maintained	25 Jun 2025
Wells Fargo Steven Cahall	11% upside $62	Overweight Maintained	13 May 2025
Loop Capital Alan Gould	14% upside $64	Buy Maintained	13 May 2025