FOXA rises after Fox posts strong fourth-quarter results

Fox Corporation (FOXA) is up 5.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears to be tied to Fox’s fourth-quarter and full-year fiscal 2026 results, which showed much stronger revenue, advertising, and adjusted profit growth than the prior year. Investors also likely responded to the scale of the World Cup-driven advertising lift, continued momentum at Tubi, and signs that shareholder returns remain in place through a higher dividend and ongoing buybacks.

Details:

Fox reported fourth-quarter revenue of $4.21 billion, up 28% year over year, with adjusted EBITDA of $1.20 billion, up 27%.

Advertising revenue jumped 78% in the quarter, driven mainly by the FIFA Men’s World Cup broadcast and continued digital growth led by Tubi.

The television segment was especially strong, with revenue up 45% and segment EBITDA more than doubling from the prior-year quarter.

The board authorized a higher semi-annual dividend of $0.29 per share, and the company still had $3.4 billion remaining under its share repurchase authorization at the end of June.

Sources:

Fox Corporation Investor Relations, SEC, Benzinga

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$FOXA Hedge Fund Activity

We have seen 302 institutional investors add shares of $FOXA stock to their portfolio, and 429 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JERICHO CAPITAL ASSET MANAGEMENT L.P. added 3,711,878 shares (+124.9%) to their portfolio in Q1 2026, for an estimated $216,773,675
STATE STREET CORP added 3,290,395 shares (+20.1%) to their portfolio in Q1 2026, for an estimated $192,159,068
CITADEL ADVISORS LLC removed 1,976,697 shares (-62.2%) from their portfolio in Q1 2026, for an estimated $115,439,104
TWO SIGMA INVESTMENTS, LP removed 1,855,703 shares (-83.9%) from their portfolio in Q1 2026, for an estimated $108,373,055
FMR LLC added 1,752,105 shares (+97.8%) to their portfolio in Q1 2026, for an estimated $102,322,932
INDEPENDENT FRANCHISE PARTNERS LLP removed 1,602,825 shares (-16.4%) from their portfolio in Q1 2026, for an estimated $93,604,980
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. removed 1,433,821 shares (-42.8%) from their portfolio in Q2 2026, for an estimated $74,788,103

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FOXA Congressional Stock Trading

Members of Congress have traded $FOXA stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FOXA stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$FOXA Price Targets

Multiple analysts have issued price targets for $FOXA recently. We have seen 6 analysts offer price targets for $FOXA in the last 6 months, with a median target of $67.5.

Here are some recent targets:

Steven Cahall from Wells Fargo set a target price of $65.0 on 07/06/2026
Peter Supino from Wolfe Research set a target price of $71.0 on 07/01/2026
Kannan Venkateshwar from Barclays set a target price of $60.0 on 06/15/2026
Vijay Jayant from Evercore ISI Group set a target price of $73.0 on 05/12/2026
David Karnovsky from JP Morgan set a target price of $70.0 on 05/12/2026
David Joyce from Seaport Global set a target price of $64.0 on 02/24/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.