Fox Corporation’s stock was trading at $55.43 on September 23rd, with trailing and forward P/E ratios of 11.29 and 13.50 respectively. Tubi, Fox’s free, ad-supported streaming service, saw a 22% increase in viewership share in September 2025, reaching 2.2%. Despite being underappreciated, Tubi’s growth highlights its significance in the competitive streaming market.

Tubi’s consistent engagement and market-leading performance showcase its strategic importance to Fox Corporation. This success in the ad-supported streaming landscape positions Fox well against competitors and offers potential for further audience growth and advertising revenue. Tubi’s performance represents a key competitive advantage for Fox and signals potential upside in the expanding ad-supported streaming sector.

A previous bullish thesis on Madison Square Garden Sports Corp. (MSGS) by Boyar Research and Jonathan Boyar highlighted a valuation gap that could be unlocked through minority sales or spin-offs. While MSGS has appreciated approximately 3.64% since coverage, Simeon McMillan’s perspective on Fox Corporation emphasizes Tubi’s growth, underrecognized viewership gains, and strategic value within Fox’s portfolio.

Read more at Yahoo Finance: Fox Corporation (FOX): A Bull Case Theory