Fox stock outperforms Nasdaq, surging YTD and past year, indicating bullish trend

From Yahoo Finance: 2025-06-23 06:17:00

Fox Corporation, a large-cap stock with a market cap of $22.8 billion, operates as a news, sports, and entertainment company in the US. The stock is currently trading 7.8% below its all-time high, with a 2.7% gain in the past three months, underperforming Nasdaq Composite.

Despite underperforming Nasdaq in the short term, Fox has surged 10.9% YTD and 59% in the past year, outperforming the market. The stock has been trading above its 200-day and 50-day moving averages, indicating a bullish trend and potential for growth.

Following better-than-expected Q3 earnings, Fox’s stock rose 4.3%. Total revenues increased 26.8% YoY to $4.4 billion, driven by growth in affiliate fee, advertising, and other revenue components. Adjusted EBITDA decreased 3.9% to $856 million, with adjusted earnings surpassing consensus estimates by 14.6%.

News Corporation, Fox’s rival, has gained 2.9% in 2025 and 5.4% over the past year, underperforming Fox. Analyst consensus on Fox stock is a “Moderate Buy,” with a mean price target of $54.92, suggesting an 8.2% upside potential from current levels.

Read more: Is Fox Stock Outperforming the Nasdaq?