Assessing Fox (FOXA) Valuation After Its Strong 1-Year Share Price Rally

Fox (FOXA) has quietly outpaced many media peers this year, with shares up about 45% year to date and nearly 17% over the past 3 months, prompting fresh questions about what the market is pricing in.

See our latest analysis for Fox.

That strong run has not been a straight line, but with a roughly 9.7% 1 month share price return and a 47.3% 1 year total shareholder return, momentum still looks firmly on Fox’s side.

If this move in Fox has you wondering what else could surprise to the upside, it might be worth exploring fast growing stocks with high insider ownership as your next hunting ground.

With the stock now hovering near analyst targets after a powerful multi year run, investors face a key question: is Fox still undervalued on its fundamentals, or is the market already pricing in the bulk of its future growth?

Most Popular Narrative Narrative: 0.4% Undervalued

With Fox closing at $71.26 against a narrative fair value of about $71.53, the valuation argument now hinges on what drives that small gap.

Fox's significant pricing power and audience share in political and sports programming, demonstrated by record ad sales in the 2024 election cycle and upfront negotiations with double-digit volume and strong pricing growth, support a strong revenue outlook, even as linear TV faces broad industry headwinds.

Read the complete narrative.

Want to see why modest revenue growth, thinner margins, and a richer future earnings multiple still add up to upside? The math behind this fair value may surprise you.

Result: Fair Value of $71.53 (ABOUT RIGHT)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this hinges on Fox keeping live ratings and digital traction, as renewed cord cutting or softer sports cycles could quickly challenge that outlook.

Find out about the key risks to this Fox narrative.

Build Your Own Fox Narrative

If this perspective does not quite match your view, or you would rather dig into the numbers yourself, you can build a custom narrative in just a few minutes: Do it your way

A great starting point for your Fox research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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