Fox (FOXA) Valuation Check After Strong Multi‑Year Share Price Run

Fox (FOXA) has been quietly rewarding patient investors lately, with shares up about 10% over the past 3 months and roughly 46% over the past year, outpacing many traditional media peers.

See our latest analysis for Fox.

That strength is not a fluke, with a 38.4% year to date share price return and a hefty 3 year total shareholder return of 125.4%. This suggests momentum is firmly building as investors reassess Fox’s earnings resilience and cash generation.

If Fox’s climb has you rethinking where growth and stability might overlap, this could be a good moment to explore fast growing stocks with high insider ownership for other compelling stories on your radar.

But with Fox trading close to analysts’ price targets after a strong multi year run, is the market still underestimating its earnings power, or has the recent rally already priced in the bulk of future growth?

Most Popular Narrative Narrative: 5.2% Undervalued

With Fox last closing at $67.79 against a narrative fair value near $71.53, the story leans slightly bullish and hinges on how live content reshapes earnings.

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.

Curious how a slow top line, slimmer margins, and a richer future earnings multiple can still support a higher value? The narrative’s math might surprise you.

Result: Fair Value of $71.53 (UNDERVALUED)

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

However, slowing linear TV audiences and rising sports rights costs could still erode margins faster than expected, challenging the case for a higher multiple.

Find out about the key risks to this Fox narrative.

Build Your Own Fox Narrative

If you see the story differently, or want to dig into the numbers yourself, you can build a personalized Fox thesis in minutes with 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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