FMP
Nov 5, 2024 9:20 PM - Gordon Thompson(Last modified: Nov 6, 2024 8:37 AM)
Image credit: Google Images
Fox Corporation (NASDAQ:FOXA) is a prominent player in the media industry, known for its news, sports, and entertainment content. The company operates through various segments, including cable network programming and television. Fox's competitors include major media companies like Disney and Comcast. Recently, Jason Bazinet from Fox Advisors set a price target of $50 for FOXA, suggesting a potential increase of 14.44% from its current price of $43.69.
Goldman Sachs analyst Michael Ng has given FOXA a Buy rating, highlighting the company's strong performance. This positive outlook is largely due to a significant surge in political ad revenue, which has been a key driver for the company. The growth of Tubi, Fox's streaming service, has also contributed to the optimism surrounding FOXA's future prospects.
Currently, FOXA is priced at $43.60, reflecting a 1.40% increase with a change of $0.60. The stock has shown some volatility today, fluctuating between a low of $42.78 and a high of $43.91. Over the past year, FOXA has experienced a high of $45.82 and a low of $28.29, indicating a wide range of price movements.
Fox Corporation has a market capitalization of approximately $19.25 billion, underscoring its significant presence in the media industry. The trading volume for FOXA today is 7,741,179 shares on the NASDAQ exchange, reflecting active investor interest. As highlighted by the recent analyst ratings and price target, FOXA is positioned for potential growth in the coming months.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...