Intel stock spikes after report of possible US government stake
Fox Corp Class A stock has reached an all-time high, hitting 58.76 USD. The media giant, with a market capitalization of $26.18 billion, demonstrates strong fundamentals with a perfect Piotroski Score of 9 according to InvestingPro data. This milestone reflects a significant upward trend, as the stock has surged by 50.36% over the past year. Trading at an attractive P/E ratio of 11.6 and showing impressive revenue growth of 16.6%, the increase underscores investor confidence and the company’s robust performance in the media sector. InvestingPro’s Fair Value analysis suggests the stock remains slightly undervalued despite recent gains. The stock’s remarkable growth trajectory over the last 12 months has been driven by strategic initiatives and market dynamics that have favored Fox Corp’s business model. This all-time high is a testament to the company’s resilience and its ability to capitalize on emerging opportunities in the industry. Discover more insights about Fox Corp and access comprehensive analysis with a InvestingPro subscription, which includes detailed Pro Research Reports and additional ProTips.
In other recent news, Fox Corporation reported its fourth-quarter fiscal 2025 results, showing a 6% growth in revenue. The company achieved adjusted earnings per share of $1.27, significantly surpassing analyst expectations of $0.99. Fox’s revenue reached $3.29 billion, exceeding the consensus forecast of $3.12 billion. This increase in revenue was driven by a 7% growth in advertising revenues, largely due to the digital expansion of the Tubi AVOD service and improved news ratings and pricing. Additionally, affiliate fee revenues saw a 3% increase, with the Television segment growing by 4% and the Cable Network Programming segment by 2%.
In other developments, ESPN and Fox Corporation announced a new bundled streaming package. Starting October 2, this package will combine ESPN’s direct-to-consumer service with FOX One for $39.99 per month. The bundle aims to provide sports fans with comprehensive access to content, including NFL, NBA, MLB, NHL, college sports, NASCAR, UFC, and upcoming FIFA World Cup coverage.
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