On February 25, 2026, Fox Corporation (ticker: FOX) received a downgrade to “Underperform” from analyst Jessica Reif Ehrlich at Bank of America Securities. This shift in rating comes at a time when investors are grappling with a rapidly changing market landscape and seeks to re-evaluate the stock lower, with a target price set at $80. For investors already holding FOX shares, this may signal caution as the company’s growth potential appears diminished beneath current market conditions.
Recent Price Action
In recent trading sessions, FOX has demonstrated notable volatility. The stock is currently priced at $49.62, reflecting a weekly decline of approximately 3.58%, down $1.84 from the previous week. Over the last twelve months, FOX has witnessed substantial fluctuations, with a 52-week high of $76.84 and a low of $14.91. The shares averaged a trading volume of 1,522,451 compared to the three-month average of 1,495,155, indicating sustained investor interest. However, its beta of 0.511 suggests less sensitivity to market movements, which may contribute to the lowered rating.
Short- and Long-Term Performance
The performance of FOX over various time frames presents a mixed picture. In the past 30 days, the stock has improved by 3.2%, while quarterly returns for the past 90 days show a more impressive 25.53% increase. On a yearly basis, FOX’s shares have appreciated by 41.79%, outperforming many industry benchmarks and reflecting broader investor confidence earlier in the year. That said, the weekly volatility stands at 1.7%, and monthly volatility is slightly higher at 1.75%, suggesting that investors are encountering increased uncertainty as they navigate FOX’s market presence.
Earnings Analysis
In its latest earnings report, Fox Corporation outperformed expectations with an actual earnings per share (EPS) of $1.32, significantly surpassing the estimate of $1.01—resulting in a surprise factor of approximately 30.69%. This is an improvement from the preceding quarter, where the company reported EPS of $1.27 against an estimate of $0.995, leading to a surprise of 27.64%. Such positive discrepancies indicate that Fox’s earnings quality may be more robust than anticipated, at least in the short term; however, continuous downgrades from analysts could affect future expectations.
Analyst / Consensus View
Currently, Fox Corporation holds a consensus rating of “Underperform,” with a solitary rating from B of A Securities. There are no Buy or Hold recommendations, and the lone Sell rating comes with a price target that has remained consistent at $80. This indicates a lack of bullish sentiment, and with the stock trading at nearly 38% below the target price, investors may be grappling with the potential for further declines. The current consensus reflects general caution among analysts regarding FOX’s long-term outlook.
Stock Grading or Fundamental View
The Stocks Telegraph Grade for Fox Corporation stands at 55, suggesting a moderate assessment of the company’s financial and market health. This score reflects mixed fundamentals—indicating that while there may be some positive aspects to Fox’s operational performance, underlying pressures could be hindering investor confidence. The scoring system underscores the need for potential investors to dig deeper into Fox’s strategic committments and market positioning.
Conclusion
In the current investment landscape, Fox Corporation presents a compelling case for risk-aware investors. With a strong recent earnings performance and substantial market appreciation over the past year, the stock may still attract those looking for a value opportunity or long-term growth prospects. However, with its recent downgrade to “Underperform” and the associated analyst sentiments, prospective buyers should proceed with caution. Investors wary of volatility and declines may wish to reconsider their position in this stock and monitor Fox Corporation’s ongoing performance carefully before making further investment decisions. The looming risks pose questions about FOX’s fundamentals and whether its stock can regain momentum in an increasingly competitive media environment.