On February 5, 2026, Wells Fargo analyst Steven Cahall assigned an Equal-Weight rating to Fox Corporation (FOXA), signaling a moderate outlook for the media company. This new rating comes as FOXA’s stock trades at approximately $67.73, suggesting a potential upside to the analyst’s price target of $75. For investors, this rating indicates a balanced perspective, as the stock grapples with recent market fluctuations and investor sentiment.
Recent Price Action
In recent trading sessions, FOXA has exhibited a decline, with shares dropping by $2.25 or roughly 3.32%. The current price of $67.73 finds itself significantly below its 52-week high of approximately $79.07. In contrast, the stock’s 52-week low was $45.91, reflecting a significant range of volatility over the past year. Daily trading volume stood at approximately 1.81 million shares against a three-month average of 3.37 million, illustrating variability in investor engagement. With a market capitalization of approximately $29.3 billion and a beta of 0.52, FOXA appears to display less volatility than the broader market, potentially appealing to conservative investors amid broader economic conditions.
Historical Performance
When examining FOXA’s performance through different time frames, the stock reveals an intriguing trajectory. Over the last 30 days, FOXA registered a modest monthly performance of 1.11%, indicating relative stability in the short term. However, the stock’s quarterly performance is more robust, boasting a gain of 23.92%. Over the past year, FOXA has seen an impressive annual return of 48.92%, reflecting the company’s resilience and ability to capitalize on market opportunities despite the media sector’s inherent challenges. Volatility metrics show a weekly volatility of 1.81% and a monthly volatility of 1.9%, suggesting that while the stock’s returns have been strong, it has still faced periods of noticeable fluctuation.
Earnings Analysis
Fox Corporation recently reported earnings per share (EPS) of $1.32, surpassing analysts’ estimates of $1.10 by an astounding 20%. This positive surprise contributes to a growing narrative of the company’s potential for strong performance, especially given its previous quarter’s actual EPS of $1.27, which exceeded expectations at that time as well. The consistent track record of earnings surprises indicates a degree of predictability that can instill confidence among investors regarding FOXA’s operational stability and financial health.
Analyst Consensus View
The current consensus rating for FOXA reflects a balanced outlook among analysts. As of the latest report, there are a total of 10 ratings—5 categorized as Buy and 5 as Hold, with no Sell ratings assigned. The average price target now stands at $76.60, with a high forecast of $87 and a low of $63. Steven Cahall’s recent Equal-Weight rating suggests a cautious approach, acknowledging both the stock’s potential for further upside and the risks that may accompany market volatility.
Fundamental View: Stocks Telegraph Grading
According to the Stocks Telegraph grading system, FOXA boasts a score of 60, indicative of a moderate yet promising investment profile. This score encapsulates the company’s health based on various financial performance metrics and broader market analysis. While not at the top tier, this rating suggests that FOXA possesses solid fundamentals with room for growth, aligning it with investors interested in stocks that exhibit moderate risk alongside potential rewards.
Conclusion
In summary, Fox Corporation’s (FOXA) recent Equal-Weight rating from Wells Fargo underscores a stable yet cautious approach to investing in the media sector. Investors seeking a blend of potential growth with moderate risk may find FOXA appealing, especially given its strong annual performance and positive earnings surprises. However, it is essential to remain cognizant of market volatility and competitive pressures within the media landscape. As FOXA trades nearly 10% below the recent price target, it may present a compelling opportunity, particularly for those with a longer-term investment horizon willing to weather potential short-term fluctuations.