WallStSmart
FOX

Fox Corp Class B

NASDAQ: FOX · COMMUNICATION SERVICES · ENTERTAINMENT

$56.62
+0.07% today

Updated 2026-04-29

Market cap
$24.09B
P/E ratio
13.58
P/S ratio
1.45x
EPS (TTM)
$4.17
Dividend yield
0.97%
52W range
$44 – $68
Volume
1.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Fox Corp Class B (FOX) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$56.62
Consensus
$49.00
-13.46%
2030 Target
$491.69
+768.40%
DCF
$80.45
+31.08% MoS
23 analysts:
1 Buy0 Hold1 Sell

Management guidance

No specific CEO revenue targets disclosed in available guidance. Management is focused on live sports rights negotiations (NFL renewal), Tubi monetization expansion, and advertising growth. Company reported Q2 FY2026 revenue of $5.18B (+2.0% YoY), positioning for mid-single digit growth trajectory.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$824.77
$19.2B Rev × 20x P/S
Base case (2030)
$491.69
$19.2B Rev × 12x P/S
Bear case (2030)
$327.79
$19.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$14.9B$14.0B$16.3B$16.6B$17.3B$18.0B$18.6B$19.2B
Revenue growth—-6.3%16.6%2.0%4.3%3.7%3.3%3.3%
EPS—$3.42$2.33$4.74$5.24$5.58$5.89$6.22
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$428.25$444.11$459.97$475.83$491.69

Catalysts & risks

Growth catalysts
+ NFL broadcast rights renewal (2026) - critical for advertising revenue and viewership
+ Tubi monetization acceleration and subscriber growth trajectory
+ Ad market recovery post-election cycle (2026-2027) with return to normal spending patterns
+ FIFA World Cup 2026 broadcast rights value and advertising uplift
+ Linear TV stabilization through premium live content and sports programming
Key risks
- Cord-cutting acceleration reducing traditional linear TV viewership and ad inventory value
- NFL rights cost escalation exceeding advertising revenue growth
- Streaming competition intensifying with Netflix, Disney+, Amazon Prime pressure on viewer attention
- Macroeconomic downturn reducing advertising spend across broadcast and cable
- Regulatory uncertainty around media consolidation and ownership limits
- Tubi profitability challenges and inability to achieve sustainable unit economics

Methodology

Fox Corp Class B's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 23 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.