Fox Corp Reports Strong Q3 Revenue Performance Amid Advertising Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: Newsfilter
Fox Corp's stock rose by 5.04% as it crossed above the 5-day SMA, reflecting positive investor sentiment following its Q3 2026 financial results.
The company reported third-quarter revenue of $3.99 billion, exceeding analysts' expectations of $3.82 billion, driven by strong advertising sales, particularly in its sports and news divisions. CEO Lachlan Murdoch highlighted that this performance reinforces Fox's leadership in live programming, indicating a recovery in the advertising market. Additionally, the Tubi streaming service continues to show strong performance, becoming a key driver of revenue growth for the company.
This robust revenue performance not only enhances Fox's market share but also strengthens its strategic position in the highly competitive media industry, suggesting potential for future growth.
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Analyst Views on FOXA
Wall Street analysts forecast FOXA stock price to rise
13 Analyst Rating
6 Buy
7 Hold
0 Sell
Moderate Buy
Current: 51.320
Low
63.00
Averages
74.46
High
85.00
Current: 51.320
Low
63.00
Averages
74.46
High
85.00
About FOXA
Fox Corporation produces and distributes news, sports, and entertainment content through its primary domestic brands, including FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations. Its operating segments include Cable Network Programming, Television, Credible and the FOX Studio Lot. Cable Network Programming produces and licenses news and sports content distributed through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors (virtual MVPDs) and other digital platforms. Television produces, acquires, markets and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, approximately 29 full power broadcast television stations, including 11 duopolies, and other digital platforms. The FOX Studio Lot provides television and film production services. Credible is a United States consumer finance marketplace.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Valuation Fluctuations: Netflix's P/E ratio fell to 15 in 2022 but surged to 63 due to increased ad revenue; currently trading at about 25 times earnings, it appears undervalued, yet investor skepticism about its industry role may hinder future stock price gains.
See More
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- Market Share Loss: Fox outbid Netflix for control of Roku, a key streaming platform for Netflix, representing a missed opportunity to enhance its influence in the advertising revival phase.
- Valuation Fluctuations: Netflix's P/E ratio fell to 15 in 2022 but surged to 63 due to increased ad revenue, and while it has since dropped to 25, investor confidence in its competitive role has waned.
- Stock Price Reaction: Following a 10-for-1 stock split on November 14, 2025, Netflix's stock has declined by 31%, indicating reduced investor confidence in its future growth potential, despite having over 325 million subscribers.
See More
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- Roku Stock Fluctuations: Roku's stock price dropped to $137.29 following the announcement, representing a 6% discount to the expected deal price, suggesting investor uncertainty regarding the timeline for deal closure and Fox's stock performance, which could impact Roku's market standing.
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See More
