Fox's Market Cap of $31 Billion Expected to Exceed Newsmax
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
0mins
Should l Buy FOX?
Source: NASDAQ.COM
- Competitive Landscape: Fox Corp's market cap of nearly $31 billion significantly surpasses Newsmax's $1.1 billion, indicating Fox's strong competitive position in conservative news, expected to maintain its lead by the end of the decade.
- Financial Performance: Newsmax reported a net loss of $4.1 million in Q3 2025, while Fox achieved a profit of $690 million in the same quarter, highlighting a significant disparity in profitability that could affect investor confidence.
- Growth Potential: Mirum Pharmaceuticals experienced a 47% year-over-year revenue increase in Q3, contrasting with Newsmax's low single-digit revenue growth, suggesting that Mirum's rapid development in the pharmaceutical market may attract more investor interest.
- Advertising Market Outlook: The Trade Desk, with a market cap of $18.6 billion, is expected to surpass Newsmax in the next five years, demonstrating the strong growth potential of advertising technology companies, which may offer better returns for investors.
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Analyst Views on FOX
About FOX
Fox Corporation produces and distributes news, sports, and entertainment content through its primary domestic brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. 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 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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- Financial Stability: Fox Corporation reported total revenues of $5.18 billion in Q2, a 2% increase year-over-year, and while adjusted EBITDA fell to $692 million compared to the prior year, the company maintained strong financial performance, showcasing effective strategies in cost management and revenue growth.
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- Net Income Performance: Adjusted net income reached $360 million, or 82 cents per share, which, despite a decline from $442 million and 96 cents per share a year earlier, exceeded analysts' expectations of 50 cents, reflecting the company's resilience in profitability.
- Advertising Revenue Boost: Advertising revenue advanced 1.4% to $2.46 billion, primarily driven by higher pricing in sports and news, digital growth from the Tubi AVOD service, and additional MLB postseason games, although offset by lower political advertising revenues.
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See More
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- Ad Revenue Increase: Advertising revenue rose by 1.4% year-over-year, driven by continued digital growth from the Tubi AVOD service and the impact of additional MLB postseason games, reflecting positive progress in the company's digital transformation efforts.
- Net Income Performance: Net income attributable to shareholders was $229 million, or $0.52 per share, lower than last year's $373 million and $0.81 per share; however, adjusted earnings of $0.82 per share exceeded Wall Street's expectation of $0.52, demonstrating resilience in profitability.
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See More
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- Yield Metrics: The forward yield stands at 0.89%, reflecting the company's appeal in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Payment Schedule: The dividend is payable on March 25, with a record date of March 4 and an ex-dividend date also on March 4, providing investors with a clear timeline that aids in financial planning.
- Future Growth Potential: Fox is poised to execute an option to acquire a significant stake in FanDuel by 2026, and despite the associated risks, this strategic move could offer continued growth opportunities, further solidifying its position in the sports betting market.
See More
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- Stable Revenue Growth: The company reported quarterly revenue of $5.18 billion, a 2% year-over-year increase that exceeds market expectations by $150 million, primarily driven by a 5% growth in the Cable Network Programming segment, showcasing the resilience of its core business.
- Adjusted EBITDA Decline: Despite revenue growth, adjusted EBITDA fell to $692 million from $781 million in the prior year, reflecting potential cost pressures that may impact profitability moving forward.
- Dividend Distribution Plan: The company declared a dividend of $0.28 per Class A and Class B share, payable on March 25, 2026, demonstrating a commitment to shareholder returns and enhancing market perceptions of its long-term investment value.
See More
