FOX Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Fox Corp is not a good buy for a beginner, long-term investor at this time. The stock is currently in a downtrend with weak financial performance, no significant positive catalysts, and no strong trading signals. It is better to wait for improved financials or a reversal in technical indicators before considering an investment.
The stock is in a strong downtrend with a regular market change of -7.32%. The MACD is negative and expanding, indicating bearish momentum. RSI is extremely oversold at 8.156, suggesting the stock may be due for a short-term bounce but remains weak overall. Moving averages are converging, showing no clear trend reversal. Key support levels are at S1: 53.088 and S2: 49.638, with the stock trading near these levels.
The company’s revenue increased by 2.05% YoY in the latest quarter, and the stock has a 70% chance of gaining 5.78% in the next week and 9.58% in the next month based on historical patterns.
Net income dropped significantly by -38.61% YoY, EPS fell by -35.80% YoY, and gross margin declined by -3.46% YoY. The MACD and RSI indicate bearish momentum, and there are no significant hedge fund or insider trading trends. Additionally, there are no recent congress trading activities or strong news catalysts.
In 2026/Q2, Fox Corp's revenue increased by 2.05% YoY to $5.182 billion. However, net income dropped by -38.61% YoY to $229 million, EPS fell by -35.80% YoY to $0.52, and gross margin decreased by -3.46% YoY to 22.91%. This indicates weak profitability and declining operational efficiency.
No recent analyst rating or price target changes are available for Fox Corp.
