FOXA
Fox CorpEvidence as of 2026-09-02Overview · Fox Corp
Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional and virtual multi-channel video programming distributors (MVPDs) and…
Management team
- Mr. Jeff Collins · President of Advertising Sales, Marketing & Brand PartnershipFind on LinkedIn
- Mr. Viet D. Dinh · Special AdvisorFind on LinkedIn
- Mr. Jeffrey A. Taylor · Executive VP & General CounselFind on LinkedIn
- Mr. Adam G. Ciongoli · Chief Legal & Policy OfficerFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
−0.7 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The surviving filings and data present a mixed operational picture: revenue was $ 3,738,000,000 in Q1 2026 (fiscal quarter ended 2025-09-30), rose to $ 5,182,000,000 in Q2 2026 (fiscal quarter ended 2025-12-31), then fell to $ 3,994,000,000 in Q3 2026 (fiscal quarter ended 2026-03-31). Weighted‑average diluted shares outstanding declined each quarter from 455,000,000 to 441,000,000 to 432,000,000, while diluted EPS moved lower across those same quarters: $ 1.32, $ 0.52 and $ 0.38 respectively.
The 10‑K filed 6 August 2026 documents a June 14, 2026 Merger Agreement whereby Roku would become a wholly owned subsidiary of FOX, and it discloses significant merger-related items: potential termination fees (about $ 866,000,000 and about $ 1,200,000,000 in specific scenarios), material post‑merger indebtedness, and risks of transaction and integration costs. Market metrics show low market correlation (beta 0.13, correlation 0.05) but elevated volatility (30‑day annualized vol 34.8%, 90‑day vol 45.6%), and insiders filed multiple Form 4s reporting share sales in mid‑August 2026.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was $3,738,000,000 in fiscal Q1 2026 (2025-07-01 to 2025-09-30), rose to $5,182,000,000 in fiscal Q2 2026 (2025-10-01 to 2025-12-31), then fell to $3,994,000,000 in fiscal Q3 2026 (2026-01-01 to 2026-03-31).
XBRL companyfacts · 0001628280-25-047354Weighted-average diluted shares outstanding decreased each quarter: 455,000,000 shares in fiscal Q1 2026, 441,000,000 shares in fiscal Q2 2026, and 432,000,000 shares in fiscal Q3 2026.
XBRL companyfacts · 0001628280-25-047354Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
The 10-K filed 6 August 2026 states that FOX and Roku entered into a Merger Agreement on June 14, 2026 under which Roku will become a wholly owned subsidiary of FOX, and the completion of the Merger is subject to FOX and Roku stockholder approvals and antitrust and other regulatory clearances.
10-K filed 2026-08-06The 10-K filed 6 August 2026 discloses that the Merger Agreement contains customary termination rights and termination fees, including an approximately $866 million fee payable by a party in certain circumstances and an approximately $1.2 billion fee the Company would be required to pay Roku under certain termination scenarios.
10-K filed 2026-08-06Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Three‑month momentum is +5.0% and six‑month momentum is +15.6%, with the six‑month momentum ranked in the 71th percentile of the 547‑stock research universe.
Moneyta signal set · 2026-09-02weakened in debateTwelve‑month (12_1) momentum is +7.4% but its cross‑sectional rank is the 41th percentile of 547, and relative strength versus SPY over 12 months is -8.9%.
Moneyta signal set · 2026-09-02weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, the ETF IVV held FOXA at 0.02% weight of the fund.
ETF constituents · market dataFive Form 4 insider filings for FOXA were filed on 2026-08-18 (accessions the 4 filed 18 August 2026 through the 4 filed 18 August 2026).
Form 4 × 5 (90d window not enforced here)weakened in debateReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple outlets present a mixed valuation narrative for Fox Corporation, with some pieces describing the stock as near fair value on discounted cash flow checks while earnings multiples point to upside.
News · simplywall.st · 2026-08-30A simplywall.st article notes Fox has returned 127.6% over the past three years (article published 30 August 2026).
News · simplywall.st · 2026-08-30Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
MURDOCH LACHLAN K (Executive Chair, CEO) reported a sale of 27,865 shares for a reported value of "$1.9M" in a Form 4 filed 15 August 2026 (no trading-plan checkbox shown).
Form 4 · MURDOCH LACHLAN K (Executive Chair, CEO) · $0 code M · 2026-08-15MURDOCH LACHLAN K (Executive Chair, CEO) reported a sale of 26,649 shares for a reported value of "$1.8M" in a Form 4 filed 15 August 2026 (no trading-plan checkbox shown).
Form 4 · MURDOCH LACHLAN K (Executive Chair, CEO) · $0 code M · 2026-08-15Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The observed market price in the evidence is 67.52 with price_date 2026-09-02.
Valuation inputs · SEC XBRL + stored EOD closeThe evidence records cash of 2,818,000,000.0 with cash_asof 2019-03-31 and long-term debt of 6,606,000,000.0 with debt_asof 2026-06-30.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several pieces of evidence in the record support a favorable read: the company reduced diluted share count each quarter and disclosed a cash repurchase, consistent with active capital return that raises per‑share economic exposure; short‑term price momentum is positive and the stock shows very low beta to the market, indicating recent strength not simply correlated with broad indices; management has explicitly prioritized digital and direct‑to‑consumer investment, and third‑party coverage includes multiple buy/upgrade actions and articles noting strong multi‑year returns. The bear case centers on merger‑related risks, transaction financing and insider sales; those filings and forms are clearly documented in the 10‑K and Form 4s and therefore are materially relevant, but the supporting evidence for a constructive view (share repurchases, share count decline, dividend growth, analyst upgrades and positive momentum) is sourced to routine filings and market signals and is robust in the dataset. Evidence strength: share repurchase and share count trend — strong (SEC filings); momentum and low beta — strong (market signals); management DTC emphasis and analyst buy actions — moderate to strong (10‑K and market reports); merger risk and related debt/disclosure — strong (10‑K).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.34
37 surviving claims rest on 17 distinct sources; the heaviest analyst carries 19% of them, and 96% of what the desk raised survived the debate.
The evidence set has moderate breadth (17 sources) but a fair number of surviving assertions (37), and most of the desk’s points survived internal debate — which supports basic reliability. However, one analyst carries a notable share of the surviving claims and source concentration exists, so individual claims may still be brittle if that analyst’s inputs or a small set of documents change.
Peer context · computed, not argued
12-1 momentum ranks 2nd of 9 in Entertainment (as of 2026-09-02).
6-month relative strength ranks 4th of 9 in Entertainment (as of 2026-09-02).
90-day volatility ranks 3rd of 9 in Entertainment (as of 2026-09-02).
dividend yield ranks 3rd of 8 in Entertainment (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
12 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.0 to the score
10 documents· 3 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−1.4 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.1 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
8 headlines· 1 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
5 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−1.0 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on FOXA Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.