Fox Corporation (FOXA) stock forecast: Can it reach its 52-week high of $58.74

A share price of Fox Corporation [FOXA] is currently trading at $55.24, up 5.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FOXA shares have gain 11.51% over the last week, with a monthly amount glided 12.99%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Fox Corporation [NASDAQ: FOXA] stock has seen the most recent analyst activity on April 07, 2025, when Wolfe Research downgraded its rating to a Underperform. Previously, MoffettNathanson downgraded its rating to Neutral on January 21, 2025, and elevated its price target to $52. On September 09, 2024, downgrade downgraded it’s rating to Neutral. Wells Fargo upgraded its rating to a Overweight and increased its price target to $46 on August 16, 2024. Goldman initiated its recommendation with a Buy and recommended $42 as its price target on June 25, 2024. BofA Securities upgraded its rating to Buy for this stock on May 09, 2024, and upped its price target to $40. In a note dated April 05, 2024, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $37.

Fox Corporation experienced fluctuations in its stock price throughout the past year between $32.45 and $58.74. Currently, Wall Street analysts expect the stock to reach $63 within the next 12 months. Fox Corporation [NASDAQ: FOXA] shares were valued at $55.24 at the most recent close of the market. An investor can expect a potential return of 14.05% based on the average FOXA price forecast.

Analyzing the FOXA fundamentals

Trailing Twelve Months sales for Fox Corporation [NASDAQ:FOXA] were 16.11B which represents 26.81% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.17 and Total Capital is 0.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.23 points at the first support level, and at 51.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.36, and for the 2nd resistance point, it is at 57.48.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Fox Corporation [NASDAQ:FOXA] is 2.45. In addition, the Quick Ratio stands at 2.33 and the Cash Ratio stands at 1.35. Considering the valuation of this stock, the price to sales ratio is 1.50, the price to book ratio is 2.16 and price to earnings (TTM) ratio is 13.74.

Transactions by insiders

Recent insider trading involved MURDOCH KEITH RUPERT, Chairman Emeritus, that happened on Feb 21 ’25 when 58000.0 shares were sold. Chairman Emeritus, Keith Rupert Murdoch completed a deal on Feb 21 ’25 to buy 58000.0 shares. Meanwhile, Chief Legal and Policy Officer Ciongoli Adam G. sold 1278.0 shares on Feb 05 ’25.

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