Is FOX Ready to Keep Running? A Deep Dive Into Fox Corporation's Recent Surge

The Rally That’s Turning Heads

Fox Corporation (FOX) has been on quite the run lately. Up 2.4% over the past month alone, the stock just smashed through a fresh 52-week high, touching $61.26 in recent trading. To put this in perspective, FOX has already climbed 33.1% year-to-date—significantly outpacing both the Consumer Discretionary sector’s modest 2% gain and the Broadcast Radio and Television industry’s 19.8% return. The question on every investor’s mind: can this momentum persist, or have we already priced in the good news?

Why the Market’s Rewarding This Stock

The answer lies in the numbers. FOX has an enviable track record of beating expectations consistently—it hasn’t missed earnings consensus in the past four quarters. Most recently, on October 30, 2025, the company delivered $1.51 in EPS against expectations of just $1.06, crushing the street estimate by 42%.

Looking ahead, management projects $4.46 in EPS for the current fiscal year on revenues of $15.99 billion (a -6.69% and -1.93% change, respectively). For next year, the guidance gets rosier: $5.02 per share on $16.55 billion in revenue, representing 12.56% and 3.55% year-over-year growth. This earnings inflection is what’s driving institutional buying.

The Valuation Puzzle: Cheap or Stretched?

Here’s where it gets interesting. Despite running to its 52-week high, FOX doesn’t look overcooked on traditional metrics. The stock trades at 13.7X current fiscal year earnings—actually below the peer average of 14.9X. On a price-to-cash-flow basis, it’s at 10.5X versus the industry’s 4.8X, which warrants watching.

The PEG ratio sits at a healthy 1.35, positioning FOX in the upper echelon for value plays. It scores an A in Value, but the Growth and Momentum scores are considerably weaker (C and F), giving it a blended VGM Score of B. Translation: this is a value-oriented pick, not a growth stock with explosive upside potential.

The Analyst Stamp of Approval

FOX carries a Zacks Rank of #1 (Strong Buy), driven by rising earnings revisions from the analyst community. This rank, combined with its value credentials, puts it squarely in the “meets the criteria” bucket for disciplined investors who follow a systematic approach to stock selection.

How FOX Stacks Against Its Peers

The broader Broadcast Radio and Television industry ranks in the bottom 58% of sectors—hardly inspiring. Yet individual stocks within the space are showing some promise. FOX’s sister company, Fox Corporation (FOXA), mirrors much of the strength. FOXA also carries a Strong Buy rank, boasts an A Value Score, and recently beat estimates by 42.45%.

FOXA trades at a 15.5X forward P/E and 11.76X price-to-cash-flow, with gains of 3.7% over the past month and projected fiscal year earnings of $4.41 per share on $16.08 billion in revenue. Both Fox entities appear to be catching positive industry tailwinds despite the sector’s historically weak positioning.

The Bottom Line

FOX’s running streak isn’t just hype—it’s backed by genuine earnings power and reasonable valuations. For value-conscious investors seeking exposure to media and broadcasting, the stock checks multiple boxes. That said, growth expectations are modest, momentum is fading relative to earlier in the year, and sector fundamentals remain challenged. The question isn’t whether FOX can keep running; it’s whether you should be chasing it at these levels or waiting for a better entry point.