Fox Corp.: Strong growth thanks to political and sports coverage
Media and sports giant Fox Corp. $FOX expects significant growth thanks to key events, particularly coverage of the upcoming election season. According to the analyst Jessica Reif Ehrlich of Fox, the company benefits from a balanced portfolio of sports and news shows that allows it to meet the secular challenges of linear broadcasting better than competitors. Ehrlich says political news will drive growth, which will increase interest from viewers and advertisers.
Super Bowl 2025: A significant growth catalyst
Another factor that promises significant growth for Fox $FOX is Super Bowl 2025, which will air. Bank of America notes high demand for ad space during this event - ad inventory for the Super Bowl is nearly sold out. According to Ehrlich, this strong interest could lead to above-average advertising revenue, which would further boost the company's growth potential.
Shares and investor expectations
Shares of Fox Corp. $FOX are up more than 41% year-to-date, indicating positive investor sentiment about the company's future growth. The earnings report, due out Nov. 4, will be a key indicator of whether Fox can meet expectations and continue its growth trajectory with its unique combination of political and sports content.
Doesn't sound like a bad company to me at all. It's business is good, the numbers aren't super bad either, and now under Trump the stock could go up even more.
I honestly don't find this business that growthy, so I'll leave the stock to someone else.
It's solid as growth. I'm quite intrigued by this. I'm adding it to the watchlist, I'll look at the company in more detail. Thanks for the tip👍