Evercore ISI Raises its Price Target on Fox Corporation (FOX) to $70 and Maintains an In Line Rating

Jeff Lewis

Wed, February 18, 2026 at 1:41 PM GMT+9 2 min read

In this article:

FOX

+0.08%

FOXA

+0.14%

Fox Corporation (NASDAQ:FOX) is among the 11 Best Entertainment Stocks to Buy According to Wall Street.

Evercore ISI Raises its Price Target on Fox Corporation (FOX) to $70 and Maintains an In Line Rating

On February 5, 2026, Evercore ISI raised its price target on Fox Corporation (NASDAQ:FOX) to $70 from $66 previously and maintained an In Line rating following what it described as a “strong” quarterly report and “bullish” forward commentary. That same day, Morgan Stanley increased its price target on Fox Corporation (NASDAQ:FOX) to $77 from $74 previously and kept an Equal Weight rating, lifting estimates after “strong” fiscal Q2 results that it said were once again driven by meaningful advertising outperformance. The firm added that in a difficult pay-TV environment, Fox continues to demonstrate relative strength versus peers, supported by its focus on live news and sports.

Fox Corporation (NASDAQ:FOX) reported second-quarter revenue of $5.18 billion on February 4, 2026, ahead of the $5.03 billion consensus estimate. CEO Lachlan Murdoch said the company delivered “robust results” with broad-based contributions across the portfolio, highlighting advertising strength even against a tough political comparison from the prior year. He said the quarter reflects continued operating and financial momentum tied to the company’s strategy and execution across news, sports, streaming, and entertainment.

Fox Corporation (NASDAQ:FOX) operates as a news, sports, and entertainment company in the United States across its Cable Network Programming, Television, Credible, and The FOX Studio Lot segments.

While we acknowledge the potential of FOX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

Disclosure: None.

Terms and Privacy Policy

Privacy Dashboard

More Info