Wells Fargo Upgrades Fox (FOX) to Overweight Rating

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On October 31, 2025, Wells Fargo reaffirmed an Overweight rating for Fox Corporation (NasdaqGS:FOX). As of October 30, 2025, the company has an average one-year price target of $56.52 per share, indicating a projected 3.23% downside from its last closing price of $58.41 per share.

Fox’s projected annual revenue is $15,434 million, reflecting a decrease of 6.31%. Institutional ownership saw a slight increase with 1,011 funds reporting positions, marking a 1.92% rise over the last quarter. However, total shares owned by institutions decreased by 3.55% to 146,021K shares.

The put/call ratio for FOX stands at 0.35, suggesting a bullish sentiment among investors. Notable shareholders like Dodge & Cox have reduced their stake in FOX by 38.18%, while State Of Wisconsin Investment Board increased their ownership by 7.19%.

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