News Corp (Class A) (NWSA)

NASDAQCommunication ServicesPublishingSnapshot 2026-10-15

$30.03-0.63%

Close 2026-10-16 · 1-day change

Read the published Living FV report summary

Investment OutlookAs of Oct 15, 2026

What could strengthen or challenge News Corp (Class A)’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Living FV™

Living Fair Value by QuarterlyIQ

A valuation that evolves as the business changes.

A published Living FV snapshot is not available yet. The valuation workflow remains discoverable; a market target cannot supply the missing evidence.

View Living FV report and workflow

What the Thesis Depends On

4 key conditions need to be met for the investment thesis to play out.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Continue share buybacks up to $1 billion authorization	A supporting condition in News Corp (Class A)'s published investment case. The stated target is Sustain buybacks up to $1B.	Intact	Company halts or significantly reduces buybacks below $1 billion authorization	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 15, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Free cash flow yield near 4% over the next year	Free cash flow yield is around 4%, showing good cash generation.	Intact	Free cash flow yield falls below 3%	Free cash flow yield: 6.4% As of 2026-10-15; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 15, 20266.4 percent · calculatedLast status assessment Oct 15, 2026 Measurement source consolidated · TTM valuation Period ending Oct 15, 2026 Source: mart.stock_valuation_daily. Reference: NWSA:2026-10-15. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Maintain profit margin near current levels with P/E around 26.4	The company has a stable profit margin with a price-to-earnings ratio near 26.	Intact	P/E falls significantly below 23.6 or rises above 30 indicating margin or growth concerns	P/E (TTM): 25.61x As of 2026-10-15; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 15, 202625.6102 ratio · calculatedLast status assessment Oct 15, 2026 Measurement source consolidated · TTM valuation Period ending Oct 15, 2026 Source: mart.stock_valuation_daily. Reference: NWSA:2026-10-15. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Revenue growth of at least 5.9% in the next 12 months	A primary condition in News Corp (Class A)'s published investment case. The stated target is >=5.9% YoY.	Intact	YoY revenue growth falls below 5.9% next 12 months	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 15, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2028 · fiscal year ending 2028-06-30 · fmp

FY2028 EPSUnavailable

$1.48 → Unavailable · observed estimates

FY2028 revenue$9.78B

$9.69B → $9.78B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2028 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$1.48	$9,694,933,656	5 / 11
2026-07-25	$1.48	$9,694,933,656	5 / 11
2026-07-26	$1.48	$9,694,933,656	5 / 11
2026-07-27	$1.48	$9,694,933,656	5 / 11
2026-07-28	$1.48	$9,694,933,656	5 / 11
2026-07-29	$1.48	$9,694,933,656	5 / 11
2026-07-30	$1.49	$9,689,133,656	5 / 11
2026-07-31	$1.49	$9,689,133,656	5 / 11
2026-08-01	$1.49	$9,689,133,656	5 / 11
2026-08-02	$1.49	$9,689,133,656	5 / 11
2026-08-03	$1.49	$9,689,133,656	5 / 11
2026-08-04	$1.49	$9,689,133,656	5 / 11
2026-08-05	$1.49	$9,689,133,656	5 / 11
2026-08-06	$1.49	$9,689,133,656	5 / 11
2026-08-07	Unavailable	$9,741,951,610	4 / 8
2026-08-08	$1.50	$9,715,877,270	5 / 11
2026-08-09	$1.50	$9,715,877,270	5 / 11
2026-08-10	Unavailable	$9,741,951,610	4 / 8
2026-08-12	Unavailable	$9,741,951,610	4 / 8
2026-08-13	$1.50	$9,735,432,540	5 / 11
2026-08-14	Unavailable	$9,741,951,610	4 / 8
2026-08-15	Unavailable	$9,741,951,610	4 / 8
2026-08-16	Unavailable	$9,741,951,610	4 / 8
2026-08-17	Unavailable	$9,741,951,610	4 / 8
2026-08-18	Unavailable	$9,741,951,610	4 / 8
2026-08-19	Unavailable	$9,741,951,610	4 / 8
2026-08-20	Unavailable	$9,781,338,702	4 / 8
2026-08-21	Unavailable	$9,781,338,702	4 / 8
2026-08-22	Unavailable	$9,775,255,369	4 / 8
2026-08-23	Unavailable	$9,775,255,369	4 / 8
2026-08-24	Unavailable	$9,775,255,369	4 / 8
2026-08-25	Unavailable	$9,775,255,369	4 / 8
2026-08-26	Unavailable	$9,775,255,369	4 / 8
2026-08-27	Unavailable	$9,775,255,369	4 / 8
2026-08-28	Unavailable	$9,775,255,369	4 / 8
2026-08-29	Unavailable	$9,775,255,369	4 / 8
2026-08-30	Unavailable	$9,775,255,369	4 / 8
2026-08-31	Unavailable	$9,775,255,369	4 / 8
2026-09-01	Unavailable	$9,775,255,369	4 / 8
2026-09-02	Unavailable	$9,775,255,369	4 / 8
2026-09-03	Unavailable	$9,775,255,369	4 / 8
2026-09-04	Unavailable	$9,775,255,369	4 / 8
2026-09-05	Unavailable	$9,775,255,369	4 / 8
2026-09-06	Unavailable	$9,775,255,369	4 / 8
2026-09-07	Unavailable	$9,775,255,369	4 / 8
2026-09-08	Unavailable	$9,775,255,369	4 / 8
2026-09-09	Unavailable	$9,775,255,369	4 / 8
2026-09-10	Unavailable	$9,775,255,369	4 / 8
2026-09-11	Unavailable	$9,775,255,369	4 / 8
2026-09-12	Unavailable	$9,775,255,369	4 / 8
2026-09-13	Unavailable	$9,775,255,369	4 / 8
2026-09-14	Unavailable	$9,775,255,369	4 / 8
2026-09-15	Unavailable	$9,775,255,369	4 / 8
2026-09-16	Unavailable	$9,775,255,369	4 / 8
2026-09-17	Unavailable	$9,775,255,369	4 / 8
2026-09-18	Unavailable	$9,775,255,369	4 / 8
2026-09-19	Unavailable	$9,775,255,369	4 / 8
2026-09-20	Unavailable	$9,775,255,369	4 / 8
2026-09-21	Unavailable	$9,775,255,369	4 / 8
2026-09-22	Unavailable	$9,775,255,369	4 / 8
2026-09-23	Unavailable	$9,775,255,369	4 / 8
2026-09-24	Unavailable	$9,775,255,369	4 / 8
2026-09-25	Unavailable	$9,775,255,369	4 / 8
2026-09-26	Unavailable	$9,775,255,369	4 / 8
2026-09-27	Unavailable	$9,775,255,369	4 / 8
2026-09-28	Unavailable	$9,775,255,369	4 / 8
2026-09-29	Unavailable	$9,775,255,369	4 / 8
2026-09-30	Unavailable	$9,775,255,369	4 / 8
2026-10-01	Unavailable	$9,775,255,369	4 / 8
2026-10-02	Unavailable	$9,775,255,369	4 / 8
2026-10-03	Unavailable	$9,775,255,369	4 / 8
2026-10-04	Unavailable	$9,775,255,369	4 / 8
2026-10-05	Unavailable	$9,775,255,369	4 / 8
2026-10-06	Unavailable	$9,775,255,369	4 / 8
2026-10-07	Unavailable	$9,775,255,369	4 / 8
2026-10-08	Unavailable	$9,775,255,369	4 / 8
2026-10-09	Unavailable	$9,775,255,369	4 / 8
2026-10-10	Unavailable	$9,775,255,369	4 / 8
2026-10-11	Unavailable	$9,775,255,369	4 / 8
2026-10-12	Unavailable	$9,775,255,369	4 / 8
2026-10-13	Unavailable	$9,775,255,369	4 / 8
2026-10-14	Unavailable	$9,775,255,369	4 / 8
2026-10-15	Unavailable	$9,775,255,369	4 / 8

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	7	2
2026-06-01	7	2
2026-07-01	7	1
2026-08-01	7	1
2026-09-01	7	1
2026-10-01	7	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 7 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 16–Oct 15 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 16, 2026–Oct 15, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Continue share buybacks up to $1 billion authorizationDirect metric needs a verified mapping
Free cash flow yield near 4% over the next yearFree cash flow yield: 6.4%
Maintain profit margin near current levels with P/E around 26.4P/E (TTM): 25.61x
Revenue growth of at least 5.9% in the next 12 monthsDirect metric needs a verified mapping

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.0%Typical daily move · historical

Downside history

-17.1%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

News Corp (Class A) outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 10, 2026

What kind of bet this is

This investment represents a durable compounder with a focus on consistent revenue and cash flow growth. The current thesis state shows that recent financial performance is strong, and management is executing on key priorities.

What's priced into News Corp (Class A)

The market appears to have a neutral valuation stance on NWSA, with expectations that are somewhat above average compared to peers. There is a noted expectations gap, suggesting that some positive outcomes may not yet be fully reflected in the stock's current valuation.

What the fundamentals likely do

Management is on track to meet its revenue growth and free cash flow targets for fiscal 2026. While there is a low probability of missing earnings expectations, the overall industry has a high miss rate, which could introduce some near-term risk.

What News Corp (Class A) hinges on

The thesis hinges on several factors, including the potential for the Federal Reserve to cut interest rates and the performance of sector leaders that could influence NWSA's momentum. Additionally, any negative guidance from management could significantly impact market sentiment.