The New York-based News Corporation (NWS) stands as a diversified media and information services company that delivers authoritative content and products to both consumers and businesses. With a market capitalization of approximately $19.6 billion, it operates through five key segments: Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other.
Over the past 52 weeks, NWS advanced 17.8%, exceeding the S&P 500 Index ($SPX), which rose 15.1%. Year-to-date, the company has delivered a 12.7% rise, once again ahead of the broader index’s 9.9% return.
When compared with sector benchmarks, the S&P 500 Communication Sector SPDR (XLC) climbed 26.6% over the past year, and it also surpasses NWS stock with a year-to-date increase of 14.7%.
Momentum accelerated on August 22 when Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole pointed to the possibility of a September rate cut, igniting a rally in rate-sensitive media stocks. Traders leaned into the shift, chasing cyclical momentum through the session. By the close, NWS stock shares popped higher by roughly 2% as expectations of cheaper financing lifted the advertising outlook and bolstered market confidence in the company’s valuation.
For the fiscal year 2026, ending in September 2026, analysts forecast an 11.2% decline in diluted EPS, estimating $0.79. The company has a disappointing earnings surprise history, having missed Wall Street’s bottom-line estimates in two of the last three quarters, while surpassing them on one other occasion.
Nevertheless, analyst sentiment has remained steady. Of the four analysts covering NWS, the consensus rating stands at “Moderate Buy,” comprising three “Strong Buy” recommendations and one “Strong Sell.”
The current analyst sentiment has cooled slightly from a month ago, with the consensus slipping from a “Strong Buy” to a “Moderate Buy.” Notably, the stock carried no “Strong Sell” ratings at the time.
On 20 August, J.P. Morgan analyst David Karnovsky reiterated his “Buy” rating on NWS and raised the price target to $40, up from $38.
The mean price target of $39.67 represents a 15.7% premium to NWS’ current price levels. Meanwhile, the Street-High target of $41 suggests a potential upside of 19.6%.
