Fox Corp. stock (ISIN US35137L1052) closed at USD 65.94 on the Nasdaq on September 11, 2026, marking a 1.2 percent gain versus the prior session and underscoring renewed investor interest ahead of fresh analyst coverage and streaming expansion plans. As of September 14, 2026, the shares remain anchored near this level in pre-market indications, providing a reference point for the latest valuation debate.
Citizens initiates coverage with USD 95 target
According to Investing.com on September 14, 2026, Citizens initiated coverage on Fox Corp. with a Market Outperform rating and set a USD 95.00 price target for the stock. The firm bases this target on approximately 12 times its estimated pro forma EBITDA for fiscal year 2028 for the combined entity that would emerge after the pending Roku acquisition, framing Fox as a media platform with expanded streaming scale.
The Citizens target implies about 44 percent upside from the recent USD 65.94 share price, a spread that quantifies how strongly the analyst house expects Fox to benefit from integration synergies and higher-margin digital revenues. According to Investing.com, Fox currently trades at a price-to-earnings ratio of 17.13 based on recent earnings, and the platform notes that multiple analysts have revised their profit expectations upward in recent weeks, reinforcing the constructive view on earnings momentum.
Roku acquisition and fiscal 2026 figures
As Zacks reported on September 14, 2026, Fox Corp.โs pending acquisition of Roku is expected to close in the first half of 2027 and would create the third-largest United States television entity by share of viewing. Zacks highlights that the combined footprint could add more than 100 million streaming households and target around USD 400 million in run-rate cost synergies, giving the Citizens valuation framework tangible operational assumptions.
Robust fiscal 2026 figures provide the financial backdrop for this strategy. According to Zacks, Fox delivered record…