Analysts expect Fox Corp to report Q2 2026 revenue of $3.64 billion and earnings per share of $1.15, while the stock currently trades at $58.70, approximately 18% below the average analyst target of $71.53. The primary focus for investors is the strategic integration and regulatory progress of the recently announced $22 billion acquisition of Roku, which aims to merge Fox's content and Tubi's streaming platform with Roku's hardware ecosystem.
Management’s commentary on advertising demand will be critical, especially as analysts project a 31% year-over-year surge in total advertising revenue driven by the FIFA World Cup. Additionally, investors are watching for continued growth in Tubi's monthly active users and signs of a strong political advertising cycle ahead of the upcoming U.S. midterm elections.