FOX
Fox Corporation
FOX's fundamentals are mixed: it turned 12% of its revenue into free cash flow, but its operating margin fell 1 points to 15%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
FOX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Healthy |
FOX's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
FOX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $58.71 | — |
| Cheap | 11x | $50.62 | -14% |
| Fair | 13x | $60.26 | +2.6% |
| Current | 13x | $58.71 | — |
| Expensive | 15x | $72.16 | +23% |
Historical ranges are pointers, not guarantees.
FOX has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
FOX Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect FOX's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
FOX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.62 | +19% |
| Q3 2026 | $4.72 | +6.1% |
| Q2 2026 | $3.84 | -22% |
| Q1 2026 | $3.79 | -5.7% |
| Q4 2025 | $4.16 | -11% |
| Q3 2025 | $4.45 | +8.8% |
| Q2 2025 | $4.91 | +57% |
| Q1 2025 | $4.02 | +26% |
| Q4 2024 | $4.67 | +175% |
FOX has the edge over NBIS in the latest year-over-year earnings comparison.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has returned to profit: it earned $0.33 per share over the past year, after losing money the year before.
FOX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.6B | +22% |
| Q2 2026 | $4.2B | +28% |
| Q1 2026 | $4B | -8.6% |
| Q4 2025 | $5.2B | +2% |
| Q3 2025 | $3.7B | +4.9% |
| Q2 2025 | $3.3B | +6.3% |
| Q1 2025 | $4.4B | +27% |
| Q4 2024 | $5.1B | +20% |
FOX has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | +6.7 points |
| Q2 2026 | 22% | -7.3 points |
| Q1 2026 | 5.9% | -4.9 points |
| Q4 2025 | 6.2% | -3.9 points |
| Q3 2025 | 21% | -9.9 points |
| Q2 2025 | 29% | +15 points |
| Q1 2025 | 11% | -17 points |
| Q4 2024 | 10% | +7.1 points |
FOX's operating margin was 28% last quarter, up 6.7 points from the same quarter a year ago.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
FOX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $503M | +$737M |
| Q2 2026 | $726M | -48% |
| Q1 2026 | $1.8B | -9% |
| Q4 2025 | -$791M | -$355M |
| Q3 2025 | -$234M | -349% |
| Q2 2025 | $1.4B | +77% |
| Q1 2025 | $1.9B | +39% |
| Q4 2024 | -$436M | +$179M |
FOX generated $2.2B in free cash flow over the past year, down 17% from the year before.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
FOX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.5% | -11M shares |
| 1 year | -5.9% | -27M shares |
| 3 years | -13% | -66M shares |
| 5 years | -26% | -150M shares |
| Available history | -31% | -192M shares |
FOX has 428M diluted shares, down 5.9% from a year ago, with $1.8B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $100M |
| Q1 2026 | $100M |
| Q4 2025 | $1.6B |
| Q3 2025 | $250M |
| Q2 2025 | $250M |
| Q1 2025 | $250M |
| Q4 2024 | $250M |
FOX spent $1.8B buying back its own shares over the past year, up 75% from the year before.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over FOX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
FOX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.7x | Very low |
| Q2 2025 | 0.4x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.1x | Healthy |
FOX's net debt is less than a year of its operating earnings (EBITDA).
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
FOX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.9 | Neutral |
| Stochastic | 56.9 | Neutral |
FOX's weekly RSI is 54 (neutral) and its Stochastic is 57 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
FOX PE vs Communication Services Sector
| Metric | FOX | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 16x | 22% below |
| PE % | 52 | 26 | 26 pts above |
FOX has the edge over NBIS on valuation relative to its sector.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
FOX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $57.4 | 2.2% above |
| 20 week MA | $56.4 | 4.2% above |
| 50 week MA | $57.1 | 2.8% above |
| 100 week MA | $54.1 | 8.4% above |
| 200 week MA | $43.0 | 37% above |
FOX has stronger trend alignment. FOX is above 5 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
FOX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.7 | $28.0 | -24% |
| 2021 | $28.0 | $34.5 | +23% |
| 2022 | $34.5 | $28.9 | -16% |
| 2023 | $28.9 | $27.7 | -4.2% |
| 2024 | $27.7 | $46.6 | +69% |
| 2025 | $46.6 | $65.4 | +40% |
| 2026 YTD | $65.4 | $58.7 | -10% |
FOX has finished lower in three of the last six years. It's down 10% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over FOX on returns for 2026, with the stronger performance.