NWSA
News Corporation
NWSA's fundamentals are mixed, but it looks cheap: trading at 24x earnings, below its usual 33x. Analysts expect strong earnings growth, though they disagree widely on how much.
NWSA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
NWSA's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
NWSA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $16.11 | -39% |
| Forward | 18x | $26.27 | — |
| Current | 24x | $26.27 | — |
| Fair | 32x | $36.05 | +37% |
| Expensive | 65x | $72.57 | +176% |
Historical ranges are pointers, not guarantees.
NWSA's PE is in its cheap range at 24x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
NWSA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for NWSA, with profitability improving. However, they disagree widely on these estimates.
NWSA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.43 | +28% |
| Q3 2026 | $1.12 | -46% |
| Q2 2026 | $1.03 | -50% |
| Q1 2026 | $2.01 | +134% |
| Q4 2025 | $2.03 | +178% |
| Q3 2025 | $2.07 | +234% |
| Q2 2025 | $2.08 | +352% |
| Q1 2025 | $0.86 | +146% |
| Q4 2024 | $0.73 | +87% |
NWSA's earnings per share have fallen from their peak: $1.12 over the past year, against $2.08 in mid-2025.
NWSA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +6.4% |
| Q2 2026 | $2.3B | +11% |
| Q1 2026 | $2.2B | +8.8% |
| Q4 2025 | $2.4B | +5.5% |
| Q3 2025 | $2.1B | -17% |
| Q2 2025 | $2.1B | -18% |
| Q1 2025 | $2B | -17% |
| Q4 2024 | $2.2B | -13% |
NWSA's revenue is recovering but still below its 2021 peak: $2.3B last quarter, up 6.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +3.1 points |
| Q2 2026 | 12% | +5.6 points |
| Q1 2026 | 8.7% | +1.1 points |
| Q4 2025 | 16% | -3.7 points |
| Q3 2025 | 9.9% | +2 points |
| Q2 2025 | 6.3% | +2 points |
| Q1 2025 | 7.5% | +4.9 points |
| Q4 2024 | 19% | +8.5 points |
NWSA's operating margin was 13% last quarter, up 3.1 points from the same quarter a year ago.
NWSA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$89M | -2325% |
| Q2 2026 | $276M | +763% |
| Q1 2026 | $399M | -4.5% |
| Q4 2025 | $132M | -13% |
| Q3 2025 | $4M | +$35M |
| Q2 2025 | $32M | -71% |
| Q1 2025 | $418M | -0.9% |
| Q4 2024 | $152M | -39% |
NWSA usually generates cash, though not every quarter: the latest was −$89M, but it generated $718M over the past year.
NWSA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.8% | -15.7M shares |
| 1 year | -4.3% | -24.2M shares |
| 3 years | -5.5% | -31.4M shares |
| 5 years | -8.7% | -51.7M shares |
| Available history | -8.1% | -47.6M shares |
NWSA has 543M diluted shares, down 4.3% from a year ago, with $715M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $166M |
| Q2 2026 | $185M |
| Q1 2026 | $192M |
| Q4 2025 | $172M |
| Q3 2025 | $92M |
| Q2 2025 | $36M |
| Q1 2025 | $36M |
| Q4 2024 | $40M |
NWSA spent $715M buying back its own shares over the past year, about four times what it spent the year before.
NWSA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 0.1x | Very low |
NWSA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
NWSA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.2 | Neutral |
| Stochastic | 20.2 | Neutral |
NWSA's weekly RSI is 42 (neutral) and its Stochastic is 20 (neutral).
NWSA PE vs Communication Services Sector
| Metric | NWSA | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 16x | 43% above |
| PE % | 32 | 26 | 6 pts above |
NWSA is trading at 24x earnings, a 43% premium to the Communication Services sector's median of 16x.
NWSA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.6 | 8.2% below |
| 20 week MA | $28.7 | 8.5% below |
| 50 week MA | $26.7 | 1.8% below |
| 100 week MA | $27.4 | 4% below |
| 200 week MA | $25.2 | 4.1% above |
NWSA has fallen below most of its moving averages, though it's still 4.1% above its 200-week average.
NWSA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.2 | $17.8 | +26% |
| 2021 | $17.8 | $22.3 | +25% |
| 2022 | $22.3 | $18.3 | -18% |
| 2023 | $18.3 | $24.6 | +34% |
| 2024 | $24.6 | $27.8 | +13% |
| 2025 | $27.8 | $26.2 | -5.6% |
| 2026 YTD | $26.2 | $26.3 | +0.2% |
NWSA has finished higher in four of the last six years. It's roughly flat so far in 2026.