Why News stock moves
News Corp fell, far more than the market.
Written after the close on ·
Why today
16,413 news analyzed todayNews Corp fell, far more than the market.
News Corp reported first-quarter results that beat expectations, with revenue up 6%.
Trading volume was well above normal, and the move was very large for the stock.
Over five trading days the stock also fell very sharply while its sector rose clearly.
Today's move of −13.35% was 15.8 times a normal day's 0.8%. S&P 500 moved −4.41% on the same day.
News −13.35%S&P 500 −4.41%Much weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for News.
News earned more than expected in 8 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 3 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $26.39
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $0.48 (February 4). For the current fiscal year, expected earnings per share changed from $1.28 three months ago to $1.35 now. 2027 estimate: $1.35. 2028 estimate: $1.54.
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across US companies, that happens in about 65% of years. In 2026, the price changed −16% and earnings per share −50%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): $14.2BRevenue 2026: $9.0B
What the key figures say about News
The figures connect what News earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2023–2026: $0.26–$2.07. Peers: Walt Disney Company $4.85, Netflix $3.46, Viaplay Group -0.29 SEK. 2027 estimate: $1.35 ($1.25–$1.46). 2028 estimate: $1.54 ($1.30–$1.75).
What the company sold during the year.
2023–2026: $8.0B–$9.0B. Peers: Walt Disney Company $98.9B, Netflix $49.7B, Viaplay Group 21.0 bn SEK. 2027 estimate: $9.4B ($9.1B–$9.5B). 2028 estimate: $9.8B ($9.5B–$10.0B).
The percentage of revenue left after the costs of running the business.
2023–2026: 8.4%–12.6%. Peers: Walt Disney Company 15.2%, Netflix 31.3%, Viaplay Group 2.8%.
Profit as a percentage of shareholders’ money in the company.
2023–2026: 1.8%–13.4%. Peers: Walt Disney Company 8.0%, Netflix 53.5%, Viaplay Group −50.0%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2023–2026: 14.4–75.0. Peers: Walt Disney Company 24.1, Netflix 18.3. 2027 estimate: 19.5. 2028 estimate: 17.1.
What investors pay for each unit the company sells.
2023–2026: 1.39–1.99. Peers: Walt Disney Company 2.04, Netflix 5.24, Viaplay Group 0.27. 2027 estimate: 1.51. 2028 estimate: 1.45.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.20–$0.20.
The ordinary yearly dividend as a percentage of the share price.
2023–2026: 0.7%–1.0%. Peers: Walt Disney Company 1.3%, Netflix 0.0%, Viaplay Group 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2023–2026: 0.38–2.18. Peers: Walt Disney Company 1.95, Netflix 0.58, Viaplay Group 5.02.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2023–2026: 1.38–1.93. Peers: Walt Disney Company 1.84, Netflix 8.89, Viaplay Group 2.75.
Market cap plus net debt, divided by operating earnings. This includes debt.
2023–2026: 12.5–21.1.
Cash left after investments, divided by the number of shares.
2023–2026: $0.75–$1.49. Peers: Walt Disney Company $4.80, Netflix $2.77, Viaplay Group -0.26 SEK.
The percentage of assets financed by shareholders’ equity.
2023–2026: 47.7%–56.6%.
The dividend explained
A dividend is money paid to shareholders. News paid $0.20 per share in the twelve months through November 5, 2026.
On the ex-dividend day, September 9, 2026, News traded without the right to the $0.10 dividend. The price went from $29.82 to $29.61; including the dividend, the day's change was −0.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.202018: $0.202019: $0.202020: $0.202021: $0.202022: $0.202023: $0.202024: $0.202025: $0.202026 so far: $0.20
What followed similar falls?
Including reinvested dividends, News fell 10.1% over the latest five trading days. Since November 4, 2016, falls at least this large were followed by a higher value 21 trading days later in 6 out of 10 non-overlapping periods. The median was +1.2%, against +1.0% for an ordinary 21-day period, which ended higher 56 times in 100.
Such a fall has not said much about the next month.
+1.2% · 6/10
What to watch next, and why
The earnings report shows how News's revenue and profit have changed.
- Earnings report
The earnings report shows how News's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days News usually moved about 2.6%. On a normal day it moves 0.8%.
−13.35% Why? +2.10% −0.07% −7.06%
$10,000 in News bought on November 7, 2016 is worth $24,200 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,300.
What would $10,000 in News be worth today? →
What would $10,000 in News be worth today?
$24,200
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.
At worst it was worth $7,060 (April 3, 2020).
The five biggest days of the journey
· +13.6% · the whole market rose 9.3% the same day
· −13.5% · the whole market fell 0.7% the same day · report day
· −13.4% · the whole market fell 4.4% the same day · report day · Why?
· −13.3% · the whole market fell 0.6% the same day · report day
· +13.3% · the whole market rose 1.7% the same day · report day
Earlier days
−9.39% market −2.70% News Corp fell very sharply over the week, moving much more than the broader market, which fell only modestly. Read →
News Corp fell very sharply over the week, moving much more than the broader market, which fell only modestly.
The drop came against a rising Communication Services sector, and the stock's move was about four times a normal weekly stretch, a size seen only once in the past year.
Results released on November 4 beat expectations on revenue growth and profit, yet investors sold the shares anyway, which suggests the sell-off reflected worries beyond the quarter.
The next earnings report is due on February 4, 2027.
Learn more · Why do stocks go up and down?