News Corp. (NASDAQ:NWSA) Soars on Strong Earnings and Increased Price Target

• News Corp. reported strong fiscal Q4 2026 results, with adjusted earnings of $0.35 per share and revenue of $2.34 billion, both exceeding analyst expectations.
• Morgan Stanley maintained an "Overweight" rating and raised its price target for News Corp. stock from $34.00 to $35.00, signaling confidence in its future performance.
• The company achieved record profitability, with net income from continuing operations increasing by 167% to $230.00 million, primarily driven by Digital Real Estate Services, Book Publishing, and Dow Jones segments.

News Corp. (NASDAQ:NWSA) is a global media and information services company, a leading media conglomerate. It operates a diverse portfolio that includes news and information services, book publishing, and digital real estate services. News Corp. is known for publishing major newspapers like The Wall Street Journal and, as highlighted by Reuters, has a strong subscription business, showcasing its robust market position.

Reflecting positive sentiment and a strong investment outlook, Morgan Stanley maintains its "Overweight" rating on News Corp. An Overweight rating suggests the analyst expects the stock to outperform its industry peers. The firm also increased its price target for the stock to $35.00 from $34.00, indicating a higher valuation expectation based on recent financial performance.

This optimism is supported by strong fiscal fourth-quarter 2026 results. News Corp. reported adjusted earnings of $0.35 per share, which is 66.7% above analyst estimates. The company's revenue also grew to $2.34 billion, an increase of 10.8% compared to the previous year, surpassing market expectations.

As highlighted by the New York Post, this impressive performance led to record profitability for the media giant. The growth was mainly driven by its Digital Real Estate Services, Book Publishing, and Dow Jones segments. Net income from continuing operations increased by an impressive 167% to $230.00 million for the quarter, underscoring News Corp.'s operational efficiency.

At the time of the analyst's announcement, News Corp.'s stock price was $29.68. The new $35.00 price target represents a significant potential upside from its current trading range, indicating a favorable stock performance outlook. The stock has traded between a low of $22.20 and a high of $31.61 over the past 52 weeks, reflecting its recent market volatility and growth.