Fintel reports that on February 4, 2025, UBS upgraded their outlook for News (NasdaqGS:NWS) from Neutral to Buy.
Analyst Price Forecast Suggests 25.44% Upside
As of January 29, 2025, the average one-year price target for News is $40.08/share. The forecasts range from a low of $27.24 to a high of $50.45. The average price target represents an increase of 25.44% from its latest reported closing price of $31.95 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for News is 11,069MM, an increase of 8.91%. The projected annual non-GAAP EPS is 1.07.
What is the Fund Sentiment?
There are 661 funds or institutions reporting positions in News. This is an increase of 8 owner(s) or 1.23% in the last quarter. Average portfolio weight of all funds dedicated to NWS is 0.08%, an increase of 12.27%. Total shares owned by institutions decreased in the last three months by 1.46% to 90,173K shares. 
The put/call ratio of NWS is 1.19, indicating a bearish outlook.
What are Other Shareholders Doing?
SOF holds 9,782K shares representing 5.17% ownership of the company. No change in the last quarter.
Independent Franchise Partners LLP holds 9,022K shares representing 4.76% ownership of the company. In its prior filing, the firm reported owning 9,299K shares , representing a decrease of 3.07%. The firm decreased its portfolio allocation in NWS by 8.51% over the last quarter.
Starboard Value holds 8,732K shares representing 4.61% ownership of the company. No change in the last quarter.
XLC - The Communication Services Select Sector SPDR Fund holds 3,560K shares representing 1.88% ownership of the company. In its prior filing, the firm reported owning 3,205K shares , representing an increase of 9.97%. The firm increased its portfolio allocation in NWS by 10.47% over the last quarter.
59 North Capital Management holds 3,359K shares representing 1.77% ownership of the company. In its prior filing, the firm reported owning 2,515K shares , representing an increase of 25.12%. The firm increased its portfolio allocation in NWS by 19.68% over the last quarter.
News Background Information
(This description is provided by the company.)
News Corp is an American media and publishing company operating across digital real estate information, news media, book publishing, and cable television. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
