Bullish commentary from CNBC’s Jim Cramer on Fox Corporation (FOX, FOXA) has sparked renewed investor interest, with the analyst labeling the media giant’s valuation as undervalued. The remarks come as the stock trades below its 52-week high amid broader sector challenges.
- Fox Corp. (FOX, FOXA) trades at $34.50 per share, 22% below its 52-week high of $44.20
- Trailing twelve-month revenue: $6.8 billion; adjusted EBITDA: $2.1 billion
- Forward P/E ratio of 11.8x, below the media sector average of 16.3x
- Company distributed $740 million in shareholder returns in 2025
- Trading volume rose 38% following Cramer’s comments
- No new financial data or structural changes announced
Jim Cramer reiterated his positive view on Fox Corporation during a recent appearance, stating, 'I think that’s pretty cheap, too cheap,' pointing to the company’s current share price levels. The comments, while not based on new financial disclosures, reflect growing skepticism toward the stock’s current valuation despite its strong content pipeline and resilient ad revenue in 2025. FOX and FOXA traded near $34.50 per share in early March 2026, representing a 22% discount to their 52-week high of $44.20. The company’s trailing twelve-month revenue of $6.8 billion and adjusted EBITDA of $2.1 billion have remained stable, yet the market has priced in a risk premium due to regulatory scrutiny and shifting viewer habits. Cramer’s remarks suggest that investors may be overlooking the company’s upcoming streaming initiatives, including the expansion of Tubi’s ad-supported model. The stock’s forward price-to-earnings ratio of 11.8x is significantly below the S&P 500 media sector average of 16.3x, indicating potential for re-rating. Analysts note that Fox has consistently returned capital to shareholders through dividends and buybacks, distributing $740 million in shareholder returns in 2025 alone. Market impact appears limited to short-term sentiment shifts, with trading volumes increasing by 38% on the day of Cramer’s remarks. However, institutional investors have maintained neutral ratings, citing ongoing uncertainty around the company’s long-term streaming strategy. The commentary is expected to influence retail traders and momentum-focused funds rather than institutional positioning.