News Corp's Class B shares reached a 52-week high of $35.32 on Tuesday, extending gains of 31% over the past six months and 19% year-to-date.
Fourth-quarter revenue for fiscal 2026 rose 11% year-over-year to $2.3 billion, exceeding Wall Street's forecast of $2.23 billion. Diluted earnings per share came in at $0.33, while adjusted earnings per share were $0.35. Total segment EBITDA increased 31% to $423 million.
Fiscal 2026 was described as a record year for the company, driven by improved profit margins and cash flow. The stock's valuation remains slightly above InvestingPro's fair-value estimate and is listed among the platform's most overvalued U.S. equities, despite trading near its 52-week peak.
