News Corporation (NWSA) PT Lowered to $39 from $40 by Citi

News Corporation (NASDAQ:NWSA) is one of the most promising low-cost stocks to buy now. On February 9, Citi lowered its price target on News Corporation to $39 from $40 and kept a Buy rating. Earlier on February 6, Morgan Stanley lowered its price target on the stock to $32.40 from $38 while maintaining an Overweight rating. Following the company’s first-half FY 2026 results, the firm updated its estimates but noted there is no change to its fundamental positive thesis.

NWSA recently released its FQ2 2026 earnings report, reporting a 6% revenue increase to $2.4 billion and a 9% expansion in total segment EBITDA to $521 million. While net income from continuing operations fell 21% to $242 million, driven by an absence of a one-time $87 million gain from the prior year; adjusted EPS rose to $0.40, and profitability margins improved to 22.1%.

Performance was led by the Dow Jones and Digital Real Estate segments, with both segments witnessing double-digit profit growth. This included record digital advertising revenue of $87 million at Dow Jones and a 10% revenue increase at Realtor.com. Conversely, the News Media segment saw flat revenues and a 5% decline in EBITDA due to a challenging print advertising market. Book Publishing grew 6% to $633 million but was impacted by a $16 million one-time inventory charge at HarperCollins.

News Corporation (NWSA) PT Lowered to $39 from $40 by Citi

News Corporation (NASDAQ:NWSA) is a media and information services company that creates and distributes authoritative and engaging content, and other products and services. It has five segments: Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other.

While we acknowledge the potential of NWSA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NWSA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.