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 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.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.
