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Fox‑Roku merger review, Netflix buyback, outlook, shares dip
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2026-07-25 23:10 UTC → 2026-07-27 13:12 UTC ·
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Fox‑Roku merger review, Netflix outlook cut, buyback, outlook, shares slide dip
The Fox‑Roku combination announced in mid‑June 2026 remains pending awaiting antitrust clearance, with the parties targeting a first‑half‑2027 close. Democratic lawmakers, led by Sen. Elizabeth Warren, asked the DOJ on July 17 for an independent review, warning the deal could give Fox‑owned Tubi an advantage over Roku and hurt free‑streaming competition. Fox has pledged to keep Roku an open, partner‑friendly platform. Tubi named former Fox CTO Paul Cheesbrough CEO of the newly formed Tubi Media Group and launched a SiriusXM video‑podcast partnership for its roughly 100 million monthly active users. Netflix reported second‑quarter 2026 revenue of $12.56 billion and EPS of $0.80, marginally narrowly beating estimates but missing revenue forecasts. Operating margin slipped to 33.4 %. The company projected third‑quarter executed a record‑size $5 billion share repurchase program, the largest in its history, and raised its authorized buyback ceiling to $27 billion. Management reaffirmed its 2026 revenue outlook of $12.86 billion, below Wall Street consensus, $51‑$51.4 billion and announced a shift of its “What We Watched” viewership report 31.5 % operating‑margin target, while projecting ad‑supported tier advertising revenue to annual releases. The softer outlook pushed reach $3 billion by year‑end. Price hikes in the United States and Mexico were cited as successful. Despite the aggressive capital return, the stock down 8‑9% since fell 8‑9 % on the earnings release, trading in the $60‑$70 range release and off is down about 28% 48 % from its one‑year high. 2022 peak. Analysts note revenue grew 13% year‑over‑year, operating margin stayed near 33%, and ad revenue continued to rise, but growth is slowing. While remain divided, with price targets range from $95 to $109 and many maintain buy ratings, technical analysis points to a key support level ranging near $64. Investors remain cautious as $750 while some warn of slowing subscriber engagement and reduced transparency after Netflix seeks new growth levers amid a bearish market sentiment. stopped reporting detailed subscriber metrics.
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- 2026-07-27 13:12 UTC Fox‑Roku merger review, Netflix buyback, outlook, shares dip
- 2026-07-25 23:10 UTC Fox‑Roku merger review, Netflix outlook cut, shares slide
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