Fox Corporation (FOX) to Acquire Roku (ROKU) for $22B in Cash-and-Stock Deal

Maham Fatima

Tue, June 30, 2026 astatine 6:55 AM CDT 2 min read

​Fox Corporation (NASDAQ:FOX) is 1 of the undervalued stocks with precocious upside potential. On June 15, Fox Corporation announced a definitive statement to get Roku (NASDAQ:ROKU) successful a cash-and-stock transaction valued astatine astir $22 billion. The woody values Roku astatine $160 per share, uniting Fox's portfolio of unrecorded sports, news, and the Tubi streaming work with Roku's connected TV platform, which presently reaches implicit 100 cardinal planetary households.

This merger creates a scaled media and exertion entity positioned to capitalize connected the displacement toward streaming portion maintaining the spot of unrecorded broadcast content. By combining their respective streaming assets, Tubi and The Roku Channel, the caller enactment volition go 1 of the largest players successful the US tv marketplace by stock of viewing, operating crossed broadcast, cable, and streaming environments.

The companies person committed to maintaining Roku arsenic an open, partner-friendly level and ensuring wide organisation for ​Fox Corporation's (NASDAQ:FOX) content. Fox expects the acquisition to heighten its monetization capabilities and reach, portion assuring shareholders that its superior instrumentality programme and investment-grade recognition standing volition stay uninterrupted passim the integration.

​Fox Corporation (NASDAQ:FOX) operates arsenic a news, sports, and amusement institution successful the United States crossed its Cable Network Programming, Television, Credible, and The FOX Studio Lot segments.

While we admit the imaginable of FOX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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