Fox Corporation is a buy based on accelerating fundamentals, deeply discounted valuation, and strong insider alignment ahead of the FIFA World Cup 2026 catalyst. TTM revenue of $16.3B and free cash flow of $2.99B represent significant growth from FY2022, driving trailing P/E to just 14.2x, a 94% discount to the peer median. CEO Lachlan Murdoch, CFO, COO, and other insiders collectively acquired over $14M in equity in August 2025 through options and performance units at $54.03, signaling management conviction. Upcoming World Cup broadcast rights position FOXA for a cyclical advertising uplift that is not reflected in the current valuation.