Liberty Media Corp-Liberty Formula One

Liberty Media Corp-Liberty Formula One Stock Forecast & Price Prediction

Live Liberty Media Corp-Liberty Formula One Stock (FWONK) Price
$90.47

12

Ratings

  • Buy 9
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$90.47

P/E Ratio

78.67

Volume Traded Today

$917,446

Dividend

Dividends not available for FWONK

52 Week High/low

94.84/61.44

Liberty Media Corp-Liberty Formula One Market Cap

$22.28B

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FWONK Summary

From what 12 stock analysts predict, the share price for Liberty Media Corp-Liberty Formula One (FWONK) might increase by 6.89% in the next year. This is based on a 12-month average estimation for FWONK. Price targets go from $85 to $125. The majority of stock analysts believe FWONK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

FWONK Analyst Ratings

Liberty Media Corp-Liberty Formula One has a total of 12 Wall St Analyst ratings. There are 9 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Liberty Media Corp-Liberty Formula One will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

FWONK stock forecast by analyst

These are the latest 20 analyst ratings of FWONK.

Analyst/Firm

Rating

Price Target

Change

Date

David Joyce
Seaport Global

Neutral


Downgrade

Dec 4, 2024
Barton Crockett
Rosenblatt

Buy

$93

Maintains

Nov 8, 2024
Benjamin Swinburne
Morgan Stanley

Equal-Weight

$85

Maintains

Sep 23, 2024
Benjamin Swinburne
Morgan Stanley

Equal-Weight

$80

Maintains

Aug 9, 2024
Vijay Jayant
Evercore ISI Group

Outperform

$90

Maintains

Jun 4, 2024
Vijay Jayant
Evercore ISI Group

Outperform

$85

Maintains

Mar 11, 2024
Benjamin Swinburne
Morgan Stanley

Equal-Weight

$70

Downgrade

Dec 18, 2023

Citigroup

Buy


Upgrade

Oct 6, 2023

Rosenblatt

Buy


Maintains

Sep 6, 2023

Wolfe Research

Outperform


Upgrade

Sep 5, 2023

Benchmark

Buy


Reiterates

Aug 8, 2023

Morgan Stanley

Overweight


Reiterates

Aug 3, 2023

TD Cowen

Outperform


Initiates

Jun 5, 2023

Benchmark

Buy


Reiterates

May 31, 2023
Benjamin Swinburne
Morgan Stanley

Overweight

$87

Maintains

May 9, 2023

Goldman Sachs

Neutral

$68

Maintains

Apr 18, 2023
Jeffrey Wlodarczak
Pivotal Research

Buy

$85

Maintains

Apr 17, 2023
Barton Crockett
Rosenblatt

Buy

$84

Maintains

Apr 14, 2023

Benchmark

Buy


Reiterates

Mar 29, 2023
David Karnovsky
JP Morgan

Overweight

$78

Maintains

Mar 9, 2023

FWONK Company Information

What They Do: Engages in the global motorsports business.

Business Model: The company generates revenue primarily through the commercial rights of the FIA Formula One world championship. This includes earnings from broadcasting rights, sponsorships, and ticket sales for races. Additionally, it offers hospitality services through the Formula 1 Paddock Club and provides logistical support to racing teams and third parties.

Other Information: Founded in 1950 and based in Englewood, Colorado, Formula One Group operates as a subsidiary of Liberty Media Corporation. Its long-standing history and international presence make it a significant player in the motorsports industry.
FWONK
Liberty Media Corp-Liberty Formula One (FWONK)

When did it IPO

2014

Staff Count

0

Country

United States

Sector/Industry

Communication Services/Entertainment

CEO

Mr. Stefano Domenicali

Market Cap

$22.28B

Liberty Media Corp-Liberty Formula One (FWONK) Financial Data

In 2023, FWONK generated $3.22B in revenue, which was a increase of 25.22% from the previous year. This can be seen as a signal that FWONK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.15B

Revenue From 2021

$2.14B

86.55 %
From Previous Year

Revenue From 2022

$2.57B

20.46 %
From Previous Year

Revenue From 2023

$3.22B

25.22 %
From Previous Year
  • Revenue TTM $3.71B
  • Operating Margin TTM 12.5%
  • Gross profit TTM $982.0M
  • Return on assets TTM 2.3%
  • Return on equity TTM 4.0%
  • Profit Margin 7.5%
  • Book Value Per Share 32.41%
  • Market capitalisation $22.28B
  • Revenue for 2021 $2.14B
  • Revenue for 2022 $2.57B
  • Revenue for 2023 $3.22B
  • EPS this year (TTM) $1.15

Liberty Media Corp-Liberty Formula One (FWONK) Latest News

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Reuters

Summary - Liberty Media's takeover of MotoGP's parent company Dorna will be evaluated by EU antitrust regulators, with a decision expected by December 19.

Why It Matters - The EU's decision on Liberty Media's takeover of Dorna could impact market dynamics in motorsports, affecting revenues, competition, and investment opportunities in both Formula One and MotoGP.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - Greg Maffei, CEO of Liberty Media, announced his decision to step down as CEO and discussed future plans and insights regarding the Liberty Broadband deal during a recent interview.

Why It Matters - Maffei's departure could signal shifts in Liberty Media's strategy, impacting stock performance and investor sentiment, while insights on the Broadband deal may affect future valuations.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - John Malone, chairman of Liberty Media, discussed the future of Liberty Media's ownership of Formula One and insights into the company's next generation on 'Squawk on the Street'.

Why It Matters - John Malone's insights on Liberty Media's strategy for Formula One could indicate future growth and profitability, influencing investor sentiment and stock performance.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - CNBC

Summary - Liberty Media is spinning off assets excluding Formula One into a new publicly traded company, Liberty Live. CEO Greg Maffei will resign at the end of the year.

Why It Matters - The spinoff may unlock value for shareholders by focusing on high-growth Formula One, while leadership changes could impact strategy and investor confidence.

News Image

Wed, 13 Nov 2024

Sentiment - NEGATIVE

Source - CNBC Television

Summary - David Faber from CNBC provided the latest updates on 'Squawk Box,' though specific details were not mentioned in the excerpt.

Why It Matters - David Faber's updates on 'Squawk Box' can influence market sentiment, providing insights that may affect stock prices and investment strategies.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Investopedia

Summary - Liberty Media plans to spin off most of its entertainment assets, excluding Formula One, into a new entity called Liberty Live. CEO Greg Maffei will step down.

Why It Matters - The spin-off of entertainment assets could unlock value for shareholders, while a leadership change may impact company strategy and investor confidence.

...

FWONK Frequently asked questions

The highest forecasted price for FWONK is $125 from at .

The lowest forecasted price for FWONK is $85 from Jeffrey Wlodarczak from Pivotal Research

The FWONK analyst ratings consensus are 9 buy ratings, 3 hold ratings, and 0 sell ratings.