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Formula One Group - FWONK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $82.80
  • Forecasted Upside: 15.22%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$71.86 As of 05/17/2024 01:00 AM ET
▲ +0.29 (0.41%)

This chart shows the closing price for FWONK by one month, three months, or twelve months.

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Analyst Price Target for FWONK

Analyst Price Target is $82.80
▲ +15.22% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Formula One Group in the last 3 months. The average price target is $82.80, with a high forecast of $92.00 and a low forecast of $70.00. The average price target represents a 15.22% upside from the last price of $71.86.

This chart shows the closing price for FWONK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 investment analysts is to moderate buy stock in Formula One Group. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/24/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/22/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/23/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/21/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/19/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/17/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/18/2023Morgan StanleyDowngradeOverweight ➝ Equal Weight$80.00 ➝ $70.00Low
9/6/2023Rosenblatt SecuritiesBoost TargetBuy ➝ Buy$81.00 ➝ $82.00Low
9/5/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$84.00Low
8/7/2023Pivotal ResearchBoost Target$85.00 ➝ $92.00Low
8/3/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$87.00Low
7/6/2023JPMorgan Chase & Co.Boost Target$78.00 ➝ $86.00Low
5/9/2023GuggenheimBoost Target$75.00 ➝ $82.00Low
4/23/2023Seaport Res PtnReiterated RatingBuyLow
4/17/2023Pivotal ResearchBoost TargetBuy$82.00 ➝ $85.00Low
4/14/2023Rosenblatt SecuritiesBoost TargetBuy$81.00 ➝ $84.00Low
3/9/2023JPMorgan Chase & Co.Boost TargetOverweight$75.00 ➝ $78.00Low
3/2/2023Morgan StanleyBoost TargetOverweight$75.00 ➝ $80.00Low
3/2/2023Pivotal ResearchBoost Target$70.00 ➝ $82.00Low
2/24/2023Wolfe ResearchInitiated CoveragePeer PerformLow
11/7/2022Rosenblatt SecuritiesLower TargetBuy$76.00 ➝ $68.00Low
10/20/2022Rosenblatt SecuritiesLower Target$76.00Low
8/9/2022Morgan StanleyBoost TargetOverweight$72.00 ➝ $75.00Low
8/8/2022BarclaysBoost TargetUnderweight$50.00 ➝ $56.00Low
8/8/2022Pivotal ResearchBoost Target$75.00 ➝ $77.00Low
6/15/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$65.00 ➝ $72.00High
4/25/2022Rosenblatt SecuritiesInitiated CoverageBuy$81.00High
4/21/2022JPMorgan Chase & Co.Boost Target$65.00 ➝ $77.00Low
2/23/2022JPMorgan Chase & Co.Boost TargetOverweight$60.00 ➝ $65.00High
1/26/2022Morgan StanleyBoost TargetEqual Weight$55.00 ➝ $58.00High
11/1/2021JPMorgan Chase & Co.Boost TargetOverweight$51.00 ➝ $60.00High
9/3/2021Pivotal ResearchReiterated RatingBuy$60.00Low
7/28/2021Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $50.00Low
7/15/2021The Goldman Sachs GroupInitiated CoverageNeutral$48.00Low
7/6/2021BarclaysBoost TargetUnderweight$37.00 ➝ $38.00Medium
5/6/2021Morgan StanleyBoost TargetEqual Weight$44.00 ➝ $46.00Low
3/2/2021Pivotal ResearchBoost TargetBuy$50.00 ➝ $53.00Low
1/11/2021BarclaysInitiated CoverageUnderweightHigh
11/6/2020Morgan StanleyBoost TargetEqual Weight$42.00 ➝ $44.00Low
10/28/2020B. RileyBoost TargetPositive ➝ Buy$43.00 ➝ $46.00High
9/30/2020Berenberg BankInitiated CoverageBuyMedium
9/3/2020Morgan StanleyBoost TargetEqual Weight$32.00 ➝ $42.00Medium
8/10/2020Pivotal ResearchReiterated RatingBuy$44.00High
6/30/2020B. RileyReiterated RatingBuy$39.00Medium
5/19/2020Pivotal ResearchBoost TargetBuy$35.00 ➝ $42.00Low
5/8/2020Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $32.00Medium
4/10/2020Pivotal ResearchReiterated RatingBuy$35.00N/A
3/18/2020B. RileyLower TargetBuy$47.00 ➝ $39.00High
3/3/2020B. RileyLower TargetBuy$51.00 ➝ $47.00Low
12/13/2019Morgan StanleyBoost TargetOverweight$48.00 ➝ $52.00Low
8/15/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$38.00 ➝ $50.00Low
(Data available from 5/18/2019 forward)

News Sentiment Rating

1.19 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/20/2023
  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/19/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2024
  • 2 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/17/2024
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/18/2024
  • 15 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/17/2024
  • 12 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/17/2024

Current Sentiment

  • 12 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Formula One Group logo
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Read More

Today's Range

Now: $71.86
Low: $71.26
High: $72.22

50 Day Range

MA: $68.81
Low: $65.54
High: $72.07

52 Week Range

Now: $71.86
Low: $60.95
High: $78.58

Volume

1,397,142 shs

Average Volume

1,118,526 shs

Market Capitalization

$16.89 billion

P/E Ratio

52.45

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Formula One Group?

The following Wall Street analysts have issued research reports on Formula One Group in the last year: JPMorgan Chase & Co., Morgan Stanley, Pivotal Research, Rosenblatt Securities, StockNews.com, and Wolfe Research.
View the latest analyst ratings for FWONK.

What is the current price target for Formula One Group?

5 Wall Street analysts have set twelve-month price targets for Formula One Group in the last year. Their average twelve-month price target is $82.80, suggesting a possible upside of 15.2%. Pivotal Research has the highest price target set, predicting FWONK will reach $92.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $70.00 for Formula One Group in the next year.
View the latest price targets for FWONK.

What is the current consensus analyst rating for Formula One Group?

Formula One Group currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for FWONK.

What other companies compete with Formula One Group?

Other companies that are similar to Formula One Group include News, FOX, Formula One Group, Snap-on and Pool. Learn More about companies similar to Formula One Group.

How do I contact Formula One Group's investor relations team?

Formula One Group's physical mailing address is 12300 Liberty Boulevard, Englewood CO, 80112. The company's listed phone number is (720) 875-5400. The official website for Formula One Group is www.libertymedia.com. Learn More about contacing Formula One Group investor relations.