Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK) Posts Quarterly Earnings Results, Misses Estimates By $0.22 EPS

Key Points

• Quarterly results missed expectations: FWONK reported earnings of $0.02 per share versus the $0.24 consensus estimate, while revenue of $934 million came in below analysts’ $952.78 million forecast.
• Shares rose 3.2% to $102.85 despite the earnings miss. Analysts maintained a generally positive outlook, with an average “Moderate Buy” rating and a $116.50 price target, although one firm downgraded the stock to “strong sell.”
• Insiders reduced their holdings: Director Chase Carey and insider Renee L. Wilm sold shares in recent transactions, while institutional investors collectively own 92.26% of the company.

Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.22), Zacks reports. The firm had revenue of $934.00 million during the quarter, compared to analyst estimates of $952.78 million.

Liberty Media Corporation - Liberty Formula One Series C Trading Up 3.2%

Shares of NASDAQ:FWONK traded up $3.16 during mid-day trading on Friday, reaching $102.85. The stock had a trading volume of 2,170,043 shares, compared to its average volume of 2,016,353. The business's 50 day moving average price is $94.78 and its 200 day moving average price is $90.13. Liberty Media Corporation - Liberty Formula One Series C has a 1 year low of $80.15 and a 1 year high of $109.36. The company has a market cap of $23.05 billion, a P/E ratio of 151.25 and a beta of 0.43.

Wall Street Analysts Forecast Growth

FWONK has been the topic of several recent analyst reports. Wall Street Zen downgraded Liberty Media Corporation - Liberty Formula One Series C from a "hold" rating to a "strong sell" rating in a research note on Saturday. UBS Group lifted their price objective on shares of Liberty Media Corporation - Liberty Formula One Series C from $104.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday. JPMorgan Chase & Co. boosted their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $124.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday. Wells Fargo & Company upped their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $97.00 to $105.00 and gave the stock an "equal weight" rating in a research report on Friday. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Liberty Media Corporation - Liberty Formula One Series C in a research report on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Liberty Media Corporation - Liberty Formula One Series C has an average rating of "Moderate Buy" and an average price target of $116.50.

Insider Activity at Liberty Media Corporation - Liberty Formula One Series C

In other Liberty Media Corporation - Liberty Formula One Series C news, insider Renee L. Wilm sold 11,597 shares of Liberty Media Corporation - Liberty Formula One Series C stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $90.09, for a total value of $1,044,773.73. Following the sale, the insider owned 15,590 shares of the company's stock, valued at $1,404,503.10. The trade was a 42.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Chase Carey sold 100,000 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $90.28, for a total value of $9,028,000.00. Following the sale, the director directly owned 94,356 shares in the company, valued at $8,518,459.68. This trade represents a 51.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 4.31% of the company's stock.

Institutional Investors Weigh In On Liberty Media Corporation - Liberty Formula One Series C

A number of hedge funds have recently bought and sold shares of the business. Zions Bancorporation National Association UT lifted its position in Liberty Media Corporation - Liberty Formula One Series C by 172.5% during the fourth quarter. Zions Bancorporation National Association UT now owns 297 shares of the company's stock valued at $29,000 after purchasing an additional 188 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Liberty Media Corporation - Liberty Formula One Series C in the 3rd quarter worth about $34,000. Headlands Technologies LLC purchased a new stake in shares of Liberty Media Corporation - Liberty Formula One Series C during the 2nd quarter valued at about $38,000. Osterweis Capital Management Inc. purchased a new stake in shares of Liberty Media Corporation - Liberty Formula One Series C during the 2nd quarter valued at about $39,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in shares of Liberty Media Corporation - Liberty Formula One Series C by 70.0% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 425 shares of the company's stock valued at $42,000 after acquiring an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 92.26% of the company's stock.

More Liberty Media Corporation - Liberty Formula One Series C News

Here are the key news stories impacting Liberty Media Corporation - Liberty Formula One Series C this week:

• Positive Sentiment: JPMorgan raised its price target from $124 to $125 and maintained an overweight rating, implying substantial upside and signaling continued confidence in Formula One’s long-term growth prospects. Benzinga analyst update
• Positive Sentiment: UBS increased its price target from $104 to $110. Although it retained a neutral rating, the higher valuation suggests improved expectations for FWONK’s earnings or business outlook. Benzinga analyst update
• Positive Sentiment: Wells Fargo lifted its target from $97 to $105 while maintaining an equal-weight rating. The revision provides modest upside support despite a cautious overall stance. Benzinga analyst update
• Neutral Sentiment: Liberty Media reported its second-quarter 2026 financial and operating results and discussed them during its earnings call. The available reports did not provide additional details beyond the earnings figures. Second-quarter financial and operating results
• Negative Sentiment: Second-quarter earnings and revenue missed analyst expectations. FWONK reported adjusted earnings of $0.02 per share versus estimates ranging from $0.16 to $0.24, while revenue of $934 million fell short of the approximately $953 million consensus. Earnings also declined sharply from $1.52 per share a year earlier, creating a fundamental headwind for the stock. Zacks second-quarter earnings report

Liberty Media Corporation - Liberty Formula One Series C Company Profile

Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK is a tracking stock that represents Liberty Media's economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world's largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.

The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.

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