Seaport Res Ptn Has Optimistic Outlook of FWONK Q2 Earnings

Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Free Report) - Analysts at Seaport Res Ptn increased their Q2 2026 EPS estimates for shares of Liberty Media Corporation - Liberty Formula One Series C in a report issued on Sunday, September 28th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $0.72 per share for the quarter, up from their previous estimate of $0.69. The consensus estimate for Liberty Media Corporation - Liberty Formula One Series C's current full-year earnings is $1.36 per share. Seaport Res Ptn also issued estimates for Liberty Media Corporation - Liberty Formula One Series C's Q3 2026 earnings at $0.59 EPS and FY2026 earnings at $1.16 EPS.

A number of other brokerages have also issued reports on FWONK. Rosenblatt Securities increased their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $102.00 to $107.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Guggenheim increased their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $104.00 to $120.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Sanford C. Bernstein upgraded shares of Liberty Media Corporation - Liberty Formula One Series C to a "hold" rating in a research report on Wednesday, June 4th. JPMorgan Chase & Co. increased their target price on shares of Liberty Media Corporation - Liberty Formula One Series C from $108.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Finally, Zacks Research lowered shares of Liberty Media Corporation - Liberty Formula One Series C from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $111.22.

Liberty Media Corporation - Liberty Formula One Series C Stock Down 0.6%

NASDAQ FWONK opened at $104.28 on Tuesday. The company has a market capitalization of $23.32 billion, a P/E ratio of 102.24 and a beta of 0.46. Liberty Media Corporation - Liberty Formula One Series C has a 12-month low of $74.34 and a 12-month high of $106.26. The firm has a 50-day moving average price of $100.98 and a two-hundred day moving average price of $96.27.

Liberty Media Corporation - Liberty Formula One Series C (NASDAQ:FWONK - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.71. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion.

Insider Buying and Selling

In related news, Director Malcolm Ian Grant Gilchrist sold 3,885 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $102.44, for a total value of $397,979.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 5,651 shares of company stock valued at $572,250.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc lifted its position in shares of Liberty Media Corporation - Liberty Formula One Series C by 1,378.8% during the first quarter. Versant Capital Management Inc now owns 2,159 shares of the company's stock valued at $194,000 after purchasing an additional 2,013 shares in the last quarter. Praxis Investment Management Inc. lifted its position in shares of Liberty Media Corporation - Liberty Formula One Series C by 10.7% during the first quarter. Praxis Investment Management Inc. now owns 9,870 shares of the company's stock valued at $888,000 after purchasing an additional 950 shares in the last quarter. GW&K Investment Management LLC bought a new position in shares of Liberty Media Corporation - Liberty Formula One Series C during the first quarter valued at about $25,000. HighPoint Advisor Group LLC lifted its position in shares of Liberty Media Corporation - Liberty Formula One Series C by 22.3% during the first quarter. HighPoint Advisor Group LLC now owns 4,278 shares of the company's stock valued at $382,000 after purchasing an additional 779 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Liberty Media Corporation - Liberty Formula One Series C by 22.7% during the first quarter. Russell Investments Group Ltd. now owns 128,702 shares of the company's stock valued at $11,570,000 after purchasing an additional 23,809 shares in the last quarter. 92.26% of the stock is owned by institutional investors.

About Liberty Media Corporation - Liberty Formula One Series C

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.

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