NASDAQ:FWONK Formula One Group (FWONK) Stock Forecast, Price & News $62.30 +0.62 (+1.01%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$61.73▼$63.3250-Day Range$61.45▼$74.1352-Week Range$60.95▼$78.58Volume721,888 shsAverage Volume918,403 shsMarket Capitalization$14.61 billionP/E RatioN/ADividend YieldN/APrice Target$85.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Formula One Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.2% Upside$85.50 Price TargetShort InterestHealthy1.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.07Based on 3 Articles This WeekInsider TradingSelling Shares$20.10 M Sold Last QuarterProj. Earnings Growth60.00%From $0.60 to $0.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsConsumer Discretionary Sector80th out of 269 stocks 3.5 Analyst's Opinion Consensus RatingFormula One Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.50, Formula One Group has a forecasted upside of 37.2% from its current price of $62.30.Amount of Analyst CoverageFormula One Group has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.56% of the float of Formula One Group has been sold short.Short Interest Ratio / Days to CoverFormula One Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Formula One Group has recently decreased by 4.53%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldFormula One Group does not currently pay a dividend.Dividend GrowthFormula One Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWONK. Previous Next 3.4 News and Social Media Coverage News SentimentFormula One Group has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Formula One Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for FWONK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Formula One Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Formula One Group insiders have sold 300.61% more of their company's stock than they have bought. Specifically, they have bought $5,017,980.00 in company stock and sold $20,102,637.00 in company stock.Percentage Held by InsidersOnly 4.31% of the stock of Formula One Group is held by insiders.Percentage Held by InstitutionsOnly 0.18% of the stock of Formula One Group is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Formula One Group are expected to grow by 60.00% in the coming year, from $0.60 to $0.96 per share. Previous Next See Top Rated MarketRank™ Stocks Here About Formula One Group (NASDAQ:FWONK) StockFormula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the 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. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.Read More FWONK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FWONK Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comFormula One Group (NASDAQ:FWONK) Given Average Rating of "Buy" by AnalystsSeptember 10, 2023 | msn.comFormula One Group: Valuation May Be Full HereSeptember 30, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 6, 2023 | markets.businessinsider.comRosenblatt Securities Keeps Their Buy Rating on Liberty Media Liberty Formula One (FWONK)September 6, 2023 | markets.businessinsider.comRosenblatt Maintains Buy Rating for Liberty Formula One Group: Here's What You Need To KnowAugust 2, 2023 | finance.yahoo.comFerrari stock reverses despite boosted guidance, higher 'personalizations' spendingJuly 21, 2023 | fool.comFormula One Group (NASDAQ: FWON.K)July 10, 2023 | msn.comFormula One: Three things we learned from the British Grand PrixSeptember 30, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...July 8, 2023 | msn.comThe genius invention that changed Formula One for the betterJune 26, 2023 | msn.comRyan Reynolds and Rob McElhenney Buy Stake in Formula One Racing TeamJune 26, 2023 | msn.comRyan Reynolds, Rob McElhenney invest in Alpine Formula One teamJune 24, 2023 | yahoo.comTwo Formula 1 Teams Believed to Be in Picture for IndyCar champ Alex PalouJune 15, 2023 | msn.comFormula One Group: Positive Growth Outlook Means It's A BuyMay 26, 2023 | seekingalpha.comFormula One: Popularity Driving GrowthMay 6, 2023 | msn.comFormula 1's Miami Grand Prix brings 'pretty sick' vibes in second yearMay 6, 2023 | news.yahoo.comFormula 1 Teams Fear Adding to Their Ranks Could “Dilute” IncomeMay 5, 2023 | msn.comWill.I.Am Launches Formula 1 Partnership Via Tag-Team Single With Lil WayneMay 5, 2023 | finance.yahoo.comLiberty Media Corporation Reports First Quarter 2023 Financial ResultsApril 25, 2023 | finance.yahoo.comFormula 1® and Custom Events from WSJ To Host Inaugural F1 Accelerate SummitMarch 29, 2023 | investopedia.comWhat Is the Formula for Calculating Free Cash Flow?March 26, 2023 | seekingalpha.comFWONK Formula One GroupMarch 25, 2023 | yahoo.comFormula E race six: Talking points as title favourites chase Pascal Wehrlein in Brazil debutMarch 19, 2023 | yahoo.comThe Best Formula 1 Merch for Racing Obsessives, From Team Polos to Model CarsMarch 10, 2023 | finance.yahoo.comShould You Short The Liberty SiriusXM Group (LSXMA) Stock?March 3, 2023 | seekingalpha.comFormula One Group: Gentlemen, Start Your EnginesMarch 2, 2023 | finance.yahoo.comFormula One Group: F1 Reports In-Line End to 2022; 2024 Race Schedule Likely To Feature 25 RacesSee More Headlines Receive FWONK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Formula One Group and its competitors with MarketBeat's FREE daily newsletter. Email Address FWONK Company Calendar Last Earnings2/25/2021Today9/30/2023Next Earnings (Estimated)11/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry N/A Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:FWONK CUSIPN/A CIK1560385 Webwww.libertymedia.com Phone(720) 875-5400FaxN/AEmployees7,047Year FoundedN/APrice Target and Rating Average Stock Price Forecast$85.50 High Stock Price Forecast$92.00 Low Stock Price Forecast$82.00 Forecasted Upside/Downside+37.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares234,560,000Free Float224,448,000Market Cap$14.61 billion OptionableOptionable BetaN/A 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Stefano Domenicali (Age 58)Pres & CEO Key CompetitorsParamount GlobalNASDAQ:PARAPRokuNASDAQ:ROKUWorld Wrestling EntertainmentNYSE:WWESnapNYSE:SNAPPinterestNYSE:PINSView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 8,056 shares on 8/21/2023Ownership: 0.120%Gregory B. MaffeiSold 5,182 sharesTotal: $170,073.24 ($32.82/share)John C MaloneSold 41,154 sharesTotal: $2.88 M ($70.02/share)Citadel Advisors LLCBought 2,500 shares on 8/15/2023Ownership: 0.000%Walleye Trading LLCSold 14,400 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FWONK Stock - Frequently Asked Questions Should I buy or sell Formula One Group stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FWONK shares. View FWONK analyst ratings or view top-rated stocks. What is Formula One Group's stock price forecast for 2023? 6 brokerages have issued 1 year price objectives for Formula One Group's shares. Their FWONK share price forecasts range from $82.00 to $92.00. On average, they expect the company's share price to reach $85.50 in the next twelve months. This suggests a possible upside of 37.2% from the stock's current price. View analysts price targets for FWONK or view top-rated stocks among Wall Street analysts. How have FWONK shares performed in 2023? Formula One Group's stock was trading at $59.78 at the beginning of 2023. Since then, FWONK shares have increased by 4.2% and is now trading at $62.30. View the best growth stocks for 2023 here. When is Formula One Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023. View our FWONK earnings forecast. How were Formula One Group's earnings last quarter? Formula One Group (NASDAQ:FWONK) released its quarterly earnings data on Thursday, February, 25th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.25. The company had revenue of $485 million for the quarter, compared to analyst estimates of $664.58 million. What ETFs hold Formula One Group's stock? ETFs with the largest weight of Formula One Group (NASDAQ:FWONK) stock in their portfolio include Cambiar Aggressive Value ETF (CAMX), Invesco Leisure and Entertainment ETF (PEJ), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), VictoryShares Nasdaq Next 50 ETF (QQQN), Corbett Road Tactical Opportunity ETF (OPPX), First Trust US Equity Opportunities ETF (FPX), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). What is Formula One Group's stock symbol? Formula One Group trades on the NASDAQ under the ticker symbol "FWONK." How do I buy shares of Formula One Group? Shares of FWONK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Formula One Group's stock price today? One share of FWONK stock can currently be purchased for approximately $62.30. How much money does Formula One Group make? Formula One Group (NASDAQ:FWONK) has a market capitalization of $14.61 billion. How many employees does Formula One Group have? The company employs 7,047 workers across the globe. How can I contact Formula One Group? Formula One Group's mailing address is 12300 Liberty Boulevard, Englewood CO, 80112. The official website for the company is www.libertymedia.com. The company can be reached via phone at (720) 875-5400. This page (NASDAQ:FWONK) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Formula One Group Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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