S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:FWONK

Formula One Group (FWONK) Stock Forecast, Price & News

$71.86
+0.73 (+1.03%)
(As of 06/2/2023 ET)
Compare
Today's Range
$71.13
$71.95
50-Day Range
$70.01
$75.06
52-Week Range
$50.00
$76.15
Volume
957,731 shs
Average Volume
818,921 shs
Market Capitalization
$16.84 billion
P/E Ratio
44.09
Dividend Yield
N/A
Price Target
$77.50

Formula One Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
7.8% Upside
$77.50 Price Target
Short Interest
Healthy
2.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$10.87 M Sold Last Quarter
Proj. Earnings Growth
152.27%
From $0.44 to $1.11 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Consumer Discretionary Sector

197th out of 269 stocks

Television Broadcasting Stations Industry

12th out of 14 stocks


FWONK stock logo

About Formula One Group (NASDAQ:FWONK) Stock

Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

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.

FWONK Stock News Headlines

Formula One: Popularity Driving Growth
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Formula One Group (NASDAQ:FWONK) PT Raised to $85.00
What Is the Formula for Calculating Free Cash Flow?
Formula One Group (NASDAQ:FWONK) CAO Sells $663,226.76 in Stock
FWONK Formula One Group
See More Headlines

FWONK Price History

FWONK Company Calendar

Last Earnings
5/05/2023
Today
6/04/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:FWONK
Fax
N/A
Employees
7,047
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$77.50
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$1.82 billion
Pretax Margin
73.21%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$6.92 per share
Book Value
$81.42 per share

Miscellaneous

Free Float
224,292,000
Market Cap
$16.84 billion
Optionable
Optionable
Beta
1.08

Key Executives

  • Gregory Ben Maffei
    President, Chief Executive Officer & Director
  • Brian J. Wendling
    Chief Financial & Accounting Officer
  • Ben Oren
    Treasurer & Senior Vice President
  • Craig Edward Troyer
    Vice President
  • Wade Haufschild
    Vice President













FWONK Stock - Frequently Asked Questions

Should I buy or sell Formula One Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last year. There are currently 1 sell rating, 1 hold rating and 5 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?

7 analysts have issued twelve-month price targets for Formula One Group's shares. Their FWONK share price forecasts range from $56.00 to $85.00. On average, they anticipate the company's share price to reach $77.50 in the next twelve months. This suggests a possible upside of 7.8% 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 start of the year. Since then, FWONK shares have increased by 20.2% and is now trading at $71.86.
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, August 4th 2023.
View our FWONK earnings forecast
.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONK) issued its quarterly earnings results on Friday, May, 5th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.43. The business had revenue of $381 million for the quarter, compared to analyst estimates of $373.42 million. Formula One Group had a trailing twelve-month return on equity of 2.58% and a net margin of 18.66%.

What is Formula One Group's stock symbol?

Formula One Group trades on the NASDAQ under the ticker symbol "FWONK."

Who are Formula One Group's major shareholders?

Formula One Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.30%), Bank of New York Mellon Corp (0.79%), New York State Common Retirement Fund (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Ameriprise Financial Inc. (0.16%) and California State Teachers Retirement System (0.12%). Insiders that own company stock include Andrea L Wong, Brian J Wendling, Gamco Investors, Inc Et Al, Gregory B Maffei, John C Malone and Malcolm Ian Grant Gilchrist.
View institutional ownership trends
.

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 $71.86.

How much money does Formula One Group make?

Formula One Group (NASDAQ:FWONK) has a market capitalization of $16.84 billion and generates $2.59 billion in revenue each year. The company earns $1.82 billion in net income (profit) each year or $1.63 on an earnings per share basis.

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 6/4/2023 by MarketBeat.com Staff

My Account -