Formula One Group

FWONA · NASDAQ

$84.66+$2.27 (+2.76%)TodayMarket closed · Oct 20, 4:10 PM ET

Prev close $82.39

FWONA analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 13 analysts

Average $119.34 (+41.0% upside)

Low: $101.00
Now: $84.66
High: $140.70

Upgrades and downgrades

The latest rating actions, newest first

FWONA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Guggenheim	Aug 17, 2026	Maintains	Buy	$116.00 → $124.00	45%
Citizens	Jul 2, 2026	Maintains	Market Outperform	$100.00 → $120.00	48%
Citigroup	May 11, 2026	Maintains	Buy	$95.00 → $100.00	60%
Citizens	Mar 30, 2026	Initiates	Market Outperform	$100.00	48%
Citigroup	Mar 25, 2026	Maintains	Buy	$100.00 → $95.00	60%

The case for and against

Updated Nov 28, 2025

Bull case

Liberty Media Corp's portfolio includes valuable assets in media and entertainment, particularly through the success of the F1 game series, which is enhancing its virtual reality performance for platforms like PlayStation VR 2 and Quest 3. The recent release of the F1 25 video game has received positive reviews, showcasing significant advancements in visual quality and AI enhancements that may contribute to increased consumer engagement. Furthermore, the noteworthy improvements in the gameplay experience, exemplified by the Vegas Grand Prix in F1 25, suggest a promising trajectory for long-term revenue growth as immersive gaming experiences gain traction.

Bear case

Liberty Media's financial outlook is compromised by potential performance gaps between teams, which could impact viewer engagement and sponsorship revenues. The company's reliance on consistent performance and competitive balance in racing, particularly in avoiding OEM dominance, is jeopardized by the evolving dynamics in active aerodynamics and electric power. As these factors threaten to diminish the appeal of the race experience, they may lead to suboptimal revenue growth and financial shortfalls moving forward.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.