Formula One Group - Series A (FWONA)

Market Cap	28.47B
Revenue (ttm)	12.72B
Net Income (ttm)	949.00M
Shares Out	433.51M
EPS (ttm)	1.52
PE Ratio	43.30
Forward PE	71.81
Dividend	$1.23 (1.87%)
Ex-Dividend Date	Jul 20, 2023

Volume	229,865
Open	64.85
Previous Close	65.00
Day's Range	64.47 - 66.13
52-Week Range	55.08 - 70.82
Beta	1.07
Analysts	Strong Buy
Price Target	77.75 (+18.13%)
Earnings Date	May 8, 2024

About FWONA

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. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams a...

• Industry: Entertainment
• Sector: Communication Services
• Founded: 1950
• Employees: 6,486
• Stock Exchange: NASDAQ
• Ticker Symbol: FWONA

Financial Performance

In 2023, FWONA's revenue was $12.53 billion, an increase of 2.97% compared to the previous year's $12.16 billion. Earnings were $761.00 million, a decrease of -58.07%.

Analyst Forecast

According to 4 analysts, the average rating for FWONA stock is "Strong Buy." The 12-month stock price forecast is $77.75, which is an increase of 18.13% from the latest price.

Price Target

$77.75

(18.13% upside)

Analyst Consensus: Strong Buy