Liberty Media Corp. (FWONA)
Market Cap | 14.75B |
Revenue (ttm) | 12.10B |
Net Income (ttm) | 1.22B |
Shares Out | 257.56M |
EPS (ttm) | 1.92 |
PE Ratio | 29.83 |
Forward PE | 41.32 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 87,787 |
Open | 56.73 |
Previous Close | 57.33 |
Day's Range | 56.73 - 58.00 |
52-Week Range | 50.48 - 70.82 |
Beta | 1.08 |
Analysts | Strong Buy |
Price Target | 79.33 (+38.5%) |
Earnings Date | Nov 3, 2023 |
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... [Read more]
Financial Performance
In 2022, Liberty Media's revenue was $12.16 billion, an increase of 6.70% compared to the previous year's $11.40 billion. Earnings were $1.82 billion, an increase of 356.03%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FWONA stock is "Strong Buy." The 12-month stock price forecast is $79.33, which is an increase of 38.50% from the latest price.
News

Las Vegas GP and Formula 1 peak: is FWONA stock a good buy?
The biggest Formula 1 race of the year is off to a disappointing start. The Las Vegas GP is seeing weaker demand than expected, leading to a sharp decline of ticket prices.
Formula 1 Interest Exploding in US, Maffei Says
Liberty Media President and CEO Greg Maffei says the planned Formula 1 night race that will run down the Las Vegas Strip will be "iconic." He speaks with Scarlet Fu and Katie Greifeld on "Bloomberg Ma...
'Inside Track: The Business of Formula 1' premieres tonight
CNBC's Contessa Brewer reports on Formula 1's impact on business in Las Vegas.
'Inside Track: The Business of Formula 1' premieres tonight at 8pm ET/PT on CNBC
CNBC's Sara Eisen joins 'Squawk Box' with a preview of the new CNBC Documentary 'Inside Track: The Business of Formula 1'.

How an F1 spending cap made racing teams more investable
A more predictable balance sheet makes it easier to bring new sponsors on board.

Here's what streaming bundles could look like, according to Liberty Media's John Malone
Liberty Media chairman and "cable cowboy" John Malone weighed in on the state of streaming in an interview with CNBC's David Faber.
Liberty Media CEO Greg Maffei on media acquisitions, Formula 1 and industry outlook
Liberty Media CEO Greg Maffei joins 'Squawk on the Street' to discuss the company's investor day, the company's ownership stake in Formula 1, Atlanta Braves, media acquisitions, TV rights, and more.

F1's US takeover just getting started, says McLaren chief Brown
Formula One's surging popularity in the U.S. will accelerate further with next month's Las Vegas Grand Prix and an F1 movie starring Brad Pitt on the way, McLaren boss Zak Brown told Reuters.
Formula One gets upgraded by Citi
Jason Bazinet, Citigroup managing director, joins 'Power Lunch' to discuss Liberty Media Formula One being upgraded from neutral to buy.

Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call.

Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says
Apple is interested in the exclusive global rights for Formula 1 races, Business F1 reported. The iPhone maker could offer up to $2 billion a year for the rights, per the report.

Liberty Media Corporation Proposes Combination with Sirius XM Holdings Inc.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Combination with Sirius XM Holdings Inc.

Liberty Media Corporation Announces Definitive Agreement to Acquire QuintEvents
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has entered into a definitive agreement...

Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures.

Liberty Media Corporation to Present at Goldman Sachs Communacopia & Technology Conference
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Present at Goldman Sachs Communacopia & Technology Conference.

Liberty Media Corporation Reports Second Quarter 2023 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Second Quarter 2023 Financial Results.

Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Liberty Media to split off Atlanta Braves stock on July 18
Liberty Media Corp. LSXMA, -0.19% LSXMB, +10.40% FWONA, +0.15% FWONK, +0.05% BATRA, +0.36% BATRK, +0.58% said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlan...

Liberty Media Corporation Reports First Quarter 2023 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports First Quarter 2023 Financial Results.
Formula One Group CEO: We are just scratching the surface of the American market
Stefano Domenicali, Formula One Group CEO, joins 'Squawk Box' to discuss the company's growth, the difference in audience between Formula One and NASCAR and much more.

Liberty Media Announces Formula One Group Investor Q&A Session Webcast
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) will webcast a Formula One Group Q&A Session on Thursday, April...

Liberty Media Corporation Closes Private Offering of $575 Million of 3.75% Convertible Senior Notes Due 2028
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Closes Private Offering of $575 Million of 3.

Liberty Media Corporation Reports Fourth Quarter and Year End 2022 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported fourth quarter and year end 2022 re...

Formula 1: The FIA clarifies free speech rule after fierce backlash from Lewis Hamilton and drivers
The FIA said they can "express their views on any political, religious or personal matter" in "their own space" but will face sanctions if they defy law on track.
Liberty Media Chairman John Malone: There is enormous market power in sports
CNBC's David Faber sits down with Liberty Media Chairman John Malone on the company's investor day to discuss his outlook on streaming and sports entertainment.