Formula One Group - Series A (FWONA)

NASDAQ: FWONA · IEX Real-Time Price · USD
59.42
-0.29 (-0.48%)
Mar 28, 2024, 11:43 AM EDT - Market open
-0.48%
Market Cap 15.56B
Revenue (ttm) 12.53B
Net Income (ttm) 761.00M
Shares Out 474.49M
EPS (ttm) 0.62
PE Ratio 96.29
Forward PE 66.18
Dividend n/a
Ex-Dividend Date n/a
Volume 19,330
Open 59.70
Previous Close 59.70
Day's Range 58.88 - 59.70
52-Week Range 55.08 - 70.82
Beta 1.14
Analysts Strong Buy
Price Target 79.33 (+33.55%)
Earnings Date May 3, 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... [Read more]

Industry Entertainment
Founded 1950
Employees 6,486
Stock Exchange NASDAQ
Ticker Symbol FWONA
Full Company Profile

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%.

Financial Statements

Analyst 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 33.55% from the latest price.

Price Target
$79.33
(33.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Formula One Group: FWONK stock near ATH as new season starts

Formula One Group (FWONK) stock is nearing its all-time high as the new season starts in Bahrain this week. It jumped by over 4% on Thursday as it closed at $72.76, the highest point since August 27th...

27 days ago - Invezz

Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call

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

Other symbols: LSXMALSXMBLSXMK
2 months ago - Business Wire

Formula One, FIA and Extreme H set up hydrogen working group

Formula One, governing FIA and a rebranded Extreme H series announced on Thursday they were setting up a joint hydrogen working group to evaluate the technology's future use in motorsport.

4 months ago - Reuters

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.

4 months ago - Invezz

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...

4 months ago - Bloomberg Markets and Finance

'Inside Track: The Business of Formula 1' premieres tonight

CNBC's Contessa Brewer reports on Formula 1's impact on business in Las Vegas.

4 months ago - CNBC Television

'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'.

4 months ago - CNBC Television

How an F1 spending cap made racing teams more investable

A more predictable balance sheet makes it easier to bring new sponsors on board.

4 months ago - CNBC

14 Stocks Warren Buffett Is Selling (and 1 He's Buying)

Warren Buffett dumped GM, Procter & Gamble and a number of other blue chip names in Q3.

4 months ago - Kiplinger

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.

4 months ago - CNBC

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.

Other symbols: LSXMA
4 months ago - CNBC Television

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.

5 months ago - 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.

6 months ago - CNBC Television

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.

6 months ago - Business Wire

Three-Stock Lunch: K, FWONK & ZS

Sylvia Jablonski, Defiance ETFs, joins ‘Power Lunch' to discuss three stocks: Kellanova, Liberty Media Formula One and Zscaler.

Other symbols: KZS
6 months ago - CNBC Television

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.

Other symbols: AAPLLSXMALSXMBLSXMK
6 months ago - Business Insider

Liberty Media Corporation Proposes Combination with Sirius XM Holdings Inc.

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

Other symbols: SIRILSXMALSXMBLSXMK
6 months ago - Business Wire

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...

Other symbols: LSXMALSXMBLSXMK
7 months ago - Business Wire

Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures

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

Other symbols: LSXMALSXMBLSXMK
7 months ago - Business Wire

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.

Other symbols: LSXMALSXMBLSXMK
7 months ago - Business Wire

Liberty Media Corporation Reports Second Quarter 2023 Financial Results

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

Other symbols: LSXMALSXMBLSXMK
8 months ago - Business Wire

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.

9 months ago - Business Wire

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...

Other symbols: BATRABATRKLSXMALSXMB
9 months ago - Market Watch

Liberty Media Corporation Reports First Quarter 2023 Financial Results

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

11 months ago - Business Wire

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.

1 year ago - CNBC Television