Liberty Media Corp. (FWONA)

NASDAQ: FWONA · IEX Real-Time Price · USD
57.28
-0.05 (-0.09%)
At close: Dec 1, 2023, 4:00 PM
59.39
+2.11 (3.68%)
After-hours: Dec 1, 2023, 4:28 PM EST
-0.09%
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]

Industry Entertainment
Founded 1950
Employees 7,283
Stock Exchange NASDAQ
Ticker Symbol FWONA
Full Company Profile

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 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 38.50% from the latest price.

Price Target
$79.33
(38.50% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.

16 days 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...

17 days 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.

17 days 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'.

17 days 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.

17 days ago - CNBC

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.

24 days 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.

24 days 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.

6 weeks 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.

2 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.

2 months ago - Business Wire

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: AAPL
2 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: SIRI
2 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...

3 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.

3 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.

3 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.

4 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.

Other symbols: BATRABATRK
5 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: BATRABATRK
5 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.

Other symbols: BATRABATRK
7 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.

8 months ago - CNBC Television

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...

Other symbols: BATRABATRK
8 months ago - Business Wire

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.

Other symbols: BATRABATRK
9 months ago - Business Wire

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...

Other symbols: BATRABATRK
9 months ago - Business Wire

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.

10 months ago - CNBC

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.

1 year ago - CNBC Television