Formula One Group (FWONA)
NASDAQ: FWONA · Real-Time Price · USD
77.45
-0.70 (-0.90%)
Nov 22, 2024, 4:00 PM EST - Market closed
Formula One Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Formula One Group stock have an average target of 77, with a low estimate of 73 and a high estimate of 81. The average target predicts a decrease of -0.58% from the current stock price of 77.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FWONA stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $81 | Strong Buy | Reiterates | $81 | +4.58% | Nov 14, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $77 → $81 | Strong Buy | Maintains | $77 → $81 | +4.58% | Aug 9, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $77 | Strong Buy | Reiterates | $77 | -0.58% | May 22, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $73 | Hold | Maintains | $73 | -5.75% | Apr 2, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $71 | Hold → Strong Buy | Upgrades | $71 | -8.33% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
3.89B
from 3.22B
Increased by 20.76%
Revenue Next Year
4.25B
from 3.89B
Increased by 9.30%
EPS This Year
1.07
from 0.62
Increased by 74.23%
EPS Next Year
1.38
from 1.07
Increased by 27.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.3B | 5.1B | 5.4B | ||
| Avg | 3.9B | 4.3B | 4.6B | ||
| Low | 3.5B | 3.6B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.9% | 30.7% | 27.6% | ||
| Avg | 20.8% | 9.3% | 7.6% | ||
| Low | 7.1% | -7.3% | -10.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.29 | 2.05 | 2.60 | ||
| Avg | 1.07 | 1.38 | 1.89 | ||
| Low | 0.70 | 0.80 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 109.4% | 90.6% | 89.4% | ||
| Avg | 74.2% | 28.0% | 37.1% | ||
| Low | 12.8% | -25.2% | -10.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.