Formula One Group - Series A (FWONA)

FWONA Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for FWONA stock have an average target of 73.67, with a low estimate of 71 and a high estimate of 77. The average target predicts an increase of 2.40% from the current stock price of 71.94.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$71	$73.67	$73	$77
Change	-1.31%	+2.40%	+1.47%	+7.03%

* Price targets were last updated on May 22, 2024.

Analyst Ratings

The average analyst rating for FWONA stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	0
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Harrigan Benchmark	Benchmark	Strong Buy Reiterates $77	Strong Buy	Reiterates	$77	+7.03%	May 22, 2024
Bryan Kraft Deutsche Bank	Deutsche Bank	Hold Maintains $73	Hold	Maintains	$73	+1.47%	Apr 2, 2024
Jason Bazinet Citigroup	Citigroup	Hold → Strong Buy Upgrades $71	Hold → Strong Buy	Upgrades	$71	-1.31%	Oct 6, 2023
Matthew Harrigan Benchmark	Benchmark	Strong Buy Reiterates $77	Strong Buy	Reiterates	$77	+7.03%	Aug 8, 2023
Jason Bazinet Citigroup	Citigroup	Hold Reiterates $75	Hold	Reiterates	$75	+4.25%	Jul 12, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

3.94B

Decreased by -68.55%

from 12.53B

Revenue Next Year

4.27B

Increased by 8.50%

from 3.94B

EPS This Year

1.21

from -

EPS Next Year

1.50

Increased by 23.79%

from 1.21

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	10.29B	9.36B	11.40B	12.16B	12.53B	3.94B	4.27B	4.61B	4.97B	5.39B
Revenue Growth	28.01%	-9.03%	21.76%	6.70%	2.97%	-68.55%	8.50%	7.96%	7.72%	8.37%
EPS	-	-	-	-	-	1.21	1.50	1.92	2.47	3.31
EPS Growth	-	-	-	-	-	-	23.79%	27.85%	29.17%	33.61%
Forward PE	-	-	-	-	-	59.43	48.01	37.55	29.07	21.76
No. Analysts	-	-	-	-	-	13	13	13	7	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.2B	4.7B	5.0B	5.7B	5.9B
Avg	3.9B	4.3B	4.6B	5.0B	5.4B
Low	3.6B	3.9B	4.2B	4.4B	4.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-66.7%	18.9%	16.4%	23.0%	19.3%
Avg	-68.6%	8.5%	8.0%	7.7%	8.4%
Low	-71.4%	-1.9%	-2.7%	-4.0%	-5.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.54	1.89	2.24	2.94	3.37
Avg	1.21	1.50	1.92	2.47	3.31
Low	0.89	1.02	1.33	1.73	3.15

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	56.1%	49.3%	53.5%	36.2%
Avg	-	23.8%	27.9%	29.2%	33.6%
Low	-	-15.5%	-11.1%	-9.5%	27.1%

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.