Formula One Group (FWONA)
NASDAQ: FWONA · Real-Time Price · USD
87.80
-0.49 (-0.55%)
Feb 4, 2025, 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 -12.30% from the current stock price of 87.80.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for Formula One Group 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 0 | 0 | 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 | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $81 | Strong Buy | Reiterates | $81 | -7.74% | Nov 14, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $77 → $81 | Strong Buy | Maintains | $77 → $81 | -7.74% | Aug 9, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $77 | Strong Buy | Reiterates | $77 | -12.30% | May 22, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $73 | Hold | Maintains | $73 | -16.85% | Apr 2, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $71 | Hold → Strong Buy | Upgrades | $71 | -19.13% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
3.89B
from 3.22B
Increased by 20.73%
Revenue Next Year
4.29B
from 3.89B
Increased by 10.33%
EPS This Year
1.40
from 0.62
Increased by 127.57%
EPS Next Year
1.45
from 1.40
Increased by 3.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.1B | 5.0B | 5.2B | |||
| Avg | 3.9B | 4.3B | 4.6B | |||
| Low | 3.5B | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 27.3% | 29.5% | 21.7% | |||
| Avg | 20.7% | 10.3% | 6.8% | |||
| Low | 7.1% | -3.6% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.80 | 2.89 | 3.42 |
| Avg | 1.40 | 1.45 | 1.89 |
| Low | 1.20 | 0.78 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 191.2% | 105.8% | 136.3% |
| Avg | 127.6% | 3.2% | 30.4% |
| Low | 93.9% | -44.1% | -29.7% |
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.