Formula One Group (FWONA)
NASDAQ: FWONA · Real-Time Price · USD
83.52
-0.53 (-0.62%)
Jan 2, 2025, 9:32 AM EST - Market open
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 -7.80% from the current stock price of 83.52.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 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 | 4 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $81 | Strong Buy | Reiterates | $81 | -3.01% | Nov 14, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $77 → $81 | Strong Buy | Maintains | $77 → $81 | -3.01% | Aug 9, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $77 | Strong Buy | Reiterates | $77 | -7.80% | May 22, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $73 | Hold | Maintains | $73 | -12.59% | Apr 2, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $71 | Hold → Strong Buy | Upgrades | $71 | -14.99% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
3.89B
from 3.22B
Increased by 20.86%
Revenue Next Year
4.29B
from 3.89B
Increased by 10.07%
EPS This Year
1.42
from 0.62
Increased by 130.50%
EPS Next Year
1.42
from 1.42
Decreased by -0.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.1B | 5.2B | 5.5B | ||
| Avg | 3.9B | 4.3B | 4.6B | ||
| Low | 3.5B | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.3% | 32.8% | 28.8% | ||
| Avg | 20.9% | 10.1% | 7.5% | ||
| Low | 7.1% | -3.7% | -6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.80 | 2.89 | 3.42 |
| Avg | 1.42 | 1.42 | 1.88 |
| Low | 1.20 | 0.78 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 191.2% | 103.1% | 141.2% |
| Avg | 130.5% | -0.2% | 32.1% |
| Low | 93.9% | -44.8% | -28.2% |
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.