Formula One Group - Series A (FWONA)
NASDAQ: FWONA · IEX Real-Time Price · USD
60.53
+0.87 (1.46%)
At close: Apr 19, 2024, 4:00 PM
59.51
-1.02 (-1.69%)
After-hours: Apr 19, 2024, 7:35 PM EDT
FWONA Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FWONA stock have an average target of 77.75, with a low estimate of 71 and a high estimate of 90. The average target predicts an increase of 28.45% from the current stock price of 60.53.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for FWONA stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Maintains $73 | Hold | Maintains | $73 | +20.60% | Apr 2, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $71 | Hold → Strong Buy | Upgrades | $71 | +17.30% | Oct 6, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $77 | Strong Buy | Reiterates | $77 | +27.21% | Aug 8, 2023 |
| Citigroup | Citigroup | Hold Reiterates $75 | Hold | Reiterates | $75 | +23.91% | Jul 12, 2023 |
| TD Cowen | TD Cowen | Buy Initiates $90 | Buy | Initiates | $90 | +48.69% | Jun 5, 2023 |
Financial Forecast
Revenue This Year
3.87B
from 12.53B
Decreased by -69.09%
Revenue Next Year
4.12B
from 3.87B
Increased by 6.41%
EPS This Year
1.03
EPS Next Year
1.42
from 1.03
Increased by 37.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1B | 4.4B | 4.7B | 5.0B |
| Avg | 3.9B | 4.1B | 4.4B | 4.5B |
| Low | 3.5B | 3.7B | 3.9B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -67.0% | 13.4% | 14.6% | 13.9% |
| Avg | -69.1% | 6.4% | 6.6% | 3.1% |
| Low | -72.4% | -5.1% | -5.4% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.56 | 1.80 | 2.29 | 2.67 |
| Avg | 1.03 | 1.42 | 1.83 | 2.18 |
| Low | 0.57 | 0.97 | 1.37 | 1.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 73.6% | 61.3% | 45.4% |
| Avg | - | 37.2% | 29.3% | 18.6% |
| Low | - | -6.2% | -3.3% | -5.5% |
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.