Formula One Group (FWONK)

Market Cap	20.91B
Revenue (ttm)	3.72B
Net Income (ttm)	278.00M
Shares Out	248.71M
EPS (ttm)	1.15
PE Ratio	72.86
Forward PE	98.44
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,158,474
Open	81.24
Previous Close	81.24
Day's Range	81.06 - 84.07
52-Week Range	61.23 - 86.66
Beta	1.11
Analysts	Buy
Price Target	89.33 (+6.26%)
Earnings Date	Nov 7, 2024

About FWONK

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors’ championship and drivers compete for the drivers’ championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams a...

• Industry: Entertainment
• Sector: Communication Services
• Founded: 1950
• Country: United States
• Stock Exchange: NASDAQ
• Ticker Symbol: FWONK

Financial Performance

In 2023, Formula One Group's revenue was $3.22 billion, an increase of 25.22% compared to the previous year's $2.57 billion. Earnings were $185.00 million, a decrease of -66.85%.

Analyst Forecast

According to 3 analysts, the average rating for FWONK stock is "Buy." The 12-month stock price forecast is $89.33, which is an increase of 6.26% from the latest price.

Price Target

$89.33

(6.26% upside)

Analyst Consensus: Buy