Formula One Group (FWONK)
NASDAQ: FWONK · Real-Time Price · USD
91.20
+1.20 (1.33%)
Jan 17, 2025, 4:00 PM EST - Market closed
Formula One Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Formula One Group stock have an average target of 102.33, with a low estimate of 90 and a high estimate of 115. The average target predicts an increase of 12.20% from the current stock price of 91.20.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FWONK stock from 4 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 | 1 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 2 | 2 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $93 → $102 | Strong Buy | Maintains | $93 → $102 | +11.84% | Jan 10, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $95 → $115 | Hold → Buy | Upgrades | $95 → $115 | +26.10% | Dec 18, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 4, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $91 → $93 | Strong Buy | Maintains | $91 → $93 | +1.97% | Nov 8, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $80 → $85 | Hold | Maintains | $80 → $85 | -6.80% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
3.89B
from 3.22B
Increased by 20.86%
Revenue Next Year
4.29B
from 3.89B
Increased by 10.14%
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 | 5.0B | 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 |
|---|---|---|---|---|---|
| High | 27.3% | 29.4% | 21.8% | ||
| Avg | 20.9% | 10.1% | 6.7% | ||
| 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.