Formula One Group (FWONK)

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 99.33, with a low estimate of 90 and a high estimate of 115. The average target predicts an increase of 5.41% from the current stock price of 94.23.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$99.33	$93	$115
Change	-4.49%	+5.41%	-1.31%	+22.04%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	0	0	1	1
Buy	2	2	1	1	1	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	4	2	2	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $95 → $115	Hold → Buy	Upgrades	$95 → $115	+22.04%	Dec 18, 2024
David Joyce Seaport Global	Seaport Global	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Dec 4, 2024
Barton Crockett Rosenblatt	Rosenblatt	Strong Buy Maintains $91 → $93	Strong Buy	Maintains	$91 → $93	-1.31%	Nov 8, 2024
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $80 → $85	Hold	Maintains	$80 → $85	-9.80%	Sep 23, 2024
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $83 → $80	Hold	Maintains	$83 → $80	-15.10%	Aug 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.89B

Increased by 20.86%

from 3.22B

Revenue Next Year

4.29B

Increased by 10.07%

from 3.89B

EPS This Year

1.42

Increased by 130.50%

from 0.62

EPS Next Year

1.42

Decreased by -0.17%

from 1.42

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.02B	1.15B	2.14B	2.57B	3.22B	3.89B	4.29B	4.61B
Revenue Growth	10.67%	-43.37%	86.55%	20.46%	25.22%	20.86%	10.07%	7.49%
EPS	-1.35	-2.57	-0.82	2.15	0.62	1.42	1.42	1.88
EPS Growth	-	-	-	-	-71.29%	130.50%	-0.17%	32.15%
Forward PE	-	-	-	-	-	66.29	66.41	50.25
No. Analysts	-	-	-	-	-	13	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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.