Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Price Target Cut to $96.00 by Analysts at Wells Fargo & Company

Posted by Stanley Muller on Sep 29th, 2026

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) had its target price decreased by stock analysts at Wells Fargo & Company from $105.00 to $96.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 1.17% from the company’s current price.

A number of other brokerages also recently weighed in on FWONK. Guggenheim raised their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $125.00 to $134.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research note on Wednesday, July 29th. Sanford C. Bernstein raised their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $115.00 to $119.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. increased their price target on shares of Liberty Media Corporation – Liberty Formula One Series C from $124.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Wall Street Zen downgraded shares of Liberty Media Corporation – Liberty Formula One Series C from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Liberty Media Corporation – Liberty Formula One Series C presently has a consensus rating of “Moderate Buy” and an average price target of $116.29.

Get Our Latest Research Report on Liberty Media Corporation – Liberty Formula One Series C

Liberty Media Corporation – Liberty Formula One Series C Stock Up 0.3%

Shares of FWONK stock opened at $94.89 on Tuesday. The stock has a market cap of $21.29 billion, a price-to-earnings ratio of 139.54 and a beta of 0.43. The business’s fifty day moving average is $98.83 and its 200 day moving average is $93.10. Liberty Media Corporation – Liberty Formula One Series C has a twelve month low of $80.15 and a twelve month high of $109.36.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.22). The business had revenue of $934.00 million during the quarter, compared to analyst estimates of $952.78 million. Equities research analysts expect that Liberty Media Corporation – Liberty Formula One Series C will post 2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liberty Media Corporation – Liberty Formula One Series C

A number of large investors have recently added to or reduced their stakes in the stock. Berkshire Hathaway Inc bought a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C in the fourth quarter worth $297,358,000. Norges Bank bought a new position in Liberty Media Corporation – Liberty Formula One Series C in the fourth quarter valued at about $195,762,000. Bank of America Corp DE boosted its position in Liberty Media Corporation – Liberty Formula One Series C by 43.2% in the first quarter. Bank of America Corp DE now owns 4,561,809 shares of the company’s stock worth $387,845,000 after purchasing an additional 1,376,984 shares during the last quarter. Junto Capital Management LP boosted its position in Liberty Media Corporation – Liberty Formula One Series C by 178.1% in the second quarter. Junto Capital Management LP now owns 1,707,281 shares of the company’s stock worth $162,431,000 after purchasing an additional 1,093,372 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Liberty Media Corporation – Liberty Formula One Series C by 26.6% in the first quarter. The Manufacturers Life Insurance Company now owns 4,665,090 shares of the company’s stock worth $396,626,000 after purchasing an additional 981,047 shares during the last quarter. Institutional investors own 92.26% of the company’s stock.

About Liberty Media Corporation – Liberty Formula One Series C

(Get Free Report)

Liberty Media Corporation’s Liberty Formula One Group, represented by the Series C Liberty Formula One common stock (NASDAQ: FWONK), is a tracking-stock group tied primarily to the company’s interests in Formula 1. The group’s principal business is the ownership and operation of the Formula 1 racing series, including its commercial rights, media and broadcasting activities, race promotion, sponsorship programs and digital products.

Formula 1 organizes the FIA Formula One World Championship, an international motorsport series featuring races hosted in markets across Europe, North America, Asia, the Middle East and other regions.