Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Free Report) had its price target increased by JPMorgan Chase & Co. from $124.00 to $125.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an overweight rating on the stock.
Other research analysts have also recently issued reports about the company. Wall Street Zen upgraded Liberty Media Corporation – Liberty Formula One Series C from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Bank of America lifted their target price on Liberty Media Corporation – Liberty Formula One Series C from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Wells Fargo & Company upped their price target on Liberty Media Corporation – Liberty Formula One Series C from $97.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday. Guggenheim increased their price target on Liberty Media Corporation – Liberty Formula One Series C from $124.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a report on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Liberty Media Corporation – Liberty Formula One Series C presently has a consensus rating of “Moderate Buy” and an average price target of $116.50.
View Our Latest Report on FWONK
Liberty Media Corporation – Liberty Formula One Series C Price Performance
Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.22). The firm had revenue of $934.00 million for the quarter, compared to analyst estimates of $952.78 million. As a group, equities analysts anticipate that Liberty Media Corporation – Liberty Formula One Series C will post 1.93 earnings per share for the current fiscal year.
Insider Activity at Liberty Media Corporation – Liberty Formula One Series C
In related news, Director Chase Carey sold 100,000 shares of Liberty Media Corporation – Liberty Formula One Series C stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total value of $9,028,000.00. Following the completion of the sale, the director owned 94,356 shares in the company, valued at approximately $8,518,459.68. This trade represents a 51.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Renee L. Wilm sold 11,597 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $90.09, for a total value of $1,044,773.73. Following the completion of the sale, the insider directly owned 15,590 shares in the company, valued at approximately $1,404,503.10. The trade was a 42.66% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 4.31% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 21,133,295 shares of the company’s stock valued at $2,081,841,000 after buying an additional 715,525 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Liberty Media Corporation – Liberty Formula One Series C by 1.0% during the 4th quarter. Principal Financial Group Inc. now owns 12,695,840 shares of the company’s stock worth $1,250,671,000 after acquiring an additional 129,822 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Liberty Media Corporation – Liberty Formula One Series C by 2.9% during the 1st quarter. Janus Henderson Group PLC now owns 10,883,212 shares of the company’s stock worth $925,299,000 after acquiring an additional 302,191 shares in the last quarter. Silver Point Capital L.P. purchased a new position in Liberty Media Corporation – Liberty Formula One Series C during the 4th quarter valued at about $302,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 26.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 4,665,090 shares of the company’s stock valued at $396,626,000 after acquiring an additional 981,047 shares during the period. 92.26% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Liberty Media Corporation – Liberty Formula One Series C
Here are the key news stories impacting Liberty Media Corporation – Liberty Formula One Series C this week:
- Positive Sentiment: JPMorgan raised its price target from $124 to $125 and maintained an overweight rating, implying substantial upside and signaling continued confidence in Formula One’s long-term growth prospects. Benzinga analyst update
- Positive Sentiment: UBS increased its price target from $104 to $110. Although it retained a neutral rating, the higher valuation suggests improved expectations for FWONK’s earnings or business outlook. Benzinga analyst update
- Positive Sentiment: Wells Fargo lifted its target from $97 to $105 while maintaining an equal-weight rating. The revision provides modest upside support despite a cautious overall stance. Benzinga analyst update
- Neutral Sentiment: Liberty Media reported its second-quarter 2026 financial and operating results and discussed them during its earnings call. The available reports did not provide additional details beyond the earnings figures. Second-quarter financial and operating results
- Negative Sentiment: Second-quarter earnings and revenue missed analyst expectations. FWONK reported adjusted earnings of $0.02 per share versus estimates ranging from $0.16 to $0.24, while revenue of $934 million fell short of the approximately $953 million consensus. Earnings also declined sharply from $1.52 per share a year earlier, creating a fundamental headwind for the stock. Zacks second-quarter earnings report
About Liberty Media Corporation – Liberty Formula One Series C
Liberty Media Corporation – Liberty Formula One Series C (NASDAQ: FWONK) is a tracking stock that represents Liberty Media’s economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world’s largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.
The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.
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