Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Stock Gets Downgrade from Wall Street Zen

Posted by Stanley Muller on Oct 13th, 2026

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Sunday, Wall Street Zen reports.

FWONK has been the subject of a number of other reports. Sanford C. Bernstein upped their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $115.00 to $119.00 and gave the stock an “outperform” rating in a report on Tuesday, July 28th. UBS Group raised their target price on Liberty Media Corporation – Liberty Formula One Series C from $104.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their price target on Liberty Media Corporation – Liberty Formula One Series C from $124.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Bank of America upped their price target on Liberty Media Corporation – Liberty Formula One Series C from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research note on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $116.29.

Read Our Latest Report on FWONK

Liberty Media Corporation – Liberty Formula One Series C Stock Down 0.2%

FWONK stock opened at $93.81 on Friday. The company has a market capitalization of $21.05 billion, a price-to-earnings ratio of 137.96 and a beta of 0.46. Liberty Media Corporation – Liberty Formula One Series C has a 12 month low of $80.15 and a 12 month high of $107.31. The firm has a 50 day moving average of $97.87 and a two-hundred day moving average of $93.75.

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 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.22). The firm had revenue of $934.00 million for the quarter, compared to the consensus estimate of $952.78 million. On average, research analysts expect that Liberty Media Corporation – Liberty Formula One Series C will post 2.00 EPS for the current fiscal year.

Institutional Trading of Liberty Media Corporation – Liberty Formula One Series C

Several large investors have recently modified their holdings of FWONK. Janus Henderson Group PLC raised its holdings in Liberty Media Corporation – Liberty Formula One Series C by 2.9% in 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 during the period. The Manufacturers Life Insurance Company boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 13.8% during the second quarter. The Manufacturers Life Insurance Company now owns 5,311,086 shares of the company’s stock valued at $505,297,000 after acquiring an additional 645,996 shares during the period. Jericho Capital Asset Management L.P. boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 17.8% during the fourth quarter. Jericho Capital Asset Management L.P. now owns 4,542,396 shares of the company’s stock valued at $447,471,000 after acquiring an additional 688,000 shares during the period. Bank of America Corp DE boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 43.2% during the first quarter. Bank of America Corp DE now owns 4,561,809 shares of the company’s stock valued at $387,845,000 after acquiring an additional 1,376,984 shares during the period. Finally, Berkshire Hathaway Inc acquired a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C in the fourth quarter valued at about $297,358,000. 92.26% of the stock is owned by institutional investors.

Liberty Media Corporation – Liberty Formula One Series C Company Profile

(Get Free Report)

Liberty Media Corporation’s Liberty Formula One Series C represents a non-voting tracking stock associated with the company’s Formula One Group. The group’s principal business is the ownership and operation of Formula 1, the international motorsport championship, through its control of the championship’s commercial rights.

Formula 1 generates revenue through broadcast and digital media rights, race-promotion agreements, sponsorships, hospitality, licensing and other commercial partnerships.