Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Raised to Strong-Buy at Zacks Research

Posted by Brenda Bartman on Oct 15th, 2026

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

FWONK has been the subject of several other research reports. 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. Guggenheim raised their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $125.00 to $134.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Jefferies Financial Group started coverage on shares of Liberty Media Corporation – Liberty Formula One Series C in a report on Wednesday, September 9th. They set a “buy” rating and a $115.00 price objective on the stock. Bank of America boosted their price objective on shares of 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. Finally, Sanford C. Bernstein upped their target price 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 research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $116.29.

Get Our Latest Stock Analysis on FWONK

Liberty Media Corporation – Liberty Formula One Series C Stock Performance

Shares of FWONK opened at $90.90 on Tuesday. The stock has a 50 day simple moving average of $97.69 and a 200 day simple moving average of $93.88. Liberty Media Corporation – Liberty Formula One Series C has a 52-week low of $80.15 and a 52-week high of $107.31. The firm has a market capitalization of $20.39 billion, a PE ratio of 133.68 and a beta of 0.46.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last announced its 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 business had revenue of $934.00 million for the quarter, compared to analysts’ expectations of $952.78 million. Equities research analysts predict that Liberty Media Corporation – Liberty Formula One Series C will post 2.00 EPS for the current fiscal year.

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

Several institutional investors have recently bought and sold shares of FWONK. Janus Henderson Group PLC boosted its stake in shares of 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 buying an additional 302,191 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Liberty Media Corporation – Liberty Formula One Series C by 13.8% in the 2nd 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 in the last quarter. Bank of America Corp DE grew its holdings in shares of Liberty Media Corporation – Liberty Formula One Series C by 43.2% in the 1st 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 in the last quarter. Jericho Capital Asset Management L.P. increased its position in shares of Liberty Media Corporation – Liberty Formula One Series C by 17.8% in 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 last quarter. 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. Institutional investors own 92.26% of the company’s stock.

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.