Wall Street Zen cut shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Free Report) from a hold rating to a strong sell rating in a research report report published on Saturday.
Other analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research note on Wednesday, July 29th. UBS Group boosted their price objective on shares of Liberty Media Corporation – Liberty Formula One Series C from $104.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday. Guggenheim upped their price objective on shares of 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. Bank of America raised their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Finally, Wells Fargo & Company lifted their target price on shares of 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. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Liberty Media Corporation – Liberty Formula One Series C currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.50.
Get 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 issued its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.22). The firm had revenue of $934.00 million during the quarter, compared to analysts’ expectations of $952.78 million. As a group, sell-side analysts expect that Liberty Media Corporation – Liberty Formula One Series C will post 1.93 EPS for the current fiscal year.
Insider Activity at Liberty Media Corporation – Liberty Formula One Series C
In other Liberty Media Corporation – Liberty Formula One Series C news, insider Renee L. Wilm sold 11,597 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $90.09, for a total transaction of $1,044,773.73. Following the completion of the transaction, the insider owned 15,590 shares of the company’s stock, valued at approximately $1,404,503.10. This trade represents a 42.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Chase Carey sold 100,000 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 94,356 shares of the company’s stock, valued at $8,518,459.68. This represents a 51.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.31% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Silver Point Capital L.P. bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter worth about $302,000. Berkshire Hathaway Inc purchased a new stake in Liberty Media Corporation – Liberty Formula One Series C in the fourth quarter worth about $297,358,000. Naya Capital Management UK Ltd. bought a new position in shares of Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter valued at approximately $208,238,000. Norges Bank bought a new position in shares of Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter valued at approximately $195,762,000. Finally, Bank of America Corp DE lifted its holdings in shares of 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 purchasing an additional 1,376,984 shares during the last quarter. 92.26% of the stock is currently owned by institutional investors.
Trending Headlines about 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
Liberty Media Corporation – Liberty Formula One Series C Company Profile
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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