Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Releases Quarterly Earnings Results, Misses Expectations By $0.22 EPS

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) released its quarterly earnings data on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.22), Zacks reports. The firm had revenue of $934.00 million for the quarter, compared to analyst estimates of $952.78 million.

Liberty Media Corporation – Liberty Formula One Series C Stock Performance

Shares of FWONK stock traded up $3.16 during mid-day trading on Friday, hitting $102.85. 2,170,043 shares of the stock were exchanged, compared to its average volume of 2,016,353. The stock’s fifty day simple moving average is $94.78 and its two-hundred day simple moving average is $90.13. Liberty Media Corporation – Liberty Formula One Series C has a 12-month low of $80.15 and a 12-month high of $109.36. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 151.25 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on FWONK shares. Bank of America increased 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 report on Monday, July 6th. JPMorgan Chase & Co. lifted 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 report on Friday. Guggenheim upped their price objective on Liberty Media Corporation – Liberty Formula One Series C from $124.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Wells Fargo & Company increased their price objective 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 report on Friday. Finally, Wall Street Zen lowered Liberty Media Corporation – Liberty Formula One Series C from a “hold” rating to a “strong sell” rating in a research report on Saturday. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $116.50.

More Liberty Media Corporation – Liberty Formula One Series C News

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

Insider Activity

In related news, insider Renee L. Wilm sold 11,597 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was 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 of the company’s stock, valued at $1,404,503.10. This represents a 42.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Chase Carey sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $90.28, for a total value of $9,028,000.00. Following the transaction, the director owned 94,356 shares in the company, 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. 4.31% of the stock is currently owned by insiders.

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

Several large investors have recently modified their holdings of FWONK. Invesco Ltd. raised its position in Liberty Media Corporation – Liberty Formula One Series C by 51.0% in the 2nd quarter. Invesco Ltd. now owns 504,313 shares of the company’s stock valued at $52,701,000 after purchasing an additional 170,435 shares during the last quarter. Cresset Asset Management LLC acquired a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 2nd quarter worth $502,000. Daiwa Securities Group Inc. grew its position in Liberty Media Corporation – Liberty Formula One Series C by 20.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 37,335 shares of the company’s stock worth $3,902,000 after purchasing an additional 6,285 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in Liberty Media Corporation – Liberty Formula One Series C during the 2nd quarter worth $1,863,000. Finally, Squarepoint Ops LLC acquired a new position in Liberty Media Corporation – Liberty Formula One Series C in the second quarter valued at $1,255,000. 92.26% of the stock is owned by institutional investors and hedge funds.

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.