Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) Price Target Raised to $105.00 at Wells Fargo & Company

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) had its price objective raised by Wells Fargo & Company from $97.00 to $105.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Sanford C. Bernstein raised their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $115.00 to $119.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research report on Wednesday, July 29th. UBS Group lowered their price target on Liberty Media Corporation – Liberty Formula One Series C from $107.00 to $104.00 and set a “neutral” rating for the company in a report on Wednesday, April 15th. Bank of America raised their price objective 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. Finally, Guggenheim boosted 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 note on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $116.50.

Liberty Media Corporation – Liberty Formula One Series C Stock Performance

FWONK opened at $102.85 on Friday. Liberty Media Corporation – Liberty Formula One Series C has a 1 year low of $80.15 and a 1 year high of $109.36. The firm has a 50 day moving average price of $94.78 and a 200 day moving average price of $90.13. The company has a market cap of $23.05 billion, a PE ratio of 151.25 and a beta of 0.43.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) last announced its quarterly earnings results 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 business had revenue of $934.00 million for the quarter, compared to analysts’ expectations of $952.78 million. On average, sell-side analysts predict that Liberty Media Corporation – Liberty Formula One Series C will post 1.93 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Chase Carey sold 100,000 shares of the company’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 completion of the transaction, the director directly owned 94,356 shares in the company, valued at approximately $8,518,459.68. This represents a 51.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Renee L. Wilm sold 11,597 shares of the company’s stock in a transaction on Monday, June 15th. The shares were 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 $1,404,503.10. This trade represents a 42.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.31% of the company’s stock.

Hedge Funds Weigh In On Liberty Media Corporation – Liberty Formula One Series C

A number of institutional investors have recently added to or reduced their stakes in FWONK. Silver Point Capital L.P. purchased a new position in Liberty Media Corporation – Liberty Formula One Series C in the 4th quarter valued at about $302,000. Berkshire Hathaway Inc acquired a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter valued at about $297,358,000. Naya Capital Management UK Ltd. purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter worth about $208,238,000. Norges Bank purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C during the fourth quarter worth about $195,762,000. Finally, Bank of America Corp DE lifted its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 43.2% in the first quarter. Bank of America Corp DE now owns 4,561,809 shares of the company’s stock worth $387,845,000 after acquiring an additional 1,376,984 shares in the last quarter. Institutional investors and hedge funds own 92.26% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series C News Summary

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.