Formula One Group (FWONA) Stock Forecast, Price Target & Predictions
FWONA Stock Forecast
Formula One Group stock forecast is as follows: an average price target of $83.00 (represents a -2.67% downside from FWONA’s last price of $85.28) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
FWONA Price Target
The average price target for Formula One Group (FWONA) is $83.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $83.00 to $83.00. This represents a potential -2.67% downside from FWONA's last price of $85.28.
FWONA Analyst Ratings
According to 4 Wall Street analysts, Formula One Group's rating consensus is 'Buy'. The analyst rating breakdown for FWONA stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Formula One Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 30, 2024 | Bryan Kraft | Deutsche Bank | $83.00 | $66.95 | 23.97% | -2.67% |
| Apr 02, 2024 | Bryan Kraft | Deutsche Bank | $73.00 | $57.94 | 25.99% | -14.40% |
The latest Formula One Group stock forecast, released on May 30, 2024 by Bryan Kraft from Deutsche Bank, set a price target of $83.00, which represents a 23.97% increase from the stock price at the time of the forecast ($66.95), and a -2.67% decrease from FWONA last price ($85.28).
Formula One Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $78.00 |
| Last Closing Price | $85.28 | $85.28 | $85.28 |
| Upside/Downside | -100.00% | -100.00% | -8.54% |
In the current month, the average price target of Formula One Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Formula One Group's last price of $85.28. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 24, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 09, 2024 | Benchmark | Buy | Buy | Hold |
| May 30, 2024 | Deutsche Bank | Buy | Upgrade | |
| Jun 15, 2022 | Morgan Stanley | Overweight | Upgrade |
Formula One Group's last stock rating was published by Cowen & Co. on Sep 24, 2024. The company gave FWONA a "Buy" rating, the same as its previous rate.
Formula One Group Financial Forecast
Formula One Group Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $887.00M | $3.24B | $381.00M | $754.00M | $715.00M | $744.00M | $360.00M | $787.00M | $668.00M |
| Avg Forecast | $1.98B | $1.18B | $1.57B | $557.61M | $1.88B | $1.12B | $1.49B | $528.44M | $1.78B | $1.11B | $1.41B | $500.28M | $1.63B | $885.53M | $1.24B | $466.60M | $1.39B | $931.20M | $1.00B | $573.19M | $1.26B | $900.21M | $742.00M | $392.84M | $741.35M | $746.17M | $688.90M | $263.11M | $731.17M | $583.88M |
| High Forecast | $2.05B | $1.22B | $1.62B | $576.32M | $1.94B | $1.16B | $1.54B | $546.17M | $1.84B | $1.15B | $1.46B | $517.07M | $1.68B | $915.24M | $1.28B | $482.26M | $1.44B | $939.57M | $1.00B | $592.42M | $1.29B | $900.21M | $766.90M | $406.02M | $766.23M | $746.17M | $688.90M | $263.11M | $731.17M | $583.88M |
| Low Forecast | $1.93B | $1.15B | $1.52B | $542.09M | $1.83B | $1.09B | $1.45B | $513.73M | $1.73B | $1.08B | $1.37B | $486.35M | $1.58B | $860.88M | $1.21B | $453.61M | $1.35B | $922.84M | $1.00B | $557.23M | $1.24B | $900.21M | $721.35M | $381.90M | $720.71M | $746.17M | $688.90M | $263.11M | $731.17M | $583.88M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 4.37% | 0.97% | 1.02% | 0.96% | 1.08% | 1.37% | 1.08% | 1.14% |
Formula One Group's average Quarter revenue forecast for Dec 23 based on 5 analysts is $1.26B, with a low forecast of $1.24B, and a high forecast of $1.29B. FWONA's average Quarter revenue forecast represents a 42.27% increase compared to the company's last Quarter revenue of $887.00M (Sep 23).
Formula One Group EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $209.00M | $424.00M | $108.00M | $160.00M | $161.00M | $158.00M | $114.00M | $-22.00M | $137.00M |
| Avg Forecast | $254.53M | $151.91M | $201.39M | $71.66M | $241.46M | $144.17M | $191.89M | $67.91M | $228.83M | $142.60M | $181.17M | $64.29M | $209.16M | $113.80M | $159.56M | $59.96M | $178.64M | $119.67M | $128.97M | $120.21M | $162.17M | $115.68M | $95.35M | $109.29M | $-155.51M | $122.86M | $113.43M | $43.32M | $120.39M | $96.14M |
| High Forecast | $263.07M | $157.01M | $208.15M | $74.06M | $249.56M | $149.00M | $198.33M | $70.19M | $236.51M | $147.39M | $187.25M | $66.45M | $216.18M | $117.61M | $164.91M | $61.97M | $184.64M | $120.74M | $128.97M | $144.26M | $166.12M | $115.68M | $98.55M | $131.14M | $-124.41M | $122.86M | $113.43M | $43.32M | $120.39M | $96.14M |
| Low Forecast | $247.44M | $147.68M | $195.78M | $69.66M | $234.73M | $140.15M | $186.55M | $66.02M | $222.46M | $138.63M | $176.13M | $62.50M | $203.34M | $110.63M | $155.12M | $58.29M | $173.67M | $118.59M | $128.97M | $96.17M | $159.53M | $115.68M | $92.70M | $87.43M | $-186.61M | $122.86M | $113.43M | $43.32M | $120.39M | $96.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.81% | 4.45% | 0.99% | -1.03% | 1.31% | 1.39% | 2.63% | -0.18% | 1.43% |
5 analysts predict FWONA's average Quarter EBITDA for Dec 23 to be $162.17M, with a high of $166.12M and a low of $159.53M. This is -22.41% lower than Formula One Group's previous annual EBITDA (Sep 23) of $209.00M.
Formula One Group Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $118.00M | $431.00M | $-109.00M | $374.00M | $108.00M | $111.00M | $-35.00M | $-149.00M | $-50.00M |
| Avg Forecast | $206.30M | $82.74M | $86.01M | $-45.82M | $188.81M | $71.69M | $75.69M | $-49.29M | $170.87M | $71.54M | $63.34M | $-52.95M | $192.63M | $57.00M | $129.16M | $-50.15M | $99.25M | $49.00M | $75.60M | $-75.75M | $87.71M | $61.75M | $12.84M | $-68.87M | $-1.05B | $40.54M | $839.70M | $-49.04M | $19.36M | $-4.02M |
| High Forecast | $215.30M | $86.35M | $89.76M | $-44.16M | $197.04M | $74.82M | $78.99M | $-47.50M | $178.33M | $74.66M | $66.10M | $-51.03M | $201.03M | $59.48M | $134.79M | $-48.34M | $103.59M | $50.80M | $75.62M | $-60.60M | $91.54M | $61.76M | $13.40M | $-55.09M | $-842.58M | $40.54M | $1.01B | $-49.04M | $19.36M | $-4.02M |
| Low Forecast | $198.84M | $79.75M | $82.90M | $-47.82M | $181.98M | $69.09M | $72.95M | $-51.44M | $164.69M | $68.95M | $61.05M | $-55.26M | $185.66M | $54.94M | $124.48M | $-52.34M | $95.66M | $47.19M | $75.58M | $-90.90M | $84.54M | $61.74M | $12.37M | $-82.64M | $-1.26B | $40.54M | $671.76M | $-49.04M | $19.36M | $-4.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.91% | 33.58% | 1.58% | -0.36% | 2.66% | 0.13% | 0.71% | -7.70% | 12.43% |
Formula One Group's average Quarter net income forecast for Dec 23 is $87.71M, with a range of $84.54M to $91.54M. FWONA's average Quarter net income forecast represents a -25.67% decrease compared to the company's last Quarter net income of $118.00M (Sep 23).
Formula One Group SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $79.00M | $490.00M | $75.00M | $96.00M | $68.00M | $68.00M | $56.00M | $69.00M | $51.00M |
| Avg Forecast | $223.47M | $133.38M | $176.82M | $62.91M | $212.00M | $126.58M | $168.48M | $59.62M | $200.92M | $125.20M | $159.07M | $56.45M | $183.64M | $99.91M | $140.09M | $52.65M | $156.85M | $105.07M | $113.23M | $70.81M | $142.38M | $101.57M | $83.72M | $64.37M | $487.73M | $84.19M | $77.73M | $29.69M | $82.50M | $65.88M |
| High Forecast | $230.97M | $137.86M | $182.76M | $65.03M | $219.11M | $130.83M | $174.13M | $61.62M | $207.66M | $129.41M | $164.41M | $58.34M | $189.81M | $103.27M | $144.80M | $54.41M | $162.11M | $106.01M | $113.24M | $84.97M | $145.86M | $101.57M | $86.53M | $77.25M | $585.28M | $84.19M | $77.73M | $29.69M | $82.50M | $65.88M |
| Low Forecast | $217.25M | $129.67M | $171.90M | $61.16M | $206.10M | $123.05M | $163.79M | $57.96M | $195.32M | $121.72M | $154.64M | $54.87M | $178.53M | $97.13M | $136.19M | $51.18M | $152.48M | $104.12M | $113.23M | $56.65M | $140.07M | $101.57M | $81.39M | $51.50M | $390.19M | $84.19M | $77.73M | $29.69M | $82.50M | $65.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 5.85% | 1.17% | 0.20% | 0.81% | 0.87% | 1.89% | 0.84% | 0.77% |
Formula One Group's average Quarter SG&A projection for Dec 23 is $142.38M, based on 5 Wall Street analysts, with a range of $140.07M to $145.86M. The forecast indicates a 80.23% rise compared to FWONA last annual SG&A of $79.00M (Sep 23).
Formula One Group EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.50 | - | $-0.47 | $1.50 | $0.46 | $0.48 | $-0.15 | $-0.64 | $-0.22 |
| Avg Forecast | $0.85 | $0.34 | $0.35 | $-0.19 | $0.77 | $0.29 | $0.31 | $-0.20 | $0.70 | $0.29 | $0.26 | $-0.22 | $0.79 | $0.23 | $0.53 | $-0.21 | $0.41 | $0.20 | $0.31 | $0.08 | $0.36 | $0.25 | $0.05 | $-0.07 | $0.11 | $0.17 | $0.07 | $-0.21 | $0.08 | $-0.02 |
| High Forecast | $0.88 | $0.35 | $0.37 | $-0.18 | $0.81 | $0.31 | $0.32 | $-0.19 | $0.73 | $0.31 | $0.27 | $-0.21 | $0.82 | $0.24 | $0.55 | $-0.20 | $0.42 | $0.21 | $0.31 | $0.08 | $0.38 | $0.25 | $0.05 | $-0.06 | $0.11 | $0.17 | $0.07 | $-0.21 | $0.08 | $-0.02 |
| Low Forecast | $0.81 | $0.33 | $0.34 | $-0.20 | $0.75 | $0.28 | $0.30 | $-0.21 | $0.67 | $0.28 | $0.25 | $-0.23 | $0.76 | $0.23 | $0.51 | $-0.21 | $0.39 | $0.19 | $0.31 | $0.08 | $0.35 | $0.25 | $0.05 | $-0.07 | $0.10 | $0.17 | $0.07 | $-0.21 | $0.08 | $-0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.98% | - | 7.19% | 14.13% | 2.70% | 7.08% | 0.73% | -7.87% | 13.02% |
According to 5 Wall Street analysts, Formula One Group's projected average Quarter EPS for Dec 23 is $0.36, with a low estimate of $0.35 and a high estimate of $0.38. This represents a -28.10% decrease compared to FWONA previous annual EPS of $0.50 (Sep 23).