Formula One Group (LSXMA) Stock Forecast, Price Target & Predictions
LSXMA Stock Forecast
Formula One Group stock forecast is as follows: an average price target of $29.50 (represents a 30.88% upside from LSXMA’s last price of $22.54) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
LSXMA Price Target
The average price target for Formula One Group (LSXMA) is $29.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $23.00. This represents a potential 30.88% upside from LSXMA's last price of $22.54.
LSXMA Analyst Ratings
According to 3 Wall Street analysts, Formula One Group's rating consensus is 'Buy'. The analyst rating breakdown for LSXMA stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 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 |
|---|---|---|---|---|---|---|
| Jul 25, 2024 | Jason Bazinet | Citigroup | $23.00 | $22.80 | 0.88% | 2.04% |
| Apr 29, 2024 | David Joyce | Seaport Global | $36.00 | $25.61 | 40.57% | 59.72% |
The latest Formula One Group stock forecast, released on Jul 25, 2024 by Jason Bazinet from Citigroup, set a price target of $23.00, which represents a 0.88% increase from the stock price at the time of the forecast ($22.80), and a 2.04% increase from LSXMA last price ($22.54).
Formula One Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $23.00 | $29.50 |
| Last Closing Price | $22.54 | $22.54 | $22.54 |
| Upside/Downside | -100.00% | 2.04% | 30.88% |
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 $22.54. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 21, 2023 | Seaport Global | - | Buy | Upgrade |
| Jun 28, 2023 | Deutsche Bank | Buy | Buy | Hold |
| Mar 06, 2023 | Citigroup | Buy | Buy | Hold |
Formula One Group's last stock rating was published by Citigroup on Jul 25, 2024. The company gave LSXMA a "Neutral" rating, the same as its previous rate.
Formula One Group Financial Forecast
Formula One Group Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $2.27B | $2.25B | $2.14B | $5.44B | $2.28B | - | $2.19B | $2.28B | $2.20B | $2.16B | $2.06B | $2.19B | $2.02B | $1.87B | $1.95B | $2.06B | $2.01B | $1.98B | $1.74B | $1.50B | $1.47B |
| Avg Forecast | $2.29B | $2.26B | $2.25B | $2.18B | $2.22B | $2.19B | $2.20B | $2.13B | $2.29B | $2.30B | $2.25B | $2.17B | $2.31B | $2.24B | $2.14B | $2.14B | $2.23B | $2.16B | $2.09B | $2.01B | $2.07B | $1.90B | $1.87B | $2.01B | $2.02B | $1.98B | $1.50B | $1.44B | $2.59B | $2.40B |
| High Forecast | $2.29B | $2.26B | $2.25B | $2.18B | $2.22B | $2.23B | $2.20B | $2.13B | $2.29B | $2.30B | $2.25B | $2.17B | $2.31B | $2.24B | $2.14B | $2.15B | $2.24B | $2.16B | $2.10B | $2.01B | $2.07B | $1.90B | $1.87B | $2.01B | $2.02B | $1.99B | $1.51B | $1.45B | $3.11B | $2.88B |
| Low Forecast | $2.29B | $2.26B | $2.25B | $2.18B | $2.22B | $2.15B | $2.20B | $2.13B | $2.29B | $2.30B | $2.25B | $2.17B | $2.31B | $2.24B | $2.14B | $2.14B | $2.23B | $2.15B | $2.09B | $2.01B | $2.07B | $1.89B | $1.86B | $2.00B | $2.01B | $1.98B | $1.50B | $1.44B | $2.07B | $1.92B |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.99% | 2.36% | 1.02% | - | 1.02% | 1.02% | 1.02% | 1.03% | 1.02% | 1.06% | 1.07% | 1.00% | 0.97% | 1.02% | 1.01% | 1.31% | 1.21% | 0.58% | 0.61% |
Formula One Group's average Quarter revenue forecast for Dec 23 based on 1 analysts is $2.29B, with a low forecast of $2.29B, and a high forecast of $2.29B. LSXMA's average Quarter revenue forecast represents a 0.83% increase compared to the company's last Quarter revenue of $2.27B (Sep 23).
Formula One Group EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | $734.00M | $736.00M | $616.00M | $1.33B | $759.00M | - | $658.00M | $153.00M | $732.00M | $735.00M | $151.00M | $-611.00M | $292.00M | $171.00M | $549.00M | $396.00M | $453.00M | $487.00M | $401.00M | $389.00M | $403.00M |
| Avg Forecast | $624.41M | $617.20M | $612.26M | $595.18M | $606.01M | $597.43M | $599.46M | $227.14M | $624.11M | $626.49M | $614.11M | $242.93M | $629.27M | $687.49M | $584.55M | $259.82M | $-5.88B | $624.99M | $417.39M | $277.89M | $-6.29B | $494.06M | $379.44M | $386.80M | $-296.88M | $730.70M | $386.65M | $486.95M | $-994.29M | $582.75M |
| High Forecast | $624.41M | $617.20M | $612.26M | $595.18M | $606.01M | $608.19M | $599.46M | $272.57M | $624.11M | $626.49M | $614.11M | $291.52M | $629.27M | $824.99M | $584.55M | $311.79M | $-4.71B | $749.99M | $500.86M | $333.46M | $-5.03B | $592.88M | $455.33M | $464.15M | $-237.50M | $876.84M | $463.98M | $584.34M | $-795.43M | $699.31M |
| Low Forecast | $624.41M | $617.20M | $612.26M | $595.18M | $606.01M | $586.67M | $599.46M | $181.71M | $624.11M | $626.49M | $614.11M | $194.35M | $629.27M | $549.99M | $584.55M | $207.86M | $-7.06B | $499.99M | $333.91M | $222.31M | $-7.55B | $395.25M | $303.55M | $309.44M | $-356.25M | $584.56M | $309.32M | $389.56M | $-1.19B | $466.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.17% | 1.20% | 2.54% | 2.12% | 1.10% | - | 2.53% | -0.03% | 1.17% | 1.76% | 0.54% | 0.10% | 0.59% | 0.45% | 1.42% | -1.33% | 0.62% | 1.26% | 0.82% | -0.39% | 0.69% |
1 analysts predict LSXMA's average Quarter EBITDA for Dec 23 to be $624.11M, with a high of $624.11M and a low of $624.11M. This is -14.97% lower than Formula One Group's previous annual EBITDA (Sep 23) of $734.00M.
Formula One Group Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | $307.00M | $166.00M | $183.00M | $775.00M | $305.00M | - | $288.00M | $-8.00M | $342.00M | $337.00M | $-11.00M | $-885.00M | $12.00M | $-88.00M | $214.00M | $126.00M | $140.00M | $167.00M | $61.00M | $126.00M | $185.00M |
| Avg Forecast | $279.64M | $304.94M | $325.90M | $236.22M | $217.15M | $231.93M | $211.92M | $-16.55M | $202.66M | $311.77M | $237.18M | $-17.70M | $180.04M | $28.25M | $213.95M | $-18.93M | $-8.52B | $25.68M | $-214.80M | $-20.24M | $-9.12B | $20.30M | $-195.27M | $150.77M | $-925.06M | $237.02M | $91.72M | $-16.18M | $-1.35B | $277.40M |
| High Forecast | $279.64M | $304.94M | $325.90M | $236.22M | $217.15M | $389.04M | $211.92M | $-13.24M | $202.66M | $311.77M | $237.18M | $-14.16M | $180.04M | $33.90M | $213.95M | $-15.14M | $-6.82B | $30.82M | $-171.84M | $-16.19M | $-7.29B | $24.36M | $-156.22M | $180.93M | $-740.05M | $284.42M | $110.07M | $-12.95M | $-1.08B | $332.88M |
| Low Forecast | $279.64M | $304.94M | $325.90M | $236.22M | $217.15M | $74.81M | $211.92M | $-19.86M | $202.66M | $311.77M | $237.18M | $-21.24M | $180.04M | $22.60M | $213.95M | $-22.71M | $-10.23B | $20.55M | $-257.76M | $-24.29M | $-10.94B | $16.24M | $-234.32M | $120.62M | $-1.11B | $189.61M | $73.38M | $-19.42M | $-1.62B | $221.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.98% | 0.70% | -10.34% | 4.30% | 10.80% | - | -15.22% | 0.00% | 13.32% | -1.57% | 0.54% | 0.10% | 0.59% | 0.45% | 1.42% | -0.14% | 0.59% | 1.82% | -3.77% | -0.09% | 0.67% |
Formula One Group's average Quarter net income forecast for Dec 23 is $202.66M, with a range of $202.66M to $202.66M. LSXMA's average Quarter net income forecast represents a -33.99% decrease compared to the company's last Quarter net income of $307.00M (Sep 23).
Formula One Group SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $376.00M | $387.00M | $385.00M | $784.00M | $424.00M | - | $404.00M | $476.00M | $402.00M | $374.00M | $346.00M | $454.00M | $363.00M | $350.00M | $342.00M | $445.00M | $363.00M | $361.00M | $326.00M | $241.00M | $214.00M |
| Avg Forecast | $419.94M | $415.09M | $411.77M | $400.29M | $407.57M | $401.80M | $403.16M | $520.47M | $419.74M | $421.34M | $413.02M | $556.66M | $423.21M | $854.65M | $393.13M | $595.35M | $409.16M | $776.96M | $854.30M | $636.74M | $379.48M | $614.20M | $776.64M | $395.25M | $783.75M | $707.37M | $451.49M | $742.93M | $453.06M | $349.86M |
| High Forecast | $419.94M | $415.09M | $411.77M | $400.29M | $407.57M | $409.04M | $403.16M | $624.57M | $419.74M | $421.34M | $413.02M | $667.99M | $423.21M | $1.03B | $393.13M | $714.43M | $410.01M | $932.35M | $1.03B | $764.09M | $380.27M | $737.04M | $931.97M | $474.30M | $940.50M | $848.84M | $541.79M | $891.52M | $543.67M | $419.83M |
| Low Forecast | $419.94M | $415.09M | $411.77M | $400.29M | $407.57M | $394.56M | $403.16M | $416.38M | $419.74M | $421.34M | $413.02M | $445.33M | $423.21M | $683.72M | $393.13M | $476.28M | $408.30M | $621.57M | $683.44M | $509.39M | $378.69M | $491.36M | $621.31M | $316.20M | $627.00M | $565.89M | $361.19M | $594.35M | $362.45M | $279.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.89% | 0.94% | 0.69% | 1.85% | 0.50% | - | 0.68% | 1.16% | 0.52% | 0.44% | 0.54% | 1.20% | 0.59% | 0.45% | 0.87% | 0.57% | 0.51% | 0.80% | 0.44% | 0.53% | 0.61% |
Formula One Group's average Quarter SG&A projection for Dec 23 is $419.74M, based on 1 Wall Street analysts, with a range of $419.74M to $419.74M. The forecast indicates a 11.63% rise compared to LSXMA last annual SG&A of $376.00M (Sep 23).
Formula One Group EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | $0.94 | $0.51 | $0.56 | $-2.59 | $0.93 | - | $0.87 | $-0.02 | $1.03 | $1.01 | $-0.03 | $-2.58 | $0.03 | $-0.26 | $0.68 | $-15.27 | $0.44 | $0.52 | $0.19 | $-21.61 | $0.56 |
| Avg Forecast | $0.75 | $0.82 | $0.87 | $0.63 | $0.58 | $0.62 | $0.57 | $0.57 | $0.54 | $0.83 | $0.63 | $0.37 | $0.48 | $0.58 | $0.58 | $0.45 | $0.57 | $0.39 | $0.35 | $0.29 | $0.18 | $0.42 | $0.34 | $0.34 | $0.35 | $0.41 | $0.29 | $0.39 | $0.60 | $0.59 |
| High Forecast | $0.75 | $0.82 | $0.87 | $0.63 | $0.58 | $1.04 | $0.57 | $0.57 | $0.54 | $0.83 | $0.63 | $0.37 | $0.48 | $0.58 | $0.58 | $0.45 | $0.57 | $0.39 | $0.35 | $0.29 | $0.18 | $0.42 | $0.34 | $0.34 | $0.35 | $0.41 | $0.29 | $0.39 | $0.72 | $0.71 |
| Low Forecast | $0.75 | $0.82 | $0.87 | $0.63 | $0.58 | $0.20 | $0.57 | $0.57 | $0.54 | $0.83 | $0.63 | $0.37 | $0.48 | $0.58 | $0.58 | $0.44 | $0.57 | $0.39 | $0.35 | $0.29 | $0.18 | $0.42 | $0.34 | $0.34 | $0.35 | $0.41 | $0.29 | $0.39 | $0.48 | $0.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.13% | 0.80% | 1.52% | -5.38% | 1.60% | - | 1.95% | -0.04% | 2.67% | 2.86% | -0.11% | -14.56% | 0.07% | -0.76% | 2.01% | -43.22% | 1.07% | 1.81% | 0.48% | -36.01% | 0.95% |
According to 1 Wall Street analysts, Formula One Group's projected average Quarter EPS for Dec 23 is $0.54, with a low estimate of $0.54 and a high estimate of $0.54. This represents a -42.36% decrease compared to LSXMA previous annual EPS of $0.94 (Sep 23).
LSXMA Forecast FAQ
Is Formula One Group a good buy?
Yes, according to 3 Wall Street analysts, Formula One Group (LSXMA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of LSXMA's total ratings.
What is LSXMA's price target?
Formula One Group (LSXMA) average price target is $29.5 with a range of $23 to $36, implying a 30.88% from its last price of $22.54. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Formula One Group stock go up soon?
According to Wall Street analysts' prediction for LSXMA stock, the company can go up by 30.88% (from the last price of $22.54 to the average price target of $29.5), up by 59.72% based on the highest stock price target, and up by 2.04% based on the lowest stock price target.
Can Formula One Group stock reach $30?
LSXMA's highest twelve months analyst stock price target of $36 supports the claim that Formula One Group can reach $30 in the near future.
What are Formula One Group's analysts' financial forecasts?
Formula One Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.74B (high $8.78B, low $8.7B), average EBITDA is $2.03B (high $2.09B, low $1.97B), average net income is $644.45M (high $804.88M, low $484.03M), average SG&A $1.73B (high $1.84B, low $1.62B), and average EPS is $2.34 (high $2.76, low $1.92). LSXMA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.99B (high $8.99B, low $8.99B), average EBITDA is $2.45B (high $2.45B, low $2.45B), average net income is $1.15B (high $1.15B, low $1.15B), average SG&A $1.65B (high $1.65B, low $1.65B), and average EPS is $3.07 (high $3.07, low $3.07).
Did the LSXMA's actual financial results beat the analysts' financial forecasts?
Based on Formula One Group's last annual report (Dec 2023), the company's revenue was $22.75B, beating the average analysts forecast of $9.01B by 152.45%. Apple's EBITDA was $570M, missing the average prediction of $2.11B by -72.96%. The company's net income was $563M, missing the average estimation of $733.91M by -23.29%. Apple's SG&A was $3.56B, beating the average forecast of $1.81B by 96.44%. Lastly, the company's EPS was $0, missing the average prediction of $2.38 by -100.00%. In terms of the last quarterly report (Sep 2023), Formula One Group's revenue was $2.27B, missing the average analysts' forecast of $2.3B by -1.20%. The company's EBITDA was $734M, beating the average prediction of $626.49M by 17.16%. Formula One Group's net income was $307M, missing the average estimation of $311.77M by -1.53%. The company's SG&A was $376M, missing the average forecast of $421.34M by -10.76%. Lastly, the company's EPS was $0.94, beating the average prediction of $0.834 by 12.76%