Formula One Group (LSXMA) Stock Forecast, Price Target & Predictions

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LSXMA Stock Forecast

Formula One Group stock forecast is as follows: an average price target of $23.00 (represents a 3.19% upside from LSXMA’s last price of $22.29) 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 $23.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $23.00. This represents a potential 3.19% upside from LSXMA's last price of $22.29.

LSXMA Analyst Ratings

Buy

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%	3.19%
Apr 29, 2024	David Joyce	Seaport Global	$36.00	$25.61	40.57%	61.51%

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 3.19% increase from LSXMA last price ($22.29).

Formula One Group Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$29.50
Last Closing Price	$22.29	$22.29	$22.29
Upside/Downside	-100.00%	-100.00%	32.35%

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 $22.29. 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
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	Jun 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	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	$2.27B	$2.25B	$2.14B	$5.44B	$2.28B	$2.25B	$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	$1.38B	$1.29B
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	$2.28B	$2.28B	$2.24B	$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	$1.29B	$1.43B
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	$2.30B	$2.28B	$2.24B	$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	$1.54B	$1.72B
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	$2.27B	$2.28B	$2.24B	$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	$1.03B	$1.15B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13	13	13	15	13
Surprise %	-	-	-	-	-	-	-	-	-	0.99%	1.00%	0.99%	2.38%	1.00%	1.01%	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%	1.07%	0.90%

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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13	13	13	15	13
EBITDA	-	-	-	-	-	-	-	-	-	$734.00M	$736.00M	$616.00M	$1.33B	$759.00M	$648.00M	$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	$467.00M	$406.00M
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	$-5.50B	$622.78M	$610.98M	$259.82M	$608.37M	$588.05M	$570.19M	$277.89M	$564.24M	$517.18M	$508.51M	$386.80M	$549.41M	$540.68M	$409.82M	$486.95M	$315.70M	$515.21M
High Forecast	$624.41M	$617.20M	$612.26M	$595.18M	$606.01M	$608.19M	$600.24M	$272.57M	$624.11M	$626.49M	$614.11M	$291.52M	$-4.40B	$622.78M	$610.98M	$311.79M	$608.37M	$588.05M	$570.19M	$333.46M	$564.24M	$517.18M	$508.51M	$464.15M	$549.41M	$540.68M	$409.82M	$584.34M	$378.84M	$618.25M
Low Forecast	$624.41M	$617.20M	$612.26M	$595.18M	$606.01M	$586.67M	$598.67M	$181.71M	$624.11M	$626.49M	$614.11M	$194.35M	$-6.60B	$622.78M	$610.98M	$207.86M	$608.37M	$588.05M	$570.19M	$222.31M	$564.24M	$517.18M	$508.51M	$309.44M	$549.41M	$540.68M	$409.82M	$389.56M	$252.56M	$412.17M
Surprise %	-	-	-	-	-	-	-	-	-	1.17%	1.20%	2.54%	-0.24%	1.22%	1.06%	2.53%	0.25%	1.24%	1.29%	0.54%	-1.08%	0.56%	0.34%	1.42%	0.72%	0.84%	1.19%	0.82%	1.48%	0.79%

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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13	13	13	15	13
Net Income	-	-	-	-	-	-	-	-	-	$307.00M	$166.00M	$183.00M	$775.00M	$305.00M	$447.00M	$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	$200.00M	$124.00M
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	$-7.97B	$237.33M	$218.03M	$-18.93M	$212.07M	$144.91M	$132.22M	$-20.24M	$66.29M	$158.15M	$126.29M	$150.77M	$132.17M	$154.34M	$107.50M	$-16.18M	$107.42M	$201.16M
High Forecast	$279.64M	$304.94M	$325.90M	$236.22M	$217.15M	$389.04M	$211.92M	$-13.24M	$202.66M	$311.84M	$237.18M	$-14.16M	$-6.38B	$237.33M	$218.03M	$-15.14M	$212.07M	$144.91M	$132.22M	$-16.19M	$66.29M	$158.15M	$126.29M	$180.93M	$132.17M	$154.34M	$107.50M	$-12.95M	$128.90M	$241.39M
Low Forecast	$279.64M	$304.94M	$325.90M	$236.22M	$217.15M	$74.81M	$211.92M	$-19.86M	$202.66M	$311.70M	$237.18M	$-21.24M	$-9.56B	$237.33M	$218.03M	$-22.71M	$212.07M	$144.91M	$132.22M	$-24.29M	$66.29M	$158.15M	$126.29M	$120.62M	$132.17M	$154.34M	$107.50M	$-19.42M	$85.94M	$160.93M
Surprise %	-	-	-	-	-	-	-	-	-	0.98%	0.70%	-10.34%	-0.10%	1.29%	2.05%	-15.22%	-0.04%	2.36%	2.55%	0.54%	-13.35%	0.08%	-0.70%	1.42%	0.95%	0.91%	1.55%	-3.77%	1.86%	0.62%

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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13	13	13	15	13
SG&A	-	-	-	-	-	-	-	-	-	$376.00M	$387.00M	$385.00M	$784.00M	$424.00M	$419.00M	$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	$202.00M	$184.00M
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	$418.85M	$418.85M	$410.91M	$595.35M	$409.16M	$395.49M	$383.48M	$636.74M	$379.48M	$347.83M	$342.00M	$395.25M	$369.50M	$363.63M	$275.62M	$742.93M	$264.04M	$305.84M
High Forecast	$419.94M	$415.09M	$411.77M	$400.29M	$407.57M	$409.04M	$403.69M	$624.57M	$419.74M	$421.34M	$413.02M	$667.99M	$421.03M	$418.85M	$410.91M	$714.43M	$409.16M	$395.49M	$383.48M	$764.09M	$379.48M	$347.83M	$342.00M	$474.30M	$369.50M	$363.63M	$275.62M	$891.52M	$316.85M	$367.01M
Low Forecast	$419.94M	$415.09M	$411.77M	$400.29M	$407.57M	$394.56M	$402.63M	$416.38M	$419.74M	$421.34M	$413.02M	$445.33M	$416.67M	$418.85M	$410.91M	$476.28M	$409.16M	$395.49M	$383.48M	$509.39M	$379.48M	$347.83M	$342.00M	$316.20M	$369.50M	$363.63M	$275.62M	$594.35M	$211.23M	$244.67M
Surprise %	-	-	-	-	-	-	-	-	-	0.89%	0.94%	0.69%	1.87%	1.01%	1.02%	0.68%	1.16%	1.02%	0.98%	0.54%	1.20%	1.04%	1.02%	0.87%	1.20%	1.00%	1.31%	0.44%	0.77%	0.60%

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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13	13	13	15	13
EPS	-	-	-	-	-	-	-	-	-	$0.94	$0.51	$0.56	$-2.59	$0.93	$1.36	$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	$0.60	$0.37
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	$0.63	$0.63	$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	$0.41	$0.39
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	$0.63	$0.63	$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	$0.49	$0.47
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	$0.63	$0.63	$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	$0.33	$0.31
Surprise %	-	-	-	-	-	-	-	-	-	1.13%	0.80%	1.52%	-4.08%	1.47%	2.33%	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%	1.46%	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).

Formula One Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
IHRT	iHeartMedia	$2.06	$5.00	142.72%	Buy
TGNA	TEGNA	$18.10	$24.00	32.60%	Buy

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 $23 with a range of $23 to $23, implying a 3.19% from its last price of $22.29. 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 3.19% (from the last price of $22.29 to the average price target of $23), up by 3.19% based on the highest stock price target, and up by 3.19% based on the lowest stock price target.

Can Formula One Group stock reach $30?

LSXMA's average twelve months analyst stock price target of $23 does not support 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 $8.79B, 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%