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

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

Liberty Media Corporation – Liberty Formula One Series C Price Performance

NASDAQ FWONK traded up $3.16 during trading on Friday, hitting $102.85. The company’s stock had a trading volume of 2,170,043 shares, compared to its average volume of 2,016,353. Liberty Media Corporation – Liberty Formula One Series C has a fifty-two week low of $80.15 and a fifty-two week high of $109.36. The company has a market cap of $23.05 billion, a PE ratio of 151.25 and a beta of 0.43. The business’s 50 day simple moving average is $94.78 and its 200-day simple moving average is $90.13.

Insider Activity

In other Liberty Media Corporation – Liberty Formula One Series C news, insider Renee L. Wilm sold 11,597 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 15,590 shares of the company’s stock, valued at approximately $1,404,503.10. The trade was a 42.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Chase Carey sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total transaction of $9,028,000.00. Following the transaction, the director owned 94,356 shares in the company, valued at $8,518,459.68. The trade was a 51.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.31% of the company’s stock.

Institutional Trading of Liberty Media Corporation – Liberty Formula One Series C

A number of hedge funds and other institutional investors have recently made changes to their positions in FWONK. Corient Private Wealth LLC boosted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 15.4% in the fourth quarter. Corient Private Wealth LLC now owns 27,605 shares of the company’s stock valued at $2,719,000 after purchasing an additional 3,694 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 3.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 16,719 shares of the company’s stock valued at $1,647,000 after buying an additional 584 shares during the last quarter. Naya Capital Management UK Ltd. acquired a new position in shares of Liberty Media Corporation – Liberty Formula One Series C in the 4th quarter valued at about $208,238,000. Vident Advisory LLC lifted its holdings in shares of Liberty Media Corporation – Liberty Formula One Series C by 3.0% in the 4th quarter. Vident Advisory LLC now owns 5,455 shares of the company’s stock valued at $537,000 after buying an additional 161 shares during the period. Finally, KKM Financial LLC purchased a new stake in shares of Liberty Media Corporation – Liberty Formula One Series C in the fourth quarter worth about $6,156,000. Institutional investors and hedge funds own 92.26% of the company’s stock.

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

Wall Street Analyst Weigh In

Several research firms have issued reports on FWONK. JPMorgan Chase & Co. lifted their target price on Liberty Media Corporation – Liberty Formula One Series C from $124.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday. Sanford C. Bernstein increased their price target 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 report on Tuesday, July 28th. UBS Group increased their price target on shares of Liberty Media Corporation – Liberty Formula One Series C from $104.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday. Wells Fargo & Company raised their price target on shares of 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, 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. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Liberty Media Corporation – Liberty Formula One Series C currently has an average rating of “Moderate Buy” and an average target price of $116.50.

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.