Analyst Price Target is $82.00
▲ +18.62% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Formula One Group in the last 3 months. The average price target is $82.00, with a high forecast of $83.00 and a low forecast of $81.00. The average price target represents a 18.62% upside from the last price of $69.13.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Formula One Group. This rating has held steady since May 2024, when it changed from a Moderate Buy consensus rating.
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Read More