Analyst Price Target is $71.00
▲ +10.27% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Formula One Group in the last 3 months. The average price target is $71.00, with a high forecast of $77.00 and a low forecast of $62.00. The average price target represents a 10.27% upside from the last price of $64.39.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in Formula One Group. This rating has held steady since March 2023, when it changed from a Hold consensus rating.
Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.