Formula One Group Locked In Its Biggest Star Through 2030. Investors Noticed.

Key Takeaways for Formula One Group Stock as of August 2026

• Three-Month Run: FWONK climbed 15.2% over the past three months, closing at $104.16 on August 20 after trading as low as the high-$80s in May.
• Street Repositioning: Wall Street’s mean target on Formula One Group stock now sits at $120.38, up from $115.00 as of June 30, with 11 buys, 3 outperforms, and 2 holds among 16 analysts publishing targets.
• Model Upside: TIKR’s mid-case valuation model puts fair value at $157.69, implying 51% total return and a 10% annualized return through roughly the end of 2030.
• Calendar Cleared: Red Bull locked in Max Verstappen through 2030, Las Vegas extended its Grand Prix through 2037, and the rescheduled Bahrain race in Malaysia removed the last major calendar question mark this season.

Formula One Group stock just climbed 15% while its own quarterly revenue fell 38%. See what the Street is actually pricing in on FWONK on TIKR for free →

Why Formula One Group Stock’s 15% Three-Month Rally Outran a Revenue Miss

Formula One Group (FWONK) stock has climbed 15.2% over the past three months, rising from the high-$80s in late May to close at $104.16 on August 20. That run happened despite a second quarter in which Formula One’s revenue fell 38% year over year to $764 million, a decline the company attributes almost entirely to holding four fewer races than the prior-year quarter. Liberty Media’s consolidated revenue of $934 million slightly missed the $942 million analyst consensus.

The gap between the headline miss and the stock’s climb comes down to what management chose to emphasize on the Q2 earnings earnings call. Calendar variance makes quarterly comparisons noisy in a business that recognizes season-based revenue as races happen, and Formula One’s leadership pushed analysts to look past it. Brian Wendling, Liberty Media’s Chief Accounting and Principal Financial Officer, put it plainly: “As per the calendar variability, the business is performing incredibly well.” He pointed to sponsorship, licensing, and Paddock Club demand as the underlying drivers, all of which are already sold out for the rest of the season.

Three developments since late July reinforced that framing. Formula One rescheduled the canceled Bahrain Grand Prix to Malaysia’s Sepang circuit for October 4, restoring the season to 23 races and removing the risk that the year ends early. Las Vegas locked in a 10-year extension through 2037, giving the company certainty to invest in infrastructure there. And on August 20, Max Verstappen signed a contract extension with Red Bull through 2030, closing off speculation that Formula One’s most recognizable driver could exit the sport’s biggest team. Together, those three items answered the questions that had been hanging over the stock heading into the back half of the year.

Formula One Group stock’s rally, in other words, tracks certainty returning to the calendar and the driver lineup more than it tracks the quarter’s reported numbers.

The Verstappen deal and the Vegas extension both landed in August. Dig into how Formula One Group stock’s fundamentals actually stack up on TIKR for free →

Formula One Group Stock’s Street Coverage Turns More Bullish as Targets Climb

Sixteen analysts currently publish price targets on Formula One Group stock, with a mean target of $120.38 as of August 20. That sits 16% above the $104.16 close. The current ratings split runs 11 buys, 3 outperforms, and 2 holds, with no underperform or sell ratings on the stock.

That positioning marks a shift from earlier in the year. The mean target bottomed at $115.00 across both the March 31 and June 30 readings, while the stock itself fell as low as $85.02 in late March before recovering. Coverage has also expanded, growing from 13 analysts publishing targets a year ago to 16 today.

Analysts raised their mean target by more than $5 in the two months since June 30, a period that overlaps almost exactly with the stock’s three-month climb. The Street moved with the price rather than ahead of it, which suggests analysts are validating the calendar and sponsorship developments rather than anticipating them.

TIKR Values FWONK Stock at $158, Betting on 10% Annual Returns Through 2030

TIKR’s mid-case model values Formula One Group stock at $157.69, implying 51% total return from the current price of $104.16 over the next 4.4 years, or a 10% annualized return through roughly the end of 2030.

That 10% annualized return sits above what a passive S&P 500 investor should expect over the same stretch, positioning Formula One Group stock as a growth holding rather than a defensive one within a portfolio.

The model’s confidence rests on the same items driving the recent rally: a cleared calendar through 2028, sponsorship and licensing revenue that management says is still under-monetized, and a driver lineup now locked in through 2030. Sixteen analysts already back a $120 mean target well above today’s price, and TIKR’s model simply extends that same trajectory further out, betting that Paddock Club expansion and new Sprint races continue compounding revenue even as race-count noise fades from the reported numbers.

TIKR’s model puts fair value on Formula One Group stock at $158, well above where 16 analysts have it. See the full valuation breakdown on TIKR for free →

Should You Invest in Formula One Group?

The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.

Pull up Formula One Group stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.

You can build a free watchlist to track Formula One Group alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.

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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!