WallStSmart
FWON

Liberty Media Corporation Series C Liberty Formula One Common Stock

NASDAQ: FWONK · COMMUNICATION SERVICES · ENTERTAINMENT

$85.09
-1.10% today

Updated 2026-04-29

Market cap
$21.31B
P/E ratio
36.84
P/S ratio
4.76x
EPS (TTM)
$2.31
Dividend yield
52W range
$80 – $109
Volume
2.2M

Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$85.09
Consensus
$112.00
+31.63%
2030 Target
DCF
$75.86
-12.07% MoS
8 analysts:
3 Buy2 Hold2 Sell

Management guidance

No specific revenue targets disclosed by management in available documents. CEO guidance focuses on strategic initiatives (Apple TV deal, MotoGP acquisition, Salesforce partnership) rather than quantified revenue targets. However, Liberty Media completed the split-off of Liberty Live Holdings in December 2025, signaling strategic focus on core F1 business growth.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$535.95
Base case (2030)
$316.30
Bear case (2030)
$210.86

Financial forecast — research-backed

Metric2023202420252026 (E)2028 (E)2029 (E)
Revenue$3.2B$3.7B$4.5B$4.9B$6.0B$6.7B
Revenue growth13.4%22.7%8.5%10.6%12.3%
EPS$0.59$-0.41$2.48$1.63$2.15$2.50
P/S ratio12.0x12.0x12.0x
Implied price$237.22$281.15$316.30

Catalysts & risks

Growth catalysts
+ Apple TV exclusive U.S. streaming rights deal (5-year, 2026+) - significant revenue uplift from media rights expansion
+ MotoGP acquisition integration - new revenue vertical added to F1 ecosystem
+ Netflix viewership surge driving F1 popularity - increases sponsorship and licensing value
+ Big Tech partnerships (Apple, Salesforce, AWS) - expanding digital monetization and fan engagement
+ 2026 FIFA World Cup in U.S. - benefits live sports sentiment and F1 sponsorship climate
Key risks
- Significant insider selling by CEO Chase Carey (47% stake reduction in Dec 2025) - potential signal of valuation concerns
- EPS projections show decline from 2.32 (2025) to 1.63 (2026) - profitability pressure despite revenue growth
- Geopolitical instability (Mideast conflict) may impact sponsorship and event operations
- High valuation multiples (37-53x Forward P/E) leave limited margin for growth disappointment
- Mixed analyst sentiment with recent downgrades by Wall Street Zen despite upgrades by Bernstein and Wells Fargo

Methodology

Liberty Media Corporation Series C Liberty Formula One Common Stock's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.