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FWONA

Formula One Group

FWONA

NASDAQ·Communication Services·Entertainment·Mkt cap $22.7B

$90.62

▲ +0.19%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$73.70 - $99.52

P/E

27.05

Fwd P/E

40.74

Beta

0.67

Div Yield

0.00%

Avg Vol

149.2K

Shares Out

250.0M

Mkt Cap

$22.7B

Price action

Price chart

Down 2.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Exclusive global commercial rights to Formula 1 World Championship
  • Iconic brand with 70+ year history and global recognition
  • Highly engaged global fanbase with 500+ million annual viewers
  • Strong recurring revenue model from long-term broadcasting contracts
▼

Bear Case

2 risks

  • Low volatility (beta 0.7).
  • Growth premium of 2.1x vs Video Streaming peers. Elevated but may be justified by growth trajectory.

Growth

Moderate growth ahead

Expansion into emerging markets including Asia and Middle East

Value

Growth premium of 2.1x vs Video Streaming peers. Elevated but may be justified by growth trajectory.

Momentum

Strong

+12.1% over 3m

Quality

Stable

High-growth business (35% revenue growth, 33% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 31, 2026

“
Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.22 vs -$0.05 consensus (+517.3% surprise). Revenue of $711.0M vs $675.9M expected (+5.2%). Beat on both top and bottom lines.

EPS beat +517.3%
Rev beat +5.2%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+517.3%

Next: Jul 31, 2026

Revenue trend · last 8Q

—

—

—

-24%

+36%

+19%

+38%

+59%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$988.0M

$911.0M

$1.2B

$447.0M

$1.3B

$1.1B

$1.6B

$711.0M

Margins · last 8Q

Gross

—

Operating

—

Profit

8.0%

View full earnings history →

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

—

Latest: Citi · Jul 2, 2026

View full analyst page →

vs Industry

How FWONA stacks vs Entertainment

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.