Guggenheim Analyst Reiterates Buy Rating on Liberty Media Liberty Formula One with $120 Price Target

Guggenheim analyst Curry Baker reiterated a Buy rating on Liberty Media Liberty Formula One with a price target of $120.00. Baker has a 5-star rating with an average return of 10.8% and a 59.49% success rate. The company has a one-year high of $106.26 and a one-year low of $74.34. Corporate insider sentiment is negative, with 38 insiders selling shares over the past quarter.

Liberty Media Corporation's Liberty Formula One Series C (NASDAQ:FWONK) has received a renewed boost from analysts, with several firms reiterating their buy ratings and increasing their price targets. Guggenheim analyst Curry Baker, known for his strong track record, reiterated a Buy rating with a new price target of $120.00 [NUMBER:1]. This comes after a series of positive earnings reports and encouraging market trends.

The stock has been receiving a variety of ratings from analysts, with an average rating of "Moderate Buy" and a consensus target price of $107.56 [NUMBER:1]. Guggenheim's Baker, who has a 5-star rating with an average return of 10.8% and a 59.49% success rate, sees strong potential in the company's Formula One Group. Baker's optimism is supported by the group's robust Q2 results, which showed significant revenue and operating income growth [NUMBER:2].

The company reported Q2 earnings per share (EPS) of $0.05, exceeding analyst estimates, and revenue of $447 million, which was above expectations [NUMBER:2]. Baker anticipates a standout year for Formula One in 2025, driven by expected growth in advertising and sponsorship revenue, as well as potential increases in U.S. media rights fees [NUMBER:2].

Other analysts have also provided positive ratings. Bank of America initiated coverage on FWONK with a "neutral" rating and a price target of $110.00, suggesting an upside potential of 11.18% from the current price [NUMBER:1]. Susquehanna, Rosenblatt Securities, and Guggenheim have all raised their price targets, indicating a positive outlook for the stock [NUMBER:1].

Despite the positive analyst sentiment, corporate insider sentiment is negative, with 38 insiders selling shares over the past quarter. This could indicate a lack of confidence among insiders, but it is important to note that insider selling does not always indicate a bearish outlook [NUMBER:1].

Institutional investors and hedge funds own 92.26% of the company's stock, indicating strong interest and support from the institutional sector [NUMBER:1].

Liberty Media Corporation's Formula One Group is expected to continue driving growth in the coming quarters, with strategic initiatives and market position likely to be key drivers. Investors should closely monitor the company's financial performance and be cautious of potential overbought technical indicators [NUMBER:3].

References:
[1] https://www.marketbeat.com/instant-alerts/liberty-media-corporation-liberty-formula-one-series-c-nasdaqfwonk-receives-average-rating-of-moderate-buy-from-analysts-2025-08-12/
[2] https://www.ainvest.com/news/liberty-media-formula-strong-performance-promising-prospects-drive-buy-rating-2508/
[3] https://www.ainvest.com/news/formula-group-q2-earnings-preview-revenue-eps-expectations-2508/