Analysts Have Maintained Buy Ratings On Formula One Group (FWONA) [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
Group (NASDAQ:FWONA) has a rating of ‘Buy' or equivalent from 78% of the analysts covering the stock. With a median price target of $110, the stock has an upside potential of 27.30% from the current price. On December 2, David Karnovsky, an analyst at JPMorgan, lifted the price target on Formula One Group (NASDAQ:FWONA) to $122 from $120, while keeping an ‘Overweight' rating on the stock. The firm is “incrementally positive” on the company's post-2026 growth trajectory after the investor day. JPMorgan believes the “F1 ecosystem appears to be very healthy.” Action Sports Photography/Shutterstock.com Earlier on November 25, Benchmark reaffirmed its ‘Buy' rating for Formula One Group (NASDAQ:FWONA) and $110.00 price target for 2026. This followed the Las Vegas Grand Prix race, Investor Day, and Formula 1 Business Summit. The firm pointed to the comments from Liberty Media CEO Derek Chang, who highlighted that Apple is poised to be “quite active” in bidding for global Formula 1 righ
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