FWONA Stock Summary and Trading Ideas (Liberty Formula One Gr | NASDAQ:FWONA)

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Gr trades on the NASDAQ stock market under the symbol FWONA.

As of March 5, 2025, FWONA stock price climbed to $86.06 with 111,388 million shares trading.

FWONA has a beta of 0.30, meaning it tends to be less sensitive to market movements. FWONA has a correlation of 0.04 to the broad based SPY ETF.

FWONA has a market cap of $21.45 billion. This is considered a Large Cap stock.

Last quarter Liberty Formula One Gr reported $1 billion in Revenue and -$1.05 earnings per share. This fell short of revenue expectation by $-183 million and missed earnings estimates by -$1.42.

In the last 3 years, FWONA traded as high as $95.33 and as low as $45.01.

FWONA has outperformed the market in the last year with a return of +29.7%, while the SPY ETF gained +15.2%. In the last 3 month period, FWONA beat the market returning +3.1%, while SPY returned -3.7%. However, in the most recent 2 weeks FWONA has underperformed the stock market by returning -5.4%, while SPY returned -4.6%.

FWONA support price is $82.32 and resistance is $85.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FWONA shares will trade within this expected range on the day.