Why Jefferies Is Bullish on Formula One Stock Now
Liberty Media (FWONK) stock is down 4% YTD and 4% over 52 weeks, despite a recent 2% rise on positive Jefferies coverage. Q2 2026 results showed revenue declines due to fewer F1 races, with F1 revenue down 38% YOY to $764M. Analysts expect EPS to fall 8% YOY in 2026 but rise 16% in 2027. FWONK has a 'Strong Buy' consensus rating, with a $117.69 avg. price target, suggesting 24% upside.



