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Upturn AI Summary - About
Liberty Media Corporation Series C Liberty Formula One Common Stock(FWONK)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FWONK
11/09/2026: FWONK (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Liberty Media's Formula One Group (FWONK) serves as the primary commercial rights holder for the global FIA Formula One World Championship. The company has seen success by expanding the sport's footprint into the U.S. market, supported by strong media partnerships and increased sponsorship engagement. Its main growth story centers on capitalizing on the brand's rising global popularity. However, investors should monitor risks such as high operational costs, reliance on a single sports asset, and potential regulatory shifts in global environmental policies. The stock is best suited for growth-oriented investors looking for exposure to the premium live sports market, with dividends currently not a feature of the investment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company continues to expand its global footprint and monetization of its primary sports asset. |
| Momentum investor | Strong fit while signal remains positive | The sport's rising popularity and commercial success often drive strong share price performance. |
| Value investor | Mixed fit | Valuation is often premium due to the unique, irreplaceable nature of the Formula One asset. |
| Dividend investor | Weak fit | The company does not pay dividends and prioritizes capital allocation for growth. |
| Low-risk investor | Weak fit | The stock can experience significant volatility based on its connection to high-profile sports business outcomes. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock's dependence on the success of a single sports property creates inherent market fluctuations. |
| Valuation risk | Medium / high | Market enthusiasm for Formula One can lead to premium valuations that may be sensitive to news. |
| Competition risk (sports broadcasting) | Medium | The fight for viewer time against other global sports leagues remains intense. |
| Business quality | Strong | The underlying asset is a unique, high-barrier-to-entry global sports brand. |
| Dividend income | Low / none | Income-focused investors will not find this ticker suitable. |
| Execution risk | Medium | Management must navigate complex global logistics and regulatory environments to host races. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 16.14% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 27.07B USD | Price to earnings Ratio 104.25 | 1Y Target Price 118.76 |
Price to earnings Ratio 104.25 | 1Y Target Price 118.76 | ||
Volume (30-day avg) 2.8M shares | Beta 0.68 | 52 Weeks Range 80.15 - 108.40 | Updated Date 11/08/2026 |
52 Weeks Range 80.15 - 108.40 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.02 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Race Promotion | Fees paid by race organizers to host a Formula One event. | The company gets paid simply for allowing cities and tracks to host a race. |
| Media Rights | Broadcast and streaming rights fees paid by television networks and platforms. | TV stations pay the company large sums for the rights to air the races. |
| Sponsorship | Global sponsorship deals with major brands. | Major global corporations pay for brand visibility throughout the racing season. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-05 | When Before Market | Estimate 0.59 | Actual 0.43 |
Profitability
Profit Margin 12.4% | Operating Margin (TTM) 19.33% |
Management Effectiveness
Return on Assets (TTM) 2.24% | Return on Equity (TTM) 4.11% |
Valuation
Trailing PE 104.25 | Forward PE 54.95 | Enterprise Value 30.13B | Price to Sales(TTM) 6.02 |
Enterprise Value 30.13B | Price to Sales(TTM) 6.02 | ||
Enterprise Value to Revenue 6.73 | Enterprise Value to EBITDA 23.88 | Shares Outstanding 229.91M | Shares Floating 244.80M |
Shares Outstanding 229.91M | Shares Floating 244.80M | ||
Percent Insiders 1.4 | Percent Institutions 102.93 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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