In a recent evaluation, Wells Fargo’s analyst Steven Cahill assigned an Equal-Weight rating to Formula One Group (FWONK) on February 27, 2026, suggesting a more cautious outlook for investors. This comes as the stock has exhibited signs of volatility amid broader market trends, closing at $91.59 with a price target set at $95. This modest upward revision signals that while there may be potential for growth, investors should tread carefully in the current climate.
Recent Price Action
The trading behavior of FWONK has shown notable fluctuations recently. Closing at $91.59, the stock has experienced a price change of $5.05, or 5.83%, showcasing a positive turn in investor sentiment. The stock’s volatility has been relatively subdued, with a beta of 0.71, indicating less sensitivity to market movements. Over the past year, FWONK has ranged from a 52-week high of -20.87% to a low of 14.99%, contributing to strong trading volume of 4.67 million shares against an average volume of 1.76 million. Consequently, the market capitalization stands at approximately $22.9 billion, reflecting investor interest in the shares despite the current price fluctuations.
Historical Performance
Examining FWONK’s performance over various time frames highlights a challenging environment. The stock has seen a decline of nearly 8% over the last 30 days, while the quarterly performance sits at a negative 9.88%. In terms of annual returns, the stock has barely moved, reflecting a minor decrease of 0.92% over the past year. A closer look at volatility reveals a weekly average of 2.58% and monthly volatility at 2.33%, suggesting some level of uncertainty in the stock’s trajectory amidst a backdrop of shifting market conditions.
Earnings Analysis
The most recent earnings report for FWONK, released on November 5, 2025, revealed an earnings per share (EPS) figure of $0.2691, falling significantly short of the estimated $0.42 EPS. This disparity, marked by a surprise factor of -35.93%, raises concerns about the company’s earnings predictability and overall financial health. In the previous quarter, the company posted an EPS of $1.52, far exceeding the forecast of $0.81, indicating that last quarter’s robust performance will need to be assessed in light of the recent downturn.
Consensus Ratings
Wells Fargo’s recent Equal-Weight rating aligns with a broader analyst outlook reflecting a mixed sentiment across the board. The average price target for FWONK is approximately $109.33, with a range from $95 to a high of $122. Out of three total ratings, there are two Buys and one Hold, with no Sell recommendations, indicating a generally optimistic yet cautious perspective among analysts. This tepid rating might reflect a wait-and-see approach from analysts, as investors sift through the recent earnings surprises and overall stock performance.
Stock Grading and Fundamental View
The Stocks Telegraph Grade for Formula One Group is set at 7, an indication that while there are promising elements to the company’s financial health, significant concerns remain. This rating suggests a balanced view, combining some strengths in market positioning and brand equity with underlying financial challenges that could impact future performance. This performance metric serves as guidance for investors evaluating long-term options in the stock.
Conclusion
For investors looking at FWONK, the stock appears suited to those with a moderate risk tolerance who prefer a cautious approach to growth investing. The recent rating from Wells Fargo coupled with mixed performance data suggests the stock may appeal to investors who can weather near-term fluctuations while seeking potential upside as the market stabilizes. However, the recent earnings miss underscores the importance of vigilance concerning company performance and broader market conditions. As such, while FWONK presents a possibility for long-term growth, it is essential for investors to weigh the risks against the potential rewards in this dynamic investment landscape.