Rating Change
Guggenheim reiterated its Buy rating on Formula One Group (NASDAQ:FWONK) on August 17, 2026.
reiterateNASDAQ:FWONK
Guggenheim Reiterates Buy Rating on Formula One Group (FWONK)
Guggenheim reiterated its Buy rating on Formula One Group (NASDAQ:FWONK) on August 17, 2026.
At publication ·
What changed
Formula One Group (NASDAQ:FWONK) · reiterate
- Firm
- Guggenheim
- Rating
- Buy to Buy
- Price at event
- $102.40
- Market capitalization
- $31.0B
At a glance
Key takeaways
- Guggenheim reiterated a Buy rating on Formula One Group (FWONK) on August 17, 2026, with the stock trading at $102.39 and a market capitalization of $31.0 billion.
Market Context
Formula One Group operates in the Communication Services sector. The stock currently trades at $102.39 with a market capitalization of $31.0B.
Analyst coverage from Guggenheim provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Formula One Group.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Formula One Group
Among the 10 most recent ratings: 9 Buy, 0 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 17, 2026 | Guggenheim | Buy | N/A |
| Jul 02, 2026 | Citizens | Market Outperform | N/A |
| May 11, 2026 | Citigroup | Buy | N/A |
| Mar 30, 2026 | Citizens | Market Outperform | N/A |
| Mar 25, 2026 | Citigroup | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View FWONK Stock Page
Frequently Asked Questions
What does the Buy rating mean for FWONK?
A rating of Buy from Guggenheim reflects the analyst's outlook on Formula One Group (NASDAQ:FWONK). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FWONK forecast page.