Liberty Media Q2 revenue slightly misses estimates
Deal and contract updates
The company announced a 10-year Las Vegas Grand Prix extension and renewed major broadcast and sponsorship deals.
MotoGP signed new manufacturer and team agreements through 2031, supporting long-term growth.
Consensus details and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Miss* | $934 mln | $942.24 mln (11 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell".
The average consensus recommendation for the broadcasting peer group is "buy".
Wall Street's median 12-month price target for Formula One Group is $117.00, about 32.5% above its August 5 closing price of $88.31.
Quarterly revenue and profitability
Motorsport event organizer's Q2 2026 revenue fell year over year, slightly missing analyst expectations.
Adjusted OIBDA for Q2 dropped 61% year over year, reflecting fewer races and lower media revenue.
Management commentary and result drivers
The company said demand for its brands remains robust despite global uncertainties.
