Liberty Media stock trades at USD 91.20 after target cut
Published on 10/04/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Liberty Media stock (ISIN US5312297550) closed at USD 91.20 on Nasdaq on October 2, 2026, down 0.44 percent from the prior close. The immediate catalyst is a lower Wells Fargo valuation mark, while the company enters its next reporting cycle after a quarterly earnings miss.
Wells Fargo lowers its target
According to MarketBeat on September 29, 2026, Wells Fargo reduced its Liberty Media Formula One Series C target from USD 105 to USD 96 while keeping an equal-weight rating. At USD 91.20, the revised target lies 5.3 percent above the October 2 closing price.
The reduction contrasts with a broader analyst picture that remains more constructive. On October 3, MarketBeat reported that Wall Street Zen raised its rating from strong sell to sell, while the article cited a moderate-buy consensus and a USD 116.29 average target.
Q2 revenue reaches USD 934 million
Liberty Media reported USD 934 million of revenue for Q2 2026, below the USD 952.78 million analyst estimate, according to MarketBeat. Reported earnings per share were USD 0.02, versus USD 0.24 consensus, a USD 0.22 shortfall for the quarter ended June 30, 2026.
The earnings gap matters because Liberty Media's Formula One tracking stock reflects the commercial rights, media activities, race promotion, sponsorship programs and digital products tied to the championship. The company also owns MotoGP and other minority investments, according to its corporate investor-relations page dated August 6, 2026.
Stock remains below its yearly high
Liberty Media stock traded within a USD 89.43 to USD 92.58 session range on October 2, 2026, with volume of 2,490,151 shares. Its 52-week range was USD 80.15 to USD 109.36, placing the closing price 16.7 percent below the yearly high.
The market capitalization stood at USD 22.9 billion on October 2, 2026. For investors, the key tension is visible in the numbers: the stock sits above Wells Fargo's revised target, yet the wider consensus target remains materially higher than the latest Nasdaq close.
Liberty Media stock closes at USD 91.20
Liberty Media stock closed at USD 91.20 on Nasdaq on October 2, 2026, with a daily change of minus 0.44 percent. Its next reported quarterly event is listed for October 30, 2026 by Investing.com.
Liberty Media stock at a glance
- Company: Liberty Media Corporation
- ISIN: US5312297550
- WKN: A3ERTA
- Ticker: FWONK
- Trading venue: Nasdaq
- Closing price (October 2, 2026): USD 91.20
- Market capitalization: USD 22.9 billion (as of October 2, 2026)
- 52-week range: USD 80.15-109.36 (as of October 2, 2026)
- Sector / Industry: Communication Services / Entertainment
