Zacks upgrades Liberty Media stock as consensus target sits at USD 116.29

Published on 10/20/2026 at 19:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 934.00 million versus USD 952.78 million expected. Liberty Media stock costs EUR 81.75 on October 20, 2026 at 7:17 p.m. CEST.

Zacks rating and results date

Zacks Research upgraded Liberty Media from hold to strong buy on October 15, 2026, while the consensus target was USD 116.29.
Second-quarter revenue reached USD 934.00 million against USD 952.78 million expected on August 6, 2026.
Liberty Media stock costs EUR 81.75 at Lang & Schwarz on October 20, 2026 at 7:17 p.m. CEST.
Liberty Media is scheduled to discuss third-quarter results on November 5, 2026.

Regieraum mit Bildschirmen für Live-Sportübertragung und Tontechnik — Liberty Media Corp. (US5312298541) betreibt Rundfunk-Regieraum mit Monitoren für Motorsport-Übertragungen und Audiowellen, Illustration mit AI erstellt.

Liberty Media stock (ISIN US5312297550) gained a new analyst signal after MarketBeat reported on October 15, 2026 that Zacks Research upgraded the stock from hold to strong buy. The consensus price target stood at USD 116.29, or 26.33 percent above the USD 92.05 Nasdaq quote at 1:24 p.m. ET on October 20, 2026. Liberty Media stock was trading at EUR 81.75 at Lang & Schwarz on October 20, 2026 at 7:17 p.m. CEST.

Analyst support meets weaker results

The rating upgrade followed Liberty Media's second-quarter results, which showed revenue of USD 934.00 million against USD 952.78 million expected. MarketBeat reported that diluted earnings per share were USD 0.02 versus a USD 0.24 consensus estimate for the quarter ended June 30, 2026. Revenue fell 1.97 percent short of expectations, while the earnings shortfall was larger in percentage terms.

Formula One calendar shapes revenue

Benzinga reported that Formula One held five races in the second quarter of 2026, compared with nine in the same period a year earlier. Through June 30, the race count was eight versus 11, and Formula One revenue declined 15 percent year to date. Management expected 23 races for 2026 and a return to a 24-race calendar in 2027.

What comes next for Liberty Media?

Liberty Media lists its third-quarter 2026 earnings conference call for November 5, 2026, at 10:00 a.m. ET. The company also lists 224,336,239 outstanding FWONK shares as of April 30, 2026. The next report will give investors a fresh comparison against the race-calendar effects visible in the first half.

Liberty Media stock at a glance

Liberty Media's Formula One Group combines broadcast rights, race promotion, sponsorship, licensing and hospitality. Its USD 23.1 billion market capitalization and USD 80.15 to USD 107.31 52-week range place the October 20 Nasdaq quote in the lower half of its yearly band. The consensus target of USD 116.29 is 26.33 percent above that quote.

At Lang & Schwarz, Liberty Media stock was trading at EUR 81.75 on October 20, 2026 at 7:17 p.m. CEST. The Nasdaq quote was USD 92.05 at 1:24 p.m. ET on the same date. The further course of trading is shown by the continuously updated real-time quote of Liberty Media stock.