Why are Hedge Funds Keen on Liberty Media (FWONK)

Peter Supino from Wolfe Research reiterated his bullish views connected Liberty Media Corporation (NASDAQ:FWONK), assigning a Buy standing to the banal connected December 15. Supino besides revised his people terms estimation for the banal from $121 to $123, implying 33% upside.

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This upward revision came aft Wolfe Research shared its 2026 affirmative outlook for the media & amusement vertical. With favorable prospects for unrecorded events concern models, Liberty Media Corporation (NASDAQ:FWONK) is expected to thrive.

On December 2, JPMorgan expert David Karnovsky raised his terms people connected the banal from $120 to $122 and assigned an overweight rating. As per his estimates, the banal offered astir 32% upside from the prevailing level astatine that time. Karnovsky reflected connected the company’s capitalist time presentation, which indicated beardown maturation prospects beyond 2026. He besides saw cardinal spot wrong the F1 ecosystem, which backs his bullish views.

Liberty Media Corporation (NASDAQ:FWONK) operates successful the motorsports business, done its subsidiaries, crossed the U.S. and the United Kingdom. They person the commercialized rights for the FIA Formula One World Championship and are besides liable for its promotion. Other services they connection see ticketing, hospitality packages, licensing, and tv production.

While we admit the imaginable of FWONK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.