Liberty Media Completes Split-Off of Liberty Live Holdings; Stocks to Begin Trading in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Source: Businesswire
- Completion of Split-Off: Liberty Media successfully completed the split-off of Liberty Live Holdings at 4:05 PM NYC time today, marking the establishment of two independent publicly traded companies, which is expected to enhance their market performance.
- Stock Trading Arrangements: Liberty Live Holdings' Series A and C common stocks will begin trading on the Nasdaq Global Select Market on December 16, 2025, while Series B is expected to quote on OTC Markets around December 17, 2025, thereby enhancing liquidity options for investors.
- Share Structure: Post-split, Liberty Live Holdings has approximately 25.6 million shares of Series A, 2.5 million shares of Series B, and 63.8 million shares of Series C common stock, providing diverse investment opportunities that may attract various types of investors.
- Asset Reallocation: In conjunction with the split-off, Liberty Media reattributed certain assets and liabilities between the Formula One Group and Liberty Live Group, aiming to optimize the financial structure and operational efficiency of both companies.
Analyst Views on FWONA
Wall Street analysts forecast FWONA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FWONA is 108.33 USD with a low forecast of 107.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 80.430
Low
107.00
Averages
108.33
High
110.00
Current: 80.430
Low
107.00
Averages
108.33
High
110.00
About FWONA
Formula One Group (Formula One) is a tracking stock of Liberty Media Corporation (Liberty Media), which is based in the United States. Formula One consists of Liberty Media's interest in Formula 1 and Quint and other minority investments. The Series A and Series C Liberty Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Liberty Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
