ORLANDO - Falcon's Beyond Global, Inc. (Nasdaq:FBYD), a company focused on immersive storytelling, announced Tuesday it has been included on the preliminary list for addition to the Russell 2000 Index. With a market capitalization of $1.42 billion and a remarkable 122.36% price return over the past year, the company has been gaining significant investor attention. The final membership is expected to become effective after market close on December 22, 2025, following the reconstitution of the Russell U.S. Indexes.
The Russell 2000 Index, widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, updates its membership annually. Companies included remain in the index for one year.
"Falcon's is honored to be included in the Russell 2000 Index as additional validation of our tremendous growth opportunities," said Cecil D. Magpuri, Chief Executive Officer of Falcon's Beyond, in a press release statement. The company's financial data shows impressive gross profit margins of 79.88%, though InvestingPro analysis indicates the stock is currently trading at a high earnings multiple with a P/E ratio of 956.46.
Falcon's Beyond operates through three business units: Falcon's Creative Group, which creates master plans and designs attractions; Falcon's Beyond Destinations, which develops entertainment experiences; and Falcon's Beyond Brands, which focuses on animation, movies, licensing and merchandising.
The company, headquartered in Orlando, Florida, went public on Nasdaq and describes itself as operating at "the intersection of content, technology, and experiences." The Russell 2000 inclusion is expected to potentially enhance the company's visibility and broaden its investor base.
FTSE Russell, which manages the index, is wholly owned by London Stock Exchange Group and calculates thousands of indexes that measure and benchmark markets and asset classes globally. Investors should note that FBYD has shown strong price momentum with a 150.29% return over the last six months, though InvestingPro analysis suggests the stock may be overvalued compared to its Fair Value. For deeper insights into FBYD's financial health and 16 additional ProTips, consider exploring most overvalued stocks and comprehensive valuation tools.
In other recent news, Falcon's Beyond Global, Inc. has announced significant leadership changes within the company. Mitchell Magill has been appointed as the new president of Falcon's Creative Group, a division of Falcon's Beyond Global. In his role, Magill will be responsible for the strategic, creative, and operational direction of the group, focusing on growth in themed experiences and destination projects worldwide. Additionally, Falcon's Beyond Global has promoted Jason Ambler to the newly created position of Chief Content Officer. Ambler will be tasked with supporting the company's global content strategy and overseeing content development and distribution across both physical and digital platforms. He will collaborate closely with CEO Cecil D. Magpuri and other senior leaders. These developments reflect the company's ongoing efforts to strengthen its leadership team and enhance its strategic initiatives.
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