Q1 Earnings Estimate for FWONA Issued By Seaport Res Ptn

Formula One Group (NASDAQ:FWONA) – Analysts at Seaport Res Ptn issued their Q1 2026 earnings per share estimates for shares of Formula One Group in a research note issued to investors on Saturday, March 15th. Seaport Res Ptn analyst D. Joyce forecasts that the company will post earnings per share of ($0.15) for the quarter. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Formula One Group’s current full-year earnings is $1.46 per share. Seaport Res Ptn also issued estimates for Formula One Group’s Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.41 EPS and Q4 2026 earnings at ($0.04) EPS.

A number of other brokerages have also issued reports on FWONA. Wells Fargo & Company assumed coverage on Formula One Group in a research note on Monday, February 24th. They issued an “underweight” rating and a $83.00 price target on the stock. Guggenheim reissued a “buy” rating on shares of Formula One Group in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Formula One Group currently has an average rating of “Moderate Buy” and a consensus price target of $82.33.

Formula One Group Trading Up 0.3 %

Formula One Group stock opened at $80.06 on Tuesday. The stock has a 50-day moving average price of $86.11 and a 200 day moving average price of $79.97. Formula One Group has a 52 week low of $57.43 and a 52 week high of $95.33. The stock has a market cap of $19.96 billion, a PE ratio of 69.62 and a beta of 0.15.

Formula One Group (NASDAQ:FWONA) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($1.46). The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.37 billion.

Hedge Funds Weigh In On Formula One Group

Hedge funds and other institutional investors have recently modified their holdings of the company. FNY Investment Advisers LLC lifted its stake in shares of Formula One Group by 25.6% in the 4th quarter. FNY Investment Advisers LLC now owns 779 shares of the company’s stock valued at $65,000 after purchasing an additional 159 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Formula One Group by 4.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,462 shares of the company’s stock valued at $534,000 after purchasing an additional 300 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Formula One Group by 67.2% in the 4th quarter. Russell Investments Group Ltd. now owns 662 shares of the company’s stock valued at $56,000 after purchasing an additional 266 shares in the last quarter. 8.38% of the stock is owned by institutional investors and hedge funds.

Formula One Group Company Profile

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.