Seaport Res Ptn Has Bearish Forecast for FWONK Q4 Earnings

Formula One Group (NASDAQ:FWONK) – Investment analysts at Seaport Res Ptn reduced their Q4 2025 earnings per share (EPS) estimates for Formula One Group in a report released on Wednesday, December 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.62 per share for the quarter, down from their previous forecast of $0.77. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for Formula One Group’s current full-year earnings is $1.38 per share.

Formula One Group (NASDAQ:FWONK) last released its earnings results on Tuesday, November 12th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.18. The company had revenue of $848.00 million for the quarter, compared to the consensus estimate of $837.59 million.

Several other analysts have also issued reports on the company. StockNews.com lowered Formula One Group from a “hold” rating to a “sell” rating in a research note on Monday, November 18th. Rosenblatt Securities increased their target price on Formula One Group from $91.00 to $93.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Morgan Stanley increased their target price on Formula One Group from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Monday, September 23rd. Finally, UBS Group began coverage on Formula One Group in a research note on Thursday, October 17th. They set a “neutral” rating and a $85.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $88.25.

Formula One Group Stock Up 1.2 %

NASDAQ:FWONK opened at $93.89 on Friday. The stock’s 50 day moving average price is $81.94 and its two-hundred day moving average price is $77.79. The firm has a market capitalization of $20.87 billion, a price-to-earnings ratio of 81.64 and a beta of 0.18. Formula One Group has a 12-month low of $61.44 and a 12-month high of $94.38.

Institutional Investors Weigh In On Formula One Group

Hedge funds have recently modified their holdings of the company. Lountzis Asset Management LLC raised its position in Formula One Group by 17.0% during the 3rd quarter. Lountzis Asset Management LLC now owns 5,954 shares of the company’s stock worth $461,000 after purchasing an additional 864 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of Formula One Group by 3.0% in the 3rd quarter. MetLife Investment Management LLC now owns 6,946 shares of the company’s stock worth $538,000 after acquiring an additional 203 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Formula One Group by 16.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 27,340 shares of the company’s stock worth $2,117,000 after acquiring an additional 3,958 shares in the last quarter. Hahn Capital Management LLC raised its position in shares of Formula One Group by 33.5% in the 2nd quarter. Hahn Capital Management LLC now owns 68,616 shares of the company’s stock worth $4,929,000 after acquiring an additional 17,219 shares in the last quarter. Finally, Greenwood Gearhart Inc. raised its position in shares of Formula One Group by 8.1% in the 3rd quarter. Greenwood Gearhart Inc. now owns 176,160 shares of the company’s stock worth $13,640,000 after acquiring an additional 13,146 shares in the last quarter. Institutional investors and hedge funds own 92.26% of the company’s stock.

Insider Buying and Selling at Formula One Group

In other Formula One Group news, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $78.78, for a total value of $1,512,733.56. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Brian J. Wendling sold 10,011 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $73.80, for a total value of $738,811.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 31,911 shares of company stock valued at $2,403,701. 4.31% of the stock is currently owned by corporate insiders.

About Formula One Group

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.