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 Formula One Group in a 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 currently 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.

Other research analysts have also recently issued research reports about the company. Guggenheim reiterated a “buy” rating on shares of Formula One Group in a research report on Monday, March 3rd. Wells Fargo & Company assumed coverage on Formula One Group in a research report on Monday, February 24th. They issued an “underweight” rating and a $83.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $82.33.

Formula One Group Stock Performance

NASDAQ:FWONA opened at $80.06 on Tuesday. The stock has a fifty day moving average price of $86.11 and a two-hundred day moving average price of $79.97. The stock has a market capitalization of $19.96 billion, a price-to-earnings ratio of 69.62 and a beta of 0.15. Formula One Group has a 1 year low of $57.43 and a 1 year high of $95.33.

Formula One Group (NASDAQ:FWONA) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. increased its position in shares of Formula One Group by 67.2% in the fourth quarter. Russell Investments Group Ltd. now owns 662 shares of the company’s stock valued at $56,000 after buying an additional 266 shares in the last quarter. FNY Investment Advisers LLC increased its position in shares of Formula One Group by 25.6% in the fourth quarter. FNY Investment Advisers LLC now owns 779 shares of the company’s stock valued at $65,000 after buying an additional 159 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in shares of Formula One Group by 4.2% in the third quarter. Integrated Wealth Concepts LLC now owns 7,462 shares of the company’s stock valued at $534,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 8.38% of the company’s stock.

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.