What is Seaport Res Ptn’s Forecast for FWONK Q1 Earnings?

Formula One Group (NASDAQ:FWONK) – Analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Formula One Group in a research report issued on Sunday, March 16th. 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 $1.36 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 ($0.08) EPS.

Formula One Group (NASDAQ:FWONK) last posted its earnings results on Thursday, February 27th. The company reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($1.45). The business had revenue of $20.71 billion for the quarter, compared to analyst estimates of $1.37 billion.

A number of other analysts have also recently weighed in on the stock. Morgan Stanley lowered their price target on shares of Formula One Group from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Friday, February 28th. Rosenblatt Securities restated a “buy” rating and issued a $102.00 price target on shares of Formula One Group in a report on Friday, March 7th. JPMorgan Chase & Co. raised their price target on shares of Formula One Group from $96.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, March 6th. Finally, Wells Fargo & Company lowered their price target on shares of Formula One Group from $83.00 to $80.00 and set an “underweight” rating on the stock in a report on Friday, February 28th. Two analysts have rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Formula One Group has an average rating of “Moderate Buy” and a consensus target price of $95.33.

Formula One Group Stock Performance

NASDAQ:FWONK opened at $87.53 on Tuesday. Formula One Group has a fifty-two week low of $64.37 and a fifty-two week high of $102.33. The stock has a market capitalization of $21.82 billion, a P/E ratio of 76.11 and a beta of 0.13. The company’s 50-day simple moving average is $93.55 and its 200-day simple moving average is $87.13.

Hedge Funds Weigh In On Formula One Group

Several institutional investors have recently made changes to their positions in FWONK. MetLife Investment Management LLC increased its holdings in shares of Formula One Group by 3.0% during the 3rd quarter. MetLife Investment Management LLC now owns 6,946 shares of the company’s stock valued at $538,000 after purchasing an additional 203 shares in the last quarter. Greenwood Gearhart Inc. increased its holdings in 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. Everence Capital Management Inc. purchased a new stake in Formula One Group in the 4th quarter worth $827,000. Janney Montgomery Scott LLC increased its holdings in Formula One Group by 1.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 27,627 shares of the company’s stock worth $2,560,000 after acquiring an additional 287 shares in the last quarter. Finally, Hahn Capital Management LLC increased its holdings in Formula One Group by 47.7% in the 4th quarter. Hahn Capital Management LLC now owns 67,197 shares of the company’s stock worth $6,226,000 after acquiring an additional 21,699 shares in the last quarter. 92.26% of the stock is owned by hedge funds and other institutional investors.

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.