Q1 Earnings Forecast for FWONA Issued By Seaport Res Ptn

Formula One Group (NASDAQ:FWONAFree Report) – Investment analysts at Seaport Res Ptn issued their Q1 2026 earnings per share estimates for Formula One Group in a research note issued to investors on Saturday, March 15th. Seaport Res Ptn analyst D. Joyce anticipates that the company will earn ($0.15) per share 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.

Several other analysts also recently weighed in on FWONA. Guggenheim reiterated a “buy” rating on shares of Formula One Group in a research report on Monday, March 3rd. Wells Fargo & Company started 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 investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $82.33.

Check Out Our Latest Research Report on FWONA

Formula One Group Stock Performance

Shares of FWONA stock opened at $80.83 on Tuesday. Formula One Group has a fifty-two week low of $57.43 and a fifty-two week high of $95.33. The stock has a 50 day moving average price of $86.02 and a two-hundred day moving average price of $79.98. The company has a market capitalization of $20.15 billion, a P/E ratio of 70.29 and a beta of 0.15.

Formula One Group (NASDAQ:FWONAGet Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($1.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($1.46). The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.37 billion.

Hedge Funds Weigh In On Formula One Group

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

Formula One Group Company Profile

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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.

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Earnings History and Estimates for Formula One Group (NASDAQ:FWONA)

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