Q1 Earnings Forecast for FWONK Issued By Seaport Res Ptn

Formula One Group (NASDAQ:FWONK) – Research analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Formula One Group in a research note issued on Sunday, March 16th. Seaport Res Ptn analyst D. Joyce expects 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 $1.36 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.

Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. raised their target price on Formula One Group from $96.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, March 6th. Rosenblatt Securities reaffirmed a “buy” rating and set a $102.00 target price on shares of Formula One Group in a report on Friday, March 7th. StockNews.com lowered Formula One Group from a “hold” rating to a “sell” rating in a report on Monday, November 18th. Morgan Stanley reduced their target price on Formula One Group from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Friday, February 28th. Finally, Wells Fargo & Company dropped their price target on Formula One Group from $83.00 to $80.00 and set an “underweight” rating for the company in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $95.33.

Formula One Group Price Performance

Shares of Formula One Group stock opened at $87.66 on Tuesday. Formula One Group has a 1 year low of $64.37 and a 1 year high of $102.33. The firm has a market cap of $21.85 billion, a PE ratio of 76.23 and a beta of 0.13. The stock has a fifty day moving average price of $93.65 and a 200-day moving average price of $87.06.

Formula One Group (NASDAQ:FWONK) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of $0.42 by ($1.45). The business had revenue of $20.71 billion during the quarter, compared to analyst estimates of $1.37 billion.

Institutional Trading of Formula One Group

Several hedge funds and other institutional investors have recently bought and sold shares of FWONK. Hahn Capital Management LLC lifted its position in Formula One Group by 47.7% in the fourth quarter. Hahn Capital Management LLC now owns 67,197 shares of the company’s stock valued at $6,226,000 after purchasing an additional 21,699 shares during the last quarter. Greenwood Gearhart Inc. increased its stake in shares of Formula One Group by 8.1% during the third quarter. Greenwood Gearhart Inc. now owns 176,160 shares of the company’s stock valued at $13,640,000 after buying an additional 13,146 shares during the period. Everence Capital Management Inc. purchased a new position in shares of Formula One Group during the fourth quarter valued at approximately $827,000. Allstate Corp purchased a new position in shares of Formula One Group during the fourth quarter valued at approximately $571,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Formula One Group by 1.2% during the fourth quarter. Public Employees Retirement System of Ohio now owns 405,019 shares of the company’s stock valued at $37,529,000 after buying an additional 4,897 shares during the period. Institutional investors own 92.26% of the company’s stock.

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.