Equities Analysts Set Expectations for FWONA Q1 Earnings

Formula One Group (NASDAQ:FWONA - Free Report) - Equities researchers at Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for Formula One Group in a research note issued to investors on Saturday, March 15th. Seaport Res Ptn analyst D. Joyce forecasts 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 brokerages have also issued reports on FWONA. Guggenheim reaffirmed a "buy" rating on shares of Formula One Group in a report on Monday, March 3rd. Wells Fargo & Company initiated coverage on Formula One Group in a report on Monday, February 24th. They set an "underweight" rating and a $83.00 price objective on the stock. One research 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 company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $82.33.

Formula One Group Stock Down 1.7 %

Formula One Group stock traded down $1.40 during midday trading on Tuesday, reaching $78.68. The company's stock had a trading volume of 200,111 shares, compared to its average volume of 106,753. Formula One Group has a fifty-two week low of $57.43 and a fifty-two week high of $95.33. The company has a market cap of $19.61 billion, a P/E ratio of 68.42 and a beta of 0.15. The business has a 50-day simple moving average of $85.81 and a 200-day simple moving average of $80.03.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC raised its position in shares of Formula One Group by 25.6% during the 4th quarter. FNY Investment Advisers LLC now owns 779 shares of the company's stock worth $65,000 after purchasing an additional 159 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Formula One Group by 67.2% during the 4th quarter. Russell Investments Group Ltd. now owns 662 shares of the company's stock worth $56,000 after purchasing an additional 266 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of Formula One Group by 4.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,462 shares of the company's stock worth $534,000 after purchasing an additional 300 shares during the last quarter. 8.38% of the stock is currently owned by institutional investors and hedge funds.

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.