Formula One Group (NASDAQ:FWONA – Free Report) – Seaport Res Ptn issued their Q1 2026 earnings estimates for shares of Formula One Group in a report released on Saturday, March 15th. Seaport Res Ptn analyst D. Joyce expects 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 $1.46 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.
A number of other research firms also recently weighed in on FWONA. Wells Fargo & Company began coverage on shares of Formula One Group in a report on Monday, February 24th. They set an “underweight” rating and a $83.00 price target on the stock. Guggenheim restated a “buy” rating on shares of Formula One Group in a report on Monday, March 3rd. 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $82.33.
Formula One Group Trading Up 2.2 %
Formula One Group stock opened at $79.80 on Tuesday. The company has a market capitalization of $19.89 billion, a P/E ratio of 69.39 and a beta of 0.15. The firm’s fifty day simple moving average is $86.20 and its 200-day simple moving average is $79.90. Formula One Group has a 1-year low of $57.43 and a 1-year high of $95.33.
Formula One Group (NASDAQ:FWONA – Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($1.46). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.37 billion.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. increased its stake in 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 acquiring an additional 266 shares during the period. FNY Investment Advisers LLC increased its stake in 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 acquiring an additional 159 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake 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 valued at $534,000 after acquiring an additional 300 shares during the period. Institutional investors and hedge funds own 8.38% 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.
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