Seaport Res Ptn Issues Positive Forecast for FWONA Earnings

Formula One Group (NASDAQ:FWONA) – Stock analysts at Seaport Res Ptn raised their Q3 2025 earnings per share (EPS) estimates for Formula One Group in a research note issued on Thursday, February 27th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.30 per share for the quarter, up from their previous forecast of $0.23. Seaport Res Ptn has a “Hold” 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 FY2029 earnings at $1.25 EPS.

Formula One Group (NASDAQ:FWONA) last announced its quarterly earnings data 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 company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.37 billion.

FWONA has been the topic of several other research reports. Benchmark reaffirmed a “buy” rating and set a $81.00 target price on shares of Formula One Group in a research report on Thursday, November 14th. Wells Fargo & Company assumed coverage on Formula One Group in a research report on Monday, February 24th. They set an “underweight” rating and a $83.00 target price on the stock.

Formula One Group Trading Down 2.9 %

Shares of NASDAQ FWONA opened at $86.50 on Monday. The stock has a market capitalization of $21.51 billion, a PE ratio of 75.22 and a beta of 0.14. The stock’s fifty day simple moving average is $87.05 and its two-hundred day simple moving average is $79.21. Formula One Group has a 12-month low of $57.43 and a 12-month high of $95.33.

Insider Activity

In other news, CEO Gregory B. Maffei sold 35,463 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the sale, the chief executive officer now owns 1,240,785 shares in the company, valued at approximately $88,753,351.05. This represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.83% of the company’s stock.

Institutional Trading of Formula One Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC raised its stake in Formula One Group by 25.6% in the 4th quarter. FNY Investment Advisers LLC now owns 779 shares of the company’s stock worth $65,000 after acquiring an additional 159 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in Formula One Group by 4.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,462 shares of the company’s stock worth $534,000 after acquiring an additional 300 shares during the last quarter. Lountzis Asset Management LLC purchased a new position in Formula One Group in the 3rd quarter worth $220,000. Finally, Russell Investments Group Ltd. raised its stake in Formula One Group by 67.2% in the 4th quarter. Russell Investments Group Ltd. now owns 662 shares of the company’s stock worth $56,000 after acquiring an additional 266 shares during the last quarter. Hedge funds and other institutional investors 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.