Formula One Group (FWONK) Stock Rises on Q1 2026 Earnings

Formula One Group (FWONK) reported Q1 2026 results highlighting strong top-line growth.

Revenue: $711 million (up 59.1% year-over-year)

Gross profit: $298 million (up 144.3% year-over-year)

Cost of sales: $413 million (up 27.1% year-over-year)

Operating profit: $64 million (down 190.1% year-over-year)

Net income attributable to common shareholders: $57 million (up 1,040% year-over-year); diluted EPS: $0.03 (down 40% year-over-year)

Cash flow and balance sheet items show mixed trends.

Cash from operating activities: $357 million (down 6.3% year-over-year)

Capital expenditures: $20 million (down 39.4% year-over-year)

Cash and cash equivalents: $1.33 billion (down 57.7% year-over-year)

Total liabilities: $7.49 billion (up 20.3% year-over-year)

Market reaction: shares of Formula One Group (FWONK) were up 6.05% since market open on May 7, 2026.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Formula One Group Insider Trading Activity

Formula One Group insiders have traded $FWONK stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $FWONK stock by insiders over the last 6 months:

CHASE CAREY has made 0 purchases and 8 sales selling 357,163 shares for an estimated $35,620,486.
RENEE L WILM (Chief Legal/Admin Officer) has made 0 purchases and 2 sales selling 11,200 shares for an estimated $1,029,164.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

Formula One Group Hedge Fund Activity

We have seen 284 institutional investors add shares of Formula One Group stock to their portfolio, and 292 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 7,444,648 shares (-80.5%) from their portfolio in Q4 2025, for an estimated $733,372,274
SCHRODER INVESTMENT MANAGEMENT GROUP removed 3,932,099 shares (-44.5%) from their portfolio in Q4 2025, for an estimated $387,351,072
PRINCIPAL FINANCIAL GROUP INC removed 3,761,482 shares (-29.6%) from their portfolio in Q1 2026, for an estimated $319,801,199
BERKSHIRE HATHAWAY INC added 3,018,555 shares (+inf%) to their portfolio in Q4 2025, for an estimated $297,357,853
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 2,976,828 shares (-34.7%) from their portfolio in Q4 2025, for an estimated $293,247,326
NUVEEN, LLC removed 2,422,719 shares (-72.9%) from their portfolio in Q1 2026, for an estimated $205,979,569
BAIN CAPITAL PUBLIC EQUITY MANAGEMENT II, LLC removed 2,175,177 shares (-89.4%) from their portfolio in Q4 2025, for an estimated $214,276,686

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Formula One Group Congressional Stock Trading

Members of Congress have traded $FWONK stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $FWONK stock by members of Congress over the last 6 months:

SENATOR JOHN W. HICKENLOOPER has traded it 2 times. They made 0 purchases and 2 sales worth up to $150,000 on 12/10.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

Formula One Group Analyst Ratings

Wall Street analysts have issued reports on $FWONK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Bernstein issued a "Outperform" rating on 01/12/2026

To track analyst ratings and price targets for Formula One Group, check out Quiver Quantitative's $FWONK forecast page.

Formula One Group Price Targets

Multiple analysts have issued price targets for $FWONK recently. We have seen 4 analysts offer price targets for $FWONK in the last 6 months, with a median target of $107.5.

Here are some recent targets:

Ryan Gravett from UBS set a target price of $104.0 on 04/15/2026
Steven Cahill from Wells Fargo set a target price of $89.0 on 04/07/2026
David Karnovsky from JP Morgan set a target price of $115.0 on 03/19/2026
Ian Moore from Bernstein set a target price of $111.0 on 01/12/2026