Ferrari (NYSE:RACE) Issues FY 2026 Earnings Guidance

Ferrari (NYSE:RACE) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 11.001- for the period, compared to the consensus EPS estimate of 11.350. The company issued revenue guidance of $8.7B-, compared to the consensus revenue estimate of $8.9 billion.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on RACE. HSBC reiterated a “hold” rating on shares of Ferrari in a research note on Tuesday, January 13th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $410.00 target price on shares of Ferrari in a report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ferrari in a report on Friday, April 10th. Citigroup upgraded shares of Ferrari from a “sell” rating to a “neutral” rating in a report on Thursday, February 12th. Finally, Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $469.06.

Ferrari Stock Performance

Ferrari stock traded up $1.06 during mid-day trading on Thursday, reaching $337.31. The company had a trading volume of 696,677 shares, compared to its average volume of 722,813. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74. Ferrari has a 52 week low of $312.51 and a 52 week high of $519.10. The company has a 50 day moving average of $346.05 and a 200-day moving average of $365.35. The firm has a market cap of $78.91 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 3.17 and a beta of 0.95.

Ferrari Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 5th. Investors of record on Tuesday, April 21st were paid a dividend of $3.615 per share. This is a positive change from Ferrari’s previous annual dividend of $3.13. This represents a yield of 119.0%. The ex-dividend date was Tuesday, April 21st.

Key Stories Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari reaffirmed full-year guidance and reported an order book extending toward the end of 2027, which supports revenue visibility ahead of the May 25 Ferrari Luce premiere — a fundamental positive for near- to mid-term sales expectations. Article Title
• Positive Sentiment: Analyst commentary highlights a strong start to 2026 that reinforces Ferrari’s investment case despite broader market weakness — bolstering investor confidence in margins and luxury demand resilience. Article Title
• Positive Sentiment: Ferrari topped opening Spa WEC practice (Fuoco), suggesting competitive performance in endurance racing that supports brand halo and motorsport credibility. Article Title
• Neutral Sentiment: Ferrari published its Q1 2026 earnings materials and call transcript — investors should review the presentation for margin, shipment and order-book detail that underpin guidance. Article Title Presentation
• Neutral Sentiment: Ferrari driver Charles Leclerc marked a personal milestone and noted it felt “strange” amid team performance scrutiny — a reminder that driver and brand narratives matter for long-term prestige but don’t directly alter near-term financials. Article Title
• Neutral Sentiment: A WEC Imola defeat to Toyota and commentary about seeking “revenge” at Spa are racing items that affect sporting perception more than immediate financials. Article Title
• Neutral Sentiment: Unrelated item: a news story about a crypto criminal nicknamed “GothFerrari” is not connected to Ferrari N.V. but may cause momentary headlines confusion. Article Title
• Negative Sentiment: Multiple outlets report operational and technical issues in F1: a wave of upgrades (11 items), a reported “deployment bug,” and underperformance in recent races — developments that increase near-term sporting risk and could weigh on short-term investor sentiment tied to the brand’s competitive image. Article Title
• Negative Sentiment: High-profile coverage (New York Times) and driver-driven calls for further investigation into team decisions heighten governance and execution scrutiny — potential catalysts for volatility if on-track results and accountability answers don’t arrive quickly. Article Title Article Title
• Negative Sentiment: Reports that drivers (and rivals) are making setup/strategy changes to chase Ferrari weaknesses underscore short-term competitive gaps; continued F1 underperformance could pressure brand perception and cyclical demand if sustained. Article Title

Hedge Funds Weigh In On Ferrari

A number of hedge funds and other institutional investors have recently made changes to their positions in RACE. Bamco Inc. NY increased its position in shares of Ferrari by 790.9% during the 4th quarter. Bamco Inc. NY now owns 98 shares of the company’s stock worth $36,000 after purchasing an additional 87 shares in the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Ferrari during the 4th quarter worth about $50,000. GW&K Investment Management LLC increased its position in shares of Ferrari by 58.1% during the 4th quarter. GW&K Investment Management LLC now owns 136 shares of the company’s stock worth $50,000 after purchasing an additional 50 shares in the last quarter. Horizon Investments LLC increased its position in shares of Ferrari by 33.3% during the 3rd quarter. Horizon Investments LLC now owns 104 shares of the company’s stock worth $50,000 after purchasing an additional 26 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Ferrari by 208.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 108 shares of the company’s stock worth $52,000 after purchasing an additional 73 shares in the last quarter.

About Ferrari

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.