Ferrari (NYSE:RACE) Updates FY 2026 Earnings Guidance

Ferrari (NYSE:RACE) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 11.001- for the period, compared to the consensus earnings per share estimate of 10.920. The company issued revenue guidance of $8.7 billion-, compared to the consensus revenue estimate of $8.6 billion.

Ferrari Stock Up 4.2%

Shares of RACE traded up $15.29 during mid-day trading on Wednesday, reaching $378.51. The company’s stock had a trading volume of 428,508 shares, compared to its average volume of 772,981. Ferrari has a 12-month low of $328.00 and a 12-month high of $519.10. The stock has a market cap of $91.74 billion, a PE ratio of 38.32, a price-to-earnings-growth ratio of 3.66 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.90 and a quick ratio of 3.78. The company’s 50 day moving average is $360.90 and its 200 day moving average is $413.24.

Analyst Ratings Changes

A number of research analysts recently commented on RACE shares. Evercore dropped their target price on shares of Ferrari from $580.00 to $475.00 and set an “outperform” rating on the stock in a research report on Friday, October 31st. UBS Group dropped their price objective on Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a report on Friday, January 9th. JPMorgan Chase & Co. cut their target price on Ferrari from $460.00 to $457.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 12th. The Goldman Sachs Group raised Ferrari to a “strong-buy” rating in a research report on Monday, November 24th. Finally, Zacks Research upgraded Ferrari from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $480.67.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Q4 results beat consensus (revenue ~€1.8B / $2.11B, EPS above estimates) and Ferrari issued FY‑2026 guidance calling for core profit growth, underpinning the rally. STRONG PERFORMANCE IN 2025 SETS THE FOUNDATION FOR CONTINUED GROWTH IN 2026
• Positive Sentiment: Company issued upbeat guidance and commentary that demand is “solid,” helping trigger a double‑digit intraday jump as analysts and traders re-rated the stock. Ferrari Stock (RACE) Jumps 10% after Issuing Upbeat Guidance
• Positive Sentiment: Management says order book visibility runs into end‑2027 and expects higher‑margin new models to drive revenue and EBITDA expansion in 2026 — a structural positive for margins and free cash flow. Ferrari Says Demand Is ‘Solid’, Order Book Runs To End-2027
• Positive Sentiment: Analysts and commentary highlight Ferrari’s pricing power — the firm is absorbing tariff headwinds without margin erosion, which supports stable pricing and peak margins. Ferrari’s pricing power absorbs tariff turbulance
• Positive Sentiment: Progress on the multi‑year €3.5B share buyback (first €250M tranche executed) increases shareholder returns and reduces float — a near‑term support for EPS and valuation. Ferrari Details Progress on €3.5 Billion Multi-Year Share Buyback as Treasury Stake Nears 9%
• Neutral Sentiment: Management hosted the Q4 earnings call and slide deck; details matter for 2026 model cadence, margin assumptions and capex — read the transcript/slides if you need modeling inputs. Ferrari N.V. (RACE) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Ferrari teased the new fully electric “Luce” sports car — positive for long‑term product pipeline and EV transition, but commercialization/timing remain future catalysts rather than immediate earnings drivers. Ferrari releases teaser images of new Luce electric sports car

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Viking Global Investors LP raised its holdings in Ferrari by 432.7% during the second quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock worth $353,526,000 after purchasing an additional 585,872 shares in the last quarter. Credit Agricole S A acquired a new position in Ferrari during the 3rd quarter worth approximately $279,003,000. Wellington Management Group LLP raised its stake in shares of Ferrari by 707.2% during the 3rd quarter. Wellington Management Group LLP now owns 536,486 shares of the company’s stock worth $259,564,000 after buying an additional 470,026 shares in the last quarter. Amundi raised its stake in shares of Ferrari by 8.0% during the 3rd quarter. Amundi now owns 2,972,368 shares of the company’s stock worth $1,461,008,000 after buying an additional 219,909 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI lifted its holdings in shares of Ferrari by 122.4% in the 3rd quarter. Zurich Insurance Group Ltd FI now owns 106,441 shares of the company’s stock valued at $51,379,000 after buying an additional 58,573 shares during the period.

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.