Ferrari (NYSE:RACE) Updates FY 2026 Earnings Guidance

Ferrari (NYSE:RACE) issued an update on its FY 2026 earnings guidance on Tuesday morning. 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 Price Performance

RACE stock opened at $382.43 on Thursday. The firm has a market cap of $92.69 billion, a P/E ratio of 37.83, a P/E/G ratio of 3.92 and a beta of 0.99. The firm’s fifty day moving average is $360.67 and its 200 day moving average is $413.02. Ferrari has a 52 week low of $328.00 and a 52 week high of $519.10. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.78 and a current ratio of 4.90.

Wall Street Analyst Weigh In

Several research firms have recently commented on RACE. JPMorgan Chase & Co. decreased their price objective on Ferrari from $460.00 to $457.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrari in a research note on Monday, December 29th. Oddo Bhf lowered Ferrari to a “neutral” rating in a research note on Wednesday, December 10th. The Goldman Sachs Group upgraded shares of Ferrari to a “strong-buy” rating in a report on Monday, November 24th. Finally, BNP Paribas Exane raised shares of Ferrari to a “strong-buy” rating in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ferrari has an average rating of “Moderate Buy” and an average price target of $482.17.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Q4 earnings beat and strong financials — Ferrari beat revenue and EPS estimates, reported healthy margins and cash flow, and management reiterated growth and margin expansion for 2026, a catalyst driving the stock higher. Ferrari drives higher on better-than-expected earnings
• Positive Sentiment: Upbeat guidance & orderbook visibility — Management said demand is “solid,” the order book extends to end-2027 and core profit is expected to grow at least ~6% in 2026, supporting revenue visibility and investor confidence. Ferrari Says Demand Is ‘Solid’, Order Book Runs To End-2027
• Positive Sentiment: Pricing power and capital allocation — Analysts and commentaries highlight Ferrari’s ability to sustain pricing despite tariffs and macro noise; combined with a material buyback program, this supports returns and valuation upside. Ferrari’s pricing power absorbs tariff turbulance
• Neutral Sentiment: F1 testing: Ferrari pace positive for brand — Ferrari topped times in Bahrain testing day two, which helps brand halo and marketing ahead of the season but has limited direct near-term financial impact. Ferrari fastest; Red Bull, Mercedes in trouble as Bahrain F1 test day two begins
• Neutral Sentiment: Competitor issues at testing — Reports of Mercedes engine trouble during the same sessions are market color for motorsport watchers but don’t materially change Ferrari’s corporate fundamentals. F1 testing live: Mercedes encounter engine issue with Ferrari quickest
• Negative Sentiment: Team management controversy / driver criticism — Media coverage on an in-season race-engineer change and public criticism (notably from Lewis Hamilton and reporting on Ferrari’s engineer decisions) raises short-term questions about team stability and execution on the track, which could weigh on sentiment if it persists. Lewis Hamilton’s new Ferrari race engineer yet to be finalized

Hedge Funds Weigh In On Ferrari

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