Ferrari (RACE) to Post Quarterly Earnings on Thursday

Ferrari (NYSE:RACE) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Ferrari to announce earnings of $2.83 per share and revenue of $2.1395 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:30 AM ET.

Ferrari Trading Up 2.7%

NYSE RACE opened at $390.30 on Wednesday. The company has a market capitalization of $91.31 billion, a PE ratio of 37.45, a price-to-earnings-growth ratio of 3.26 and a beta of 0.92. Ferrari has a 1-year low of $312.51 and a 1-year high of $509.82. The firm’s fifty day simple moving average is $362.32 and its 200-day simple moving average is $352.47. The company has a current ratio of 5.20, a quick ratio of 4.08 and a debt-to-equity ratio of 0.72.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Pre-earnings optimism: Analysts remain constructive on Ferrari’s premium product mix and resilient demand. The company has maintained its 2026 guidance and reported an order book extending toward the end of 2027, supporting confidence in upcoming results. The median recent analyst price target of $447 is above the stock’s reported trading level. Ferrari Shares Rise Ahead of Earnings on Analyst Optimism
• Positive Sentiment: Share buyback continues: Ferrari is executing the second €250 million tranche of its broader approximately €3.5 billion multi-year repurchase program, expected to run through 2030. Continued buybacks can support earnings per share and signal management’s confidence in the company’s valuation and cash generation. Ferrari N.V. Periodic Report on the Buyback Program
• Positive Sentiment: Brand engagement remains high: Ferrari’s Corse Clienti track event at Road Atlanta highlights continued customer and enthusiast engagement, supporting the brand’s luxury positioning, though the direct financial impact is likely limited. Ferrari Corse Clienti Ignites Road Atlanta with Exclusive Track Spectacle
• Neutral Sentiment: Reports that an influencer sold two Ferraris to purchase Bitcoin are anecdotal and unlikely to materially affect Ferrari N.V.’s revenue or investment outlook. Influencer sells 2 Ferraris to buy Bitcoin dip
• Negative Sentiment: Ferrari’s Formula 1 team reportedly missed a podium opportunity in Hungary. The result may weigh modestly on racing-related sentiment, but it is unlikely to change the company’s near-term financial outlook. Ferrari meltdown in Hungary

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. UBS Group increased their price target on shares of Ferrari from $483.00 to $497.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Jefferies Financial Group upgraded Ferrari from a “hold” rating to a “buy” rating in a research note on Tuesday, March 31st. Wolfe Research initiated coverage on Ferrari in a report on Tuesday, July 7th. They issued an “outperform” rating for the company. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ferrari in a report on Tuesday, June 2nd. Finally, Morgan Stanley raised shares of Ferrari from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $388.00 to $438.00 in a research note on Monday, June 15th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Ferrari presently has a consensus rating of “Moderate Buy” and a consensus price target of $471.97.

Institutional Investors Weigh In On Ferrari

Several hedge funds have recently bought and sold shares of the stock. Morgan Stanley boosted its stake in Ferrari by 43.4% during the fourth quarter. Morgan Stanley now owns 2,546,564 shares of the company’s stock valued at $941,109,000 after buying an additional 771,039 shares in the last quarter. Viking Global Investors LP raised its position in Ferrari by 432.7% during the second 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 bought a new position in Ferrari during the third quarter valued at about $279,003,000. Wellington Management Group LLP grew its stake in Ferrari by 707.2% in the 3rd quarter. Wellington Management Group LLP now owns 536,486 shares of the company’s stock valued at $259,564,000 after buying an additional 470,026 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Ferrari by 103.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 790,374 shares of the company’s stock worth $292,429,000 after acquiring an additional 401,534 shares during the period.

Ferrari Company Profile

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.