Ferrari (NYSE:RACE) Issues FY 2026 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Citigroup upgraded shares of Ferrari from a “sell” rating to a “neutral” rating in a research report on Thursday, February 12th. UBS Group lowered their price objective on shares of Ferrari from $555.00 to $483.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Zacks Research upgraded shares of Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Finally, HSBC restated a “hold” rating on shares of Ferrari in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Ferrari has a consensus rating of “Moderate Buy” and a consensus price target of $469.06.

Ferrari Stock Performance

Ferrari stock traded down $9.99 during trading hours on Tuesday, hitting $328.92. The company had a trading volume of 742,031 shares, compared to its average volume of 718,566. The firm has a market cap of $76.95 billion, a PE ratio of 32.53, a PEG ratio of 3.23 and a beta of 0.95. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38. Ferrari has a one year low of $312.51 and a one year high of $519.10. The firm has a 50-day moving average of $347.32 and a 200 day moving average of $366.19.

Ferrari Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Tuesday, April 21st will be issued a $3.615 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a yield of 119.0%. This is an increase from Ferrari’s previous annual dividend of $3.13. Ferrari’s payout ratio is currently 5.09%.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Q1 profitability and mix were strong — net revenue €1.848B, EBITDA €722M and EBITDA margin ~39.1%, with operating profit and cash flow growth that management cited as evidence of an enriched product mix and robust demand. Read More.
• Positive Sentiment: Share buyback activity continues — Ferrari reported purchases under the €250M second tranche of its multi-year buyback program, which supports capital return and can be EPS-accretive. Read More.
• Neutral Sentiment: Management reconfirmed full?year 2026 guidance despite Q1 disruptions — the affirmation signals confidence in the business plan but reduced the potential for upside surprises. Read More.
• Negative Sentiment: Guidance and consensus gap — Ferrari’s FY?2026 EPS guidance was cited below some analyst models (management gave ~€11.00 vs. a ~€11.35 consensus noted in coverage), which likely pressured sentiment. Read More.
• Negative Sentiment: Geopolitical and FX/tariff headwinds — management signaled Middle East shipping disruptions, negative foreign-exchange impacts (net of hedges) and U.S. tariff-related pressure on shipments and margins, creating uncertainty for near?term delivery patterns. Read More.
• Negative Sentiment: Lower deliveries and market reaction — Q1 deliveries were intentionally slightly lower to support a model changeover; combined with an unchanged outlook, that prompted a sell?the?news move and profit taking. Read More.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RACE. AQR Capital Management LLC raised its position in shares of Ferrari by 78.9% in the first quarter. AQR Capital Management LLC now owns 3,568 shares of the company’s stock valued at $1,527,000 after buying an additional 1,574 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ferrari by 31.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 194 shares of the company’s stock valued at $82,000 after buying an additional 46 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Ferrari in the first quarter valued at approximately $1,519,000. Sivia Capital Partners LLC raised its position in shares of Ferrari by 67.5% in the second quarter. Sivia Capital Partners LLC now owns 913 shares of the company’s stock valued at $448,000 after buying an additional 368 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of Ferrari by 7.5% in the second quarter. Rhumbline Advisers now owns 1,370 shares of the company’s stock valued at $672,000 after buying an additional 96 shares in the last quarter.

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.