Ferrari (RACE) Projected to Post Earnings on Thursday

Ferrari (NYSE:RACE) is anticipated to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Ferrari to post earnings of $2.83 per share and revenue of $2.1395 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:30 AM ET.

Ferrari Stock Up 0.5%

Shares of RACE opened at $371.78 on Thursday. Ferrari has a fifty-two week low of $312.51 and a fifty-two week high of $519.10. The company’s fifty day moving average is $358.67 and its two-hundred day moving average is $352.48. The firm has a market cap of $86.98 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The company has a quick ratio of 4.08, a current ratio of 5.20 and a debt-to-equity ratio of 0.72.

Hedge Funds Weigh In On Ferrari

Hedge funds have recently made changes to their positions in the business. Benjamin Edwards Inc. grew its stake in shares of Ferrari by 3.7% in the second quarter. Benjamin Edwards Inc. now owns 613 shares of the company’s stock valued at $299,000 after buying an additional 22 shares in the last quarter. Pacific Sun Financial Corp lifted its position in Ferrari by 2.5% during the 3rd quarter. Pacific Sun Financial Corp now owns 1,008 shares of the company’s stock worth $489,000 after acquiring an additional 25 shares in the last quarter. Evergreen Capital Management LLC lifted its position in Ferrari by 1.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 1,928 shares of the company’s stock worth $946,000 after acquiring an additional 26 shares in the last quarter. Horizon Investments LLC boosted its holdings in Ferrari by 33.3% in the 3rd quarter. Horizon Investments LLC now owns 104 shares of the company’s stock worth $50,000 after acquiring an additional 26 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ferrari by 14.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 222 shares of the company’s stock worth $108,000 after acquiring an additional 28 shares during the period.

Analysts Set New Price Targets

RACE has been the topic of several research reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ferrari in a research report on Tuesday, June 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Ferrari in a research report on Wednesday, July 8th. Jefferies Financial Group upgraded Ferrari from a “hold” rating to a “buy” rating in a research note on Tuesday, March 31st. Morgan Stanley upgraded Ferrari from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $388.00 to $438.00 in a report on Monday, June 15th. Finally, Wolfe Research started coverage on Ferrari in a report on Tuesday, July 7th. They issued an “outperform” rating on the stock. 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $471.97.

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.