Ferrari N.V. $RACE reported solid second-quarter 2026 results, with revenue rising to $2.2 billion, up 5% year over year. Gross profit increased to $1.2 billion, while operating profit climbed 7% to $690.5 million, reflecting continued strength in the business.
Net income attributable to common shareholders came in at $528.4 million, up nearly 6% from a year earlier. Diluted earnings per share advanced to $2.99, a 6% increase, underscoring steady profitability growth in the period.
Cash generation was a highlight of the quarter. Cash from operating activities surged to $999.4 million, up 83% year over year, while cash and cash equivalents increased to $2.1 billion. Purchases of property, plant and equipment totaled $155.7 million, as Ferrari continued investing in its operations.
On the balance sheet, total liabilities were $7.2 billion, slightly lower than a year ago. Shares of Ferrari were up 2.51% in morning trading following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Ferrari N.V. Hedge Fund Activity
We have seen 300 institutional investors add shares of Ferrari N.V. stock to their portfolio, and 359 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ removed 2,474,138 shares (-73.8%) from their portfolio in Q1 2026, for an estimated $837,372,006
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 623,086 shares (+157.2%) to their portfolio in Q1 2026, for an estimated $210,883,456
- ALLIANCEBERNSTEIN L.P. removed 572,546 shares (-24.5%) from their portfolio in Q1 2026, for an estimated $193,778,193
- CAPITAL RESEARCH GLOBAL INVESTORS removed 538,707 shares (-60.0%) from their portfolio in Q1 2026, for an estimated $182,325,384
- GOLDMAN SACHS GROUP INC added 482,073 shares (+44.8%) to their portfolio in Q1 2026, for an estimated $163,157,606
- WCM INVESTMENT MANAGEMENT, LLC removed 424,528 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $143,681,501
- ILEX CAPITAL PARTNERS (UK) LLP added 405,842 shares (+inf%) to their portfolio in Q1 2026, for an estimated $137,357,224
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Ferrari N.V. Congressional Stock Trading
Members of Congress have traded $RACE stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RACE stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/30 and 1 sale worth up to $100,000 on 03/24.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Ferrari N.V. Analyst Ratings
Wall Street analysts have issued reports on $RACE in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wolfe Research issued a "Outperform" rating on 07/07/2026
To track analyst ratings and price targets for Ferrari N.V., check out Quiver Quantitative's $RACE forecast page.
Ferrari N.V. Price Targets
Multiple analysts have issued price targets for $RACE recently. We have seen 3 analysts offer price targets for $RACE in the last 6 months, with a median target of $447.0.
Here are some recent targets:
- Zuzanna Pusz from UBS set a target price of $497.0 on 07/02/2026
- Adam Jonas from Morgan Stanley set a target price of $438.0 on 06/15/2026
- Jose Asumendi from JP Morgan set a target price of $447.0 on 03/03/2026
