Ferrari N.V. (RACE) stock falls on Q1 2026 Earnings

Ferrari N.V. (RACE) reported first-quarter 2026 results with year-over-year growth across revenue, profitability and cash flow.

Total revenue: $2.14 billion (up 10.4% year-over-year).

Gross profit: $1.11 billion (up 9.8% year-over-year).

Operating profit: $634.4 million (up 8.7% year-over-year).

Net income attributable to common shareholders: $478.5 million (up 7.4% year-over-year).

Diluted earnings per share: $2.70 (up 8.4% year-over-year).

Cost of sales increased as well, reflecting higher volumes and input costs: $1.03 billion (up 11.1% year-over-year).

Cash from operating activities: $999.4 million (up 9.1% year-over-year).

Purchases of property, plant and equipment: $155.7 million (up 31.9% year-over-year).

Cash and cash equivalents: $2.15 billion (up 3.8% year-over-year).

Total liabilities: $7.16 billion (up 4.4% year-over-year).

Shares of RACE were down 1.05% since market open this morning.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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Ferrari N.V. Hedge Fund Activity

We have seen 330 institutional investors add shares of Ferrari N.V. stock to their portfolio, and 438 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ removed 1,512,504 shares (-71.3%) from their portfolio in Q4 2025, for an estimated $558,960,978
FMR LLC removed 1,456,275 shares (-85.7%) from their portfolio in Q4 2025, for an estimated $538,180,989
CAPITAL WORLD INVESTORS removed 1,175,679 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $434,483,931
BLACKROCK, INC. removed 1,058,984 shares (-82.5%) from their portfolio in Q4 2025, for an estimated $391,358,127
CAPITAL INTERNATIONAL INVESTORS removed 901,705 shares (-60.1%) from their portfolio in Q4 2025, for an estimated $333,234,099
MORGAN STANLEY added 771,039 shares (+43.4%) to their portfolio in Q4 2025, for an estimated $284,945,172
MITSUBISHI UFJ ASSET MANAGEMENT CO., LTD. added 546,390 shares (+inf%) to their portfolio in Q4 2025, for an estimated $201,923,888

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.

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:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 11/19 and 1 sale worth up to $15,000 on 12/18.

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.

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:

Goldman Sachs issued a "Buy" rating on 11/24/2025

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 4 analysts offer price targets for $RACE in the last 6 months, with a median target of $455.5.

Here are some recent targets:

Zuzanna Pusz from UBS set a target price of $483.0 on 04/01/2026
Jose Asumendi from JP Morgan set a target price of $447.0 on 03/03/2026
Christian Frenes from Goldman Sachs set a target price of $454.0 on 11/24/2025