Ferrari (NYSE:RACE) Releases Earnings Results, Beats Estimates By $0.10 EPS

Ferrari (NYSE:RACE) posted its quarterly earnings results on Tuesday. The company reported $2.76 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.10, FiscalAI reports. Ferrari had a return on equity of 43.79% and a net margin of 22.55%. The business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter in the previous year, the firm earned $2.14 earnings per share. Ferrari’s revenue for the quarter was up 7.4% compared to the same quarter last year.

Here are the key takeaways from Ferrari’s conference call:

• Ferrari raised its full-year guidance after a strong Q3, with revenue of approximately €1.9 billion, EBIT above €560 million, and industrial free cash flow exceeding €565 million.
• Strong product mix and personalization drove results, with personalization exceeding 21% of car and spare-parts revenue; demand remains healthy across geographies and the order book extends into 2028.
• Shipments were deliberately moderated during the model changeover, while the 849 Testarossa, 296 Speciale, Amalfi, and Purosangue ramped up. Management expects Q4 deliveries to improve year over year as more models reach global distribution.
• The new Luce model is generating significant demand, with all planned 2027 deliveries allocated and first customer deliveries expected in Q4 2026; its debut auction also achieved a record $40 million.
• Foreign exchange remained a material headwind, with full-year impact expected at roughly €150 million–€200 million, while higher depreciation, marketing, events, and Formula 1-related costs are expected to weigh on Q4.

Ferrari Price Performance

NYSE:RACE traded down $8.27 during trading hours on Thursday, hitting $424.18. The company’s stock had a trading volume of 495,192 shares, compared to its average volume of 593,106. Ferrari has a twelve month low of $312.51 and a twelve month high of $437.15. The company has a debt-to-equity ratio of 0.86, a current ratio of 4.85 and a quick ratio of 3.70. The stock has a fifty day simple moving average of $402.74 and a 200-day simple moving average of $370.30. The company has a market capitalization of $99.23 billion, a P/E ratio of 38.25, a PEG ratio of 3.72 and a beta of 0.89.

Trending Headlines about Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari’s Q3 adjusted earnings per share beat analyst expectations, while revenue was roughly in line and rose year over year. Personalizations exceeded 21% of car and spare-parts revenue, and the order book extends into 2028, supporting visibility into demand and higher-value sales. Ferrari: 3 Key Takeaways for Long-Term Investors Ferrari Earnings Call Signals Strong Growth Ahead
• Neutral Sentiment: Ferrari’s all-electric Luce is expected to begin deliveries in the fourth quarter. The launch could broaden its product offering, but the supplied coverage does not establish likely demand or how the model will affect financial results. Ferrari vs. Tesla: Can the Luce Outsell the Roadster?
• Negative Sentiment: Several reports focus on tension between Lewis Hamilton and Charles Leclerc. Ferrari reportedly had the pace to contend for a win in Mexico before the drivers’ clash, raising concerns that internal disagreements could cost the team results and add to criticism of its F1 performance. Ferrari had the pace to win in Mexico Ferrari’s Intra-Team Issues

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RACE. Sanford C. Bernstein reiterated a “buy” rating on shares of Ferrari in a research note on Tuesday, September 29th. Weiss Ratings upgraded shares of Ferrari from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a report on Friday, July 31st. Royal Bank Of Canada reiterated a “buy” rating on shares of Ferrari in a research report on Monday, September 21st. Finally, UBS Group decreased their price objective on shares of Ferrari from $490.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $456.71.

Ferrari Company Profile

Ferrari N.V. is an Italian luxury automotive company that designs, develops, manufactures and sells high-performance sports cars. Its vehicle portfolio includes grand touring models, mid- and rear-engine sports cars, limited-edition special series and high-performance supercars. Ferrari also offers extensive personalization options, allowing customers to tailor vehicle specifications, materials and finishes.

The company traces its origins to 1939, when Enzo Ferrari established Auto Avio Costruzioni, and it produced its first Ferrari-badged car in 1947.