RACE · NYSE · Auto - Manufacturers

Ferrari

Builds low-volume, allocation-driven sports cars and grand tourers, then races them in Formula 1.

$420.85
After-hours close+0.54 (+0.13%)
At close$420.31(+1.51%)
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Profile

Ferrari N.V.RACEConsumer Discretionary

Builds sports cars, grand tourers, and limited-edition hypercars around V6, V8, and V12 engines, deliberately capping output near 13,752 cars a year and allocating them by a buyer's history with the brand. Races every Formula 1 season since 1950 as Scuderia Ferrari, folding sponsorship and racing income into the same revenue as car sales.

Traces back to a 1939 Modena workshop and grew into a Maranello-based builder of sports cars, grand tourers, and limited-edition hypercars, running V6, V8, and V12 engines alongside a growing hybrid range, with a four-door model and a first fully electric model extending the lineup.

Output stays deliberately below demand — 13,752 cars in 2024 — allocated through a selection process weighing a buyer's history with the brand above simply placing an order.

Racing under the Scuderia Ferrari name in Formula 1 every season since 1950 keeps commercial and sponsorship income tied to the same business as car sales. Listed in 2015 after separating from Fiat Chrysler, the company remains controlled by the Agnelli family's holding company and the founder's son, and reports results in euros as a Dutch-domiciled filer.

Company facts

CEOBenedetto Vigna
ListedOct 21, 2015
ExchangeNYSE
HeadquartersMaranello, Italy
CountryItaly
Employees5,204
CIK0001648416
ISINNL0011585146

Key statistics

Market cap$73.98B
EPS (ttm)$10.69
P/E (ttm)39.32
ROE42.6%
P/B17.47
P/S8.67
Dividend yield1.01%
Beta0.93vs XLY 0.73

Year to date +13.0% · Average volume (30d) 470.3K

Analysts

Price target, next 12 months$472.50+12.4%Median of 19 analysts · vs the Aug 28 close
ConsensusBuy14 of 19 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jul 31, 2026UBSReiterateBuy$497$490
Jul 31, 2026BernsteinReiterateOutperform$410$460
Jul 31, 2026Morgan StanleyReiterateOverweight$438$442
Jul 31, 2026Evercore ISIReiterateOutperform$475$485
Jul 31, 2026NeedhamUpgradeNeutral

Earnings

EPS

Estimate$2.81
ReportedDue Nov 3, 2026

Revenue

Estimate$2.23B
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26$2.83$2.99+5.7%$2.14B$2.21B+3.5%+3.12%
May 5, 2026Q1 FY26$2.70$2.73+1.1%$2.12B$2.14B+0.9%+3.32%
Feb 10, 2026Q4 FY25$2.44$2.49+2.0%$2.08B$2.12B+1.6%+5.45%
Nov 4, 2025Q3 FY25$2.35$2.50+6.4%$2.08B$2.07B−0.7%+1.82%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.07B$2.07B$2.05B$2.09B$2.14B$2.24B
Gross profit$1.08B$1.09B$1.02B$1.08B$1.11B$1.18B
Operating income$638.9M$644.2M$581.0M$589.4M$639.8M$709.8M
Net income$477.0M$491.6M$441.8M$439.9M$478.4M$534.8M
Diluted EPS$2.66$2.76$2.48$2.48$2.71$3.02
Gross margin52.1%52.6%50.1%51.9%51.8%52.6%
Operating margin30.8%31.1%28.4%28.2%29.9%31.7%

Fiscal years (4-quarter sums)FY21 $4.95B · FY22 $5.90B · FY23 $6.92B · FY24 $7.74B · FY25 $8.28B

Revenue by product · FY25

Cars And Spare Parts$6.96B · 84%
Sponsorship, Commercial And Brand$949.6M · 11%
Other Revenues$371.9M · 4%

Revenue by geography · FY25

EMEA Excluding Italy$3.47B · 30%
Americas$2.61B · 22%
United States$2.30B · 20%
APAC Excluding China$1.02B · 9%
Germany$667.8M · 6%
Italy$611.5M · 5%
Mainland China, Hong Kong And Taiwan$569.2M · 5%
China$361.2M · 3%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.75B · Total debt $3.66B · Total assets $11.82B · Shareholders' equity $4.23B

Dividends

Next ex-date
Apr 21, 2027
estimated · in 235 days
Annual dividend
$4.25
per share
Dividend yield
1.01%
Schedule
Annual
one payment a year

Raised for 4 straight years — most recently to $4.2482 from $3.3888 in Apr 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Apr 21, 2026Apr 21May 5$4.2482raised from $3.3888
Apr 23, 2025Apr 23May 6$3.3888raised from $2.6011
Apr 22, 2024Apr 23May 3$2.6011raised from $1.9957
Apr 24, 2023Apr 25May 5$1.9957raised from $1.4694 split-adjusted
Apr 19, 2022Apr 20May 6$1.362
View details

Ownership

Institutions 34.77%Insiders

Shares outstanding 175.92M · Float 124.04M · 70.5% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Exor N.V.37.77M21.30%13DJan 6, 2026
Baillie Gifford & Co3.57M2.03%13FAug 6, 2026
Vanguard Capital Management LLC3.54M2.01%13FAug 13, 2026
Morgan Stanley3.20M1.82%13FAug 13, 2026
Amundi3.06M1.74%13FAug 11, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Stellantis

    Maserati is the most direct Italian luxury sibling rival

CompareAfter-hours close

CompanyPriceChange
Ferrari$420.85+0.13%$73.98B39.333.48.7+5.2%
Stellantis$5.41−0.09%$15.69B1.00.1
Median1.00.1