Jefferies raised its price target on Ferrari (NYSE:RACE) to €400 from a previous level, maintaining a 'Buy' rating, after the luxury automaker's second quarter results highlighted stronger-than-expected pricing power and demand for personalization options. Ferrari (NYSE:RACE) shares were trading at around €340 following the update.
Ferrari N.V. (RACE) Q2 2026 Earnings Call Transcript
Ferrari is pleased with the launch of the Luce all-electric vehicle despite significant criticism upon the car's spring debut, according to CEO Benedetto Vigna. Vigna said Ferrari "would not change anything" about the car's launch, which caused a notable decline in shares and criticism.
Ferrari (RACE) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $2.83 per share. This compares to earnings of $2.7 per share a year ago.
Ferrari is raising its 2026 guidance after beating Wall Street's second-quarter expectations. Ferrari CEO Benedetto Vigna attributed the company's results to a "sustained trend in personalizations" as well as resilient demand for its vehicles, with an order book full through 2027.
The luxury sports-car maker lifted full-year guidance slightly and reported a ramped up deliveries of new models in the second quarter.
Sometimes the crowd isn't so wise.
Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (OPLN) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
After Ferrari's Luce unveiling, the stock promptly sold off 6%. Unbeknownst to many, Ferrari derives roughly half of its annual sales from hybrids.
Ordinary people are trying to make the rent, and fraudsters are ripping off Medicare, Medicaid and private insurance.
Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of AB Volvo (VLVLY) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
In this episode of Motley Fool Hidden Gems Investing, Motley Fool contributors Travis Hoium, Matt Frankel, and Lou Whiteman discuss: