Ferrari's gross margin has stayed in a 50% to 53% band and operating margin reached 29.7% in 2026Q3, suggesting pricing discipline remains intact even as revenue growth moderated from 16.2% in 2024Q2 to 7.4% in 2026Q3.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth slowed from 16.2% in 2024Q2 to 7.4% in 2026Q3 while operating margin held near 30%, though it eased from 31.7% to 29.7% in the latest quarter, suggesting early cost pressure.
Ferrari's long-standing history and iconic brand since 1939 contribute to its premium positioning and customer loyalty.
Near-term stock volatility allows investors to acquire a high-margin franchise at a more attractive valuation while the long-term growth thesis remains intact.
Ferrari operates a rare, high-margin franchise with strong pricing power and superior vehicle craftsmanship.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | $2.76+3.8% vs $2.66 | $2.1B-0.1% vs $2.1B |
Q3 2026 Jul 30, 2026 | $2.99+5.7% vs $2.83 | $2.2B+3.5% vs $2.1B |
Q2 2026 May 5, 2026 | $2.73+1.1% vs $2.70 | $2.1B+0.9% vs $2.1B |
Q1 2026 Feb 10, 2026 | $2.49+2.0% vs $2.44 | $2.1B+1.6% vs $2.1B |
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either OPENLANE (OPLN) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
Ferrari has outperformed after the unveiling of its first all-electric model, the Ferrari Luce, initially sending shares down 7%. I observed that RACE is deliberately reducing volumes while still growing earnings, revenue, and profits, leveraging strong pricing power. Personalization remains Ferrari's golden goose, driving higher margins and supporting resilient profitability.
The Consumer Price Index continues to run well ahead of the Federal Reserve's long-run 2% target. If companies are able to occasionally ask customers to pay more, they are in an elite category.
Ferrari's all-electric Luce is set to be delivered in the fourth quarter.
Benchmark RACE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ferrari N.V. (RACE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $416.13 | $73.2B | 38.99 | 7.03% | 22.51% | 43.29% | 1.59% | |
| $216.19 | $256.01B | 9.60 | 5.51% | 8.14% | 11.09% | 2.78% | |
| $35.78 | $46.43B | -46.79 | 0.5% | -0.75% | -1.38% | 3.77% | |
| $358.22 | $1.41T | 394.17 | -2.93% | 3.11% | 3.73% | — | |
| $86.16 | $77.93B | 19.47 | -1.29% | 2.1% | 6.13% | 0.78% | |
| $12.44 | $49.61B | -6.51 | 1.23% | -4.17% | -21.33% | 6.04% |
Ferrari N.V. (RACE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Ferrari N.V. (RACE) stock FAQ — growth, dividends, profitability & financials explained
Ferrari N.V. (RACE) reported $7.48B in revenue over the trailing twelve months. Revenue was $7.15B in fiscal year 2025. That is 206% more than the $2.34B of fiscal year 2013.
Ferrari N.V. (RACE) grew revenue by 5.7% over the trailing twelve months, compared with the twelve months before.
Yes. Ferrari N.V. (RACE) earned $1.68B in net income over the trailing twelve months (a 22.5% net margin).
Yes. Ferrari N.V. (RACE) pays a dividend that yields 1.59% at the current price, a moderate yield.
Ferrari N.V. (RACE) had a return on equity (ROE) of 43.3% over the trailing twelve months. That is well above the market's typical 10-15%.
Ferrari N.V. (RACE) generated $2.98B in free cash flow over the trailing twelve months.
