Ferrari (RACE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $2.62
- Estimate
- $2.51
- Surprise
- +4.4%
- Revenue (period 2026-06-30)
- $1.94B
- Score at report (before → after)
- 5.6 → 5.6/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Ferrari (RACE) beat the $2.51 estimate with adjusted EPS of $2.62 — a clear 4.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Hold at 5.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RACE Sell at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's +4.4% surprise compares with a +1.2% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.2 in RISK_OFF)
- High-quality business
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Consumer Cyclical): -1.5
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $386.50
- Price target
- $397.18
- Stop
- $370.22
- Upside to target
- +2.8%
- Reward-to-risk
- 0.6:1
At 35.9× trailing and 31.1× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 30 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.
RACE at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Auto Manufacturers
- Market cap
- $67.79B
- P/E (fwd)
- 31.1
- P/E (ttm)
- 35.9
- 52-week range
- $312.51–$495.00
- Off 52-week high
- 21.9%
- RSI (14)
- 30
- Volume vs avg
- 0.77×
- Score today
- 5.5/10