Ferrari N.V. (RACE) is up 5.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a mix of bullish analyst sentiment and growing optimism ahead of Ferrari’s second-quarter 2026 results, which are scheduled for July 30. Ferrari has also kept its 2026 guidance intact and previously said its order book extends through the end of 2027, giving investors a supportive fundamental backdrop.

Details:

Sources:

SEC, Ferrari, Yahoo Finance, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$RACE Hedge Fund Activity

We have seen 303 institutional investors add shares of $RACE stock to their portfolio, and 349 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BANK OF AMERICA CORP /DE/ removed 2,474,138 shares (-73.8%) from their portfolio in Q1 2026, for an estimated $837,372,006
• BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 623,086 shares (+157.2%) to their portfolio in Q1 2026, for an estimated $210,883,456
• ALLIANCEBERNSTEIN L.P. removed 572,546 shares (-24.5%) from their portfolio in Q1 2026, for an estimated $193,778,193
• CAPITAL RESEARCH GLOBAL INVESTORS removed 538,707 shares (-60.0%) from their portfolio in Q1 2026, for an estimated $182,325,384
• GOLDMAN SACHS GROUP INC added 482,073 shares (+44.8%) to their portfolio in Q1 2026, for an estimated $163,157,606
• WCM INVESTMENT MANAGEMENT, LLC removed 424,528 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $143,681,501
• ILEX CAPITAL PARTNERS (UK) LLP added 405,842 shares (+inf%) to their portfolio in Q1 2026, for an estimated $137,357,224

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$RACE Congressional Stock Trading

Members of Congress have traded $RACE stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RACE stock by members of Congress over the last 6 months:

• SENATOR ALAN ARMSTRONG has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/30 and 1 sale worth up to $100,000 on 03/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$RACE Analyst Ratings

Wall Street analysts have issued reports on $RACE in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Wolfe Research issued a "Outperform" rating on 07/07/2026

To track analyst ratings and price targets for $RACE, check out Quiver Quantitative's $RACE forecast page.

$RACE Price Targets

Multiple analysts have issued price targets for $RACE recently. We have seen 3 analysts offer price targets for $RACE in the last 6 months, with a median target of $447.0.

Here are some recent targets:

• Zuzanna Pusz from UBS set a target price of $497.0 on 07/02/2026
• Adam Jonas from Morgan Stanley set a target price of $438.0 on 06/15/2026
• Jose Asumendi from JP Morgan set a target price of $447.0 on 03/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

Read full article here »