RACE
Ferrari N.V.Evidence as of 2026-09-17The desk's Snapshot
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Overview · Ferrari N.V.
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Fe…
Management team
- Mr. Flavio Manzoni · Chief Design OfficerFind on LinkedIn
- Mr. Benedetto Vigna · CEO & Executive DirectorFind on LinkedIn
- Mr. John Jacob Philip Elkann · Executive ChairmanFind on LinkedIn
- Ms. Francesca Montini · Chief Communications OfficerFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
+0.6 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The surviving evidence supports a constructive view (+0.6 of a possible +2; was +0.6 before debate) with high confidence. Total equity rose each year from EUR 2,211,416,000 as of FY 2021 to EUR 3,914,742,000 as of FY 2025, and total assets increased from EUR 6,863,505,000 as of FY 2021 to EUR 9,628,352,000 as of FY 2025. Borrowings and cash balances both fluctuate year‑to‑year (borrowings: EUR 2,630,011,000 in FY 2021 to EUR 2,884,220,000 in FY 2025; cash: EUR 1,344,146,000 in FY 2021 to EUR 1,467,711,000 in FY 2025), while shares outstanding declined from 243,750,962 as of FY 2023 to 242,377,204 as of FY 2024.
Market and ownership facts stood up: price used is 412.34 on 2026-09-16, market cap is 99,941,816,297, enterprise value is 101,358,325,297, trailing dividend yield is 2.06% and three‑year dividend growth is 62.3%, 13F‑reported institutional holdings total "$22.27B" as of 2026-06-30 with 720 institutional holders, and technical indicators showed a golden cross with price +3.0% versus the 50‑day SMA and +14.0% versus the 200‑day SMA (cross age 37 days).
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Total equity rose each year from EUR 2,211,416,000 as of 2021-12-31 to EUR 2,602,487,000 as of 2022-12-31, EUR 3,070,622,000 as of 2023-12-31, EUR 3,543,238,000 as of 2024-12-31 and EUR 3,914,742,000 as of 2025-12-31.
XBRL companyfacts · 0001648416-25-000027Total assets increased from EUR 6,863,505,000 as of 2021-12-31 to EUR 7,765,823,000 as of 2022-12-31, EUR 8,051,312,000 as of 2023-12-31, EUR 9,497,146,000 as of 2024-12-31 and EUR 9,628,352,000 as of 2025-12-31.
XBRL companyfacts · 0001648416-23-000043Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
Ferrari filed a Form 6‑K with primary document fnvq22026results.htm that was filed on 2026-07-30 and appears to present its second-quarter 2026 results.
6-K filed 2026-07-30Ferrari filed a Form 6‑K with primary document ferrarinvinterimreport-063.htm that was filed on 2026-07-30 and appears to be an interim report covering the period ended 30 June 2026.
6-K filed 2026-07-30Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Momentum over the past 6 months is +25.4% and ranks in the 84th percentile of the 561-stock research universe, while 6-month relative strength versus SPY is +12.7% and also in the 84th percentile of 561.
Moneyta signal set · 2026-09-16weakened in debateTechnical trend indicators show a golden cross is present, price is +3.0% versus its 50-day SMA and +14.0% versus its 200-day SMA, with the cross having an age of 37 days.
Moneyta signal set · 2026-09-16Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
Institutional 13F-reported holdings total "$22.27B" as of 2026-06-30.
13F holdings · 720 filers · as of 2026-06-30The 13F dataset reports 720 institutional holders as of 2026-06-30, with a holder_count_delta_qoq of 601.
13F holdings · 720 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Ferrari disclosed share purchases under its Euro 250 million multi-year buyback program in a periodic report filed 14 September 2026.
News · finance.yahoo.com · 2026-09-14A corporate wire release of the same buyback periodic report was distributed on 14 September 2026.
News · globenewswire.com · 2026-09-14Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The closing price used is 412.34 on price_date 2026-09-16.
Valuation inputs · SEC XBRL + stored EOD closeMarket capitalization is reported as 99,941,816,297.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The factual record in the provided evidence supports a constructive read: multi-year increases in total equity and total assets (SEC-sourced filings) show balance-sheet expansion, and a recent reduction in shares outstanding plus a disclosed multi-year buyback (periodic reports and news releases) point to active capital allocation that can concentrate shareholder value. Market technicals and momentum indicators over 6 months (rankings in the 84th percentile, a 37-day-old golden cross, and price above both SMAs) lend corroborating market-confirmation signals to the fundamental improvements. Institutional ownership data (13F holdings of $22.27B across 720 reported holders, named large managers) provides evidence of broad professional participation. The bear points — namely the absence of certain valuation multiples in the evidence set and reported positive net debt on the 2025 balance sheet — are based on missing fields or point-in-time leverage snapshots; those are valid data limitations but do not negate the observable trends in equity, assets, buybacks, dividends, and institutional interest. Evidence strength: fundamentals and filings are high (SEC filings, interim reports), market signals and ownership are medium-high (vendor signals, 13F data), while valuation gaps are weak insofar as required flow/profit metrics are absent in the provided dataset.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.30
35 surviving claims rest on 19 distinct sources; the heaviest analyst carries 23% of them, and 97% of what the desk raised survived the debate.
The read is moderately robust: 35 surviving claims draw on 19 distinct sources, so evidence breadth is reasonable, but a single analyst’s views account for nearly a quarter of claims which raises some concentration risk. The very high survival rate from debate (97%) means the desk’s assertions were little-challenged, which strengthens internal consistency but also suggests lower independent falsification during review.
Peer context · computed, not argued
12-1 momentum ranks 7th of 8 in Auto Manufacturers (as of 2026-09-16).
6-month relative strength ranks 2nd of 8 in Auto Manufacturers (as of 2026-09-16).
90-day volatility ranks 5th of 8 in Auto Manufacturers (as of 2026-09-16).
dividend yield ranks 3rd of 8 in Auto Manufacturers (as of 2026-09-16).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
8 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer+1.0 to the score
4 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.8 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.2 to the score
2 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.6 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on RACE Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.