Ferrari NV (FRA:2FE) Shares Outstanding (Basic Average): 177 Mil (As of Mar. 2026)


FRA:2FE Ferrari NV FRA:2FE
91 GF Score
Price €302.50
GF Value €432.69
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ferrari NV Shares Outstanding (Basic Average)?

Ferrari NV FRA:2FE -0.87% 91 Shares Outstanding (Basic Average) is 177 Mil as of Mar. 2026. GuruFocus rates FRA:2FE with a GF Score™ of 91/100 and a GF Value™ of €432.69 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ferrari NV's average basic shares outstanding for the quarter that ended in Mar. 2026 was 177 Mil.


Ferrari NV  (FRA:2FE) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Ferrari NV Shares Outstanding (Basic Average) Related Terms


Ferrari NV Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Ferrari NV's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ferrari NV Shares Outstanding (Basic Average) Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.45 182.84 181.22 179.74 178.13

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.65 178.22 178.15 177.48 176.98
FRA:2FE
91GF Score
Ferrari NV FRA:2FE
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 177 Mil mean?
Ferrari NV (FRA:2FE) has a Shares Outstanding (Basic Average) of 177 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ferrari NV and its competitors.
Is Ferrari NV's Shares Outstanding (Basic Average) too high?
Ferrari NV's current Shares Outstanding (Basic Average) is 177 Mil. Overall, Ferrari NV has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Shares Outstanding (Basic Average) compare to TSLA and GM?
Ferrari NV's Shares Outstanding (Basic Average) of 177 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Vehicles & Parts company?
A good Shares Outstanding (Basic Average) depends on the Vehicles & Parts industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ferrari NV and its competitors. Ferrari NV's current Shares Outstanding (Basic Average) is 177 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (FRA:2FE) is currently considered Significantly Undervalued. The stock's GF Value™ is €432.69, compared to a current price of €302.50 — trading 30.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 177 Mil. Ferrari NV's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Ferrari NV (FRA:2FE), the current Shares Outstanding (Basic Average) is 177 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrari NV (FRA:2FE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of €302.50 is trading 30.1% below its estimated GF Value™ of €432.69. GuruFocus considers Ferrari NV to be Significantly Undervalued.

Key valuation signals for FRA:2FE:

  • Shares Outstanding (Basic Average): 177 Mil
  • GF Value™: €432.69 vs. price of €302.50 (30.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the FRA:2FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
91GF Score

Get the complete analysis for FRA:2FE

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€302.50
Price
€432.69
GF Value