Ferrari N.V. ($RACE) Stock Forecast: Up 5.1% Today

What is Ferrari N.V.?

Ferrari (RACE) is a renowned luxury automaker known for its high-performance sports cars and Formula 1 racing heritage. Today, the stock experienced a strong bullish movement amidst significant market attention surrounding the unveiling of its first all-electric vehicle, the Luce.

Why is Ferrari N.V. going up?

RACE stock is up 5.1% on May 28, 2026 17:07

• The unveiling of Ferrari's first all-electric vehicle, the Luce, sparked both excitement and skepticism in the market.
• Criticisms from industry figures like former chairman Luca di Montezemolo and investor Ross Gerber, coupled with a drop in Ferrari's stock price, indicate mixed reactions to the new EV.
• CEO Benedetto Vigna's defense of the Luce as a product of innovation and years of deliberate work highlights the company's commitment to pushing boundaries despite market uncertainties.
• The market's bullish response suggests investor optimism and interest in Ferrari's strategic shift towards electric vehicles, albeit with some reservations about the potential impact on the brand's legendary status.

RACE Price Chart

RACE Technical Analysis

RACE News

Ferrari Ex-Chairman Warns New Luce EV Risks ‘Destruction of a Legend’

Former Ferrari chairman Luca di Montezemolo has issued a stark warning that the company's first all-electric car, the Luce, risks "the destruction of a legend." Launched at €550,000, the Luce, despite its advanced features and design by Jony Ive's LoveFrom studio, drew skepticism from Montezemolo and the public, leading to a 6% drop in Ferrari's shares. CEO Benedetto Vigna, however, defended the project, emphasizing that innovation is not democratic and the Luce represents five years of deliberate work.

https://beincrypto.com/ferrari-luce-ev-montezemolo-stock-slump/

Pope Leo XIV Checks Out Ferrari's New EV As Ross Gerber Calls The Luce 'Ugly' And 'Pathetic'

Pope Leo XIV inspected Ferrari's new Luce EV, which Ferrari officials described as their first five-seater vehicle with impressive horsepower and Formula 1 underpinnings. Despite positive internal reception, the EV faced criticism from investor Ross Gerber, who deemed its interior "pathetic" and the design "ugly." The reveal of the Luce also led to a nearly 5% drop in Ferrari's stock during after-hours trading.

https://www.benzinga.com/markets/tech/26/05/52798814/pope-leo-xiv-ferraris-ev-ross-gerber-calls-luce-ugly

Ferrari Unveils $640,000 Electric Luce On Luxury EV Future

Ferrari has unveiled its first all-electric vehicle, the Luce, a four-door luxury EV priced at around $640,000. Designed with Jony Ive, this model marks Ferrari's first five-passenger car, boasting over 1,000 horsepower and a 500 km range, targeting wealthy families and growth in markets like China. Deliveries are expected to begin in late 2026, despite a recent dip in high-end electric sports car demand.

https://www.rttnews.com/3655474/ferrari-unveils-640000-electric-luce-on-luxury-ev-future.aspx

Ferrari stock drops after the supercar maker reveals its first EV

Ferrari's stock experienced a dip following the announcement and detailed reveal of its first all-electric vehicle. This move into the EV market, while anticipated, appears to have prompted an immediate negative reaction from investors, indicating some market apprehension regarding the luxury automaker's new strategic direction. The article provides no further details beyond this.

https://www.msn.com/en-us/autos/news/ferrari-s-new-ev-looks-like-a-nissan-leaf-and-costs-640-000/ar-AA245dsv

Price to earnings ratio of Ferrari NV Shs Cert Deposito Arg Repr 0.0120481927 Shs – BCBA:RACE.CI

This article displays the price-to-earnings ratio for Ferrari NV Shs Cert Deposito Arg Repr 0.0120481927 Shs (BCBA:RACE.CI) on the Buenos Aires Stock Exchange, sourced from TradingView. It indicates that the market is currently closed. The page also points out that market data is provided by ICE Data Services and reference data by FactSet.

https://www.tradingview.com/symbols/BCBA-RACE.CI/financials-statistics-and-ratios/price-earnings/

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Ferrari N.V. Price History

17.03.2026 - RACE Stock was up 5.2%

• Shareholders approved a significant €640 million cash dividend, demonstrating confidence in the company's financial position and future prospects.
• Renewal of the board's authority to repurchase up to 10% of common shares signals a commitment to enhancing shareholder value and confidence in the company's growth trajectory.
• The focus on brand exclusivity, premium pricing power, and strategic expansion into luxury lifestyles positions Ferrari well for continued growth, especially among high-net-worth individuals in key markets.
• The combination of strong financials, impressive earnings growth, and sustainable dividend policies likely contributed to the bullish movement in Ferrari's stock price today.

08.03.2026 - RACE Stock was up 5.6%

• The bullish movement in Ferrari N.V. ($RACE) today can be attributed to the company's significant increase in its treasury stake to 8.99% of issued common shares through ongoing buybacks. This move indicates confidence in the company's financial position and future prospects.
• Baer Investment Advisory LLC acquiring a new stake in Ferrari further fueled positive sentiment around the stock, with analysts rating it as a "Moderate Buy" and setting an average price target of $469.06.
• Ferrari's commitment to returning capital to shareholders through its multi-year share buyback program, with a substantial amount already spent and more expected to be executed by 2030, showcases a strong focus on enhancing shareholder value and boosting investor confidence.
• The periodic reports on the buyback program highlight transparency and accountability, reinforcing investor trust in Ferrari's strategic decisions and financial management.

08.03.2026 - RACE Stock was up 6.8%

• Ferrari's bullish movement can be attributed to the company's ongoing share buyback program, where it has increased its treasury stake to 8.99% of issued common shares. This move indicates confidence in the company's financial position and future prospects.
• The substantial amount spent on share repurchases, totaling over €232 million since January 5, 2026, showcases Ferrari's commitment to enhancing shareholder value and returning capital to investors.
• Investors likely view Ferrari's buyback program positively, as it signals management's belief in the company's long-term growth potential and financial stability, leading to increased demand for the stock and driving its bullish movement.
• The transparency provided through periodic reports on the buyback program reinforces investor trust and highlights Ferrari's strategic approach to capital allocation, further supporting the stock's upward trajectory.

19.02.2026 - RACE Stock was down 5.1%

• The increased stake by CIBC Private Wealth Group LLC and Ameriprise Financial Inc. could indicate confidence in Ferrari's long-term growth prospects, despite the bearish movement in the stock today.
• Maxi Investments CY Ltd selling shares might have contributed to the downward pressure on the stock price, possibly due to profit-taking or a shift in their investment strategy.
• Ferrari's active share buyback program, highlighted by the purchase of 99,836 shares, demonstrates the company's commitment to enhancing shareholder value, but the market may have reacted negatively to other underlying factors such as regulatory issues and internal team dynamics.
• The overall sentiment from analysts maintaining a "Moderate Buy" rating and a consensus target price of $475.61 suggests that the market sees potential in Ferrari's future performance, despite the current bearish trend.

13.00.2026 - RACE Stock was down 3.8%

• The downgrade of Ferrari stock from Buy to Hold, citing anticipated shifts in focus and headwinds such as increased costs and foreign exchange pressures, likely contributed to the bearish movement.
• Ferrari's purchase of its own shares for over EUR12 million may have signaled a lack of confidence in the stock's current valuation, leading to a decline in share price.
• Investor debate on whether Ferrari's stock is still a buy despite its strong rally and high valuation could have added uncertainty and pressure on the stock, resulting in the bearish movement.
• The upcoming release of Ferrari's 2025 full-year and Q4 financial results on February 10 could be causing investors to take a cautious stance, leading to profit-taking and the bearish market movement today.

05.00.2026 - RACE Stock was up 1.8%

• The extension of the shareholders' agreement between EXOR NV and the Ferrari family until 2029 provides stability and continuity in governance for Ferrari as it explores developing its first fully-electric model.
• Despite a recent downgrade to a "Strong Sell" rating by Zacks Research, Ferrari's stock experienced a bullish movement, possibly influenced by positive analyst sentiments and projections for earnings growth and revenue.
• Berenberg's maintained Buy rating, albeit with a reduced price target, and the positive outlook on Ferrari's financial performance could have contributed to the bullish market movement.
• The significant reduction in stake by Miracle Mile Advisors LLC might have initially raised concerns, but overall market sentiment seems to be optimistic about Ferrari's future prospects, leading to the bullish movement in the stock price today.

08.00.2026 - RACE Stock was up 1.2%

• The announcement of Ferrari's upcoming financial results for the full year and fourth quarter of 2025 on February 10 has generated positive anticipation among investors, leading to a bullish movement in the stock.
• Institutional investors increasing their stake in Ferrari by 33.1% in Q3, along with other major players accumulating shares, reflects strong confidence in the company's performance and future prospects.
• Despite a reduction in stake by a certain institution in Q3, the overall positive financial performance of Ferrari, surpassing expectations in terms of EPS and revenue, has maintained a consensus "Buy" rating among analysts with a target price of $489.47.
• The extension of the shareholders' agreement between a certain entity and the Ferrari family until January 2029 provides stability and continuity in governance for Ferrari, especially as the company ventures into developing its first fully-electric model and addresses industry challenges, further boosting investor confidence in the stock.

10.01.2026 - RACE Stock was up 7.0%

• The announcement of Ferrari's first all-electric vehicle, the Luce, with impressive specifications like over 1,000 horsepower and a 122 kWh battery, likely sparked excitement among investors, contributing to the bullish movement.
• Anticipation surrounding Ferrari's strong performance in 2025, as indicated in the earnings preview and analyst price targets, could have further boosted investor confidence in the company's future growth prospects.
• The teaser images of the Luce electric sports car generating buzz and showcasing Ferrari's innovation in the electric vehicle space might have attracted more interest from potential buyers and investors, driving up the stock price.

10.01.2026 - RACE Stock was up 9.0%

• Ferrari NV (RACE) experienced a significant surge in its stock price following the release of its strong full-year 2025 earnings, which showcased a 7% increase in net revenues and a 12% rise in EBIT. The optimistic 2026 guidance, with a target of approximately €7.5 billion in revenue and a 39% EBITDA margin, further fueled investor confidence in the company's growth prospects.
• Despite missing analyst estimates for Q4 earnings and falling short on revenue, Ferrari's overall performance and outlook for the future seem to have overshadowed these minor setbacks, leading to a positive market sentiment and driving the stock price higher.
• The premium product mix, increased personalizations, and improved operational efficiency highlighted in the earnings report have likely reassured investors about Ferrari's ability to maintain its competitive edge and drive continued growth in the coming year.

10.11.2025 - RACE Stock was down 5.3%

• The bearish movement in Ferrari's stock (RACE) today could be attributed to profit-taking by investors after a period of strong performance.
• Despite the positive news surrounding Ferrari, such as the share buyback program, increased stake by Ossiam, and the renewal of a credit facility, market sentiment may have shifted, leading to the downward movement.
• The dip in stock price could also be influenced by broader market trends or sector rotation impacting high-end luxury stocks like Ferrari.
• Investors might be reacting to concerns over slower growth targets mentioned in recent discussions about buying the dip in Ferrari stock, leading to a temporary decline in the stock price.

05.04.2026 - RACE Stock was down 5.0%

• The stock of Ferrari (RACE) experienced a bearish movement today despite the company's ongoing share buyback program and repurchasing activities.
• The market may have reacted negatively due to concerns about the effectiveness of the buyback program in boosting shareholder value or uncertainties surrounding the company's future growth prospects.
• The analysis mentioning weak sentiment and potential long-term weakness could have influenced investor sentiment, leading to selling pressure on the stock.
• Investors might be cautious about the company's ability to navigate challenges in the luxury car market or the broader economic environment, impacting the stock's performance negatively.

28.04.2026 - RACE Stock was up 5.1%

• The unveiling of Ferrari's first all-electric vehicle, the Luce, sparked both excitement and skepticism in the market.
• Criticisms from industry figures like former chairman Luca di Montezemolo and investor Ross Gerber, coupled with a drop in Ferrari's stock price, indicate mixed reactions to the new EV.
• CEO Benedetto Vigna's defense of the Luce as a product of innovation and years of deliberate work highlights the company's commitment to pushing boundaries despite market uncertainties.
• The market's bullish response suggests investor optimism and interest in Ferrari's strategic shift towards electric vehicles, albeit with some reservations about the potential impact on the brand's legendary status.