Ferrari N.V. ($RACE) Stock Forecast: Down 5.0% Today

What is Ferrari N.V.?

Ferrari N.V. (NYSE: RACE) is a renowned luxury sports car manufacturer, known for its high-performance vehicles and iconic brand. The company has a strong presence in the automotive industry and a loyal customer base of enthusiasts and collectors.

Why is Ferrari N.V. going down?

RACE stock is down 5.0% on May 5, 2026 14:56

• 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.

RACE Price Chart

RACE Technical Analysis

RACE News

Ferrari (NYSE: RACE) details €13.1M late‑April share repurchases

Ferrari N.V. (NYSE: RACE) has reported new activity in its €250 million share buyback program, repurchasing 44,782 common shares on Euronext Milan between April 27 and April 30, 2026, for a total of €13.1 million. This marks progress in the second tranche of a larger multi-year buyback plan aiming for approximately €3.5 billion by 2030. As of May 1, 2026, Ferrari held over 17.5 million common shares in treasury, representing 9.06% of total issued common shares.

https://www.stocktitan.net/sec-filings/RACE/6-k-ferrari-n-v-current-report-foreign-issuer-a4271a6edcbc.html

Ferrari’s 2026 buyback reaches €303.6M after latest share buys

Ferrari N.V. (NYSE: RACE) has announced further share purchases under its ongoing multi-year share buyback program. The company acquired 44,782 shares for €13.1 million between April 27-30, 2026, as part of the €250 million Second Tranche. Since the program's inception on January 5, 2026, Ferrari has repurchased a total of 1,027,264 shares worth over €303.5 million, holding 9.06% of issued common shares in treasury as of May 1, 2026.

https://www.stocktitan.net/news/RACE/ferrari-n-v-periodic-report-on-the-buyback-cqkputwrx1dn.html

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Ferrari N.V. announced its periodic report on the share buyback program. The company purchased 44,782 common shares between April 27 and April 30, 2026, totaling over €13 million. Since the multi-year program began on January 5, 2026, Ferrari has acquired 1,027,264 common shares for approximately €303.5 million.

https://www.globenewswire.com/news-release/2026/05/04/3286831/0/en/ferrari-n-v-periodic-report-on-the-buyback-program.html

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello ( Italy ) , May 4, 2026 - Ferrari N.V. ( NYSE/EXM: RACE ) ( "Ferrari" or the "Company" ) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately ...

https://markets.businessinsider.com/news/stocks/ferrari-n-v-periodic-report-on-the-buyback-program-1036100708

(RACE) and the Role of Price-Sensitive Allocations

This article analyzes Ferrari N.v. (NASDAQ: RACE), indicating near-term weak sentiment that may lead to a resumption of long-term weakness. It highlights an exceptional risk-reward setup targeting an 11.5% gain with minimal risk and provides three distinct AI-generated trading strategies (Position Trading, Momentum Breakout, and Risk Hedging) tailored for different risk profiles and holding periods, along with multi-timeframe signal analysis.

https://news.stocktradersdaily.com/news_release/90/RACE_and_the_Role_of_Price-Sensitive_Allocations_050426074802_1777895282.html

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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.