Ferrari N.V. (RACE) - Stock Analysis
Last updated: Jun 7, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Ferrari posted strong 2025 results (FCF +50%), reiterated high‑margin 2026 guidance, and is executing large multi‑year buybacks (~€3.5B through 2030); with ~11% 21‑day price momentum and supportive luxury demand, RACE offers a technically extended but well‑funded short‑term upside trade.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: • Elite Margins • Strong Cash Flow • Premium Valuation RACE combines elite profitability and cash generation with manageable leverage, but its premium valuation and sizable payouts limit upside despite stable Q1 2026 margins.
Price Behavior
Key Price Behavior Insights: • Higher lows • Support rebound • Resistance stall Support Level: $329-$333 Resistance Level: $350-$354 RACE has improved over the last month with higher lows and a rebound above $330-$340 support, but it is stalling below $350-$354 resistance, so the trend is constructive yet needs a clean breakout to extend.
Sentiment & News
Key News Insights: • Strong fundamentals • EV backlash • Valuation debate Ferrari's strong margins, backlog, and pricing power remain intact, but investor backlash to its first fully electric Luce has triggered a sharp selloff and renewed debate over valuation and EV strategy.
AI Summary
Ferrari remains an elite cash-generative luxury franchise, but the stock now hinges less on fundamentals than on proving that electrification can preserve brand scarcity and pricing power; with the shares already richly valued, upside likely depends on a cleaner EV-transition catalyst rather than just solid execution.
Description
Ferrari N.V., through its subsidiaries, designs, engineers, manufactures and sells high-performance and luxury road and racing cars, including limited-edition and track-focused models. The company also provides aftermarket services and parts, offers financing and leasing to customers and dealers, and licenses its brand across lifestyle products and theme parks; it operates museums in Maranello and Modena and manages racetracks. Ferrari distributes vehicles and branded goods via a global dealer and retail network and online, and is headquartered in Maranello, Italy, with origins dating to 1947.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Feb 13 | Feb 20 | RACE | Ferrari N.V. | Ferrari posted strong 2025 results (FCF +50%), reiterated high‑margin 2026 guidance, and is executing large multi‑year buybacks (~€3.5B through 2030); with ~11% 21‑day price momentum and supportive luxury demand, RACE offers a technically extended but well‑funded short‑term upside trade. | Closed | -3.2% |
| Sep 8 | Sep 15 | RACE | Ferrari N.V. | Ferrari delivered steady Q2 results with order backlog through 2027 and ongoing share buyback execution; shares gained ~8.9% over 3 weeks, trading above the 21-day average with room below upper Bollinger Band, supported by strong demand and product launches despite high valuation and sector headwinds. | Closed | -0.0% |