Ferrari stock forecast: Third-party price targets
Ferrari NV is an Italian luxury automotive company listed on the NYSE and Euronext Milan, whose shares are followed by market participants assessing price performance, analyst forecasts and broader sector and macroeconomic factors. Explore third-party RACE price targets and technical analysis.
Ferrari N.V. (RACE) is trading around €289.39, in euro terms, moving within an intraday range of €288.11 to €294.20 as of 10:44am on 20 January 2026 (UTC), with the current quote sitting closer to the lower end of the session’s range. Past performance is not a reliable indicator of future results.
Recent price action comes amid Ferrari’s ongoing multi-year share buyback programme of approximately €3.5bn through 2030. A January 2026 periodic report indicates that the company repurchased 84,500 shares between 5–16 January 2026 for about €26.6m and now holds over 8.6% of its issued common shares as treasury stock (Ferrari, 19 January 2026). The stock is also trading against the backdrop of the company’s reported Q3 2025 results, which showed net revenues of about €1.77bn, up 7.4% year-on-year, and net profit of €382m, alongside an upgraded 2025 guidance that exceeded prior 2026 targets announced at its Capital Markets Day (Investing.com, 9 October 2025).
Ferrari stock forecast 2026–2030: Third-party price targets
As of 20 January 2026, third-party Ferrari stock predictions show a cluster of revised one-year objectives, largely ranging from the mid-€300s to the high-$500s, as banks recalibrate earnings and valuation assumptions following recent guidance updates and product-cycle developments. The latest revisions tend to reflect slower near-term growth expectations, evolving views on the F80 ramp-up, and sensitivity to margins, foreign exchange movements and capital allocation.
HSBC (bank research note)
Investing.com reports that HSBC cut its Ferrari rating to Hold and lowered its 12-month price target to €345 from €415, while trimming its 2026 adjusted EBIT forecast by about 7%. The broker argues that upside appears limited, as F80-related margin support is offset by Formula One spending and FX headwinds, amid a more predictable earnings path into 2026 (Investing.com. 13 January 2026).
Bernstein (sell-side research)
Investing.com notes that Bernstein reiterated an Outperform rating with a $395 one-year RACE stock forecast, framed as a base-case scenario rather than a stretch outcome. The firm highlights Ferrari’s control over revenues and margins, assuming continued pricing discipline and an order book that supports earnings visibility, despite softer recent share performance (Investing.com, 9 January 2026).
UBS (equity research)
GuruFocus reports that UBS maintained a Buy stance but lowered its 12-month price target to $555 from $563, reflecting updated delivery timing and margin assumptions. UBS flags a weaker first half of 2026 and expects growth to be more back-loaded, as shipments and the F80 rollout influence revenue phasing while supporting a high-margin mix (GuruFocus, 9 January 2026).
Jefferies (analyst note)
Market commentary collated by MarketScreener notes that Jefferies holds a cautious stance with a €310 price target on Ferrari, one of the lower published objectives in the current analyst range. The firm highlights expected slowing in 2025 and margin pressures linked to new model launches as central assumptions, alongside broader concerns around the near-term growth phase (MarketScreener, 19 January 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
RACE stock price: Technical overview
The RACE stock price is trading near €289.39 as of 10:44am on 20 January 2026 (UTC), positioned well below its main daily moving-average cluster, with the 20-, 50-, 100- and 200-day simple moving averages grouped around approximately 314, 329, 357 and 384. The 14-day RSI sits near 25.1, placing it in an oversold zone, while the ADX around 25.8 points to an established trend environment rather than a directionless market.
On the upside, the nearest classic pivot level to monitor is the R1 area around 339.4, with R2 near 360.2 coming into focus only following a sustained daily close above the first resistance zone. On pullbacks, initial support lies near the classic pivot at approximately 323.1, with the 100-day SMA around 357 representing the next notable moving-average reference. A loss of broader support on a closing basis could open the way toward the S1 region near 302.3 (TradingView, 20 January 2026).
This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Ferrari share price history (2024–2026)
RACE’s stock price has seen significant swings over the past two years, moving from the low-€300s into record territory before slipping back below €300 in early 2026. The stock traded around €411 at the start of 2025, advanced towards the high-€480s in late February 2025, then moved back into the €440–€450 area through the summer and early autumn. It later declined from above €420 in early October to around €320 by late December 2025. By 20 January 2026, Ferrari closed at €289.59, placing it well below its February 2025 peak and marking a sharp pullback from the €423.43 level recorded on 20 January 2025.
Past performance is not a reliable indicator of future results.
Ferrari (RACE): Capital.com analyst view
Ferrari’s share price over the past two years reflects a combination of strong earlier gains and a pronounced retracement, moving from the €400–€480 range for much of 2024 and early 2025 to below €300 by 20 January 2026. This pullback followed a period in which the company reported rising revenues and profits, raised its 2025 guidance in October 2025, and outlined higher net revenue and EBITDA ambitions through to 2030. However, a lower market capitalisation into late 2025 highlights that solid fundamentals do not always translate into sustained share price performance. Past performance is not a reliable indicator of future results.
From a drivers perspective, the stock trades against a mixed backdrop. On one hand, Ferrari continues to report robust operating margins and has launched a new multi-year share buyback programme of around €3.5bn through 2030, with the first €250m tranche beginning in January 2026 and initial repurchases already disclosed. These actions can support earnings per share and signal management confidence. On the other hand, the broader luxury and high-performance vehicle sector faces shifting demand patterns, higher interest rates and execution risks linked to electrification. Third-party analyst commentary in late 2025 also noted that Ferrari’s premium valuation could amplify both upside and downside if expectations shift, meaning positive company developments may not prevent further volatility if macro or sector sentiment weakens.
Capital.com’s client sentiment for Ferrari CFDs
As of 20 January 2026, Capital.com client positioning in Ferrari CFDs remains heavily skewed towards long positions, with buyers at 97.7% compared with sellers at 2.3%, leaving a long-side imbalance of around 95.3 percentage points. This snapshot reflects open positions on Capital.com at the time and may change.
Summary – Ferrari 2026
- Ferrari’s share price traded largely in the €380–€480 range through much of 2024 and early 2025 before falling below €300 by January 2026, representing a sharp retracement from prior highs.
- As of 20 January 2026, Ferrari (RACE) trades near €289.39, towards the lower end of its recent intraday range between €288.11 and €294.20.
- Company updates in 2025 included raised guidance and long-term financial ambitions, alongside the launch of a sizeable share buyback programme, while market reaction into early 2026 has remained more cautious.
- January 2026 analyst price targets broadly cluster between €310 and €381 and $395 to $555 on a 12-month horizon, reflecting differing views on growth, margins and valuation.
- Technical indicators show the price trading well below its main 20-, 50-, 100- and 200-day moving averages, with an RSI near 25 pointing to an oversold backdrop based on recent data.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Ferrari stock?
Ferrari’s shareholder base includes a mix of strategic and institutional investors. Exor, the holding company of the Agnelli family, remains Ferrari’s largest single shareholder, holding a significant minority stake and maintaining long-standing influence following the company’s spin-off from Fiat Chrysler Automobiles. The remainder of the share register is widely held by institutional investors, funds and retail shareholders, with Ferrari shares listed on both the NYSE and Euronext Milan.
What is the 5-year Ferrari share price forecast?
There is no single agreed five-year RACE stock forecast, as long-term projections vary widely and depend on assumptions around growth, margins, demand trends and broader market conditions. Most published analyst research focuses on shorter-term, typically 12-month, price targets rather than multi-year forecasts. Over longer horizons, Ferrari’s share price is often assessed through factors such as product cycles, pricing strategy, electrification plans and global economic conditions, all of which can evolve over time.
Is Ferrari a good stock to buy?
Whether Ferrari is considered a 'good' stock depends on an individual’s objectives, risk tolerance and market outlook. Analysts often highlight Ferrari’s strong brand, pricing discipline and margins, while also pointing to its premium valuation and sensitivity to execution risks, costs and broader luxury-sector trends. Share prices can reflect both company-specific developments and wider market sentiment, meaning past performance or analyst views do not guarantee future outcomes.
Could Ferrari stock go up or down?
Ferrari’s share price can move both higher and lower over time, influenced by company results, guidance updates, analyst revisions and broader market conditions. Factors such as delivery timing, margins, foreign exchange movements, costs and demand within the luxury automotive sector can all affect price performance. External influences, including macroeconomic trends and shifts in investor sentiment, may also contribute to volatility, meaning outcomes remain uncertain in either direction.
Should I invest in Ferrari stock?
Deciding whether to invest in Ferrari stock is a personal decision that depends on individual circumstances, including financial goals, experience and risk appetite. Ferrari shares can be volatile, and their performance may not align with expectations over shorter or longer timeframes. Investors typically consider a range of factors, such as valuation, growth prospects and market conditions, and may wish to consider seeking independent financial advice before making any investment decisions.
Can I trade Ferrari CFDs on Capital.com?
Yes, you can trade Ferrari CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.