Ferrari (NYSE:RACE) Price Target Raised to $447.00

06 Mar 2026, 07:30 by Sarita Garza · The Markets Daily

Ferrari (NYSE:RACE – Free Report) had its price target hoisted by JPMorgan Chase & Co. from $407.00 to $447.00 in a research report sent to investors on Tuesday,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other research firms have also recently weighed in on RACE. Jefferies Financial Group restated a “hold” rating on shares of Ferrari in a report on Wednesday, February 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Ferrari in a research note on Monday, December 29th. Oddo Bhf downgraded Ferrari to a “neutral” rating in a research report on Wednesday, December 10th. UBS Group decreased their price objective on Ferrari from $563.00 to $555.00 and set a “buy” rating for the company in a report on Friday, January 9th. Finally, Barclays set a $420.00 price objective on Ferrari and gave the stock an “overweight” rating in a research report on Tuesday, December 9th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $475.61.

Get Our Latest Research Report on RACE

Ferrari Trading Down 2.1%

RACE opened at $357.44 on Tuesday. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74. The firm has a market cap of $83.62 billion, a price-to-earnings ratio of 35.35, a PEG ratio of 3.55 and a beta of 0.97. Ferrari has a 12 month low of $328.00 and a 12 month high of $519.10. The stock has a fifty day moving average price of $359.25 and a 200-day moving average price of $403.62.

Ferrari Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be issued a dividend of $3.615 per share. This represents a dividend yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date of this dividend is Tuesday, April 21st.

Hedge Funds Weigh In On Ferrari

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Groupama Asset Managment increased its holdings in shares of Ferrari by 5.7% in the third quarter. Groupama Asset Managment now owns 16,990,621 shares of the company’s stock valued at $8,244,189,000 after purchasing an additional 916,821 shares during the period. Vanguard Group Inc. boosted its position in Ferrari by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 5,213,450 shares of the company’s stock valued at $1,937,388,000 after buying an additional 58,506 shares during the last quarter. Amundi increased its holdings in Ferrari by 11.1% in the 4th quarter. Amundi now owns 3,303,264 shares of the company’s stock worth $1,220,754,000 after buying an additional 330,896 shares during the period. Bank of New York Mellon Corp raised its position in Ferrari by 63.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock worth $1,295,907,000 after buying an additional 1,039,234 shares during the last quarter. Finally, Morgan Stanley raised its position in Ferrari by 43.4% during the 4th quarter. Morgan Stanley now owns 2,546,564 shares of the company’s stock worth $941,109,000 after buying an additional 771,039 shares during the last quarter.

Trending Headlines about Ferrari

Here are the key news stories impacting Ferrari this week:

Positive Sentiment: JPMorgan issued a bullish forecast calling for strong price appreciation for Ferrari, which can support investor confidence and buying interest if the firm’s guidance and margins align with the bank’s view. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Ferrari (NYSE:RACE) Stock
Positive Sentiment: A bullish investment note summarized on InsiderMonkey highlights a pro-Ferrari thesis (valuation, brand, margin resilience) from Grillo Insights — a narrative that could attract long-only flows if macro and luxury demand stay firm. Is Ferrari N.V. (RACE) A Good Stock To Buy Now?
Positive Sentiment: Race-week coverage suggests Ferrari may have a technical/competitive edge for the 2026 Australian GP — positive for brand momentum and short-term sentiment if on-track performance confirms it. Ferrari handed new 2026 advantage ahead of Australian GP as key issue emerges
Positive Sentiment: Celebrity and pundit commentary (e.g., Patrick Dempsey) and veteran analysts predict Ferrari looks “very strong” heading into 2026 — helpful for consumer and investor sentiment around the brand. Patrick Dempsey explains why Ferrari look ‘very strong’ heading into the 2026 F1 season
Neutral Sentiment: High-profile season previews (NYT Athletic) and pundit predictions set expectations for a competitive 2026 F1 title fight — useful context but only indirectly affects RACE’s fundamentals unless on-track results change sales/branding. F1 season predictions: Our picks for 2026’s title race, surprises and one ‘dumpster fire’
Neutral Sentiment: Operational/technical staffing notes: Lewis Hamilton’s new Ferrari engineer was spotted at the Australian GP but an official start date is unclear — could be positive if it accelerates performance, but timing uncertainty tempers impact. Lewis Hamilton’s new Ferrari engineer seen at Australian GP but start date still up in the air
Neutral Sentiment: CNBC reports Ferrari is continuing to invest in its EV program while rivals like Lamborghini are scaling back — this differentiation could be long-term positive for brand/technology but increases near-term capex and execution risk. Why Ferrari is still betting on its EV, even as Lamborghini backs off
Negative Sentiment: Valuation and technical concerns: several write-ups note a pullback after a multi‑year run and the stock trading below longer-term moving averages — that increases downside risk if quarter-to-quarter results or guidance disappoint. Ferrari (NYSE:RACE) Valuation Check As Shares Pull Back After Multi Year Run

Ferrari Company Profile

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Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.