Ferrari slips as investors weigh analyst caution and post-guidance valuation reset

Ferrari N.V. (RACE) is down 4.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The day’s drop appears tied to an ongoing sentiment shift around Ferrari’s medium-term growth outlook, with investors continuing to de-risk a premium valuation after recent guidance and incremental analyst caution. There was no single, widely circulated company-specific headline today, so the move may reflect follow-through selling rather than a fresh catalyst.

Details:

A recent bearish pivot from a major sell-side shop highlighted limited upside if Ferrari keeps prioritizing brand scarcity over unit growth, alongside execution risk for its first fully electric model expected in late 2026.

Ferrari’s latest full-year materials included 2026 guidance and extensive forward-looking risk factors (including FX, macro demand sensitivity, and electrification investment), which can amplify volatility when expectations are high.

Ferrari has also been active around capital returns, including concluding a multi-year buyback tranche and outlining plans to continue repurchases under its authorized program, which can influence near-term technicals as windows open/close.

This could also be because broader risk-off trading hit high-multiple luxury/consumer names, leading to outsized moves without company news.

Sources:

Ferrari Investor Relations, TradingView News, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$RACE Hedge Fund Activity

We have seen 344 institutional investors add shares of $RACE stock to their portfolio, and 466 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ removed 1,512,504 shares (-71.3%) from their portfolio in Q4 2025, for an estimated $558,960,978
FMR LLC removed 1,456,275 shares (-85.7%) from their portfolio in Q4 2025, for an estimated $538,180,989
CAPITAL WORLD INVESTORS removed 1,175,679 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $434,483,931
BLACKROCK, INC. removed 1,058,984 shares (-82.5%) from their portfolio in Q4 2025, for an estimated $391,358,127
NINETY ONE UK LTD added 905,123 shares (+inf%) to their portfolio in Q4 2025, for an estimated $334,497,255
CAPITAL INTERNATIONAL INVESTORS removed 901,705 shares (-60.1%) from their portfolio in Q4 2025, for an estimated $333,234,099
MORGAN STANLEY added 771,039 shares (+43.4%) to their portfolio in Q4 2025, for an estimated $284,945,172

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$RACE Congressional Stock Trading

Members of Congress have traded $RACE stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RACE stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 2 purchases worth up to $30,000 on 11/19, 10/21 and 1 sale worth up to $15,000 on 12/18.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$RACE Analyst Ratings

Wall Street analysts have issued reports on $RACE in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Goldman Sachs issued a "Buy" rating on 11/24/2025
UBS issued a "Buy" rating on 11/05/2025
Citigroup issued a "Buy" rating on 10/16/2025
Bernstein issued a "Outperform" rating on 10/10/2025
HSBC issued a "Buy" rating on 10/02/2025

To track analyst ratings and price targets for $RACE, check out Quiver Quantitative's $RACE forecast page.

$RACE Price Targets

Multiple analysts have issued price targets for $RACE recently. We have seen 8 analysts offer price targets for $RACE in the last 6 months, with a median target of $475.0.

Here are some recent targets:

Jose Asumendi from JP Morgan set a target price of $447.0 on 03/03/2026
Zuzanna Pusz from UBS set a target price of $555.0 on 01/09/2026
Christian Frenes from Goldman Sachs set a target price of $454.0 on 11/24/2025
Michael Binetti from Evercore ISI Group set a target price of $475.0 on 10/31/2025
Susy Tibaldi from Citigroup set a target price of $529.0 on 10/16/2025
Stephen Reitman from Bernstein set a target price of $475.0 on 10/10/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.