Ferrari N.V (RACE) | News Based Sentiment Analysis

• On September 2, 2025, Deutsche Bank upgraded Ferrari N.V. (NYSE:RACE) from "Hold" to "Buy", raising the price target to €520 from €430, anticipating the impact of the upcoming F80 supercar and the October Capital Markets Day. This upgrade signals increased confidence in Ferrari’s future growth potential.
• UBS followed suit on September 3, 2025, raising its price target for Ferrari to $570.00, a 5.56% increase from its previous target, while maintaining a 'Strong Buy' rating. This reinforces the belief in Ferrari’s long-term value.
• Ferrari continued its share repurchase program, investing €23.69 million between September 1 and September 5, 2025, acquiring 56,285 common shares at an average price of €420.9794. As of September 8, 2025, the company held 15,829,726 treasury shares, representing 8.16% of its issued share capital, demonstrating a commitment to returning capital to shareholders.
• On or around September 6, 2025, Ferrari launched the new 849 Testarossa hybrid sportscar, priced at $540,000, with deliveries expected in the second and third quarters of next year, starting in Europe. This new model aims to capitalize on the growing demand for hybrid vehicles.
• Around September 5, 2025, Ferrari Chairman John Elkann settled a tax fraud case by agreeing to a year of community service and a negotiated payment related to his grandmother's inheritance. While resolved, this legal issue briefly introduced reputational risk.
• Institutional investor activity revealed mixed signals between September 2 and September 12, 2025. BANK OF AMERICA CORP /DE/ removed 786,742 shares (-22.0%), and GOLDMAN SACHS GROUP INC removed 739,970 shares (-32.5%), while VIKING GLOBAL INVESTORS LP added 585,872 shares (+432.7%).
• Further institutional activity between September 10-12, 2025, showed Zurich Insurance Group Ltd FI decreased holdings by 40.7% (32,441 shares sold), while GW&K Investment Management LLC increased their stake by 288.9% (acquiring 52 shares).
• On September 11, 2025, Ferrari’s 15-minute chart exhibited bearish technical indicators – a MACD Death Cross, narrowing Bollinger Bands, and a Bearish Marubozu candlestick – suggesting a potential downward trend.

The Investment Story: September was a month of positive analyst activity and continued share buybacks for Ferrari, building on a strong Q2 earnings report, though tempered by some institutional selling and bearish technical signals. The focus remains on the upcoming Capital Markets Day and the potential of the F80 supercar and the new 849 Testarossa hybrid.

What It Means for Investors: The upgrades and buybacks suggest continued confidence in Ferrari’s long-term prospects, despite some short-term revenue concerns and institutional investor shifts. Investors should monitor the October Capital Markets Day for further clarity on growth targets and the impact of the new models. The mixed institutional activity and bearish technical indicators warrant caution.

Looking Ahead: Investors should closely watch Ferrari’s October Capital Markets Day for details on ambitious mid-term targets and the potential for a €3 billion share buyback. The launch of the 2026 F80 supercar and its projected €450 million in incremental earnings will also be a key focus, as will the performance of the new 849 Testarossa hybrid.

The Bottom Line: Ferrari remains a compelling luxury brand with strong financial fundamentals and a dedicated investor base. While cautious revenue guidance and mixed investor activity warrant monitoring, the positive momentum from analyst upgrades and share buybacks suggests a cautiously optimistic outlook.