RACE Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Ratings:
Ferrari (RACE) has received mixed signals from analysts and market sentiment. Morgan Stanley and UBS have maintained a Buy rating with price targets around $520, while Barclays has a Hold rating. Insider sentiment is negative, with increased selling activity over the past quarter.
Technical Indicators:
The stock is currently trading at $436.32, with key Fibonacci levels indicating resistance at $453.48 and support at $436.30. The RSI values (34.28, 39.24, 40.48) suggest the stock is oversold, while the MACD indicates bearish momentum.
Price Prediction and Recommendation:
Based on the analysis, the stock is expected to trade sideways with a slight bearish bias. The predicted price target for the next trading week is $445.
Recommendation: Sell
RACE Similar Chart Price Prediction
The price of RACE is predicted to go up 20%, based on the high correlation periods with CSCI. The similarity of these two price pattern on the periods is 98.11%.
RACE
CSCI
Up: 20%Similarity: 98.11%
RACE Revenue Forecast
RACE EPS Forecast
RACE FAQs
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RACE VS S&P500
Ferrari's low volatility in revenue and profitability, gross margins in excess of 55%, EBITDA margins above 30%, and high ROICs are characteristics of substantial pricing power and commensurate with the metrics of luxury goods companies.
With one of the world's strongest brands, Ferrari possesses a rich heritage based in Formula One racing that enables the sale of highly coveted but highly exclusive sports cars.
A growing global population of high-net-worth individuals expands Ferrari's addressable market and supports volume growth without sacrificing exclusivity.
RACE Analyst's Forecast
Susy Tibaldi
UBS
Strong Buy
2025-04-01
Price Target
$584 → $520
Upside
+20.76%
UBS lowered the firm's price target on Ferrari to $520 from $584 and keeps a Buy rating on the shares. The firm notes Ferrari's "unique" business model.
Henning Cosman
Barclays
Hold → Buy
2025-03-28
Price Target
n/a
Downside
0%
Ryan Brinkman
JP Morgan
Buy
2025-03-27
Price Target
$525 → $460
Upside
+7.77%
