Ferrari Barclays lifts target again, shares trade near multi-month highs

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-26, 10:41.

Ferrari N.V. (NL0011585146) sits back in the analyst spotlight today. Barclays reiterates its Buy rating on the Milan-listed shares and lifts the euro price target, adding to a string of positive calls around the NYSE ticker RACE, according to MarketScreener and Investing.com. Barclays rating note on Ferrari

What Barclays and peers say

Barclays analyst Henning Cosman keeps Ferrari at Buy and nudges the target price to 360 euros from 355 euros, implying a roughly mid-teens upside versus the last Milan close around 312 euros. MarketScreener summary of the Barclays note The stock is listed on Euronext Milan and trades under the symbol RACE in New York, giving the name a two-venue profile.

Deutsche Bank also reiterates a Buy rating and sets a materially higher target of 460 euros, framing Ferrari as a premium automaker with strong pricing and margins ahead of the second-quarter numbers on July 30. Deutsche Bank update on Ferrari Morgan Stanley recently upgraded the shares to Overweight, while Goldman Sachs raised its target to 383 euros with a Buy stance, highlighting the launch of the first fully electric Ferrari Luce. Investing.com round-up of recent analyst calls

Consensus and Q2 expectations

The analyst cluster points to a robust consensus picture going into the Q2 earnings release scheduled for July 30, with an investor call the same day as noted by Deutsche Bank. Deutsche Bank preview of Ferrari’s Q2 The bank expects slightly lower year-on-year volumes as Ferrari transitions its model line-up, but projects an adjusted EBIT margin around 30.1 percent for the quarter.

Ferrari’s pricing power shows in a gross margin around 52 percent over the last twelve months, according to InvestingPro data cited in the Deutsche Bank piece, even as the stock trades on a rich earnings multiple above 34 times. Investing.com analysis referencing InvestingPro metrics Foreign exchange headwinds are now seen as less severe than the roughly 200 million euros initially assumed for the year, which could support reported profitability.

The product behind the stock

Ferrari’s business model rests on tightly controlled volumes of high-priced sports cars and GTs, such as the 12Cilindri and the new fully electric Ferrari Luce, backed by racing heritage and a growing portfolio of personalization and lifestyle offerings. Ferrari Investor Relations overview

Where the shares trade today

The Ferrari shares (NL0011585146) last traded on Euronext Milan at 315.40 euros as of 2026-06-26, 10:07 CET, according to the Euronext live quote. Euronext Milan live price for Ferrari

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities.