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Ferrari N.V. ($RACE) Stock Forecast: Up 8.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Ferrari N.V.?

Ferrari is a luxury sports car manufacturer known for its high-performance vehicles and iconic brand. The stock had a strong bullish movement today, outperforming the overall market.

Why is Ferrari N.V. going up?

RACE stock is up 8.1% on Mar 28, 2025 13:37

  • Ferrari shares surged by 1.5% despite a general market decline, showcasing strong investor confidence in the company.
  • The Power Inflow experienced by Ferrari indicates that smart money is flowing into the stock, reflecting positive sentiment and potential future growth.
  • The update in Ferrari's commercial policy, in response to potential import tariffs on EU cars into the USA, could be seen as a strategic move to navigate changing market dynamics and ensure continued profitability.
  • Overall, Ferrari's resilience in the face of market challenges and proactive approach to policy updates may have contributed to the bullish movement in its stock price today.

RACE Price Chart

RACE Technical Analysis

RACE News

Ferrari Shares Up 1.5% After Key Signal, Despite Market Decline - Ferrari ( NYSE:RACE )

RACE KEEPS MOVING HIGHER EVEN AS BROAD MARKET DECLINES Ferrari N.V., ( RACE ) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.

https://www.benzinga.com/trading-ideas/technicals/25/03/44533329/ferrari-shares-up-1-5-after-key-signal-despite-market-decline

0 News Article Image Ferrari Shares Up 1.5% After Key Signal, Despite Market Decline - Ferrari  ( NYSE:RACE )

FERRARI: COMMERCIAL POLICY UPDATE

Maranello, 27 March 2025 - Ferrari N.V. ( NYSE/EXM: RACE ) ( "Ferrari" or the "Company" ) announces it will update its commercial policy, based on the preliminary information currently available regarding the introduction of import tariffs on EU cars into the USA.

https://www.globenewswire.com/news-release/2025/03/27/3050648/0/en/FERRARI-COMMERCIAL-POLICY-UPDATE.html

1 News Article Image FERRARI: COMMERCIAL POLICY UPDATE

Ferrari N.V. Price History

27.02.2025 - RACE Stock was down 0.9%

  • The bearish movement in Ferrari's stock (RACE) could be attributed to the announcement of updating its commercial policy due to the potential impact of import tariffs on EU cars into the USA.
  • Investors might be concerned about how these tariffs could affect Ferrari's sales and profitability, leading to a negative sentiment towards the stock.
  • The uncertainty surrounding the commercial policy update may have created a sense of caution among investors, prompting them to sell off shares of RACE, driving the bearish movement in the market.

03.01.2025 - RACE Stock was up 1.2%

  • Ferrari N.V. (RACE) experienced a strong bullish movement following the announcement of the continuation of its share buyback program.
  • The buyback program signals confidence from the company in its own stock and may indicate that the management believes the current stock price undervalues the company's true worth.
  • Investors likely reacted positively to this news, viewing it as a signal of financial strength and a potential boost to shareholder value, driving the stock price higher.
  • The market's optimistic response reflects investor confidence in Ferrari's strategic decisions and long-term prospects, contributing to the bullish movement in RACE stock.

31.00.2025 - RACE Stock was down 0.7%

  • The bearish movement in RACE stock could be attributed to profit-taking by investors after a period of strong gains.
  • The periodic report on the buyback program may have failed to meet market expectations, leading to a negative sentiment among investors.
  • Uncertainty surrounding the global economic outlook or concerns about the luxury car market could have also contributed to the downward pressure on RACE stock.

14.07.2024 - RACE Stock was up 5.1%

  • The bullish movement in Ferrari's stock (RACE) could be attributed to the positive news surrounding CNH Industrial, which has historical ties to Ferrari. The successful M&A deals and strategic moves by CNH's executive, Michele Lombardi, may have boosted investor confidence in related companies like Ferrari.
  • The mention of the iconic brand in various contexts can keep it in the spotlight and potentially attract more investors.
  • Overall, the combination of positive industry news, successful business strategies by related companies, and the continued brand recognition of Ferrari could have all played a role in the bullish movement of RACE stock today.

07.04.2024 - RACE Stock was down 5.7%

  • Despite reporting an earnings beat for the first quarter of 2024, Ferrari's stock experienced a bearish movement due to flat vehicle shipments compared to the prior-year period.
  • The market may have reacted negatively to Ferrari sticking to its full-year forecasts, possibly indicating concerns about future growth prospects.
  • Investors might be disappointed with the lack of significant growth in shipments, leading to a sell-off in the stock despite the positive earnings and revenue figures.
  • The overall sentiment around Ferrari's performance in the first quarter seems mixed, with steady financials but challenges in increasing vehicle shipments impacting the stock price negatively.

07.04.2024 - RACE Stock was down 5.0%

  • Despite surpassing earnings per share and revenue expectations for Q1 2024, Ferrari's stock faced a downward trend.
  • The market response to Ferrari's decision to maintain its full-year projections was negative, indicating a mixed outlook.
  • The company's first-quarter profit rose primarily because of increased demand for customizations, yet this positive development was clouded by future apprehensions.
  • Ferrari's somber forecast, combined with the market's broader sentiment following recent macro events, likely impacted the stock's decline.

16.03.2024 - RACE Stock was up 0.3%

  • Impressive performance in Q1 2024 and the stock market's rally could have boosted investor confidence in RACE, leading to a bullish movement.
  • Ferrari's steady progress in its multi-year buyback plan may have signaled strong financial stability and management confidence, attracting more investors to the stock.
  • Carlos Sainz's successful performance for Ferrari at the Japanese Grand Prix could have generated positive sentiment around the company, contributing to the bullish market movement of RACE.
  • The overall positive market sentiment and investor optimism following the company's strategic initiatives and successful events could have further fueled the bullish momentum of Ferrari's stock today.

01.07.2024 - RACE Stock was down 3.2%

  • Strong Q2 results and raised full-year forecasts demonstrate Ferrari's robust performance and growth prospects.
  • Increased demand for personalizations and a richer product offer have contributed to Ferrari's positive performance.
  • The announcement of Carlos Sainz leaving Ferrari to join Williams may have impacted investor sentiment, leading to the bearish movement in RACE stock.
  • Ferrari's ongoing share buyback program could also be a factor influencing the stock movement, as investors assess the company's capital allocation strategies.

15.07.2024 - RACE Stock was up 5.3%

  • The news of a Singaporean being charged with disposing of Rolls-Royce and Ferrari cars in a money laundering case may have created some buzz around luxury car brands like Ferrari, potentially increasing investor interest in the company.
  • Positive comments on Clorox and Ferrari by Jim Cramer in the Lightning Round segment could have boosted investor confidence in Ferrari's stock, contributing to its bullish movement.
  • The mention of Ferrari in an article about CNH Industrial's M&A activities might have indirectly highlighted Ferrari's strong brand presence and value within the automotive industry, influencing investor sentiment positively.
  • The auction of rare and endangered horses being compared to "Ferrari in a junkyard" is a quirky reference that, although unrelated to the company's actual performance, could have subconsciously kept the Ferrari brand in the minds of readers and investors, potentially contributing to the bullish market movement.

26.01.2025 - RACE Stock was down 1.8%

  • The bearish movement in Ferrari's stock (RACE) today could be attributed to profit-taking by investors after a recent bullish run.
  • The release of the 2024 Annual Report and the dividend distribution proposal may have failed to meet market expectations, leading to a negative sentiment among investors.
  • Investors might be concerned about the company's financial performance or future growth prospects, prompting them to sell off their positions in RACE.
  • Overall, the market reaction suggests that investors are reevaluating their positions in Ferrari, possibly due to uncertainties surrounding the company's financial outlook.

28.02.2025 - RACE Stock was up 8.1%

  • Ferrari shares surged by 1.5% despite a general market decline, showcasing strong investor confidence in the company.
  • The Power Inflow experienced by Ferrari indicates that smart money is flowing into the stock, reflecting positive sentiment and potential future growth.
  • The update in Ferrari's commercial policy, in response to potential import tariffs on EU cars into the USA, could be seen as a strategic move to navigate changing market dynamics and ensure continued profitability.
  • Overall, Ferrari's resilience in the face of market challenges and proactive approach to policy updates may have contributed to the bullish movement in its stock price today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.