UBS cuts target for Ferrari stock from USD 490 to USD 450

Published on 10/26/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock costs EUR 355.98 on October 26, 2026, against USD 456.71 consensus. Revenue rose 8.4 percent to USD 2.21 billion in the quarter.

Analyst view and operating scale

UBS cut its Ferrari target from USD 490 to USD 450 on October 5, 2026.
Ferrari reported USD 2.21 billion in second-quarter revenue, up 8.4 percent year over year.
Ferrari stock was trading at EUR 355.98 at 10:38 a.m. CEST at Lang & Schwarz on October 26, 2026.

Ferrari, NL0011585146, Illustration mit AI erstellt.

Ferrari N.V. (ISIN NL0011585146) was trading at EUR 355.98 at Lang & Schwarz on October 26, 2026, while UBS had cut its Ferrari price target from USD 490 to USD 450. The target change came on October 5, 2026, according to Markets Insider.

UBS cuts its valuation view

UBS kept a Buy rating while lowering the target, citing Ferrari's organic growth profile and customer demand checks. The same report also pointed to concerns around Ferrari Luce and a premium valuation versus luxury peers, giving investors a counterweight to the positive brand and earnings narrative.

The broader analyst picture remained constructive. MarketBeat reported a Moderate Buy consensus from 23 analysts and an average 12-month target of USD 456.71 on October 20, 2026.

What do the results mean?

Ferrari's second-quarter 2026 revenue reached USD 2.21 billion, up 8.4 percent from the prior-year quarter, while reported earnings per share were USD 2.99 against a USD 2.83 consensus. MarketBeat said the quarter exceeded expectations on both measures.

The chronology shows how the debate has shifted. On June 30, 2026, Ferrari reported USD 2.21 billion in second-quarter revenue and USD 2.99 in earnings per share; on September 30, 2026, Morgan Stanley cut its target from USD 460 to USD 456; on October 5, 2026, UBS lowered its target from USD 490 to USD 450. The analyst revisions therefore focused on valuation rather than a collapse in the reported growth rate.

Dates investors can track

Ferrari is scheduled to publish third-quarter 2026 results on November 3, 2026, a date listed in the company calendar coverage reported by Markets Insider. The report should provide the next quantified test of deliveries, pricing, margins and demand for new models.

Ferrari stock and valuation

Ferrari's primary listing is on the New York Stock Exchange, where MarketBeat reported a market capitalization of USD 92.3 billion and a 52-week range of USD 312.51 to USD 437.15 as of October 20, 2026. The euro quote places the German investor view alongside that dollar-based valuation context.

Ferrari stock was trading at EUR 355.98 at Lang & Schwarz on October 26, 2026 at 10:38 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Ferrari stock.