Ferrari outlines cautious EV transition, shares hold firm on NYSE

By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-28, 10:46.

Ferrari (NL0011585146) remains a premium outlier in the global auto sector as its shares trade on the NYSE under the ticker RACE. The group’s gradual shift toward hybrids and its first battery-electric model provides a clear strategic frame for long-term investors, as recent market commentary shows.

What recent reports highlight

Ferrari shares most recently closed at around 368 US dollars on the NYSE on 2026-06-26, according to pricing data aggregators that track the RACE listing. The market capitalization around that level is reported at roughly 71 billion US dollars, underscoring the brand’s valuation premium versus mass-market automakers.

Technical dashboards describe the current price momentum score for Ferrari at about 9.2 on a 0-10 scale, ranking the company near the top of the Automobiles & Auto Parts peer group. One such tool notes that the shares trade in a range between a support zone near 347 dollars and resistance around 383 dollars, with several moving-average signals pointing to a constructive trend in late June.

Analysts on the Ferrari equity story

On the analyst side, Morgan Stanley’s European autos specialist Edouard Aubin in mid-June adjusted the investment case for Ferrari while maintaining an Equal Weight stance. He reduced the firm’s euro-based price target from 357 euros to 330 euros, reflecting a more cautious view on upside after the strong multi-year share-price run. The update keeps Ferrari positioned as a quality name in the luxury and performance segment rather than a high-beta growth play.

Aggregated analyst snapshots collected by financial portals indicate that Wall Street continues to view Ferrari as a structurally high-margin manufacturer at the intersection of luxury goods and autos. That positioning matters in sector comparisons against peers such as Mercedes-Benz and Porsche, whose valuations more closely track traditional cyclical carmakers.

The product behind the stock

Ferrari’s long-term strategy rests on selling limited volumes of high-price performance cars such as the SF90 Stradale, the Purosangue crossover and an expanding hybrid portfolio. The company targets annual deliveries that preserve scarcity while supporting strong pricing power and double-digit operating margins.

Where the stock trades today

The Ferrari shares (NL0011585146) last closed on 2026-06-26 at about 368.34 US dollars on the NYSE, according to consolidated quote data in US trading hours.

This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer to buy or sell securities. Investors should conduct their own research or consult a professional advisor before making investment decisions.