UBS cuts target for Ferrari stock to USD 450

Published on 10/14/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari reports third-quarter results on November 3, 2026. Ferrari stock costs EUR 349.25 on October 14, 2026 at 3:04 p.m. CEST.

Analyst target and reporting date

UBS lowered its Ferrari target from USD 490 to USD 450 on October 5, 2026.
Ferrari is scheduled to report third-quarter results on November 3, 2026.
Ferrari stock costs EUR 349.25 at Lang & Schwarz on October 14, 2026 at 3:04 p.m. CEST.
Ferrari's price to earnings ratio was 37.84 on October 13, 2026.

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UBS lowered its Ferrari target from USD 490 to USD 450 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. The revision puts valuation at the center of the latest analyst discussion, while Ferrari stock was trading at EUR 349.25 at Lang & Schwarz on October 14, 2026 at 3:04 p.m. CEST.

UBS target falls by USD 40

The UBS target reduction equals USD 40, or 8.16 percent versus the previous USD 490 target. The same report said UBS retained its Buy rating and linked the change to valuation concerns rather than a deterioration in Ferrari's earnings outlook.

UBS also cited dealer checks showing stronger customer inquiries and resilient resale values, while noting that Ferrari's premium valuation versus luxury peers remains a central risk. Those points create a mixed signal: demand indicators support the brand, but the target change lowers the valuation reference used by the bank.

Results are scheduled for November 3

Ferrari is estimated to report third-quarter 2026 results on November 3, 2026, before the US market opens, according to MarketBeat. The listed consensus calls for USD 2.66 in earnings per share and USD 2.15 billion in revenue for that period.

MarketBeat also records Ferrari's second-quarter 2026 result at USD 2.99 in earnings per share and USD 2.21 billion in revenue, with the company beating the consensus earnings estimate in seven of the previous eight quarters. The estimates give the November event a clear numerical reference, although they remain forecasts rather than reported results.

Price and valuation in view

Finance figures put Ferrari's market capitalization at USD 68.9 billion and its price to earnings ratio at 37.84 as of October 13, 2026. The 52-week range was USD 312.51 to USD 437.15, placing the latest US quote inside that band and showing that the valuation debate is taking place well above the yearly low.

Ferrari's US listing is on the New York Stock Exchange under ticker RACE, while the company designs and sells high-performance luxury vehicles through a global dealer network, according to MarketBeat. For investors, the next disclosed earnings figures will test whether demand strength can support Ferrari's premium valuation.