Order Backlog Moat Sends $RACE Up 1.57%

$Ferrari NV(RACE)$

$Ferrari N.V. (RACE) Climbs +1.57% to $408.64: Luxury Icon Reclaims Momentum, $415 Resistance in Sight 🏎️💨

Latest Close Data Ferrari closed at $408.64 (+1.57%) on Sep 11, 2026, gaining $6.31. The stock now trades 19.0% below its 52-week high of $504.49, but has rebounded 30.8% from the 52-week low of $312.51. Pre-market showed $408.46, after-hours $408.64.

Core Market Drivers Goldman Sachs raised its Ferrari target from €381 to €407 in August, signaling continued institutional conviction. Luxury spending resilience and brand pricing power support RACE amid mixed auto sector sentiment. Ferrari's order backlog remains a structural moat.

Technical Analysis 📊 Volume of 0.3619M shares with Volume Ratio of 1.18 — mild accumulation. MACD remains bearish (DIF 5.49 below DEA 8.16, histogram −5.33), but RSI(6) jumped to 44.7 from 31.6, suggesting short-term recovery off oversold territory. KDJ shows K-line turning up at 19.85 with J-value rebounding to 17.9 — early reversal signal.

Key Price Levels

  • Primary Support: $356.67 (Sep 9 low)

  • Immediate Pivot: $408–$411 (current consolidation zone)

  • Strong Resistance: $415.23 — breakout targets $423–$430

Valuation Perspective P/E TTM stands at 38.77×, below the forward P/E average of 43.74× and well under the +1 Std.Dev of 51.37×. P/S of 9.19× and P/B of 18.47× reflect Ferrari's luxury premium. Dividend yield: 1.03%.

Analyst Targets 🎯 13 analysts covering: 4 Strong Buy, 9 Buy, 2 Hold — zero sell ratings. Mean target: $457.68 (range $400–$490), implying ~12% upside.

Weekly Outlook Expect range-bound action between $400–$423 with an upward bias. A decisive close above $415.23 opens path toward $430. Failure to hold $400 could retest $380. MACD remains weak — watch for golden cross confirmation.

⚠️ Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Markets involve risk; past performance does not guarantee future results.

🎯 $Ferrari N.V. (RACE) Options Strategy:Bull Call Spread

  • Underlying: RACE (Ferrari N.V.)

  • View: Cautiously Bullish / Short-term Oversold Rebound

  • Strategy Type: Debit Spread (Limited Risk, Defined Reward)

  • Option Contract Portfolio:

    • Buy 1 Call @ $410 Strike (Sep 18, 2026 Expiry): Pay ~$7.05 (Mid)

    • Sell 1 Call @ $420 Strike (Sep 18, 2026 Expiry): Collect ~$2.92 (Mid)

  • Max Gain & Loss:

    • Max Gain: $5.85 per share (Spread Width $10 − Net Debit $4.13) → $585 per contract

    • Max Loss: $4.13 per share (Net Debit) → $413 per contract (occurs if RACE ≤ $410 at expiry)

  • Initial Cost/Credit: Net Debit of ~$4.13 per share (~$413 per contract)


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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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