RACE:NYSEFerrari N.V. Analysis

Ferrari (RACE) trades around $331, just above its 20‑day SMA ($358) but well below the 200‑day SMA ($422), signaling a long‑term downtrend despite a neutral short‑term direction. The RSI of 34 suggests the stock is approaching oversold territory, while a bearish MACD histogram reinforces momentum weakness. Volatility is elevated at 40% over the past 30 days, yet the beta of 0.65 points to lower systematic risk relative to the market. Fundamentally, the company boasts a 51.7% gross margin, a 28.6% operating margin, and a solid ROE of 42.9%, supported by a healthy cash position and a modest payout ratio of 33%.
However, the DCF fair value of roughly $68 is dramatically lower than the current price, implying the stock is significantly overvalued. Strong order books and a strategic buy‑back program provide upside catalysts, but the valuation gap and high short‑term volatility suggest caution.