Ferrari unveiled the Luce, its first fully electric car, and the market sold the stock off hard. 📉 That reaction is not new.
Every time Ferrari has launched a controversial model or navigated a transitional period, the stock has pulled back and institutional buyers have stepped in. 🔄
The weekly chart has now printed two clean demand zones. The dip is here. 📊
The fundamentals have not changed. 💪 Q1 2026 revenue came in at EUR 1.848 billion, up 3% year over year and up 6% at constant currency. 💰 EBITDA hit EUR 722 million with an EBITDA margin of 39.1%, up 4% year over year. 🤯
Operating profit margin reached 29.7%. Industrial free cash flow was EUR 653 million, up 5% year over year. Diluted EPS came in at EUR 2.33. ✅
CEO Benedetto Vigna confirmed 2026 guidance and stated the order book now extends towards the end of 2027. 📅 That is two full years of guaranteed revenue locked in. 🔒
The Luce is already receiving orders despite the criticism. 🚗 Ferrari CEO Vigna confirmed on 29 May 2026 that the Ferrari Luce is already getting orders, with the sense of anticipation described as the highest the company has ever seen ahead of a world premiere. 🔥
This is not a product failure. This is a market overreaction to change. ⚡
The buyback machine is running hard in the background. ♻️ Ferrari is executing a multi year share repurchase programme of approximately EUR 3.5 billion through 2030. The second tranche of EUR 250 million was launched in April 2026. 💵
27 analysts cover the stock with a median price target of $460.98 and a high target of $553.84. 11 Buy ratings and zero Sell ratings. 🐂 The 52 week range sits between $312.51 and $519.10. Next earnings are due 30 July 2026. 📅
The weekly chart has pulled back sharply from the 52 week high into two clean demand zones. ✅ Two entries. Two defined risk levels. One thesis. Ferrari dips get bought. 📊
🟢 Zone 1 (Upper Entry) ~ $276.52 area (0.236 Fibonacci Weekly)
💰 Entry: $276.52
🛑 Stop: $243.80 (11.833% below entry)
🎯 Target: $607.98 (119.9% upside from entry)
📈 Risk/Reward Ratio: 10.13
🟢 Zone 2 (Lower Entry) ~ $228.17 area (0.11 Fibonacci Weekly)
💰 Entry: $228.17
🛑 Stop: $195.45 (14.340% below entry)
🎯 Target: $607.94 (166.4% upside from entry)
📈 Risk/Reward Ratio: 11.61
📅 Next Earnings: 30 July 2026
♻️ Buyback Programme: EUR 3.5 billion through 2030
🔒 Order Book: Extends to end of 2027
🌍 52 Week Range: $312.51 to $519.10
The Luce sparked the selloff. 🚗 The order book is full through 2027. 🔒 Ferrari dips always get bought. Let price come to the zone and let the trade do the work. 🚀
⚠️ Not financial advice. Manage your risk.
Every time Ferrari has launched a controversial model or navigated a transitional period, the stock has pulled back and institutional buyers have stepped in. 🔄
The weekly chart has now printed two clean demand zones. The dip is here. 📊
The fundamentals have not changed. 💪 Q1 2026 revenue came in at EUR 1.848 billion, up 3% year over year and up 6% at constant currency. 💰 EBITDA hit EUR 722 million with an EBITDA margin of 39.1%, up 4% year over year. 🤯
Operating profit margin reached 29.7%. Industrial free cash flow was EUR 653 million, up 5% year over year. Diluted EPS came in at EUR 2.33. ✅
CEO Benedetto Vigna confirmed 2026 guidance and stated the order book now extends towards the end of 2027. 📅 That is two full years of guaranteed revenue locked in. 🔒
The Luce is already receiving orders despite the criticism. 🚗 Ferrari CEO Vigna confirmed on 29 May 2026 that the Ferrari Luce is already getting orders, with the sense of anticipation described as the highest the company has ever seen ahead of a world premiere. 🔥
This is not a product failure. This is a market overreaction to change. ⚡
The buyback machine is running hard in the background. ♻️ Ferrari is executing a multi year share repurchase programme of approximately EUR 3.5 billion through 2030. The second tranche of EUR 250 million was launched in April 2026. 💵
27 analysts cover the stock with a median price target of $460.98 and a high target of $553.84. 11 Buy ratings and zero Sell ratings. 🐂 The 52 week range sits between $312.51 and $519.10. Next earnings are due 30 July 2026. 📅
The weekly chart has pulled back sharply from the 52 week high into two clean demand zones. ✅ Two entries. Two defined risk levels. One thesis. Ferrari dips get bought. 📊
🟢 Zone 1 (Upper Entry) ~ $276.52 area (0.236 Fibonacci Weekly)
💰 Entry: $276.52
🛑 Stop: $243.80 (11.833% below entry)
🎯 Target: $607.98 (119.9% upside from entry)
📈 Risk/Reward Ratio: 10.13
🟢 Zone 2 (Lower Entry) ~ $228.17 area (0.11 Fibonacci Weekly)
💰 Entry: $228.17
🛑 Stop: $195.45 (14.340% below entry)
🎯 Target: $607.94 (166.4% upside from entry)
📈 Risk/Reward Ratio: 11.61
📅 Next Earnings: 30 July 2026
♻️ Buyback Programme: EUR 3.5 billion through 2030
🔒 Order Book: Extends to end of 2027
🌍 52 Week Range: $312.51 to $519.10
The Luce sparked the selloff. 🚗 The order book is full through 2027. 🔒 Ferrari dips always get bought. Let price come to the zone and let the trade do the work. 🚀
⚠️ Not financial advice. Manage your risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.