Ferrari Group Shares Soar 4.29% at Midday After Solid Q3 Results
Ferrari Group (FERGR) shares have marked a significant increase of 4.29% at midday this Thursday, November 27, reaching 8.76 euros from 8.40 euros the previous day. This rise occurs in a favorable market context. The trading volume remains modest with 0.05% of the capital traded, indicating still limited liquidity for this company recently introduced on the Euronext Amsterdam stock exchange.
The stock is in a positive weekly trend with a gain of 8.69% over seven days, showing a renewed interest from investors after several weeks of consolidation. Over three months, the stock has shown a modest increase of 2.1%, while the annual performance remains limited to +1.86%, well below the 12.65% of the CAC 40 over the same period. This gap is partly explained by the recent introduction of the group to the stock market on February 13, 2025, and by a luxury sector facing headwinds for several quarters.
Technically, the stock is trading above its 50-day moving average (MM50) established at 8.34 euros, and has reached its 200-day moving average (MM200) at 8.70 euros, a level that had previously acted as resistance. Breaking through this threshold could pave the way for further gains. The RSI indicator is at 61, in a neutral to slightly positive zone, signaling a regain in momentum without indicating overheating. The MACD shows favorable signals with a MACD line at 0.01 surpassing the signal line at -0.03, confirming a short-term bullish dynamic.
Ferrari Group, founded in 1959 and based in London, manages over 170 billion euros in luxury goods annually. The group generated 333 million euros in revenue in 2023, with an adjusted EBITDA of 90 million euros. Its asset-light model and strong operational profitability give it a privileged position in a high-value-added niche sector. Analysts remain optimistic with an average price target of 11.63 euros, representing a potential upside of 41.87%, with three analysts recommending a buy and no sell recommendations.
Despite this technical rebound, the stock still faces structural challenges related to the slowdown in luxury in Asia and unfavorable exchange rate effects. However, the confirmation of the annual guidance reassures investors about the group's ability to maintain regular growth. The full results are expected to be published on December 3, 2025, a date that should provide further details on profitability and outlook for 2026.
