On July 27, Ferrari NV rose 3.44% in regular trading, trading at 373.22 USD/share, with turnover of $8.15 million.

On the news front, Ferrari NV is scheduled to report its latest quarterly earnings on July 30 before market open, with consensus estimates projecting revenue of EUR 1.884 billion, up 2.53% year-over-year, and adjusted EPS of EUR 2.50, up 5.68% year-over-year. UBS maintained a buy rating and raised its price target to $497 from $483, noting that Q2 results should deliver further sequential acceleration and that the company is expected to upgrade full-year guidance, signaling a stronger-than-expected second-half performance. Additionally, the company disclosed an update on its EUR 3.5 billion long-term share buyback program on the same day.

The rebound follows a 3.1% pullback on July 23 driven by sector-wide selling pressure. Multiple institutions have recently turned bullish, with Morgan Stanley upgrading to Overweight with a $438 target, Bank of America raising its target to EUR 400, and Wolfe initiating coverage with an Outperform rating at EUR 382.

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