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Ferrari shares slump 6% after new electric vehicle is bashed online. Why Wall Street says buy the dip

Cnbc · · 433 words · By Liz Napolitano
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What to know about Ferrari shares slump 6% after new electric vehicle is bashed online. Why Wall Street says buy the dip

Shares in Ferrari NV sank as much as 6% on Nasdaq after the company unveiled its new electric vehicle to unimpressive online reviews.

Claims checked 6
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Shares in Ferrari NV sank as much as 6% on Nasdaq after the company unveiled its new electric vehicle to unimpressive online reviews.

Why it matters

But shares of the Italian luxury carmaker should once again gain ground if it can leverage its latest offering to reach new customers, according to a pair of analyst notes.

Common ground

On Monday, the luxury carmaker unveiled Luce, its first all-electric vehicle, in Rome.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/26/ferrari-sinks-after-new-ev-is-bashed-online-anal…

fact_checkClaims Checked

eFinder analyzed this article and checked 6 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

info Single Source 3
check_circle Corroborated 3
info
Claim 1: “11 of 13 analysts rate Ferrari a buy or strong buy, LSEG data shows.”
SINGLE SOURCE
The specific LSEG data stating 11 of 13 analysts rate Ferrari a buy or strong buy is found in one web search result. Another source (Capital.com) provides different consensus data (3 strong buy, 8 buy), which totals 11, but the specific '11 of 13' phrasing is only in one source.
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wikipedia NEUTRAL — A stablecoin is a type of cryptocurrency that aims to maintain a stable value relative to a specified asset, a pool or basket of assets. The specified asset might refer to fiat currency, commodity, or…
https://en.wikipedia.org/wiki/Stablecoin
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web search NEUTRAL — 6 days ago ... ... Ferrari shares, according to investment firm Bernstein. "In the ... 13 analysts rate Ferrari a buy or strong buy, LSEG data shows. The ...
https://www.cnbc.com/2026/05/26/ferrari-sinks-after-new-ev-i…
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web search NEUTRAL — May 7, 2026 ... The consensus rating stands at Moderate Buy, with three strong buy, eight buy, and five hold ratings. ... according to TradingView data.
https://capital.com/en-int/market-updates/ferrari-forecast-0…
+ 1 more evidence source
info
Claim 2: “Bernstein has an outperform rating on Ferrari with a 12-month price target of $402”
SINGLE SOURCE
The specific Bernstein rating of 'outperform' with a $402 target is mentioned in one web search result. Other results mention Bernstein generally or different targets, but only one source explicitly links the $402 target to the outperform rating.
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wikipedia NEUTRAL — The Cabinet of Seychelles consists of the President, Vice-president and the Ministers. It formulates the government's policies and advises the President.
https://en.wikipedia.org/wiki/Cabinet_of_Seychelles
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wikipedia NEUTRAL — Ferris Bueller's Day Off is a 1986 American teen comedy film written, co-produced, and directed by John Hughes. It stars Matthew Broderick, Mia Sara, and Alan Ruck, with supporting roles from Jennifer…
https://en.wikipedia.org/wiki/Ferris_Bueller's_Day_Off
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wikipedia NEUTRAL — "Oh Yeah" is a single released in 1985 by the band Yello and featured on their album Stella. The song features a mix of electronic music and manipulated vocals. "Oh Yeah" became a staple in pop cultur…
https://en.wikipedia.org/wiki/Oh_Yeah_(Yello_song)
+ 3 more evidence sources
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Claim 3: “The stock is down about 13% in the past three months.”
CORROBORATED
Two independent web search results explicitly state that Ferrari's stock 'plunged 13%' following the debut of its first electric supercar.
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wikipedia NEUTRAL — Ferrari S.p.A, currently competing as Scuderia Ferrari HP (; Italian: [skudeˈriːa ferˈraːri]), is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in F…
https://en.wikipedia.org/wiki/Scuderia_Ferrari
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wikipedia NEUTRAL — Ferrari S.p.A. (; Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, ad…
https://en.wikipedia.org/wiki/Ferrari
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wikipedia NEUTRAL — The LaFerrari (project name F150) is a limited production mid-engine, mild hybrid sports car built by Italian automotive manufacturer Ferrari. Its name means "The Ferrari" in Italian, as it is intende…
https://en.wikipedia.org/wiki/LaFerrari
+ 3 more evidence sources
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Claim 4: “Shares in Ferrari NV sank as much as 6% on Nasdaq after the company unveiled its new electric vehicle”
CORROBORATED
Multiple independent web sources confirm that Ferrari shares dropped approximately 6% (specifically 6.27% in one source) following the unveiling of its first electric vehicle.
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wikipedia NEUTRAL — Koninklijke Philips N.V. (lit. 'Royal Philips LLC'), simply branded Philips, is a Dutch multinational health technology and former consumer electronics company that was founded in Eindhoven in 1891. S…
https://en.wikipedia.org/wiki/Philips
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web search NEUTRAL — 6 days ago ... Ferrari shares slump 6% after new electric vehicle is bashed online. Why Wall Street says buy the dip · More In Analyst Calls.
https://www.cnbc.com/2026/05/26/ferrari-sinks-after-new-ev-i…
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web search NEUTRAL — 7 days ago ... This article first appeared on GuruFocus. Ferrari (RACE, Financials) entered a new chapter on with the unveiling of the Luce, the company's ...
https://finance.yahoo.com/markets/stocks/articles/ferrari-sh…
+ 1 more evidence source
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Claim 5: “Evercore ISI analyst Michael Binetti wrote Monday in a note to clients... The analyst rates Ferrari an outperform, with a $475 target on the stock”
CORROBORATED
Two different web search results confirm that Evercore ISI analyst Michael Binetti has an 'Outperform' (or Buy) rating on Ferrari with a price target of $475.
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web search NEUTRAL — Evercore ISI Group raised Ferrari N.V. RACE price target from $475 to $565. Evercore ISI Group analyst Michael Binetti maintained an Outperform rating. Ferrari shares closed at $480.18 on Monday. See …
https://www.tradingview.com/news/benzinga:92b76dff2094b:0-fe…
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web search NEUTRAL — In a report released yesterday, Michael Binetti from Evercore ISI maintained a Buy rating on Ferrari, with a price target of $475.00 . The company’s shares closed yesterday at €353.70. TipRanks Black …
https://www.theglobeandmail.com/investing/markets/stocks/RAC…
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web search NEUTRAL — Bernstein rates Ferrari stock "Outperform" (Outperform rating) with a $402 target price, which implies a 22% upside from its closing level on May 26. Evercore ISI analyst Michael Binetti has a similar…
https://en.oninvest.com/article/customers-will-come-analysts…
info
Claim 6: “On Monday, the luxury carmaker unveiled Luce, its first all-electric vehicle, in Rome.”
SINGLE SOURCE
While web search results confirm the unveiling of an EV (the 'Luce') and the stock drop, the specific detail that it happened 'on Monday' 'in Rome' is not explicitly corroborated across multiple independent sources in the provided evidence; only the general event of the unveiling is mentioned.
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web search NEUTRAL — Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a pub…
https://en.wikipedia.org/wiki/Ferrari
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web search NEUTRAL — Ferrari - All the official contents of the Maranello based carmaker: all the cars in the range and the great historic cars, the official Ferrari dealers, the online store and the sports activities of …
https://www.ferrari.com/
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web search NEUTRAL — Research before you buy or lease a new Ferrari supercar with expert ratings, in-depth reviews, and competitor comparisons of 2019-2028 models.
https://www.caranddriver.com/ferrari
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.