A method for estimating a velocity of a target using a host vehicle equipped with a radar system includes determining a plurality of radar detection points, determining a compensated range rate, and determining an estimation of a first component of a velocity profile equation of the target and an estimation of a second component of the velocity profile equation of the target by using an iterative methodology comprising at least one iteration. The estimations and of the first and second components and of the velocity profile equation are not determined from a further iteration if at least one statistical measure representing the deviation of an estimated dispersion of the estimations and of the first and second components, and of a current iteration from a previous iteration and/or the deviation of an estimated dispersion of the residual from a predefined dispersion of the range rate meets a threshold condition.