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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
NYSE:RACE

Ferrari - RACE Stock Forecast, Price & News

$260.04
-5.44 (-2.05%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$259.70
$264.00
50-Day Range
$210.25
$265.48
52-Week Range
$167.45
$270.35
Volume
776,288 shs
Average Volume
450,647 shs
Market Capitalization
N/A
P/E Ratio
48.33
Dividend Yield
N/A
Price Target
$250.06

Ferrari MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
3.8% Downside
$250.06 Price Target
Short Interest
Bearish
1.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Ferrari in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.65%
From $6.22 to $6.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.49 out of 5 stars

RACE stock logo

About Ferrari (NYSE:RACE) Stock

Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.

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RACE Stock News Headlines

Ferrari (NYSE:RACE) PT Raised to $310.00 at Credit Suisse Group
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
25 Fastest Cars In The World
UBS Group Boosts Ferrari (NYSE:RACE) Price Target to $330.00
Ferrari N.V. (NYSE:RACE) Q4 2022 Earnings Call Transcript
Ferrari Is A Solid Buy
Ferrari enjoys record year as ultra-rich snap up sportscars
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Ferrari raises outlook after record-breaking 2022
Ferrari revs up for 'even stronger 2023'
Ferrari (RACE) to Release Earnings on Thursday
Ferrari (RACE) to Release Quarterly Earnings on Thursday
2023 Corporate Calendar
Ferrari (NYSE:RACE) Sees Strong Trading Volume on Analyst Upgrade
What Shakira gets wrong about men and their cars
Ferrari Is Shifting Into High Gear. Buy Its Stock.
Ferrari Stock Is Expensive Currently
See More Headlines
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RACE Company Calendar

Last Earnings
11/02/2021
Today
2/05/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Fax
N/A
Employees
4,609
Year Founded
1947

Price Target and Rating

Average Stock Price Forecast
$250.06
High Stock Price Forecast
$330.00
Low Stock Price Forecast
$180.00
Forecasted Upside/Downside
-3.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$982.88 million
Pretax Margin
23.63%

Debt

Sales & Book Value

Annual Sales
$5.37 billion
Cash Flow
$8.26 per share
Book Value
$14.16 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.98

Social Links


Key Executives

  • Benedetto Vigna
    Chief Executive Officer & Executive Director
  • Antonio Picca Piccon
    Chief Financial Officer
  • Ernesto Lasalandra
    Chief Research & Development Officer
  • Davide Abate
    Chief Technology & Infrastructures Officer
  • Sabina Fasciolo
    Chief Compliance Officer













RACE Stock - Frequently Asked Questions

Should I buy or sell Ferrari stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RACE shares.
View RACE analyst ratings
or view top-rated stocks.

What is Ferrari's stock price forecast for 2023?

12 Wall Street analysts have issued 12-month price targets for Ferrari's stock. Their RACE share price forecasts range from $180.00 to $330.00. On average, they expect the company's share price to reach $250.06 in the next twelve months. This suggests that the stock has a possible downside of 3.8%.
View analysts price targets for RACE
or view top-rated stocks among Wall Street analysts.

How have RACE shares performed in 2023?

Ferrari's stock was trading at $214.22 on January 1st, 2023. Since then, RACE stock has increased by 21.4% and is now trading at $260.04.
View the best growth stocks for 2023 here
.

When is Ferrari's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our RACE earnings forecast
.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) posted its quarterly earnings results on Tuesday, November, 2nd. The company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.07 by $0.04. The business earned $1.24 billion during the quarter, compared to the consensus estimate of $1.26 billion. Ferrari had a trailing twelve-month return on equity of 39.77% and a net margin of 18.44%. During the same period in the prior year, the business earned $1.08 earnings per share.

How often does Ferrari pay dividends? What is the dividend yield for Ferrari?

Ferrari declared an annual dividend on Thursday, April 14th. Shareholders of record on Wednesday, April 20th will be given a dividend of $1.362 per share on Friday, May 6th. This represents a yield of 0.66%. The ex-dividend date of this dividend is Tuesday, April 19th.
Read our dividend analysis for RACE
.

Is Ferrari a good dividend stock?

Ferrari (NYSE:RACE) pays an annual dividend of $0.51 per share and currently has a dividend yield of 0.00%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RACE will have a dividend payout ratio of 7.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RACE.

What guidance has Ferrari issued on next quarter's earnings?

Ferrari updated its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of $6.12-$6.33 for the period, compared to the consensus estimate of $6.43. The company issued revenue guidance of $5.82 billion-$5.82 billion, compared to the consensus revenue estimate of $6.02 billion.

What other stocks do shareholders of Ferrari own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Salesforce (CRM) and Walt Disney (DIS).

What is Ferrari's stock symbol?

Ferrari trades on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."

Who are Ferrari's major shareholders?

Ferrari's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (4.14%), Bank of Italy (0.00%), AKO Capital LLP (0.52%), AustralianSuper Pty Ltd (0.00%), Allspring Global Investments Holdings LLC (0.15%) and Bank of Montreal Can (0.00%).

How do I buy shares of Ferrari?

Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ferrari's stock price today?

One share of RACE stock can currently be purchased for approximately $260.04.

How much money does Ferrari make?

Ferrari (NYSE:RACE) has a market capitalization of $48.04 billion and generates $4.90 billion in revenue each year. The company earns $982.88 million in net income (profit) each year or $5.38 on an earnings per share basis.

How many employees does Ferrari have?

The company employs 4,609 workers across the globe.

Does Ferrari have any subsidiaries?
The following companies are subsidiares of Ferrari: Ferrari (HK) Limited, Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, Ferrari Management Consulting (Shanghai) Co. L.t.d., Ferrari North America Inc., Ferrari S.p.A., Ferrari South West Europe S.a.r.l., G.S.A. S.A., and Mugello Circuit S.p.A..
Read More
How can I contact Ferrari?

Ferrari's mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The official website for the company is www.ferrari.com. The company can be reached via phone at 390536949111.

This page (NYSE:RACE) was last updated on 2/5/2023 by MarketBeat.com Staff