S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Evacuations urged in Ohio town as train wreck smolders
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Evacuations urged in Ohio town as train wreck smolders
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Evacuations urged in Ohio town as train wreck smolders
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Evacuations urged in Ohio town as train wreck smolders
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
'Knock at the Cabin' knocks off 'Avatar' at the box office
Ally Financial expands NASCAR spend with 2 new partnerships
NYSE:RACE

Ferrari - RACE Stock Forecast, Price & News

$260.04
-5.44 (-2.05%)
(As of 02/3/2023 12:00 AM ET)
Add
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

See Top Rated MarketRank™ Stocks Here
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

February 5, 2023 | finance.yahoo.com
Ferrari Full Year 2022 Earnings: Revenues Beat Expectations, EPS In Line
February 5, 2023 | americanbankingnews.com
Ferrari (NYSE:RACE) PT Raised to $310.00 at Credit Suisse Group
February 5, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
February 4, 2023 | finance.yahoo.com
25 Fastest Cars In The World
February 4, 2023 | americanbankingnews.com
UBS Group Boosts Ferrari (NYSE:RACE) Price Target to $330.00
February 3, 2023 | finance.yahoo.com
Ferrari N.V. (NYSE:RACE) Q4 2022 Earnings Call Transcript
February 2, 2023 | seekingalpha.com
Ferrari Is A Solid Buy
February 2, 2023 | uk.finance.yahoo.com
Ferrari enjoys record year as ultra-rich snap up sportscars
February 5, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
February 2, 2023 | finance.yahoo.com
Ferrari Stock Accelerates on Positive Outlook as Earnings Impress
February 2, 2023 | finance.yahoo.com
Ferrari raises outlook after record-breaking 2022
February 2, 2023 | investing.com
Ferrari revs up for 'even stronger 2023'
February 1, 2023 | americanbankingnews.com
Ferrari (RACE) to Release Earnings on Thursday
February 1, 2023 | americanbankingnews.com
Ferrari (RACE) to Release Quarterly Earnings on Thursday
January 31, 2023 | msn.com
Vasseur downplays 'joke' reports over Ferrari F1 engine gains
January 30, 2023 | finance.yahoo.com
2023 Corporate Calendar
January 29, 2023 | americanbankingnews.com
Ferrari (NYSE:RACE) Sees Strong Trading Volume Following Analyst Upgrade
January 29, 2023 | americanbankingnews.com
Ferrari (NYSE:RACE) Sees Strong Trading Volume on Analyst Upgrade
January 28, 2023 | americanbankingnews.com
Ferrari (NYSE:RACE) Price Target Raised to $290.00 at Credit Suisse Group
January 26, 2023 | investing.com
Bernstein Reiterates Market Perform Rating on Ferrari NV
January 24, 2023 | uk.finance.yahoo.com
Electric Ferraris to roar like its petrol cars thanks to new tech
January 20, 2023 | finance.yahoo.com
What Shakira gets wrong about men and their cars
January 20, 2023 | finance.yahoo.com
Ferrari to Announce 2022 Full Year and Fourth Quarter Financial Results on February 2
January 18, 2023 | finance.yahoo.com
Ferrari Is Shifting Into High Gear. Buy Its Stock.
January 16, 2023 | finance.yahoo.com
FERRARI ENTERS INTO A PARTNERSHIP AGREEMENT WITH ASAHI EUROPE & INTERNATIONAL
January 14, 2023 | seekingalpha.com
Ferrari Stock Is Expensive Currently
January 12, 2023 | benzinga.com
Ferrari Flees Crypto Crash With Terminated Velas Sponsorship
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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Sector
Auto/Tires/Trucks
Current Symbol
NYSE:RACE
CUSIP
N/A
CIK
1648416
Web
www.ferrari.com
Phone
390536949111
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

EPS (Most Recent Fiscal Year)
$5.38
Trailing P/E Ratio
48.33
Forward P/E Ratio
41.81
P/E Growth
3.75
Net Income
$982.88 million
Net Margins
18.44%
Pretax Margin
23.63%
Return on Equity
39.77%
Return on Assets
12.54%

Debt

Debt-to-Equity Ratio
1.21
Current Ratio
4.47
Quick Ratio
3.74

Sales & Book Value

Annual Sales
$5.37 billion
Price / Sales
N/A
Cash Flow
$8.26 per share
Price / Cash Flow
31.50
Book Value
$14.16 per share
Price / Book
18.36

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













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 twelve months. 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 twelve-month target prices for Ferrari's stock. Their RACE share price forecasts range from $180.00 to $330.00. On average, they expect the company's stock price to reach $250.06 in the next year. 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 at the start of the year. 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) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.04. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion. Ferrari had a net margin of 18.44% and a trailing twelve-month return on equity of 39.77%. During the same period in the previous year, the company earned $1.08 EPS.

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

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

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

Ferrari issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of $6.12-$6.33 for the period, compared to the consensus earnings per share 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 a number of retail and institutional investors. Top institutional investors 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 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