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QQQ   293.36 (+4.56%)
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MSFT   255.14 (+6.16%)
META   118.10 (+7.89%)
GOOGL   100.99 (+6.09%)
AMZN   96.54 (+4.46%)
TSLA   194.70 (+7.67%)
NVDA   169.23 (+8.24%)
NIO   12.78 (+21.71%)
BABA   87.56 (+9.64%)
AMD   77.63 (+5.78%)
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MU   57.65 (+4.59%)
CGC   3.62 (+5.85%)
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GE   85.97 (+0.36%)
DIS   97.87 (+3.36%)
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QQQ   293.36 (+4.56%)
AAPL   148.03 (+4.86%)
MSFT   255.14 (+6.16%)
META   118.10 (+7.89%)
GOOGL   100.99 (+6.09%)
AMZN   96.54 (+4.46%)
TSLA   194.70 (+7.67%)
NVDA   169.23 (+8.24%)
NIO   12.78 (+21.71%)
BABA   87.56 (+9.64%)
AMD   77.63 (+5.78%)
T   19.28 (+1.42%)
MU   57.65 (+4.59%)
CGC   3.62 (+5.85%)
F   13.90 (+1.09%)
GE   85.97 (+0.36%)
DIS   97.87 (+3.36%)
AMC   7.23 (-2.69%)
PYPL   78.41 (+0.99%)
PFE   50.13 (+1.29%)
NFLX   305.53 (+8.75%)
NYSE:RACE

Ferrari - RACE Stock Forecast, Price & News

$223.05
+7.83 (+3.64%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$218.08
$223.05
50-Day Range
$180.63
$218.14
52-Week Range
$167.45
$271.95
Volume
282,568 shs
Average Volume
403,406 shs
Market Capitalization
$41.21 billion
P/E Ratio
40.78
Dividend Yield
N/A
Price Target
$228.89

Ferrari MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
2.6% Upside
$228.89 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Ferrari in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.20%
From $5.13 to $5.91 Per Share

Overall MarketRank

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

1.68 out of 5 stars

Auto/Tires/Trucks Sector

89th out of 103 stocks

Motor Vehicles & Car Bodies Industry

28th out of 32 stocks

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

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Ferrari Announcement
This Under-the-Radar Stock Could Easily Be Recession-Proof
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If you’re new to trading, then you’ve probably heard the wrong thing about options—that they’re risky, unpredictable, or difficult. And it couldn’t be more wrong! With the Hughes Optioneering Strategy, you’ll soon learn that the safest option for new accounts is options themselves! pixel
Ferrari (NYSE:RACE) Releases FY 2022 Earnings Guidance
Ferrari Is A Top Pick
Ferrari N.V. (RACE) Q3 2022 Earnings Call Transcript
Defying gloom, Ferrari sees strong demand for luxury cars
Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
See More Headlines
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RACE Company Calendar

Last Earnings
11/02/2022
Today
11/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

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
$228.89
High Stock Price Forecast
$285.00
Low Stock Price Forecast
$140.00
Forecasted Upside/Downside
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$982.88 million
Pretax Margin
23.63%

Debt

Sales & Book Value

Annual Sales
$5.05 billion
Cash Flow
$8.53 per share
Book Value
$13.14 per share

Miscellaneous

Free Float
N/A
Market Cap
$41.21 billion
Optionable
Optionable
Beta
0.94

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?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?

11 Wall Street analysts have issued 12 month price targets for Ferrari's stock. Their RACE share price forecasts range from $140.00 to $285.00. On average, they predict the company's stock price to reach $228.89 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
View analysts price targets for RACE
or view top-rated stocks among Wall Street analysts.

How have RACE shares performed in 2022?

Ferrari's stock was trading at $258.82 on January 1st, 2022. Since then, RACE stock has decreased by 15.1% and is now trading at $219.80.
View the best growth stocks for 2022 here
.

When is Ferrari's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our RACE earnings forecast
.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) posted its earnings results on Wednesday, November, 2nd. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.10. The company earned $1.26 billion during the quarter, compared to analyst estimates of $1.15 billion. Ferrari had a trailing twelve-month return on equity of 40.02% and a net margin of 19.00%.

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 updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of $5.04-$5.04 for the period, compared to the consensus earnings per share estimate of $4.85. The company issued revenue guidance of $5.04 billion-$5.04 billion, compared to the consensus revenue estimate of $4.91 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 investors include Baillie Gifford & Co. (4.97%), Price T Rowe Associates Inc. MD (4.38%), Vanguard Group Inc. (2.32%), WCM Investment Management LLC (1.07%), BlackRock Inc. (0.79%) and AXA S.A. (0.61%).

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 $219.80.

How much money does Ferrari make?

Ferrari (NYSE:RACE) has a market capitalization of $40.61 billion and generates $5.05 billion in revenue each year. The company earns $982.88 million in net income (profit) each year or $5.47 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 11/30/2022 by MarketBeat.com Staff