S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NYSE:RACE

Ferrari - RACE Stock Forecast, Price & News

$215.81
+0.54 (+0.25%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$214.01
$215.83
50-Day Range
$168.75
$216.00
52-Week Range
$167.45
$278.78
Volume
176,776 shs
Average Volume
343,816 shs
Market Capitalization
$39.87 billion
P/E Ratio
38.95
Dividend Yield
N/A
Price Target
$237.00

Ferrari MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
9.8% Upside
$237.00 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.02mentions of Ferrari in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.35%
From $4.90 to $5.75 Per Share

Overall MarketRank

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

2.02 out of 5 stars

Auto/Tires/Trucks Sector

50th out of 110 stocks

Motor Vehicles & Car Bodies Industry

18th out of 34 stocks

RACE stock logo

About Ferrari (NYSE:RACE) Stock

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

Analysts Set New Price Targets

A number of brokerages recently issued reports on RACE. Credit Suisse Group reaffirmed a "buy" rating and set a $285.00 target price on shares of Ferrari in a research report on Friday, June 10th. Citigroup dropped their target price on shares of Ferrari from €160.00 ($163.27) to €140.00 ($142.86) in a research report on Tuesday, May 31st. UBS Group boosted their target price on shares of Ferrari from $255.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, August 3rd. Jefferies Financial Group raised shares of Ferrari from an "underperform" rating to a "hold" rating and set a $180.00 target price on the stock in a research report on Monday, July 4th. Finally, Cheuvreux raised shares of Ferrari from a "reduce" rating to a "hold" rating in a report on Wednesday, June 8th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, Ferrari has a consensus rating of "Moderate Buy" and an average target price of $237.00.

Ferrari Price Performance

RACE opened at $215.81 on Friday. The company has a fifty day moving average price of $193.80 and a two-hundred day moving average price of $204.75. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.42 and a current ratio of 4.14. Ferrari has a 52 week low of $167.45 and a 52 week high of $278.78. The firm has a market capitalization of $39.87 billion, a PE ratio of 38.95, a P/E/G ratio of 3.89 and a beta of 0.95.

Receive RACE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter.

RACE Stock News Headlines

Ferrari (NYSE:RACE) Price Target Raised to $270.00 at UBS Group
Ferrari (RACE) Tops Q2 Earnings and Revenue Estimates
Should You Buy Ferrari (RACE) Ahead of Earnings?
See More Headlines
Receive RACE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter.

RACE Company Calendar

Last Earnings
11/02/2021
Today
8/13/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

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
$237.00
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$140.00
Forecasted Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$982.88 million
Pretax Margin
24.09%

Debt

Sales & Book Value

Annual Sales
$5.05 billion
Cash Flow
$8.27 per share
Book Value
$13.04 per share

Miscellaneous

Free Float
N/A
Market Cap
$39.87 billion
Optionable
Optionable
Beta
0.95

Social Links


Key Executives

  • Mr. John Jacob Philip Elkann (Age 46)
    Exec. Chairman
    Comp: $344.57k
  • Mr. Benedetto Vigna (Age 53)
    CEO & Exec. Director
    Comp: $5.83M
  • Mr. Antonio Picca Piccon (Age 58)
    Chief Financial Officer
  • Mr. Davide Abate (Age 38)
    Chief Technologies and Infrastructures Officer
  • Ms. Nicoletta Russo
    Head of Investor Relations
  • Mr. Carlo Daneo (Age 54)
    Gen. Counsel
  • Ms. Sabina Fasciolo (Age 54)
    Chief Compliance Officer
  • Mr. Charlie Turner (Age 48)
    Chief Content & Communication Officer
  • Mr. Enrico Galliera (Age 56)
    Chief Marketing & Commercial Officer
  • Mr. Michele Antoniazzi (Age 53)
    Chief HR Officer













RACE Stock - Frequently Asked Questions

Should I buy or sell Ferrari stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last twelve months. There are currently 6 hold ratings and 10 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 2022?

16 Wall Street analysts have issued 1 year price targets for Ferrari's stock. Their RACE share price forecasts range from $140.00 to $300.00. On average, they expect the company's stock price to reach $237.00 in the next twelve months. This suggests a possible upside of 9.8% 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 at the beginning of 2022. Since then, RACE shares have decreased by 16.6% and is now trading at $215.81.
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 Tuesday, November 1st 2022.
View our RACE earnings forecast
.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) issued its quarterly earnings data on Tuesday, November, 2nd. The company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $1.07 by $0.04. The firm earned $1.24 billion during the quarter, compared to analysts' expectations of $1.26 billion. Ferrari had a net margin of 19.35% and a trailing twelve-month return on equity of 40.61%. During the same period last year, the firm earned $1.08 earnings per share.

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

Ferrari announced 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 yield of 0.66%. The ex-dividend date 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 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $5.12-$5.22 for the period. The company issued revenue guidance of $5.22 billion-$5.22 billion, compared to the consensus revenue estimate of $4.80 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. (5.36%), FMR LLC (1.47%), WCM Investment Management LLC (1.12%), AustralianSuper Pty Ltd (0.56%), AKO Capital LLP (0.52%) and Pictet Asset Management SA (0.38%).

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 $215.81.

How much money does Ferrari make?

Ferrari (NYSE:RACE) has a market capitalization of $39.87 billion and generates $5.05 billion in revenue each year. The company earns $982.88 million in net income (profit) each year or $5.54 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

When was Ferrari founded?

Ferrari was founded in 1947.

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 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.