Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.
Price
Target price
€282.60

€282.60

0.640%
1.8
0.640%
€417.55
 
17:55 / Tradegate WKN: A2ACKK / Symbol: RACE / Name: Ferrari / Stock / Automobiles & Auto Parts / Large Cap /
Please give a prediction to see the opinions of the community
sharewise uses Wisdom of crowds to gather information regarding a security. Wisdom of crowds works best if you do not see the predictions of others before giving your estimate. Please click one button to see how the community sees this security.
Your prediction

Ferrari NV Stock

The Ferrari NV stock is trending slightly upwards today, with an increase of €1.80 (0.640%) compared to yesterday's price.
With 23 Buy predictions and 1 Sell predictions Ferrari NV is one of the favorites of our community.
With a target price of 417 € there is a positive potential of 47.56% for Ferrari NV compared to the current price of 282.6 €.
So far the community has only identified positive things for Ferrari NV stock. The most positive votes were given for criterium "Worthwhile Investment for the next years".

Pros and Cons of Ferrari NV in the next few years

Pros
?
C******** o* t** e**********
?
G***** c******* t* c**********
?
S********** s********
Cons
?
W********* I********* f** t** n*** y****
?
M***** P*******
?
B****
Tell us your opinion to access the 'Wisdom of the Crowds'

Performance of Ferrari NV vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Ferrari NV 0.640% 0.880% -6.416% -36.036% -12.305% 2.819% 73.173%
Exor NV -0.450% -0.150% -3.558% -24.972% -8.791% -14.345% -0.984%
Porsche Automobil Holding SE -0.780% 4.351% -0.279% -14.293% -19.246% -38.804% -61.342%
Volkswagen AG ST ADR 0.000% 3.571% -2.793% -16.346% -15.534% -40.411% -65.748%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-18

Upon initial examination, the financials of Ferrari with US symbol RACE from the Automobiles & Auto Parts industry indicate a promising outlook. The company's financial statements show consistent growth in assets and revenues, as well as stable cash flow management. However, a deeper analysis will reveal the pros and cons of the company's performance and areas where improvements might be necessary.

Growth in total assets and revenues: Over the past three years, Ferrari's total assets have grown consistently, from €6.26 billion in 2020 to €7.76 billion in 2022. This indicates that the company is investing in its growth, expanding production capabilities, and exploring new opportunities. Additionally, the revenues have shown a steady rise, highlighting the firm's ability to generate sales amidst market fluctuations.

Strong operating income: Ferrari's operating income has remained robust, demonstrating effective cost management and high operational efficiency. A higher operating income is vital for ensuring the company's long-term sustainability, as it allows for more significant reinvestment in the business.

Comments

Prediction Buy
Perf. (%) -2.29%
Target price 417.554
Change
Ends at 01.04.27

Ferrari (RACE) had its price target lowered by UBS Group AG from $555.00 to $483.00. They now have a "buy" rating on the stock.
Ratings data for RACE provided by MarketBeat
Show more

Ferrari (RACE) was upgraded by Jefferies Financial Group Inc. from "hold" to "buy".
Ratings data for RACE provided by MarketBeat
Show more

Prediction Buy
Perf. (%) -6.70%
Target price 382.140
Change
Ends at 03.03.27

Ferrari (RACE) had its price target raised by JPMorgan Chase & Co. from $407.00 to $447.00. They now have an "overweight" rating on the stock.
Ratings data for RACE provided by MarketBeat
Show more

News

Ferrari Beat Estimates. So Why Is the Stock Down?: https://g.foolcdn.com/editorial/images/869147/ferrari-f80.jpeg
Ferrari Beat Estimates. So Why Is the Stock Down?

Despite the Iran conflict threatening to slow Ferrari (NYSE: RACE) in the first quarter, the iconic supercar maker still beat earnings estimates. Ferrari also confirmed its full-year guidance

Ferrari: Still the Widest Moat in Auto?: https://g.foolcdn.com/editorial/images/867245/ferrari-logo-on-red-filter-with-ferrari-car-in-background_the-motley-fool.png
Ferrari: Still the Widest Moat in Auto?

Ferrari (NYSE: RACE) has put together a winning return, with shares soaring 719% in the past decade (as of April 24).

However, investors might be discouraged by the company's share price slipping in

Ferrari Stalled on Its EV Goals, but It Still Delivers 38.8% Margins: https://g.foolcdn.com/editorial/images/865663/gettyimages-1502960058.jpg
Ferrari Stalled on Its EV Goals, but It Still Delivers 38.8% Margins

The market has repriced Ferrari (NYSE: RACE) for slower growth, but the company's order book is still filling up through next year. That level of demand suggests the pullback was more about the