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Price
Target price
€409.80

€409.80

-0.870%
-3.6
-0.870%
€480.32
 
13:51 / Tradegate WKN: A2ACKK / Symbol: RACE / Name: Ferrari / Stock / Automobiles & Auto Parts / Large Cap /
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Ferrari NV Stock

The price for the Ferrari NV stock decreased slightly today. Compared to yesterday there is a change of -€3.600 (-0.870%).
With 15 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 480 € there is a slightly positive potential of 17.13% for Ferrari NV compared to the current price of 409.8 €.
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

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Performance of Ferrari NV vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Ferrari NV -0.870% 0.437% 1.274% -2.223% 0.267% 118.730% 163.396%
Exor NV -0.590% 0.000% -2.040% -12.856% -5.082% 30.919% 80.017%
Volkswagen AG VZO 1.870% -1.395% -7.604% -3.183% 3.051% -26.711% -33.704%
General Motors Corp 0.350% 4.677% 3.612% 28.898% 0.601% 58.293% 105.746%

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

Ferrari (NYSE:RACE) is now covered by analysts at Berenberg Bank. They set a "buy" rating on the stock.
Ratings data for RACE provided by MarketBeat
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Prediction Buy
Perf. (%) -2.42%
Target price 490.029
Change
Ends at 03.09.26

Ferrari (NYSE:RACE) had its price target raised by analysts at UBS Group AG from $540.00 to $570.00. They now have a "buy" rating on the stock.
Ratings data for RACE provided by MarketBeat
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Ferrari (NYSE:RACE) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating.
Ratings data for RACE provided by MarketBeat
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News

Is This the One Stock Every Investor Needs in Their Portfolio?: https://g.foolcdn.com/editorial/images/834637/ferrari-f80.jpeg
Is This the One Stock Every Investor Needs in Their Portfolio?

When it comes to making high-quality vehicles, there may be no entity that does it better than Ferrari (NYSE: RACE). The company has one of the most recognizable ultraluxury brands out there

2 Eye-Popping Graphs Showing Why Ferrari Is a Major Long-term Buy: https://g.foolcdn.com/editorial/images/835094/ferrari-f80-2.jpeg
2 Eye-Popping Graphs Showing Why Ferrari Is a Major Long-term Buy

Ferrari (NYSE: RACE) not only produces some of the most recognizable race cars and main street vehicles, but its history with Formula One driving performance is impeccable. Perhaps even more wild is

How This Top Luxury Stock Makes a Comeback in a Critical Market
How This Top Luxury Stock Makes a Comeback in a Critical Market

When it comes to Ferrari (NYSE: RACE) the business, or the racing heritage, there isn't much weakness to find in its operations. The company generates ridiculous margins for the auto industry, like