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Price
Target price
€393.20

€393.20

-1.450%
-5.8
-1.450%
€478.81
 
21:39 / Tradegate WKN: A2ACKK / Symbol: RACE / Name: Ferrari / Stock / Automobiles & Auto Parts / Large Cap /
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Ferrari NV Stock

We can see a decrease in the price for Ferrari NV. Compared to yesterday it has lost -€5.800 (-1.450%).
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 478 € there is a positive potential of 21.57% for Ferrari NV compared to the current price of 393.2 €.
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 -1.450% 3.583% -4.637% -2.920% -3.226% 89.639% 143.070%
Exor NV 0.520% 3.318% -1.302% -8.065% -1.525% 33.089% 69.914%
Volkswagen AG VZO -0.100% 5.890% 6.967% 6.483% 10.927% -33.539% -28.400%
General Motors Corp 0.060% 6.602% 6.007% 22.370% -6.142% 25.900% 105.734%

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 N.V. (NYSE: RACE) had its "sell" rating re-affirmed by analysts at Citigroup Inc..
Ratings data for RACE provided by MarketBeat
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Prediction Buy
Perf. (%) -5.81%
Target price 493.640
Change
Ends at 07.05.26

Ferrari (NYSE: RACE) had its price target raised by analysts at UBS Group AG from $520.00 to $560.00. 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 StockNews.com from a "hold" rating to a "buy" rating.
Ratings data for RACE provided by MarketBeat
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