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Price
Target price
€378.90

€378.90

-0.030%
-0.1
-0.030%
€411.00
 
31.05.24 / Tradegate WKN: A2ACKK / Symbol: RACE / Name: Ferrari / Stock / Automobiles & Auto Parts / Large Cap /
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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

There is nearly no change for the Ferrari NV stock today. Compared to yesterday it only changed by -€0.100.
With 15 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 411 € there is a slightly positive potential of 8.47% for Ferrari NV compared to the current price of 378.9 €.
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 -0.030% -1.174% -2.771% 41.223% 23.260% 119.017% 197.527%
Exor NV -0.580% -1.236% 1.366% 33.205% 15.010% 48.006% -
Volkswagen AG ST -0.300% -5.448% -0.976% -6.354% 12.255% -54.952% -6.686%
Ford Motor Co. 2.920% -0.089% -1.721% -0.285% 0.107% -5.576% 32.317%

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) 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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Prediction Buy
Perf. (%) -0.85%
Target price 375.360
Change
Ends at 22.04.25

Ferrari (NYSE: RACE) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $400.00 price target on the stock.
Ratings data for RACE provided by MarketBeat
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Prediction Buy
Perf. (%) -0.59%
Target price 436.914
Change
Ends at 22.04.25

Ferrari (NYSE: RACE) had its price target raised by analysts at Evercore ISI from $430.00 to $465.00. They now have an "outperform" rating on the stock.
Ratings data for RACE provided by MarketBeat
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News

Why I'm Not Selling My Ferrari Stock Even After a 100% Gain: https://g.foolcdn.com/editorial/images/778670/sf90-stradale.png
Why I'm Not Selling My Ferrari Stock Even After a 100% Gain

Back in early 2022, I started to accumulate shares of the luxury supercar maker Ferrari (NYSE: RACE). At the time, I thought it was a safe place to park my cash as inflation, rising rates, and

3 Things You Must Know About Ferrari Before You Buy the Stock: https://g.foolcdn.com/editorial/images/777137/red-white-formula-one-car.jpg
3 Things You Must Know About Ferrari Before You Buy the Stock

Ferrari (NYSE: RACE) just reported financial results for the first quarter. They were positive as revenue and adjusted diluted earnings per share rose 11% and 20%, respectively, compared to the

Is Ferrari Stock a Buy?: https://g.foolcdn.com/editorial/images/775630/thinking-in-front-of-trading-screens.jpg
Is Ferrari Stock a Buy?

The automotive industry is typically not a place you'd look to find winning investment ideas. The industry is capital-intensive, cyclical, and produces low margins. That's not a recipe to make