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Price
Target price
€302.00

€302.00

1.680%
5.0
1.680%
€417.55
 
15:54 / Tradegate WKN: A2ACKK / Symbol: RACE / Name: Ferrari / Stock / Automobiles & Auto Parts / Large Cap /
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Ferrari NV Stock

Ferrari NV gained 1.680% today.
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
As a result the target price of 417 € shows a positive potential of 38.08% compared to the current price of 302.0 € for Ferrari NV.
Criterium "Worthwhile Investment for the next years" is seen as the biggest plus for Ferrari NV stock. Negative votes have not been in the majority for any criteria for this stock

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 1.680% 3.683% 0.372% -29.049% -7.245% 6.643% 67.089%
Exor NV 0.920% -2.474% -1.811% -23.109% -10.646% -18.769% -7.336%
Porsche Automobil Holding SE -1.080% -5.544% 1.162% -8.813% -21.231% -41.901% -68.448%
Volkswagen AG ST 0.050% -4.211% 3.409% -5.258% -13.333% -39.028% -70.607%

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 (RACE) had its "outperform" rating reaffirmed by Sanford C. Bernstein.
Ratings data for RACE provided by MarketBeat
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Prediction Buy
Perf. (%) 4.31%
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
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Ferrari (RACE) was upgraded by Jefferies Financial Group Inc. from "hold" to "buy".
Ratings data for RACE provided by MarketBeat
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News

Ferrari's Massive Risk Gives Investors Rare Opportunity: https://g.foolcdn.com/editorial/images/872674/ferrari_luce.png
Ferrari's Massive Risk Gives Investors Rare Opportunity

Ferrari (NYSE: RACE) is taking on a big risk launching the Luce, the company's first fully electric vehicle (EV). One part of the broader risk is that there might not be a market for ultra-high-end

Ferrari Launches Most Polarizing Vehicle in History -- It's Time to Buy the Stock: https://g.foolcdn.com/editorial/images/871712/ferrari_luce2.png
Ferrari Launches Most Polarizing Vehicle in History -- It's Time to Buy the Stock

Ferrari (NYSE: RACE) found itself in an interesting spot when it came to full-electric vehicles (EVs). One could argue the supercar maker, known for its racing heritage, was in a great position as

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