FerrariRACE
About: Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2024, the company sold 13,752 vehicles at an average price over EUR 480,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2024, the Europe, Middle East, and Africa region accounted for 47% of revenue, the Americas was 33%, mainland China, Hong Kong, and Taiwan was 8%, and the rest of Asia was 12%.
Employees: 5,435
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
36% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 78
2% more funds holding
Funds holding: 690 [Q3] → 701 (+11) [Q4]
0.61% more ownership
Funds ownership: 33.47% [Q3] → 34.07% (+0.61%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 17 [Q3] → 17 (+0) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 240
6% less capital invested
Capital invested by funds: $27.6B [Q3] → $26.1B (-$1.57B) [Q4]
32% less call options, than puts
Call options by funds: $325M | Put options by funds: $477M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
UBS Susy Tibaldi 67% 1-year accuracy 2 / 3 met price target | 18%upside $520 | Buy Maintained | 1 Apr 2025 |
JP Morgan Ryan Brinkman 22% 1-year accuracy 8 / 37 met price target | 5%upside $460 | Overweight Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 19 articles about RACE published over the past 30 days
