440.23 USD
+4.36
1.00%
At close Jan 21, 4:00 PM EST
After hours
440.23
+0.00
0.00%
1 day
1.00%
5 days
3.80%
1 month
2.34%
3 months
-8.32%
6 months
3.05%
Year to date
5.72%
1 year
30.57%
5 years
152.79%
10 years
700.42%
 

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 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 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 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%.

Employees: 5,392

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

112% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 43

35% more repeat investments, than reductions

Existing positions increased: 272 | Existing positions reduced: 201

18% more capital invested

Capital invested by funds: $24.3B [Q2] → $28.6B (+$4.3B) [Q3]

13% more funds holding in top 10

Funds holding in top 10: 15 [Q2] → 17 (+2) [Q3]

6% more funds holding

Funds holding: 644 [Q2] → 685 (+41) [Q3]

1.7% more ownership

Funds ownership: 32.92% [Q2] → 34.62% (+1.7%) [Q3]

34% less call options, than puts

Call options by funds: $375M | Put options by funds: $569M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$513
17%
upside
Avg. target
$539
22%
upside
High target
$565
28%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
UBS
Susy Tibaldi
67% 1-year accuracy
2 / 3 met price target
17%upside
$513
Buy
Maintained
6 Nov 2024
Evercore ISI Group
Michael Binetti
60% 1-year accuracy
28 / 47 met price target
28%upside
$565
Outperform
Maintained
22 Oct 2024

Financial journalist opinion

Based on 11 articles about RACE published over the past 30 days

Neutral
Zacks Investment Research
1 day ago
ALSN vs. RACE: Which Stock Is the Better Value Option?
Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
ALSN vs. RACE: Which Stock Is the Better Value Option?
Neutral
GlobeNewsWire
1 day ago
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), January 20, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Neutral
GlobeNewsWire
4 days ago
2025 Corporate Calendar
Maranello (Italy), 17 January 2025 - Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20251:
2025 Corporate Calendar
Negative
Proactive Investors
1 week ago
Global auto industry faces tectonic shifts in 2025, Bank of America analysts say
The global automotive landscape is poised for significant transformation in 2025, with new shifts driven by growing excess capacity in China, the rise of domestic players, and evolving regulatory dynamics, according to Bank of America's latest commentary on key auto industry themes. Bank of America analysts highlight that the global auto industry is in a state of shock due to profound changes, particularly in China, where overcapacity is leading to an export boom.
Global auto industry faces tectonic shifts in 2025, Bank of America analysts say
Neutral
GlobeNewsWire
1 week ago
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), January 13, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Positive
Seeking Alpha
1 week ago
Top 50 High Quality Dividend Growth Stocks - January 2025
I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. Using my quality score and valuation ratings I identified 8 opportunities from this list today. All 8 of these stocks have a strong track record and appear to be fairly or attractively valued today.
Top 50 High Quality Dividend Growth Stocks - January 2025
Positive
Seeking Alpha
1 week ago
2 'Must-Buy' Turnaround Plays For 2025
2 'Must-Buy' Turnaround Plays For 2025
2 'Must-Buy' Turnaround Plays For 2025
Neutral
GlobeNewsWire
1 week ago
Adam Ferrari Health Science Scholarship Application Window Closes
DENVER, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The application period for the 2024 Adam Ferrari Health Science Scholarship , sponsored by The Ferrari Foundation, has officially closed. This $20,000 scholarship program, spearheaded by Adam Ferrari, CEO of Phoenix Capital Group , attracted an impressive and diverse group of first-year health science students from across the country. These aspiring healthcare professionals share a common goal: to improve care for individuals with physical disabilities.
Adam Ferrari Health Science Scholarship Application Window Closes
Positive
The Motley Fool
1 week ago
2 One-of-a-Kind Stocks to Buy in 2025
If you want to find one-of-a-kind investments, you need to look for businesses that are doing something better than any competitor, or those doing something that's never been done. Both Ferrari (RACE 1.38%), and QuantumScape (QS -9.06%) fit that bill.
2 One-of-a-Kind Stocks to Buy in 2025
Neutral
Business Wire
1 week ago
Adam Ferrari, CEO of Phoenix Capital Group, Announces Close of Scholarship Applications for Future Energy Leaders
DENVER--(BUSINESS WIRE)--Phoenix Capital Group Holdings, LLC, an emerging leader in domestic oil and gas production, has officially closed applications for the 2024 Phoenix Capital Group Scholarship. This $15,000 award attracted an impressive pool of first-year college students pursuing careers in the oil and gas industry, underscoring the company's dedication to empowering the next generation of energy professionals. With the December 15, 2024, deadline now behind us, the scholarship committee.
Adam Ferrari, CEO of Phoenix Capital Group, Announces Close of Scholarship Applications for Future Energy Leaders
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