Ferrari N.V. (RACE)
Market Cap | 90.04B |
Revenue (ttm) | 6.91B |
Net Income (ttm) | 1.58B |
Shares Out | 178.86M |
EPS (ttm) | 8.76 |
PE Ratio | 57.48 |
Forward PE | 53.89 |
Dividend | $2.60 (0.52%) |
Ex-Dividend Date | Apr 22, 2024 |
Volume | 282,748 |
Open | 507.79 |
Previous Close | 508.15 |
Day's Range | 498.58 - 508.20 |
52-Week Range | 399.27 - 508.20 |
Beta | 0.95 |
Analysts | Buy |
Price Target | 507.14 (+0.74%) |
Earnings Date | Feb 4, 2025 |
About RACE
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in... [Read more]
Financial Performance
In 2024, Ferrari's revenue was 6.68 billion, an increase of 11.84% compared to the previous year's 5.97 billion. Earnings were 1.52 billion, an increase of 21.56%.
Financial numbers in EUR Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for RACE stock is "Buy." The 12-month stock price forecast is $507.14, which is an increase of 0.74% from the latest price.
News
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FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
M aranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission i...
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DIVIDEND DISTRIBUTION PROPOSAL
Maranello (Italy), February 20, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company's shareholders a dividend distribut...
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Ferrari: The 2025 Investment Thesis
Ferrari ended 2024 with strong results, beating expectations and providing a promising outlook for 2025. The company's business model thrives on brand desirability and scarcity, with consistent execut...
Struggling Europe automakers have no choice but to 'take the situation as it is': Analyst
Horst Schneider of BofA Global Research discusses the struggles faced by Europe's auto sector due to the increasing Chinese competitiveness, made worse by potential Trump tariffs. Meanwhile he highlig...
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), February 10, 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 ...
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Ferrari stock price forms a rare bullish pattern, but risks remain
Ferrari stock price has pulled back in the past few months as some investors question its growth trajectory and demand for its vehicles. RACE has crashed by 10% from its highest level in 2024, meaning...
Watch CNBC's full interview with Ferrari CEO Benedetto Vigna
Ferrari CEO Benedetto Vigna discusses the company's quarterly and full-year results, the potential impact of U.S. tariffs and the firm's new Formula 1 team with Lewis Hamilton.
Ferrari CEO: Fully electric car 'an important addition'
Ferrari CEO Benedetto Vigna speaks to CNBC's Charlotte Reed after the luxury carmaker reported a significant upswing in full-year net profit and flagged further growth this year.
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Ferrari's Magic: Why It Keeps Beating Estimates, And Will Continue Doing So
Ferrari has consistently exceeded earnings expectations, driven by solid fundamentals and a unique business model that emphasizes exclusivity and personalization. Ferrari topped estimates once again a...
Ferrari forecasts continued growth in 2025
Ferrari beat expectations in 2024 and foresees more growth in 2025, a year which will see the arrival of its first fully electric car and the first shipments of its latest "super car."
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Ferrari N.V. (RACE) Q4 2024 Earnings Call Transcript
Ferrari N.V. (NYSE:RACE) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Chief Executive Officer Anton...
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Ferrari reveals launch date of first electric car, says Trump policies won't derail new models
The EV will be one of six new models the company plans to roll out this year, its CEO said.
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Why Ferrari's EV strategy is ahead of Ford and GM
Ferrari NV (NYSE: RACE) is pushing to the upside this morning after reporting a 21% annualised increase in its full-year profit to €1.53 billion ($1.58 billion).
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Ferrari Stock Rises. Why the Luxury Auto Maker Is Defying China Sales Slump.
The Italian supercar maker has defied a slowdown in China that has plagued many of its luxury peers.
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Luxury carmaker Ferrari posts 21% uptick in full-year profit, sees 2025 growth
Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.
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Ferrari offers cautious guidance. The stock revs higher anyway.
Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.
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Ferrari sees further growth this year after beating forecasts in FY 2024
Luxury sports car maker Ferrari said on Tuesday its revenues and core earnings would rise this year, supported by strong product delivery and increased demand for personalisation after meeting targets...
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ANOTHER YEAR OF STRONG PERFORMANCE, ALL 2024 TARGETS EXCEEDED. FURTHER GROWTH IN 2025.
“Quality of revenues over volumes: I believe this best explains our outstanding financial results in 2024, thanks to a strong product mix and a growing demand for personalizations. On these solid foun...
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FERRARI TO ANNOUNCE 2024 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 4
Maranello (Italy), January 24, 2025 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2024 will be released on Tuesday, Feb...
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Adam Ferrari Announces Annie O'Brien as the 2024 Recipient of the Adam Ferrari Health Science Scholarship
Adam Ferrari proudly announces Annie O'Brien, a nursing student at Marquette University, as the 2024 Adam Ferrari Health Science Scholarship recipient. Adam Ferrari proudly announces Annie O'Brien, a ...
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Phoenix Capital Group CEO Adam Ferrari Announces Winner of 2024 Scholarship
DENVER--(BUSINESS WIRE)--Phoenix Capital Group Holdings, LLC, a leading energy investment firm specializing in oil and gas exploration and production across key basins in North America, is pleased to ...
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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:
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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...
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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 scholar...