Ferrari N.V. (RACE)
| Market Cap | 76.93B |
| Revenue (ttm) | 6.91B |
| Net Income (ttm) | 1.58B |
| Shares Out | 178.20M |
| EPS (ttm) | 8.76 |
| PE Ratio | 48.83 |
| Forward PE | 44.08 |
| Dividend | $3.23 (0.74%) |
| Ex-Dividend Date | Apr 22, 2025 |
| Volume | 329,530 |
| Open | 435.42 |
| Previous Close | 435.83 |
| Day's Range | 431.14 - 436.48 |
| 52-Week Range | 399.27 - 509.13 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 507.14 (+16.88%) |
| Earnings Date | May 6, 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 sports, track, one-off, and road cars, as well as supercars. It also provides 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 Modena and Maranello; Il Cavallino restaurant in Maranello; ... [Read more]
Financial Performance
In 2024, Ferrari's revenue was 6.68 billion, an increase of 11.83% compared to the previous year's 5.97 billion. Earnings were 1.52 billion, an increase of 21.55%.
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 16.88% from the latest price.
News
Element Nominates Paolo Ferrari and Tracey McVicar for Election to the Board of Directors
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today a...
Ferrari: Driving Luxury And Innovation
Ferrari's scarcity-driven model and luxury brand positioning enable high margins and resilience, similar to high-end fashion houses like Hermes. Advanced technology integration and strategic electrifi...
Ferrari N.v.: Report on the Share Buyback Related to Granting Share Process
Maranello (Italy), March 17, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that on March 13, 2025, in the Ferrari Group employees' granting share process, the Company assig...
Ferrari is no longer a 'midlife crisis' purchase
Many customers are now under the age of 40. Transcript: Kelsey Barberio: If you thought Ferrari's were reserved for a mid-life crisis or a retirement splurge — you'd be very wrong.
Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40
Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. Speaking to CNBC on the sidelines of...
'We are ready with some countermeasures', says Ferrari CEO on U.S. tariffs
Benedetto Vigna, CEO of Ferrari, discusses the impact uncertainty in the U.S. markets has had on business operations and its approach to tariffs.
Ferrari CEO Benedetto Vigna on how the waitlist drives 'motivation'
“Ferrari is exclusive and inclusive,” Ferrari CEO Benedetto Vigna told CNBC's Robert Frank at CONVERGE LIVE in Singapore on Thursday. ➡️ Ferrari produces about 14,000 cars a year, resulting in a wait ...
Ferrari CEO says carmaker is 'ready' with countermeasures as Europe's automakers brace for tariffs
"We are watching what's going to happen in the next month, next weeks," said Ferrari CEO Benedetto Vigna at CONVERGE LIVE. "We are on the same boat in terms of tariffs.
Ferrari N.v.: Completion of the Seventh Tranche of the Multi-Year Share Repurchase Program
M aranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Co...
FERRARI PUBLISHES AGENDA FOR THE 2025 AGM
Maranello (Italy), March 5, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2025 Annual General Meeting of Sharehold...
Ferrari stake sale sparks surge, European block trades hit two-decade high
The sale of a multi-billion euro stake in Ferrari NV has set off a chain reaction in European equity markets, sparking a surge in block trade activity. The Agnelli family's strategic disposal, valued ...
Exor sells 4% of Ferrari for 3 billion euros as it plans new acquisition
Exor , the holding company of Italy's Agnelli family, raised about 3 billion euros ($3.14 billion) after selling a roughly 4% stake in Ferrari , it said on Thursday.
Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor's Accelerated Bookbuild Offering
Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor's total offering up to a maximum of Euro 300 million This share re...
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...
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...
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...
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 ...
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.
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."
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...
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.