Ferrari N.V. (RACE)
| Market Cap | 78.02B |
| Revenue (ttm) | 7.21B |
| Net Income (ttm) | 1.60B |
| Shares Out | 179.00M |
| EPS (ttm) | 8.84 |
| PE Ratio | 49.29 |
| Forward PE | 48.15 |
| Dividend | $2.60 (0.60%) |
| Ex-Dividend Date | Apr 22, 2024 |
| Volume | 167,664 |
| Open | 437.49 |
| Previous Close | 432.94 |
| Day's Range | 435.38 - 438.64 |
| 52-Week Range | 330.16 - 498.23 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 507.14 (+16.35%) |
| Earnings Date | Jan 30, 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 2023, Ferrari's revenue was 5.97 billion, an increase of 17.17% compared to the previous year's 5.10 billion. Earnings were 1.25 billion, an increase of 34.25%.
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 16.35% from the latest price.
News
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 D...
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:
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...
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...
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. ...
Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal
Ferrari Chief Executive Benedetto Vigna said Formula One was in the DNA of the company as earlier on Tuesday it announced it would supply engines and gearboxes to a new Cadillac Formula One team in a ...
FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding ...
Ferrari: Debunking Misconceptions About A Disappointing Third Quarter
Ferrari's shares declined due to misconceptions about China, unit shipments, and non-recurring operations, presenting a buying opportunity. The decline in shipments is due to an ERP transition, and th...
How this European automaker is minimizing the impact of Trump's tariffs
Donald Trump plans on raising tariffs by 10% on goods from China and 25% on all imports from Canada and Mexico after taking the office in January.
Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
President-elect Donald Trump has vowed to impose steep tariffs on China, Canada and Mexico in one of his first acts in office, threatening to shake up the auto industry's supply chains and raising inv...
AutoScheduler.AI Hosts Free LinkedIn Live Event with Industry Analyst Bob Ferrari
AutoScheduler.AI Free Event, “Supply Chain 2025: What to Expect (and What Not to) in a Volatile World,” Takes Place December 5, 2024, at 2:00 PM ET
MEXC introduces a Ferrari Giveaway with a 10,000,000 USDT prize pool
SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MEXC, a leading cryptocurrency exchange, has launched a Ferrari Giveaway event that features a notable prize pool of 10,000,000 USDT. This initiative aims ...
Capitalize On Rising Global Inequality With Ferrari Stock Ownership
Ferrari's exclusivity and strong brand, bolstered by its Formula 1 success, drive high demand and pricing power, ensuring robust revenue and operating leverage. Despite a recent 10% stock dip, Ferrari...
MEXC Launches Ferrari Giveaway Event With 10 Million USDT Prize Pool
SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MEXC, a globally recognized cryptocurrency exchange, has unveiled its “Ferrari Giveaway” event, inviting users worldwide to register and participate for a ...
Phoenix Capital Group CEO Adam Ferrari Announces Continued Production Growth in the Williston Basin
Denver, Colorado, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Phoenix Capital Group CEO Adam Ferrari recently shared significant milestones from the company's Williston Basin drilling operations in North Dakota...
Adam Ferrari and Phoenix Capital Group Sponsor STEM and Mental Health Initiatives with West Point Society of North Texas
DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Adam Ferrari, CEO of Phoenix Capital Group , announced a $2,000 sponsorship in collaboration with The West Point Society of North Texas to advance STEM educat...
Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with weakening s...
Ferrari N.V. (RACE) Q3 2024 Earnings Call Transcript
Ferrari N.V. (NYSE:RACE) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Chief Executive Officer Anton...
Ferrari Q3 Earnings: Lower Shipments Is Great News
Ferrari's Q3 report shows a deliberate 2.2% decrease in shipments, while revenues increased by 6.5% and EPS rose by 14.3% to EUR 2.08. The company's strategy focuses on exclusivity and high-margin per...
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.
Ferrari Stock Is Falling After Earnings Met Wall Street's Expectations
The sports car manufacturer is less dependent on the Chinese market than other sellers of luxury goods.
Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations
Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a richer product offer ...
CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
“The third quarter once again shows growing results for Ferrari, driven by a strong product mix and increased personalizations" said Benedetto Vigna, CEO of Ferrari. "It confirms our commitment to del...
Ferrari stock forms a dangerous pattern ahead of earnings
Ferrari (RACE) stock price has done well this year, rising by 40%, and making it one of the best-performing players in the automobile industry. It rallied to a record high of $497.68 on September 3, b...