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Ferrari N.V. (RACE)

Stock Price: $202.26 USD 2.15 (1.07%)
Updated Jun 24, 2021 1:55 PM EDT - Market open
Market Cap 49.89B
Revenue (ttm) 4.16B
Net Income (ttm) 760.87M
Shares Out 184.58M
EPS (ttm) 4.14
PE Ratio 48.83
Forward PE 38.91
Dividend $0.87
Dividend Yield 0.43%
Trading Day June 24
Last Price $202.26
Previous Close $200.11
Change ($) 2.15
Change (%) 1.07%
Day's Open 201.78
Day's Range 201.42 - 202.75
Day's Volume 156,014
52-Week Range 165.52 - 232.52

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Ferrari unveiled a new plug-in hybrid car on Thursday to increase its offer of cleaner vehicles and meet changing tastes in the exclusive market for high-performance sports cars.

5 hours ago - Reuters

While CCIV stock, which will eventually become Lucid Motors' equity unit, seems outrageously rich, there's some credibility here. The post Churchill Capital's Premium Is Rich But It's Not Crazy appeared...

Other stocks mentioned: CCIV, TSLA
2 days ago - InvestorPlace

 Maranello (Italy), June 21, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program annou...

3 days ago - GlobeNewsWire

Amazon's (AMZN) cloud portfolio efficiency and reliability get highlighted with the Ferrari agreement.

Other stocks mentioned: AMZN
3 days ago - Zacks Investment Research

MOD vs. RACE: Which Stock Is the Better Value Option?

Other stocks mentioned: MOD
6 days ago - Zacks Investment Research

Amazon.com Inc (NASDAQ: AMZN) company Amazon Web Services, Inc. (AWS) inked an agreement with Ferrari NV (NYSE: RACE) to become their Official Cloud, Machine Learning, and Artificial Intelligence Provid...

6 days ago - Benzinga

Ferrari and Amazon Web Services (AWS) have entered an agreement to make Amazon's cloud computing unit the luxury carmaker's cloud storage, machine learning, and artificial intelligence provider, AWS sai...

Other stocks mentioned: AMZN
6 days ago - Reuters

After Ferrari finally appointed a new leader, investors breathed a sigh of relief, before dumping the shares citing worries about how much money would have to be spent turning gas guzzlers into electric...

1 week ago - Forbes

With crude oil prices up by about 47% since the beginning of 2021 and gasoline prices now averaging $3.08 a gallon for regular, virtually every stock in the oil and gas industry is trading near recently...

Other stocks mentioned: KMI
1 week ago - 24/7 Wall Street

Maranello, (Italy), June 14, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announ...

1 week ago - GlobeNewsWire

Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs. The Ferrari Analyst: George Galliers dow...

1 week ago - Benzinga

Ferrari is racing through the gears to bring its Prancing Horse brand to the catwalk and fine dining in an attempt to woo wealthy customers beyond its faithful fans.

1 week ago - Reuters

Are we talking three years? Ten? Thirty?

Other stocks mentioned: F, GM, TM, TSLA
2 weeks ago - The Motley Fool

On Wednesday, Ferrari NV ( RACE , Financial) announced it has appointed Benedetto Vigna as its new CEO. Vigna will join Ferrari at the beginning of September upon his departure from STMicroelectronics N...

2 weeks ago - GuruFocus

Appointment of a chipmaker executive cements the belief the supercar maker is going all-in on EVs.

2 weeks ago - The Motley Fool

Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars.

2 weeks ago - CNN Business

Ferrari named Benedetto Vigna as its next chief executive on Wednesday. The electronics pioneer will take the helm on September 1st and lead the company as the world moves to electric vehicles.

2 weeks ago - Invezz

Ferrari NV (NYSE: RACE) appointed Benedetto Vigna as Chief Executive Officer, effective 1st September. Vigna is the president of Analog, MEMS (Micro-electromechanical Systems), and Sensors Group at STMi...

2 weeks ago - Benzinga

Ferrari has appointed electronics pioneer Benedetto Vigna as its new chief executive as the company gears up for the age of electric vehicles.

2 weeks ago - CNBC

Speculation over the future of Italian fashion group Armani came to the fore on Wednesday after the Milanese brand said it had no interest in a tie-up with luxury sports car maker Ferrari, as proposed i...

2 weeks ago - Reuters

Italian luxury sports car maker Ferrari on Wednesday named as its new chief executive Benedetto Vigna, a physics graduate who has spent the last 26 years at chip maker STMicroelectronics (ST).

2 weeks ago - Reuters

Ferrari has appointed Benedetto Vigna as its new chief executive, it said on Wednesday, as the Italian luxury carmaker fills a six-month vacancy at its top job.

2 weeks ago - Reuters

Maranello (Italy), 9 June 2021 - Ferrari N.V. (“Ferrari” or the “Company”) announces the appointment of Benedetto Vigna as its Chief Executive Officer.

2 weeks ago - GlobeNewsWire

Maranello (Italy), June 7, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announce...

2 weeks ago - GlobeNewsWire

MOD vs. RACE: Which Stock Is the Better Value Option?

Other stocks mentioned: MOD
3 weeks ago - Zacks Investment Research

Maranello (Italy), May 31, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announce...

3 weeks ago - GlobeNewsWire

The issue of sustainable mobility has become central for Ferrari as the luxury carmaker prepares to unveil its first all-electric model in 2025, Chairman John Elkann said on Thursday.

4 weeks ago - Reuters

I often say large money managers are the “elephants” in the market. What does that mean?

Other stocks mentioned: AAPL, DIS, VIPS
4 weeks ago - InvestorPlace

Maranello (Italy), May 24, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announce...

1 month ago - GlobeNewsWire

Maranello (Italy), May 17, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announce...

1 month ago - GlobeNewsWire

ALSN vs. RACE: Which Stock Is the Better Value Option?

Other stocks mentioned: ALSN
1 month ago - Zacks Investment Research

Ferrari launched the 812 Competizione Wednesday in Maranello, Italy a new limited-edition special series car derived from the 812 Superfast.

1 month ago - Forbes

Leaderless legendary luxury sports car maker Ferrari shares stabilized Wednesday after diving 8% the previous day after it delayed its profit target for next year, citing the damage to its markets from ...

1 month ago - Forbes

Ferrari Delays Financial Targets

YouTube video

May.04 -- Jeffreries Equity Research Philippe Houchois speaks to Bloomberg's Alix Steel and Guy Johnson about Ferrari stock dropping on "Bloomberg Markets: European Close".

1 month ago - Bloomberg Markets and Finance

Good earnings were overshadowed by some disappointing guidance.

1 month ago - The Motley Fool

Ferrari said that it will need an extra year to hit its profit goals because of pandemic-related spending cuts.

1 month ago - The Motley Fool

Ferrari (RACE) delivered earnings and revenue surprises of 0.75% and -2.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Luxury carmaker Ferrari said on Tuesday it postponed by one year its financial targets initially set for 2022 due to the COVID-19 pandemic, despite a record order book at the end off last quarter.

1 month ago - Reuters

STRONG FIRST QUARTER RESULTS AND RECORD ORDER BOOK DECISIVE MANAGEMENT OF COVID-19 PANDEMIC IMPACTS

1 month ago - GlobeNewsWire

Maranello (Italy), May 3, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced...

1 month ago - GlobeNewsWire

SHYF vs. RACE: Which Stock Is the Better Value Option?

Other stocks mentioned: SHYF
1 month ago - Zacks Investment Research

Maranello (Italy), April 27, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the first quarter of 2021 will be released on Tuesday, May 4, 2021.

1 month ago - GlobeNewsWire

Maranello (Italy), April 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announ...

1 month ago - GlobeNewsWire

Luxury carmaker Ferrari on Wednesday unveiled initial details of its new supercar, the first of three new models it has promised for the coming months.

2 months ago - Reuters

Luxury carmaker Ferrari has appointed BBC's Top Gear Editorial Director Charlie Turner for the newly created position of chief content officer, it said on Tuesday.

2 months ago - Reuters

Maranello (Italy), April 19, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announ...

2 months ago - GlobeNewsWire

Ferrari's electric supercar comes after the Porsche Taycan's successful launch and with the Tesla Roadster still ahead. RACE stock rose slightly.

2 months ago - Investors Business Daily

The European Union plans have at least 30 million zero-emission vehicles on the roads by 2030 and achieve carbon neutrality by 2050.

Other stocks mentioned: DMLRY
2 months ago - Forbes

Ferrari is making good progress on a shortlist of "very strong" candidates to be the Italian luxury carmaker's next chief executive, Chairman John Elkann told shareholders at a general meeting on Thursday.

2 months ago - Reuters

Maranello (Italy), 15 April 2021 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/MTA: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari's Annual General Meeting of Sha...

2 months ago - GlobeNewsWire

About RACE

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; one-off and track cars; and Icona cars. It also provides racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab ... [Read more...]

Industry
Auto Manufacturers
IPO Date
Oct 21, 2015
CEO
Louis Camilleri
Employees
4,558
Stock Exchange
NYSE
Ticker Symbol
RACE
Full Company Profile

Financial Performance

In 2020, Ferrari's revenue was 3.46 billion, a decrease of -8.15% compared to the previous year's 3.77 billion. Earnings were 607.82 million, a decrease of -12.65%.

Financial numbers in millions EUR.
Financial Statements

Analyst Forecasts

According to 11 analysts, the average rating for Ferrari stock is "Buy." The 12-month stock price forecast is 229.71, which is an increase of 13.57% from the latest price.

Price Target
$229.71
(13.57% upside)
Analyst Consensus: Buy