Ferrari N.V. (RACE)

NYSE: RACE · IEX Real-Time Price · USD
215.81
+0.54 (0.25%)
Aug 12, 2022 4:00 PM EDT - Market closed
0.25%
Market Cap 40.15B
Revenue (ttm) 4.95B
Net Income (ttm) 954.76M
Shares Out 186.04M
EPS (ttm) 5.01
PE Ratio 43.08
Forward PE 44.05
Dividend $1.40 (0.65%)
Ex-Dividend Date Apr 19, 2022
Volume 174,765
Open 214.72
Previous Close 215.27
Day's Range 214.01 - 215.83
52-Week Range 167.45 - 278.78
Beta 0.95
Analysts Buy
Price Target 205.62 (-4.7%)
Earnings Date Aug 2, 2022

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 hyper cars; 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 Automobiles
IPO Date Oct 21, 2015
CEO Louis Camilleri
Employees 4,625
Stock Exchange NYSE
Ticker Symbol RACE
Full Company Profile

Financial Performance

In 2021, Ferrari's revenue was 4.27 billion, an increase of 23.44% compared to the previous year's 3.46 billion. Earnings were 830.77 million, an increase of 36.68%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for RACE stock is "Buy." The 12-month stock price forecast is 205.62, which is a decrease of -4.72% from the latest price.

Price Target
$205.62
(-4.72% downside)
Analyst Consensus: Buy
Stock Forecasts

News

MOD vs. RACE: Which Stock Should Value Investors Buy Now?

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

Other symbols: MOD

Ferrari Recalls 24,000 Cars for Potential Brake Failure

Vehicles from as far back as 2005 are included in this recall.

Ferrari (RACE) Tops Q2 Earnings and Revenue Estimates

Ferrari (RACE) delivered earnings and revenue surprises of 22.88% and 15.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ferrari reports record profits as supercar sales boom

Italian luxury carmaker enjoys strong sales in second quarter despite global economic concerns

Ferrari boosts full-year guidance after a record second quarter

Ferrari increased its full-year guidance after a quarter that set records for revenue, profit and new orders.

Ferrari lifts full-year forecasts after strong Q2 results, record orders

Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its order book reach new...

A Quarter of Records, 2022 Guidance Revised Upward on All Metrics

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2022. Results for the Q2 are summariz...

Can Ferrari (RACE) Keep the Earnings Surprise Streak Alive?

Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Should You Buy Ferrari (RACE) Ahead of Earnings?

Ferrari (RACE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Ferrari N.v.: Periodic Report on the Buyback Program

Maranello (Italy), August 1, 2022 – 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 June ...

7 Electric Vehicle Stocks to Buy Before the Bull Market Returns

Rising interest rates and inflation concerns have had a huge impact on the stock market and the economy, including the automobile industry. But that won't last, and as optimism returns, auto sales will ...

Other symbols: BYDDFLCIDLINIORIVNXPEV

3 Auto Stocks to Buy and Hold Forever

The stock market is currently a strange place. While all equities are struggling, it has also given an opportunity to make the most of the dip in promising stocks.

Other symbols: GMTM

Reviewing new and existing model prices amid rising cost trend, says Ferrari CEO

Ferrari CEO Benedetto Vigna tells CNBC about the fully electric model the Italian carmaker will debut by 2025 and how his firm is coping with rising material costs.

Earnings Preview: Ferrari (RACE) Q2 Earnings Expected to Decline

Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ferrari CEO shrugs off concerns about EV performance

Other luxury carmakers are also developing electrification strategies.

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), July 25, 2022 – 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 June 3...

CTTAY vs. RACE: Which Stock Should Value Investors Buy Now?

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

Golf Tournaments, A Private Jet And A Red Ferrari: A Tech CEO Lived Large While His Employees Went Unpaid

A Forbes investigation found that Chris Kirchner, of the $240 million Goldman Sachs-backed startup Slync.io, fired executives after they asked questions about the company's funds. Now, he's facing a law...

7 Best Electric Vehicle Stocks to Buy Now for July 2022

Here's our pick of the 7 best electric vehicle (EV) stocks to invest in. These stocks have taken a beating and are trading at a discount now.

Other symbols: CHPTFSRLCIDLINIOXPEV

FERRARI TO ANNOUNCE SECOND QUARTER 2022 FINANCIAL RESULTS ON AUGUST 2

Maranello (Italy), July 13, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2022 will be released on Tuesday, August 2, 2022.

GNTX vs. RACE: Which Stock Should Value Investors Buy Now?

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

Other symbols: GNTX

Ferrari (RACE) to Begin EUR 150M First Tranche of Share Buyback

Ferrari (RACE) is set to commence the first tranche of its new 2-billion euros share buyback program. The tranche will be executed through a bank and the New York Stock Exchange.

FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATEL...

Maranello (Italy), June 30, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it intends to commence a Euro 150 million share buyback program, as the initial tranche of th...

Ferrari to churn out gas guzzlers on its slow road to electric

Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology's disadvantages against today's ...

Ferrari installs 1MW fuel cell plant to speed up carbon neutrality

Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neut...