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Ferrari N.V. (RACE)

NYSE: RACE · Delayed Price · USD
223.84
+0.84 (0.38%)
After-hours:Oct 22, 2021 4:56 PM EDT
223.00
-1.61 (-0.72%)
At close: Oct 22, 4:00 PM
Market Cap55.65B
Revenue (ttm)4.76B
Net Income (ttm)1.00B
Shares Out184.09M
EPS (ttm)5.31
PE Ratio41.96
Forward PE42.02
Dividend0.87 (0.39%)
Ex-Dividend DateApr 19, 2021
Volume124,780
Open224.40
Previous Close224.61
Day's Range222.24 - 224.49
52-Week Range175.42 - 232.52
Beta0.90
AnalystsBuy
Price Target232.20 (+4.1%)
Est. Earnings DateNov 2, 2021

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 ...

IndustryAutomobiles
IPO DateOct 21, 2015
CEOLouis Camilleri
Employees4,560
Stock ExchangeNYSE
Ticker SymbolRACE
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 EURFinancial Statements

Analyst Forecast

According to 11 analysts, the average rating for Ferrari stock is "Buy." The 12-month stock price forecast is 232.20, which is an increase of 4.13% from the latest price.

Price Target
$232.20
(4.13% upside)
Analyst Consensus: Buy

News

New Strong Sell Stocks for October 22nd

BNFT, EXN, RACE, LLNW, and WVE have been added to the Zacks Rank #5 (Strong Sell) List on October 22, 2021.

Other symbols:BNFTEXNLLNWWVE
5 hours ago - Zacks Investment Research

FERRARI TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 2

Maranello (Italy), October 20, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the third quarter of 2021 will be released on Tuesday, November 2, 2021.

2 days ago - GlobeNewsWire

New Strong Sell Stocks for October 18th

CNFR, RACE, GGG, NUS, and LRN have been added to the Zacks Rank #5 (Strong Sell) List on October 18, 2021.

Other symbols:CNFRGGGLRNNUS
4 days ago - Zacks Investment Research

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

Maranello (Italy), October 18, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program annou...

4 days ago - GlobeNewsWire

New Strong Sell Stocks for October 13th

BKNG, CCL, DDAIF, AQUA, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2021.

Other symbols:AQUABKNGCCL
1 week ago - Zacks Investment Research

Ferrari nv: periodic report on the buyback program

 Ferrari N.V.: periodic report on the buyback program Maranello (Italy), October 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the ...

1 week ago - GlobeNewsWire

Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement ...

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 on March 11, 2021 (“Fourth Tranc...

2 weeks ago - GlobeNewsWire

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

Maranello (Italy), September 27, 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 an...

3 weeks ago - GlobeNewsWire

Ferrari parent forms alliance with ex-Apple designer Jony Ive

The duo -- who together developed the popular Apple Watch -- belong to the LoveFrom creative collective of designers, architects writers, engineers and artists.

Other symbols:AAPL
3 weeks ago - New York Post

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

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

Other symbols:ALSN
3 weeks ago - Zacks Investment Research

Ferrari to partner with Jony Ive's new design firm

Vroom. Vroom. Posh. LoveFrom, perhaps the most secretive creative collective on the planet—spun off by Sir Jony Ive after he stepped down from leading design at Apple—has announced its latest AAA client...

3 weeks ago - Fast Company

Ferrari, parent Exor clinch alliance with Apple designer Jony Ive

Italian luxury car maker Ferrari and parent company Exor, the holding vehicle of the Agnelli family, have agreed a long term partnership with Jony Ive, the designer of many of Apple's iconic products, a...

Other symbols:AAPL
3 weeks ago - Reuters

Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard

While some analysts may compare LCID stock to buying Tesla or Ferrari shares, it's more like acquiring Ford very early on. The post Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard appea...

Other symbols:FLCIDTSLA
4 weeks ago - InvestorPlace

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

Maranello (Italy), September 20, 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 an...

1 month ago - GlobeNewsWire

Exclusive: U.S. opens probe into 30 million vehicles over air bag inflators

U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Re...

Other symbols:FGMHMCSTLATMTSLATTM
1 month ago - Reuters

Why Lucid Group Stock Is Higher Today

A key Wall Street analyst is very bullish -- but there's more to the story.

Other symbols:BACLCIDTSLA
1 month ago - The Motley Fool

Should You Buy the Auto Stocks Right Now?

Strong demand, a transition to EV and autonomous driving, means investing opportunities in the auto industry.

Other symbols:AAPFGMTSLA
1 month ago - Zacks Investment Research

Investing in the 'Ferrari of EV automakers'

John Murphy, who covers autos at Bank of America, joins The Exchange with his analysis of Lucid, which he calls "the Ferrari of EV automakers." For access to live and exclusive video from CNBC subscribe...

1 month ago - CNBC Television

Jay Frye Talks Future Of IndyCar: Hybrid Engine, Aeroscreen, Ferrari, Alternative Fuels And More

Jay Frye, the president of IndyCar, talked about the progress of the next generation engine and the future state of IndyCar as part of the Grand Prix of Portland this past weekend.

1 month ago - Forbes

Ferrari N.v.: Informativa Periodica Sull'acquisto di Azioni Proprie

Maranello (Italia), 13 settembre 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” o la “Società”) comunica di avere acquistato sul Mercato Telematico Azionario (MTA) e sul New York Stock Exchange (NYSE),...

1 month ago - GlobeNewsWire

Why Ferrari's Profitability Boomed in the Second Quarter

It wasn't about the semiconductors.

2 months ago - The Motley Fool

Best EV Stocks to Buy on Biden Plan

Which Electric Vehicle stocks will benefit from Biden's plan?

Other symbols:FGMT
2 months ago - Zacks Investment Research

Ferrari Share Action Reflects Investor Hesitancy, But Some See Long-Term Success

Ferrari's roller-coaster share price reflects investor hesitancy, but some see long-term success. Investment banks like Morgan Stanley and UBS point to long-term strengths, but some analysts see problem...

2 months ago - Forbes

Why Ferrari's Profitability Surged in the Second Quarter

The automaker's margin was eye-popping. Was it a fluke?

2 months ago - The Motley Fool

Ferrari (RACE) Beats Q2 Earnings Estimates

Ferrari (RACE) delivered earnings and revenue surprises of 12.61% and -4.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research