Ferrari N.V. (RACE)
NYSE: RACE · IEX Real-Time Price · USD
416.31
-6.12 (-1.45%)
At close: Jul 19, 2024, 4:00 PM
419.57
+3.26 (0.78%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
Ferrari Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Ferrari stock have an average target of 421.25, with a low estimate of 300 and a high estimate of 512. The average target predicts an increase of 1.19% from the current stock price of 416.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ferrari stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 3 | 2 | 2 | 2 |
Buy | 2 | 2 | 3 | 3 | 3 | 3 |
Hold | 5 | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 9 | 9 | 11 | 10 | 10 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Strong Buy Maintains $448 → $478 | Strong Buy | Maintains | $448 → $478 | +14.82% | Jun 24, 2024 |
Jefferies | Jefferies | Hold Initiates $408 → $403 | Hold | Initiates | $408 → $403 | -3.20% | May 10, 2024 |
Morgan Stanley | Morgan Stanley | Buy Maintains $400 | Buy | Maintains | $400 | -3.92% | Apr 22, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $430 → $465 | Buy | Maintains | $430 → $465 | +11.70% | Apr 22, 2024 |
Bernstein | Bernstein | Buy Maintains $448 → $512 | Buy | Maintains | $448 → $512 | +22.99% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
6.68B
from 5.97B
Increased by 11.94%
Revenue Next Year
7.23B
from 6.68B
Increased by 8.13%
EPS This Year
7.96
from 6.90
Increased by 15.43%
EPS Next Year
8.92
from 7.96
Increased by 11.96%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.1B | 7.8B | 8.4B | 8.6B | 9.2B |
Avg | 6.7B | 7.2B | 7.7B | 8.2B | 8.8B |
Low | 6.3B | 6.7B | 6.8B | 7.8B | 8.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 19.7% | 16.9% | 15.7% | 11.3% | 12.1% |
Avg | 11.9% | 8.1% | 6.7% | 6.7% | 7.3% |
Low | 5.2% | -0.1% | -5.8% | 1.2% | 1.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.74 | 10.24 | 11.08 | 10.60 | 10.42 |
Avg | 7.96 | 8.92 | 9.78 | 10.30 | 10.13 |
Low | 7.22 | 8.04 | 8.49 | 9.90 | 9.73 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 26.6% | 28.5% | 24.2% | 8.4% | 1.2% |
Avg | 15.4% | 12.0% | 9.7% | 5.3% | -1.7% |
Low | 4.7% | 0.9% | -4.8% | 1.2% | -5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.