Ferrari N.V. (RACE)
NYSE: RACE · Real-Time Price · USD
428.52
-3.43 (-0.79%)
Jan 31, 2025, 4:00 PM EST - Market closed
Ferrari Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Ferrari stock have an average target of 507.14, with a low estimate of 403 and a high estimate of 565. The average target predicts an increase of 18.35% from the current stock price of 428.52.
Analyst Consensus: Buy
* Price targets were last updated on Nov 6, 2024.
Analyst Ratings
The average analyst rating for Ferrari stock from 8 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $478 → $513 | Strong Buy | Maintains | $478 → $513 | +19.71% | Nov 6, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $475 → $565 | Buy | Maintains | $475 → $565 | +31.85% | Oct 22, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $385 → $525 | Hold → Buy | Upgrades | $385 → $525 | +22.51% | Oct 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $400 → $520 | Buy | Maintains | $400 → $520 | +21.35% | Aug 27, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Aug 2, 2024 |
Financial Forecast
Revenue This Year
6.74B
from 5.97B
Increased by 12.90%
Revenue Next Year
7.27B
from 6.74B
Increased by 7.89%
EPS This Year
8.33
from 6.90
Increased by 20.73%
EPS Next Year
9.10
from 8.33
Increased by 9.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.1B | 7.8B | 8.6B | |||
| Avg | 6.7B | 7.3B | 7.9B | |||
| Low | 6.4B | 6.7B | 7.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 19.6% | 15.8% | 18.8% | |||
| Avg | 12.9% | 7.9% | 9.3% | |||
| Low | 7.6% | -0.8% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.94 | 10.01 | 11.87 | ||
| Avg | 8.33 | 9.10 | 10.38 | ||
| Low | 7.64 | 7.84 | 9.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.5% | 20.1% | 30.3% | ||
| Avg | 20.7% | 9.3% | 14.0% | ||
| Low | 10.8% | -5.9% | 1.0% |
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.