Ferrari N.V. (RACE)
NYSE: RACE · Real-Time Price · USD
471.98
+1.28 (0.27%)
Sep 9, 2024, 4:00 PM EDT - Market closed
Ferrari Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ferrari stock have an average target of 481.67, with a low estimate of 403 and a high estimate of 520. The average target predicts an increase of 2.05% from the current stock price of 471.98.
Analyst Consensus: Buy
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 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 2 | 2 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 | 3 | 4 |
| Hold | 5 | 5 | 5 | 5 | 5 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 11 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $400 → $520 | Buy | Maintains | $400 → $520 | +10.17% | Aug 27, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Aug 2, 2024 |
| UBS | UBS | Strong Buy Maintains $448 → $478 | Strong Buy | Maintains | $448 → $478 | +1.28% | Jun 24, 2024 |
| Jefferies | Jefferies | Hold Initiates $408 → $403 | Hold | Initiates | $408 → $403 | -14.62% | May 10, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $400 | Buy | Maintains | $400 | -15.25% | Apr 22, 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 7.92%
EPS This Year
8.27
from 6.90
Increased by 19.91%
EPS Next Year
9.07
from 8.27
Increased by 9.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.0B | 7.8B | 8.5B | ||
| Avg | 6.7B | 7.3B | 7.9B | ||
| Low | 6.3B | 6.8B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.0% | 15.8% | 16.2% | ||
| Avg | 12.9% | 7.9% | 8.4% | ||
| Low | 5.9% | 1.5% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.91 | 10.21 | 11.18 | ||
| Avg | 8.27 | 9.07 | 10.04 | ||
| Low | 7.54 | 8.23 | 8.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.2% | 23.4% | 23.3% | ||
| Avg | 19.9% | 9.6% | 10.7% | ||
| Low | 9.2% | -0.5% | -3.5% |
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.