Ferrari N.V. (RACE)
NYSE: RACE · IEX Real-Time Price · USD
420.33
-4.41 (-1.04%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Ferrari Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Ferrari stock have an average target of 393, with a low estimate of 260 and a high estimate of 512. The average target predicts a decrease of -6.50% from the current stock price of 420.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ferrari stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 4 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 9 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $400 | Buy | Maintains | $400 | -4.84% | Apr 22, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $430 → $465 | Buy | Maintains | $430 → $465 | +10.63% | Apr 22, 2024 |
| Bernstein | Bernstein | Buy Maintains $448 → $512 | Buy | Maintains | $448 → $512 | +21.81% | Apr 18, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $458 → $512 | Strong Buy | Maintains | $458 → $512 | +21.81% | Apr 10, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 4, 2024 |
Financial Forecast
Revenue This Year
6.67B
from 5.97B
Increased by 11.74%
Revenue Next Year
7.18B
from 6.67B
Increased by 7.68%
EPS This Year
7.90
from 6.90
Increased by 14.49%
EPS Next Year
8.81
from 7.90
Increased by 11.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.3B | 7.9B | 8.4B | 7.9B |
| Avg | 6.7B | 7.2B | 7.6B | 7.7B |
| Low | 6.3B | 6.5B | 6.8B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.1% | 17.9% | 16.7% | 4.1% |
| Avg | 11.7% | 7.7% | 5.7% | 1.1% |
| Low | 5.3% | -2.6% | -5.3% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.73 | 10.35 | 11.39 | 9.05 |
| Avg | 7.90 | 8.81 | 9.62 | 8.79 |
| Low | 6.96 | 7.82 | 8.49 | 8.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.5% | 31.1% | 29.3% | -5.9% |
| Avg | 14.5% | 11.6% | 9.1% | -8.6% |
| Low | 0.8% | -1.0% | -3.7% | -12.2% |
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.