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Ferrari - RACE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $507.14
  • Forecasted Upside: 18.61%
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$427.58 As of 12/23/2024 02:21 PM ET
▲ +0.65 (0.15%)

This chart shows the closing price for RACE by one month, three months, or twelve months.

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Analyst Price Target for RACE

Analyst Price Target is $507.14
▲ +18.61% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Ferrari in the last 3 months. The average price target is $507.14, with a high forecast of $565.00 and a low forecast of $403.00. The average price target represents a 18.61% upside from the last price of $427.58.

This chart shows the closing price for RACE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 9 contributing investment analysts is to moderate buy stock in Ferrari. This rating has held steady since July 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
7/1/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
9/29/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/25/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/23/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/22/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/6/2024UBS GroupBoost TargetBuy ➝ Buy$478.00 ➝ $513.00
10/22/2024Evercore ISIBoost TargetOutperform ➝ Outperform$475.00 ➝ $565.00
10/11/2024JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$385.00 ➝ $525.00
8/27/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$400.00 ➝ $520.00
8/2/2024BarclaysUpgradeEqual Weight ➝ Overweight
6/24/2024UBS GroupBoost TargetBuy ➝ Buy$448.00 ➝ $478.00
5/10/2024Jefferies Financial GroupInitiated CoverageHold ➝ Hold$408.00 ➝ $403.00
4/22/2024Morgan StanleyReiterated RatingOverweight ➝ Overweight$400.00
4/22/2024Evercore ISIBoost TargetOutperform ➝ Outperform$430.00 ➝ $465.00
4/18/2024Sanford C. BernsteinBoost TargetOutperform ➝ Outperform$448.00 ➝ $512.00
4/10/2024Bank of AmericaBoost TargetBuy ➝ Buy$458.00 ➝ $512.00
4/4/2024BarclaysDowngradeOverweight ➝ Equal Weight
3/4/2024CitigroupDowngradeNeutral ➝ Sell
2/2/2024UBS GroupBoost TargetBuy ➝ Buy$413.00 ➝ $448.00
12/13/2023BNP ParibasDowngradeOutperform ➝ Neutral
12/13/2023HSBCDowngradeBuy ➝ Hold
11/7/2023Evercore ISIInitiated CoverageOutperform$375.00
11/6/2023BarclaysUpgradeEqual Weight ➝ Overweight
11/3/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$340.00 ➝ $350.00
9/1/2023UBS GroupBoost TargetBuy ➝ Buy$368.00 ➝ $375.00
8/25/2023Jefferies Financial GroupBoost TargetHold ➝ Hold$275.00 ➝ $300.00
8/18/2023Sanford C. BernsteinBoost TargetMarket Perform ➝ Market Perform$250.00 ➝ $300.00
8/3/2023UBS GroupBoost Target$365.00 ➝ $368.00
7/31/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$340.00
7/24/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$340.00
7/7/2023Morgan StanleyBoost Target$310.00 ➝ $340.00
7/6/2023Bank of AmericaBoost Target$350.00 ➝ $380.00
5/9/2023UBS GroupBoost Target$345.00 ➝ $365.00
5/8/2023JPMorgan Chase & Co.Boost Target$245.00 ➝ $260.00
5/2/2023BarclaysInitiated CoverageEqual Weight
4/6/2023The Goldman Sachs GroupUpgradeSell ➝ Neutral$182.00 ➝ $283.00
3/29/2023Morgan StanleyReiterated RatingOverweight$310.00
3/7/2023Morgan StanleyBoost TargetOverweight$280.00 ➝ $310.00
2/3/2023UBS GroupBoost Target$274.00 ➝ $330.00
2/3/2023Credit Suisse GroupBoost TargetOutperform$290.00 ➝ $310.00
1/27/2023Credit Suisse GroupBoost TargetOutperform$285.00 ➝ $290.00
1/9/2023CitigroupUpgradeSell ➝ Neutral$230.60
12/12/2022Royal Bank of CanadaBoost Target€261.00 ➝ €265.00
11/3/2022Morgan StanleyLower TargetOverweight$300.00 ➝ $280.00
10/27/2022HSBCUpgradeHold ➝ Buy
8/3/2022UBS GroupBoost TargetBuy$255.00 ➝ $270.00
7/19/2022Sanford C. BernsteinInitiated CoverageMarket Perform
7/8/2022Kepler Capital MarketsUpgradeHold$185.00
7/4/2022Jefferies Financial GroupUpgradeUnderperform ➝ Hold$180.00
6/10/2022Credit Suisse GroupReiterated RatingBuy$285.00
6/8/2022Kepler Capital MarketsUpgradeReduce ➝ Hold
6/8/2022CheuvreuxUpgradeReduce ➝ Hold
5/31/2022CitigroupLower Target€160.00 ➝ €140.00
5/24/2022Morgan StanleyLower TargetOverweight$350.00 ➝ $300.00
4/25/2022JPMorgan Chase & Co.Lower Target$230.00 ➝ $210.00
4/12/2022Exane BNP ParibasUpgradeNeutral ➝ Outperform€255.00
4/12/2022BNP ParibasUpgradeNeutral ➝ Outperform$255.00
4/4/2022UBS GroupBoost TargetBuy$260.00 ➝ $263.00
3/11/2022Redburn PartnersUpgradeNeutral ➝ Buy
2/3/2022UBS GroupLower Target$305.00 ➝ $277.00
12/9/2021Kepler Capital MarketsDowngradeHold ➝ Reduce$210.00 ➝ $220.00
12/2/2021HSBCReiterated RatingHold
11/17/2021Morgan StanleyBoost TargetOverweight$265.00 ➝ $350.00
11/5/2021Royal Bank of CanadaReiterated RatingOutperform
11/3/2021Societe GeneraleUpgradeHold ➝ Buy$240.00 ➝ $290.00
10/21/2021JPMorgan Chase & Co.Boost TargetNeutral$189.00 ➝ $215.00
9/20/2021Exane BNP ParibasDowngradeOutperform ➝ Neutral$256.00
9/16/2021BNP ParibasDowngradeOutperform ➝ Neutral$256.00
9/9/2021Oddo SecuritiesInitiated CoverageOutperform
9/9/2021Oddo BhfInitiated CoverageOutperform
7/16/2021Bank of AmericaLower TargetBuy ➝ Buy$287.00 ➝ $281.00
7/2/2021Kepler Capital MarketsDowngradeHold$185.00
6/13/2021The Goldman Sachs GroupDowngradeBuy ➝ Sell$207.00
5/25/2021Redburn PartnersReiterated RatingBuy ➝ Neutral
5/19/2021Redburn PartnersDowngradeBuy ➝ Neutral
5/11/2021Societe GeneraleReiterated RatingBuy ➝ Hold$269.00 ➝ $231.00
5/6/2021Royal Bank of CanadaReiterated RatingOutperform
5/5/2021Credit Suisse GroupLower TargetOutperform$265.00 ➝ $250.00
5/5/2021Morgan StanleyLower TargetOverweight$273.00 ➝ $265.00
5/5/2021Societe GeneraleDowngradeBuy ➝ Hold$269.00 ➝ $231.00
4/22/2021JPMorgan Chase & Co.Boost TargetNeutral$195.00 ➝ $198.00
3/30/2021UBS GroupLower TargetBuy$247.00 ➝ $238.00
3/5/2021Kepler Capital MarketsReiterated RatingHold
2/11/2021HSBCDowngradeBuy ➝ Hold
2/3/2021Morgan StanleyBoost TargetOverweight$265.00 ➝ $273.00
2/3/2021CitigroupDowngradeNeutral ➝ Sell
1/22/2021JPMorgan Chase & Co.Boost TargetNeutral$180.00 ➝ $195.00
1/17/2021Kepler Capital MarketsDowngradeHold
1/7/2021Smith Barney CitigroupDowngradeBuy ➝ Neutral
12/9/2020Kepler Capital MarketsDowngradeBuy ➝ Hold
12/8/2020Exane BNP ParibasUpgradeUnderperform ➝ Outperform
11/17/2020Bank of AmericaBoost TargetBuy$265.00 ➝ $270.00
11/5/2020Royal Bank of CanadaReiterated RatingOutperform
11/4/2020Societe GeneraleBoost TargetBuy$217.00 ➝ $237.00
11/4/2020Credit Suisse GroupBoost TargetOutperform$198.00 ➝ $240.00
10/22/2020JPMorgan Chase & Co.Boost TargetNeutral$151.00 ➝ $180.00
10/15/2020Bank of AmericaBoost TargetBuy$235.00 ➝ $265.00
10/14/2020UBS GroupBoost TargetBuy$209.00 ➝ $212.00
10/7/2020Societe GeneraleBoost TargetBuy$206.00 ➝ $217.00
9/8/2020Sanford C. BernsteinInitiated CoverageUnderperform
8/12/2020Morgan StanleyBoost TargetOverweight$180.00 ➝ $265.00
8/4/2020Credit Suisse GroupReiterated RatingBuy$198.00
7/8/2020Royal Bank of CanadaInitiated CoverageOutperform
6/19/2020JPMorgan Chase & Co.Boost TargetNeutral$133.00 ➝ $145.00
6/18/2020Kepler Capital MarketsUpgradeBuy
5/21/2020Kepler Capital MarketsUpgradeBuy
5/7/2020HSBCReiterated RatingBuy
5/6/2020Morgan StanleyBoost TargetOverweight$170.00 ➝ $180.00
5/5/2020CSFBLower TargetOutperform$205.00 ➝ $198.00
5/5/2020JPMorgan Chase & Co.Lower TargetNeutral$134.00 ➝ $133.00
5/5/2020UBS GroupLower TargetBuy$180.00 ➝ $176.00
5/5/2020Credit Suisse GroupLower TargetOutperform$205.00 ➝ $198.00
5/4/2020Kepler Capital MarketsUpgradeBuy$170.00
4/28/2020Jefferies Financial GroupDowngradeHold ➝ Underperform$108.00
4/27/2020Morgan StanleyBoost TargetOverweight$163.00 ➝ $170.00
4/16/2020UBS GroupBoost TargetBuy$179.00 ➝ $180.00
4/1/2020Redburn PartnersUpgradeNeutral ➝ Buy
3/27/2020Kepler Capital MarketsReiterated RatingBuy
3/24/2020Morgan StanleyLower TargetOverweight$180.00 ➝ $165.00
3/16/2020Morgan StanleyLower TargetOverweight$185.00 ➝ $180.00
3/11/2020HSBCUpgradeHold ➝ Buy
2/26/2020Kepler Capital MarketsUpgradeBuy
2/6/2020Morgan StanleyBoost TargetOverweight$180.00 ➝ $185.00
1/29/2020Credit Suisse GroupReiterated RatingBuy$205.00
1/10/2020Kepler Capital MarketsUpgradeBuy
(Data available from 12/23/2019 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 25 very positive mentions
  • 96 positive mentions
  • 23 negative mentions
  • 4 very negative mentions
Mentions as of
5/27/2024
  • 8 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/26/2024
  • 13 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/26/2024
  • 29 very positive mentions
  • 103 positive mentions
  • 16 negative mentions
  • 7 very negative mentions
Mentions as of
8/25/2024
  • 23 very positive mentions
  • 62 positive mentions
  • 5 negative mentions
  • 4 very negative mentions
Mentions as of
9/24/2024
  • 28 very positive mentions
  • 86 positive mentions
  • 5 negative mentions
  • 3 very negative mentions
Mentions as of
10/24/2024
  • 20 very positive mentions
  • 77 positive mentions
  • 13 negative mentions
  • 5 very negative mentions
Mentions as of
11/23/2024
  • 27 very positive mentions
  • 83 positive mentions
  • 10 negative mentions
  • 4 very negative mentions
Mentions as of
12/23/2024

Current Sentiment

  • 27 very positive mentions
  • 83 positive mentions
  • 10 negative mentions
  • 4 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Ferrari logo
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.
Read More

Today's Range

Now: $427.58
Low: $422.29
High: $427.59

50 Day Range

MA: $452.55
Low: $422.83
High: $490.37

52 Week Range

Now: $427.58
Low: $330.15
High: $498.23

Volume

134,404 shs

Average Volume

281,098 shs

Market Capitalization

$79.00 billion

P/E Ratio

49.66

Dividend Yield

0.58%

Beta

0.95

Frequently Asked Questions

What sell-side analysts currently cover shares of Ferrari?

The following Wall Street sell-side analysts have issued reports on Ferrari in the last twelve months: Bank of America Co., Barclays PLC, Citigroup Inc., Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Sanford C. Bernstein, StockNews.com, and UBS Group AG.
View the latest analyst ratings for RACE.

What is the current price target for Ferrari?

0 Wall Street analysts have set twelve-month price targets for Ferrari in the last year. Their average twelve-month price target is $507.14, suggesting a possible upside of 20.1%. Evercore ISI has the highest price target set, predicting RACE will reach $565.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $403.00 for Ferrari in the next year.
View the latest price targets for RACE.

What is the current consensus analyst rating for Ferrari?

Ferrari currently has 1 sell rating, 1 hold rating and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RACE.

What other companies compete with Ferrari?

Other companies that are similar to Ferrari include Toyota Motor, Stellantis, Li Auto, Rivian Automotive and Magna International. Learn More about companies similar to Ferrari.

How do I contact Ferrari's investor relations team?

Ferrari's physical mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The company's listed phone number is 390536949111. The official website for Ferrari is www.ferrari.com. Learn More about contacing Ferrari investor relations.