Shares of Ferrari N.V. (NYSE:RACE – Get Free Report) have received a consensus rating of “Moderate Buy” from the eighteen brokerages that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $478.79.
A number of brokerages have recently weighed in on RACE. Evercore restated an “outperform” rating and set a $485.00 price target on shares of Ferrari in a research note on Friday, July 31st. UBS Group reiterated a “buy” rating on shares of Ferrari in a research note on Monday. Citigroup reissued a “neutral” rating on shares of Ferrari in a research report on Monday, August 3rd. Morgan Stanley restated an “overweight” rating and set a $460.00 price target on shares of Ferrari in a research note on Thursday, September 10th. Finally, Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a report on Friday, July 31st.
View Our Latest Analysis on RACE
Ferrari Price Performance
Ferrari (NYSE:RACE – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.16. Ferrari had a return on equity of 42.83% and a net margin of 22.29%.The business had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the prior year, the firm posted $2.38 earnings per share. The business’s quarterly revenue was up 8.4% on a year-over-year basis. As a group, analysts predict that Ferrari will post 11.23 earnings per share for the current fiscal year.
More Ferrari News
Here are the key news stories impacting Ferrari this week:
- Positive Sentiment: Ferrari’s F1 team plans to continue developing its 2026 car through the end of the season and is preparing additional upgrades for Lewis Hamilton’s title effort. While this is not an immediate financial catalyst, stronger on-track results could support brand visibility and the company’s premium pricing power. Ferrari plans final 2026 F1 upgrades Ferrari F1 development continues
- Positive Sentiment: Planned publicity events involving a Ferrari SF90 racing an Italian F-35B fighter jet, along with features on Ferrari’s historic hydroplane, reinforce the brand’s performance image. The likely investor impact is limited because these are marketing and entertainment stories rather than revenue drivers. Ferrari and F-35 race Ferrari hydroplane history
- Neutral Sentiment: Commentators disagree about Ferrari’s F1 leadership and championship prospects, with former driver Marc Surer calling team principal Frédéric Vasseur weak and others saying Ferrari’s 2026 title hopes are effectively over. These comments may hurt sentiment but have no direct effect on near-term financial results. Criticism of Ferrari F1 leadership Ferrari F1 title outlook
- Negative Sentiment: Bentley is entering the high-end EV market with a roughly $230,000 model and says wealthy buyers are increasingly accepting electric vehicles. This highlights growing competition for Ferrari as it expands electrification, although the article does not indicate an immediate impact on Ferrari sales. Bentley launches luxury EV
- Negative Sentiment: A report about a more powerful Ferrari 296 includes an unspecified drawback, potentially raising questions about practicality or positioning within Ferrari’s performance lineup. The story is product-focused and provides no evidence of a material earnings change. Ferrari 296 performance model
Hedge Funds Weigh In On Ferrari
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. grew its stake in Ferrari by 3.2% in the fourth quarter. Coldstream Capital Management Inc. now owns 1,275 shares of the company’s stock worth $471,000 after purchasing an additional 39 shares in the last quarter. IPG Investment Advisors LLC increased its holdings in Ferrari by 5.3% in the second quarter. IPG Investment Advisors LLC now owns 790 shares of the company’s stock valued at $293,000 after buying an additional 40 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Ferrari by 5.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 751 shares of the company’s stock valued at $279,000 after buying an additional 41 shares in the last quarter. Rehmann Capital Advisory Group raised its stake in Ferrari by 6.1% during the second quarter. Rehmann Capital Advisory Group now owns 805 shares of the company’s stock valued at $300,000 after buying an additional 46 shares in the last quarter. Finally, Compound Planning Inc. lifted its holdings in Ferrari by 5.3% during the 1st quarter. Compound Planning Inc. now owns 998 shares of the company’s stock worth $338,000 after buying an additional 50 shares during the last quarter.
About Ferrari
Ferrari N.V. is an Italian luxury automotive company headquartered in Maranello, Italy. The company designs, develops, manufactures and sells high-performance sports cars, grand touring vehicles, supercars and limited-edition models under the Ferrari brand.
Ferrari’s business includes vehicle personalization, after-sales services, replacement parts and accessories, as well as branded merchandise, licensing and retail activities. The company also supports its brand through customer experiences, events and the Ferrari racing business, including its long-standing participation in Formula One.
Ferrari traces its origins to Enzo Ferrari, who established Auto Avio Costruzioni in 1939 before producing its first Ferrari-badged car in 1947.
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