Ferrari N.V. (NYSE:RACE) Given Consensus Rating of “Moderate Buy” by Analysts

Ferrari N.V. (NYSE:RACE) has been assigned an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $477.1518.

RACE has been the topic of a number of recent research reports. Sanford C. Bernstein upped their price target on Ferrari from $402.00 to $460.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Morgan Stanley reissued an “overweight” rating and issued a $442.00 price objective on shares of Ferrari in a report on Friday, July 31st. Wolfe Research initiated coverage on Ferrari in a report on Tuesday, July 7th. They issued an “outperform” rating for the company. Evercore reiterated an “outperform” rating and issued a $485.00 target price on shares of Ferrari in a research note on Friday, July 31st. Finally, UBS Group dropped their price target on shares of Ferrari from $497.00 to $490.00 and set a “buy” rating on the stock in a research note on Friday, July 31st.

Institutional Investors Weigh In On Ferrari

Institutional investors have recently made changes to their positions in the stock. Amundi grew its position in shares of Ferrari by 3.4% in the second quarter. Amundi now owns 3,060,265 shares of the company’s stock valued at $1,139,306,000 after purchasing an additional 101,906 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Ferrari during the 2nd quarter worth about $38,000. HB Wealth Management LLC boosted its stake in Ferrari by 10.4% in the 2nd quarter. HB Wealth Management LLC now owns 1,164 shares of the company’s stock worth $434,000 after purchasing an additional 110 shares during the period. Raiffeisen Bank International AG boosted its stake in Ferrari by 5.0% in the 2nd quarter. Raiffeisen Bank International AG now owns 1,458 shares of the company’s stock worth $543,000 after purchasing an additional 70 shares during the period. Finally, Syon Capital LLC grew its holdings in Ferrari by 12.7% during the 2nd quarter. Syon Capital LLC now owns 1,627 shares of the company’s stock valued at $606,000 after buying an additional 183 shares in the last quarter.

Ferrari Trading Up 0.1%

NYSE:RACE opened at $420.86 on Monday. Ferrari has a 12 month low of $312.51 and a 12 month high of $504.49. The company has a current ratio of 4.85, a quick ratio of 3.70 and a debt-to-equity ratio of 0.86. The firm’s 50 day moving average is $390.23 and its 200 day moving average is $363.33. The stock has a market capitalization of $98.46 billion, a PE ratio of 39.07, a price-to-earnings-growth ratio of 3.61 and a beta of 0.91.

Ferrari (NYSE:RACE) last announced its quarterly earnings data on Friday, July 31st. The company reported $2.99 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.14 billion. During the same period in the prior year, the company earned $2.38 earnings per share. Ferrari’s revenue was up 8.4% compared to the same quarter last year. Sell-side analysts expect that Ferrari will post 11.18 earnings per share for the current year.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari is reportedly preparing to introduce its upgraded ADUO F1 power unit at the Italian Grand Prix in Monza. A successful upgrade could improve Ferrari’s competitiveness, generate valuable publicity and support the brand’s marketing platform. Ferrari makes crucial upgraded F1 engine decision for Italian GP Ferrari ready to fire up ADUO engine upgrade at Monza
• Positive Sentiment: Ferrari unveiled special Michael Schumacher-inspired race suits and a commemorative livery for its home race at Monza, with Lewis Hamilton expected to participate in the tribute. The initiative reinforces Ferrari’s heritage and fan engagement, potentially supporting its premium-brand appeal and merchandise exposure. Ferrari unveils Michael Schumacher race suits for F1 Italian GP
• Positive Sentiment: An American billionaire reportedly paid $40 million for Ferrari’s first Luce electric vehicle, far above its estimated $1.1 million presale price. Although the tax savings benefit the buyer rather than Ferrari directly, the transaction highlights exceptional pricing power, exclusivity and demand for Ferrari’s limited-production vehicles. American billionaire bought the first Ferrari Luce
• Neutral Sentiment: Ferrari’s Formula 1 leadership identified performance goals after reportedly strong pace at Zandvoort, while a new active-bodywork patent points to possible future hypercar innovation. These developments support the long-term brand narrative but have no confirmed near-term financial impact. Ferrari’s New Active Bodywork Patent
• Negative Sentiment: A high-value Ferrari race car was reportedly involved in a track-day crash. The incident appears isolated and is unlikely to materially affect Ferrari N.V.’s earnings, though it creates limited negative publicity.

Ferrari Company Profile

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.