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Ferrari (RACE) Stock Forecast, Price Target & Predictions

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RACE Stock Forecast

Ferrari (RACE) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $542.50, with a high of $565.00 and a low of $520.00. This represents a 26.46% increase from the last price of $428.99.

$300 $360 $420 $480 $540 $600 High: $565 Avg: $542.5 Low: $520 Last Closed Price: $428.99

RACE Stock Rating

Ferrari stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 1 Strong Buy (8.33%), 6 Buy (50.00%), 2 Hold (16.67%), 3 Sell (25.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 0 3 2 6 1 Strong Sell Sell Hold Buy Strong Buy

RACE Forecast vs Benchmarks

TypeNameUpside
StockFerrari26.46%
SectorConsumer Cyclical Stocks 4.57%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$462.33
Last Closing Price$428.99$428.99$428.99
Upside/Downside--7.77%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25463-114
Dec, 24463-114
Nov, 244633117
Oct, 244663120
Sep, 243663119
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Michael BinettiEvercore ISI$565.00$480.1817.66%31.70%
Aug 27, 2024Adam JonasMorgan Stanley$520.00$488.306.49%21.21%
Jun 24, 2024Robert KrankowskiUBS$478.00$422.1013.24%11.42%
May 22, 2024Adam JonasMorgan Stanley$400.00$417.96-4.30%-6.76%
May 10, 2024James GrzinicJefferies$403.00$407.43-1.09%-6.06%
May 07, 2024Philippe HoucholsJefferies$408.00$427.66-4.60%-4.89%
Feb 03, 2023Credit Suisse$310.00$260.4019.05%-27.74%
Aug 03, 2022UBS$270.00$212.0227.35%-37.06%
Jul 04, 2022Philippe HouchoisJefferies$180.00$187.94-4.22%-58.04%
Apr 09, 2022Susy TibaldiUBS$263.00$219.5119.81%-38.69%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Evercore ISIOutperformOutperformhold
Oct 21, 2024BarclaysOverweightOverweighthold
Sep 09, 2024CitigroupSellSellhold
Aug 27, 2024Morgan StanleyOverweightOverweighthold
Aug 02, 2024BarclaysOverweightupgrade
Jun 24, 2024UBSBuyBuyhold
May 22, 2024Morgan StanleyOverweightOverweighthold
May 13, 2024RBC CapitalOutperformOutperformhold
May 07, 2024JefferiesHoldHoldhold
Dec 13, 2023HSBCBuyNegativeupgrade

Financial Forecast

EPS Forecast

$3 $4 $5 $6 $7 $8 $9 $10 $11 $12 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$3.29$4.50$5.05$6.91----
Avg Forecast$3.50$4.99$5.37$7.38$8.39$9.26$10.68$11.59
High Forecast$3.41$4.86$5.19$6.88$8.23$9.12$9.78$11.27
Low Forecast$3.77$5.37$5.64$7.78$8.55$9.45$11.14$11.86
Surprise %-6.00%-9.82%-5.96%-6.37%----

Revenue Forecast

$3B $4B $5B $7B $8B $9B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$3.46B$4.27B$5.10B$5.97B----
Avg Forecast$4.22B$4.86B$5.35B$6.57B$6.83B$7.44B$8.16B$8.55B
High Forecast$4.13B$4.76B$5.21B$6.44B$6.77B$7.40B$7.98B$8.55B
Low Forecast$4.46B$5.15B$5.56B$6.65B$6.91B$7.50B$8.34B$8.56B
Surprise %-17.98%-12.21%-4.79%-9.07%----

Net Income Forecast

$0 $500M $1B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$607.82M$830.77M$932.61M$1.25B----
Avg Forecast$508.36M$685.89M$790.91M$1.25B$1.52B$1.68B$1.81B$2.10B
High Forecast$406.69M$548.71M$632.73M$1.00B$1.49B$1.65B$1.78B$2.05B
Low Forecast$610.04M$823.07M$949.10M$1.50B$1.55B$1.71B$2.02B$2.15B
Surprise %19.56%21.12%17.92%-----

RACE Forecast FAQ

Is Ferrari stock a buy?

Ferrari stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 6 Buy, 2 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Ferrari is a favorable investment for most analysts.

What is Ferrari's price target?

Ferrari's price target, set by 12 Wall Street analysts, averages $542.5 over the next 12 months. The price target range spans from $520 at the low end to $565 at the high end, suggesting a potential 26.46% change from the previous close price of $428.99.

How does Ferrari stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ferrari stock forecast shows a 26.46% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%).

What is the breakdown of analyst ratings for Ferrari over the past three months?

  • January 2025: 28.57% Strong Buy, 42.86% Buy, 21.43% Hold, 0% Sell, 7.14% Strong Sell.
  • December 2024: 28.57% Strong Buy, 42.86% Buy, 21.43% Hold, 0% Sell, 7.14% Strong Sell.
  • November 2024: 23.53% Strong Buy, 35.29% Buy, 17.65% Hold, 17.65% Sell, 5.88% Strong Sell.

What is Ferrari’s EPS forecast?

Ferrari's average annual EPS forecast for its fiscal year ending in December is 8.39 for 2024, a 21.42% increase from the reported $6.91 in 2023. The prediction for 2025 is $9.26, $10.68 for 2026, and $11.59 for 2027.

What is Ferrari’s revenue forecast?

Ferrari's average annual revenue forecast for its fiscal year ending in December is $6.83B for 2024, a 14.44% increase from the reported $5.97B in 2023. The forecast for 2025 is $7.44B, $8.16B for 2026, and $8.55B for 2027.

What is Ferrari’s net income forecast?

For its fiscal year ending in December, Ferrari's average annual net income forecast is $1.52B for 2024, reflecting an 21.63% increase from the reported $1.25B in 2023. The projection for 2025 is $1.68B, $1.81B for 2026, and $2.1B for 2027.