Ferrari N.V. (NYSE:RACE) Receives $469.06 Consensus PT from Analysts

Shares of Ferrari N.V. (NYSE:RACE) have earned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and three have issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $469.0609.

A number of research firms recently issued reports on RACE. Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Zacks Research upgraded Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. upped their price objective on shares of Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Morgan Stanley set a $420.00 price target on shares of Ferrari in a research report on Monday, February 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ferrari in a report on Friday, April 10th.

Institutional Trading of Ferrari

Large investors have recently bought and sold shares of the business. Segall Bryant & Hamill LLC purchased a new stake in Ferrari in the 1st quarter valued at $537,000. Western Wealth Management LLC acquired a new position in shares of Ferrari during the 1st quarter valued at about $101,000. Janus Henderson Group PLC grew its holdings in shares of Ferrari by 259.3% in the first quarter. Janus Henderson Group PLC now owns 320,942 shares of the company’s stock valued at $107,563,000 after purchasing an additional 231,614 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Ferrari by 21.7% in the first quarter. EverSource Wealth Advisors LLC now owns 902 shares of the company’s stock valued at $305,000 after purchasing an additional 161 shares during the period. Finally, Empowered Funds LLC increased its position in Ferrari by 40,866.7% during the first quarter. Empowered Funds LLC now owns 27,038 shares of the company’s stock worth $9,151,000 after purchasing an additional 26,972 shares during the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari’s CEO said the Luce is already attracting orders from both existing and new customers, suggesting the controversial launch may still support demand. Article Title
• Positive Sentiment: Some analysts view the selloff as an opportunity, arguing the Luce backlash may create an attractive entry point for a high-quality luxury compounder. Article Title
• Neutral Sentiment: Ferrari framed the Luce as the culmination of its multi-energy strategy, reinforcing that the EV is part of a longer-term product transition rather than a one-off experiment. Article Title
• Negative Sentiment: The Luce’s debut triggered heavy criticism online, with many calling the design too unconventional for Ferrari and questioning whether the brand is losing its mystique. Article Title
• Negative Sentiment: Reports say the first EV launch wiped billions from Ferrari’s market value, reflecting concern that the brand’s most loyal customers may reject the new direction. Article Title
• Negative Sentiment: Commentary from CNBC and other outlets suggests the market is worried about the $640,000 price tag and the risk that Ferrari’s EV strategy could dilute the brand if demand disappoints. Article Title

Ferrari Trading Down 1.6%

Ferrari stock opened at $340.98 on Friday. Ferrari has a 52 week low of $312.51 and a 52 week high of $519.10. The company has a quick ratio of 4.08, a current ratio of 5.20 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $79.77 billion, a price-to-earnings ratio of 32.72, a price-to-earnings-growth ratio of 3.29 and a beta of 0.95. The stock has a 50-day moving average price of $340.26 and a 200 day moving average price of $357.85.

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.