Ferrari NV (RACE)
NYSE:RACE

Ferrari (RACE) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

RACE Analyst Ratings

Moderate Buy
8Ratings
5 Buy
2 Hold
1 Sell
Based on 8 analysts giving stock ratings to
Ferrari
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

RACE Stock 12 Months Forecast

Average Price Target

$237.98
▲(5.03% Upside)
Based on 8 Wall Street analysts offering 12 month price targets for Ferrari in the last 3 months. The average price target is $237.98 with a high forecast of $280.00 and a low forecast of $189.76. The average price target represents a 5.03% change from the last price of $226.58.
Highest Price Target$280.00Average Price Target$237.98Lowest Price Target$189.76
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Bernstein
$208.52
Hold
-7.97%
Downside
Initiated
Ferrari initiated with a Market Perform at BernsteinFerrari initiated with a Market Perform at Bernstein
Jefferies
$180.00
Hold
-20.56%
Downside
Upgraded
Jefferies upgrades Ferrari (RACE) to HoldJefferies analyst Philippe Houchols upgraded Ferrari (NYSE: RACE) from Underperform to Hold with a price target of $180.00 (from $140.00).
Credit Suisse
$285.00
Buy
25.78%
Upside
Reiterated
Ferrari (RACE) Building an EV Line Improves Direction but May Drive Guidance Miss - Credit SuisseCredit Suisse analyst Michael Binetti reiterated an Outperform rating and $285.00 price target on Ferrari (NYSE: RACE) after Bloomberg reported that the company has purchased property next to its Maranello, Italy HQ to build a 3rd production line dedicated to hybrid/electric vehicles.
BNP Paribas
$265.87
Buy
17.34%
Upside
Upgraded
Ferrari upgraded to Outperform from Neutral at Exane BNP ParibasFerrari upgraded to Outperform from Neutral at Exane BNP Paribas
Redburn Partners
Buy
Upgraded
Redburn Upgrades Ferrari NV (RACE:IM) (RACE) to BuyRedburn analyst Charles Coldicott upgraded Ferrari NV (RACE:IM) (NYSE: RACE) from Neutral to Buy with a price target of EUR0.00.
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RACE Financial Forecast

RACE Earnings Forecast
Next quarter’s earnings estimate for RACE is $1.24 with a range of $1.14 to $1.40. The previous quarter’s EPS was $1.30. RACE beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.56% of the time in the same period. In the last calendar year RACE has Outperformed its overall industry.
Next quarter’s earnings estimate for RACE is $1.24 with a range of $1.14 to $1.40. The previous quarter’s EPS was $1.30. RACE beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.56% of the time in the same period. In the last calendar year RACE has Outperformed its overall industry.
RACE Sales Forecast
Next quarter’s sales forecast for RACE is $1.36B with a range of $1.33B to $1.40B. The previous quarter’s sales results were $1.32B. RACE beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 68.06% of the time in the same period. In the last calendar year RACE has Outperformed its overall industry.
Next quarter’s sales forecast for RACE is $1.36B with a range of $1.33B to $1.40B. The previous quarter’s sales results were $1.32B. RACE beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 68.06% of the time in the same period. In the last calendar year RACE has Outperformed its overall industry.
RACE Analyst Recommendation Trends
In the current month, RACE has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The RACE average analyst price target in the past 3 months is $237.98
In the current month, RACE has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The RACE average analyst price target in the past 3 months is $237.98

RACE Stock Forecast FAQ

What is RACE’s average 12-month price target, according to analysts?
Based on analyst ratings, Ferrari’s 12-month average price target is $237.98.
    What is RACE’s upside potential, based on the analysts’ average price target?
    Ferrari has 5.03% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is RACE a Buy, Sell or Hold?
          Ferrari has a conensus rating of Moderate Buy which is based on 5 buy ratings, 2 hold ratings and 1 sell ratings.
            What is Ferrari’s price target?
            The average price target for Ferrari is $237.98. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $280.00 ,the lowest forecast is $189.76. The average price target represents 5.03% Increase from the current price of $226.58.
              What do analysts say about Ferrari?
              Ferrari’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.

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