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Ferrari

RACENYSE
Logo brought to you by Benzinga Data
$470.00
12.472.73%
Last update: 9:29 AM
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$520.00
Lowest Price Target1
$260.00
Consensus Price Target1
$382.54

Ferrari (NYSE:RACE) Stock, Analyst Ratings, Price Targets, Forecasts

Ferrari NV has a consensus price target of $382.54 based on the ratings of 17 analysts. The high is $520 issued by Morgan Stanley on August 27, 2024. The low is $260 issued by JP Morgan on May 8, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, UBS, and Jefferies on August 27, 2024, June 24, 2024, and May 10, 2024, respectively. With an average price target of $467 between Morgan Stanley, UBS, and Jefferies, there's an implied -0.64% downside for Ferrari NV from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Apr
0
0
0
0
May
0
0
0
0
Jun
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
UBS
Jefferies
Evercore ISI Group
Bernstein

1calculated from analyst ratings

Analyst Ratings for Ferrari

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Ferrari (RACE) stock?

A

The latest price target for Ferrari (NYSE:RACE) was reported by Morgan Stanley on August 27, 2024. The analyst firm set a price target for $520.00 expecting RACE to rise to within 12 months (a possible 10.64% upside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ferrari (RACE)?

A

The latest analyst rating for Ferrari (NYSE:RACE) was provided by Morgan Stanley, and Ferrari maintained their overweight rating.

Q

When was the last upgrade for Ferrari (RACE)?

A

The last upgrade for Ferrari NV happened on August 2, 2024 when Barclays raised their price target to N/A. Barclays previously had an equal-weight for Ferrari NV.

Q

When was the last downgrade for Ferrari (RACE)?

A

The last downgrade for Ferrari NV happened on April 4, 2024 when Barclays changed their price target from N/A to N/A for Ferrari NV.

Q

When is the next analyst rating going to be posted or updated for Ferrari (RACE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ferrari, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ferrari was filed on August 27, 2024 so you should expect the next rating to be made available sometime around August 27, 2025.

Q

Is the Analyst Rating Ferrari (RACE) correct?

A

While ratings are subjective and will change, the latest Ferrari (RACE) rating was a maintained with a price target of $400.00 to $520.00. The current price Ferrari (RACE) is trading at is $470.00, which is within the analyst’s predicted range.

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