$422.46
2.13[0.51%]
At close: Apr 24
$422.46
0[0.00%]
PreMarket: 9:29AM EDT
Ferrari Stock (NYSE:RACE), Analyst Ratings, Price Targets, Predictions
Ferrari NV has a consensus price target of $246.58, established from looking at the 44 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Evercore ISI Group, and Bernstein on April 22, 2024, April 22, 2024, and April 18, 2024. With an average price target of $459 between Morgan Stanley, Evercore ISI Group, and Bernstein, there's an implied 8.65% upside for Ferrari NV from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Evercore ISI Group
Bernstein
B of A Securities
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ferrari
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | RACE | Buy Now | Ferrari | $422.46 | -5.32% | Morgan Stanley | Adam Jonas | → $400 | Maintains | Overweight | Get Alert |
| 04/22/2024 | RACE | Buy Now | Ferrari | $422.46 | 10.07% | Evercore ISI Group | Michael Binetti | $430 → $465 | Maintains | Outperform | Get Alert |
| 04/18/2024 | RACE | Buy Now | Ferrari | $422.46 | 21.19% | Bernstein | Stephen Reitman | $448 → $512 | Maintains | Outperform | Get Alert |
| 04/10/2024 | RACE | Buy Now | Ferrari | $422.46 | 21.19% | B of A Securities | John Murphy | $458 → $512 | Maintains | Buy | Get Alert |
| 04/04/2024 | RACE | Buy Now | Ferrari | $422.46 | — | Barclays | Henning Cosman | — | Downgrade | Overweight → Equal-Weight | Get Alert |
| 02/02/2024 | RACE | Buy Now | Ferrari | $422.46 | 6.05% | UBS | Susy Tibaldi | $413 → $448 | Maintains | Buy | Get Alert |
| 12/13/2023 | RACE | Buy Now | Ferrari | $422.46 | — | Exane BNP Paribas | Giulio Pescatore | — | Downgrade | Outperform → Neutral | Get Alert |
| 11/07/2023 | RACE | Buy Now | Ferrari | $422.46 | -11.23% | Evercore ISI Group | Michael Binetti | → $375 | Initiates | → Outperform | Get Alert |
| 11/03/2023 | RACE | Buy Now | Ferrari | $422.46 | -17.15% | Morgan Stanley | Adam Jonas | $340 → $350 | Maintains | Overweight | Get Alert |
| 09/01/2023 | RACE | Buy Now | Ferrari | $422.46 | -11.23% | UBS | Susy Tibaldi | $368 → $375 | Maintains | Buy | Get Alert |
| 08/25/2023 | RACE | Buy Now | Ferrari | $422.46 | -28.99% | Jefferies | Philippe Houchois | $275 → $300 | Maintains | Hold | Get Alert |
| 08/18/2023 | RACE | Buy Now | Ferrari | $422.46 | -28.99% | Bernstein | Arndt Ellinghorst | $250 → $300 | Maintains | Market Perform | Get Alert |
| 08/01/2023 | RACE | Buy Now | Ferrari | $422.46 | -19.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
| 07/31/2023 | RACE | Buy Now | Ferrari | $422.46 | -19.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
| 07/24/2023 | RACE | Buy Now | Ferrari | $422.46 | -19.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
| 07/17/2023 | RACE | Buy Now | Ferrari | $422.46 | -19.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
| 07/07/2023 | RACE | Buy Now | Ferrari | $422.46 | -19.52% | Morgan Stanley | Adam Jonas | $310 → $340 | Maintains | Overweight | Get Alert |
| 06/27/2023 | RACE | Buy Now | Ferrari | $422.46 | -26.62% | Morgan Stanley | Adam Jonas | $310 → $310 | Reiterates | Overweight → Overweight | Get Alert |
| 06/26/2023 | RACE | Buy Now | Ferrari | $422.46 | -26.62% | Morgan Stanley | Adam Jonas | $310 → $310 | Reiterates | Overweight → Overweight | Get Alert |
FAQ
What is the target price for Ferrari (RACE)?
The latest price target for Ferrari (NYSE: RACE) was reported by Morgan Stanley on April 22, 2024. The analyst firm set a price target for $400.00 expecting RACE to fall to within 12 months (a possible -5.32% downside). 23 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ferrari (RACE)?
The latest analyst rating for Ferrari (NYSE: RACE) was provided by Morgan Stanley, and Ferrari maintained their overweight rating.
When was the last upgrade for Ferrari (RACE)?
The last upgrade for Ferrari NV happened on May 5, 2023 when CFRA raised their price target to $340. CFRA previously had a buy for Ferrari NV.
When was the last downgrade for Ferrari (RACE)?
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.
When is the next analyst rating going to be posted or updated for Ferrari (RACE)?
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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
Is the Analyst Rating Ferrari (RACE) correct?
While ratings are subjective and will change, the latest Ferrari (RACE) rating was a maintained with a price target of $0.00 to $400.00. The current price Ferrari (RACE) is trading at is $422.46, which is out of the analyst’s predicted range.
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