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 11.35% upside for Ferrari NV from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
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 | $412.21 | -2.96% | Morgan Stanley | Adam Jonas | → $400 | Maintains | Overweight | Get Alert |
04/22/2024 | RACE | Buy Now | Ferrari | $412.21 | 12.81% | Evercore ISI Group | Michael Binetti | $430 → $465 | Maintains | Outperform | Get Alert |
04/18/2024 | RACE | Buy Now | Ferrari | $412.21 | 24.21% | Bernstein | Stephen Reitman | $448 → $512 | Maintains | Outperform | Get Alert |
04/10/2024 | RACE | Buy Now | Ferrari | $412.21 | 24.21% | B of A Securities | John Murphy | $458 → $512 | Maintains | Buy | Get Alert |
04/04/2024 | RACE | Buy Now | Ferrari | $412.21 | — | Barclays | Henning Cosman | — | Downgrade | Overweight → Equal-Weight | Get Alert |
02/02/2024 | RACE | Buy Now | Ferrari | $412.21 | 8.68% | UBS | Susy Tibaldi | $413 → $448 | Maintains | Buy | Get Alert |
12/13/2023 | RACE | Buy Now | Ferrari | $412.21 | — | Exane BNP Paribas | Giulio Pescatore | — | Downgrade | Outperform → Neutral | Get Alert |
11/07/2023 | RACE | Buy Now | Ferrari | $412.21 | -9.03% | Evercore ISI Group | Michael Binetti | → $375 | Initiates | → Outperform | Get Alert |
11/03/2023 | RACE | Buy Now | Ferrari | $412.21 | -15.09% | Morgan Stanley | Adam Jonas | $340 → $350 | Maintains | Overweight | Get Alert |
09/01/2023 | RACE | Buy Now | Ferrari | $412.21 | -9.03% | UBS | Susy Tibaldi | $368 → $375 | Maintains | Buy | Get Alert |
08/25/2023 | RACE | Buy Now | Ferrari | $412.21 | -27.22% | Jefferies | Philippe Houchois | $275 → $300 | Maintains | Hold | Get Alert |
08/18/2023 | RACE | Buy Now | Ferrari | $412.21 | -27.22% | Bernstein | Arndt Ellinghorst | $250 → $300 | Maintains | Market Perform | Get Alert |
08/01/2023 | RACE | Buy Now | Ferrari | $412.21 | -17.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
07/31/2023 | RACE | Buy Now | Ferrari | $412.21 | -17.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
07/24/2023 | RACE | Buy Now | Ferrari | $412.21 | -17.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
07/17/2023 | RACE | Buy Now | Ferrari | $412.21 | -17.52% | Morgan Stanley | Adam Jonas | $340 → $340 | Reiterates | Overweight → Overweight | Get Alert |
07/07/2023 | RACE | Buy Now | Ferrari | $412.21 | -17.52% | Morgan Stanley | Adam Jonas | $310 → $340 | Maintains | Overweight | Get Alert |
06/27/2023 | RACE | Buy Now | Ferrari | $412.21 | -24.8% | Morgan Stanley | Adam Jonas | $310 → $310 | Reiterates | Overweight → Overweight | Get Alert |
06/26/2023 | RACE | Buy Now | Ferrari | $412.21 | -24.8% | Morgan Stanley | Adam Jonas | $310 → $310 | Reiterates | Overweight → Overweight | Get Alert |
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 -2.96% downside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Ferrari (NYSE: RACE) was provided by Morgan Stanley, and Ferrari maintained their overweight rating.
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.
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.
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.
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 $412.21, which is out of the analyst’s predicted range.
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