Summary:
- Ferrari (RACE, Financial) shows strong performance, leading the industry with a 4.7% year-to-date increase.
- Upcoming model launches, including a fully electric vehicle, are sparking investor enthusiasm.
- Analysts predict a potential upside of over 10% for Ferrari's stock with a "Outperform" rating.
Ferrari (RACE) continues to outshine its competition, as evidenced by its 4.7% stock rise since the beginning of the year, with continual gains over the past six weeks. The luxury automaker's strategy of rolling out new models, including its eagerly awaited fully electric vehicle, has stoked investor confidence and interest. Despite challenges such as tariffs, Ferrari benefits from its high-net-worth customer base, ensuring its resilience and market strength.
Wall Street Analysts Forecast
According to projections from 10 financial analysts, Ferrari NV (RACE, Financial) has an average one-year price target of $493.28. The estimates range from a high of $581.90 to a low of $413.46. This average target suggests a promising upside of 10.31% from the current stock price of $447.16. For more in-depth estimate data, visit Ferrari NV (RACE) Forecast page.
Eleven brokerage firms have contributed to a consensus recommendation for Ferrari NV (RACE, Financial), resulting in an average brokerage recommendation score of 2.4. This indicates an "Outperform" status, with the rating scale where 1 denotes a Strong Buy and 5 represents Sell. This consensus reflects positive market sentiment and investor confidence in Ferrari's strategic direction.
From the perspective of GuruFocus, the estimated GF Value for Ferrari NV (RACE, Financial) stands at $458.77 one year out, hinting at a moderate upside of 2.6% from the current price of $447.16. The GF Value is GuruFocus' fair value estimate, derived from the stock's historical trading multiples, past business performance, and future business growth forecasts. For a deeper dive into these metrics, explore the Ferrari NV (RACE) Summary page.
