FMP
Ferrari N.V.
RACE
NYSE
Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.
432 USD
34.14 (7.9%)
Mr. Benedetto Vigna
Consumer Cyclical
Auto - Manufacturers
NYSE
Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clien...
0001648416
NL0011585146
N3167Y103
Via Abetone Inferiore n. 4
39 0536 94 91 11
IT
5,435
Oct 21, 2015
0001648416
NYSE
Auto - Manufacturers
Consumer Cyclical
N3167Y103
NL0011585146
IT
432
0.67
495.29k
77.35B
-
391.54-509.13
180.45
-
-
-
-
46.4
-
https://www.ferrari.com
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Danny Green
Oct 21, 2024
On October 21, 2024, Barclays maintained its "Overweight" rating for Ferrari (NYSE:RACE), suggesting confidence in the company's future performance. The stock price at the time was $480.18, and Barclays increased Ferrari's price target from EUR 450 to EUR 500, as highlighted by TheFly. This indicates a positive outlook for Ferrari's stock, despite recent fluctuations. Ferrari is actively progressing with its share buyback program, which is part of a larger initiative valued at approximately €2 ...
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The Motley Fool
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Strong revenue and earnings growth have propelled Ferrari. The company's brand stands for exclusivity, leading to impressive pricing power.
Tony Dante
Aug 14, 2024
Ferrari, known for its luxury sports cars, has recently made headlines with its upgraded forecasts for full-year revenues and core earnings, showcasing a robust performance in the second quarter. This Italian automaker, trading under the symbol NYSE:RACE, has been a symbol of prestige and performance in the automotive industry. The company's success can be attributed to its enhanced product offering and the increasing demand for personalized luxury sports cars. Ferrari's strategic focus on custo...
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Ferrari reported strong second quarter results, beating estimates with revenue growth, margin improvement, and EPS growth. The company's unique business model, scarcity of products, and control over sales contribute to consistent growth and margin expansion. Analyst consensus on Ferrari's valuation and growth potential is underestimated, with the company expected to outperform expectations in the future.
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