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.
460.8 USD
3.98 (0.864%)
Latest RACE News
Danny Green
Oct 21, 2024
Ferrari (NYSE:RACE) Maintains Positive Outlook with Barclays' "Overweight" Rating
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 ...
CNBC Television
Aug 20, 2024
Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation
The Investment Committee discuss the latest Calls of the Day.
The Motley Fool
Aug 19, 2024
3 Consumer Discretionary Stocks to Buy and Hold for Great Long-Term Potential
Tapestry owns famous brands such as Kate Spade and Coach and has been delivering solid growth over the years. Ralph Lauren is a luxury apparel brand that has broad appeal and is steadily growing its worldwide presence.
The Motley Fool
Aug 15, 2024
1 Phenomenal Stock Up 166% in 5 Years: Is It Too Late to Buy?
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 Upgrades Full-Year Forecasts Amid Strong Q2 Performance
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...
Seeking Alpha
Aug 4, 2024
Ferrari: After Q2 Earnings Beat, Consensus Estimates Still Seem Low
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.
Zacks Investment Research
Aug 2, 2024
ALSN vs. RACE: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
InvestorPlace
Aug 1, 2024
The Top 3 Auto Stocks to Buy Now: Summer 2024
At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs.
Investopedia
Aug 1, 2024
Ferrari Lifts Full-Year Guidance on Q2 Shipment Growth
Ferrari (RACE) boosted its full-year guidance when delivering second-quarter results that topped revenue expectations on Thursday.
Zacks Investment Research
Aug 1, 2024
Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates
Ferrari (RACE) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.99 per share a year ago.
