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NYSE: RACE
Ferrari Nv Stock Forecast, Predictions & Price Target

Buy RACE

Analyst price target for RACE

Based on 4 analysts offering 12 month price targets for Ferrari Nv.
Min Forecast
$256.00+21.63%
Avg Forecast
$291.50+38.5%
Max Forecast
$350.00+66.29%

Should I buy or sell RACE stock?

Based on 5 analysts offering ratings for Ferrari Nv.
Buy
Strong Buy
3 analysts 60%
Buy
0 analysts 0%
Hold
1 analysts 20%
Sell
1 analysts 20%
Strong Sell
0 analysts 0%

RACE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Bottom 38%
38
Strong BuyMaintains$270.00+28.28%2022-08-03
Anonymous
Morgan Stanley
Strong BuyMaintains$300.00+42.54%2022-05-24
Kepler Cheuvreux
Bottom 50%
50
SellDowngradesN/AN/A2021-12-09
Morgan Stanley
Top 7%
94
Strong BuyMaintains$350.00+66.29%2021-11-17Find out why
Societe Generale
Bottom 37%
37
Strong BuyUpgrades$290.00+37.79%2021-11-03
Exane BNP Paribas
Top 48%
53
HoldDowngrades$256.00+21.63%2021-09-17

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Forecast return on equity

Is RACE forecast to generate an efficient return?
Company
71.64%
Industry
48.49%
Market
56.05%
RACE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RACE forecast to generate an efficient return on assets?
Company
22.1%
Industry
21.2%
RACE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RACE earnings per share forecast

What is RACE's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$4.90-5.77%
Avg 2 year Forecast
$5.75+10.58%
Avg 3 year Forecast
$6.61+27.12%
RACE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RACE revenue forecast

What is RACE's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$5.0B+0.26%
Avg 2 year Forecast
$5.5B+10.12%
Avg 3 year Forecast
$5.9B+20.08%
RACE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RACE earnings growth forecast

How is RACE forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
7.37%
Industry
14.05%
Market
17.92%
RACE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RACE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RACE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RACE revenue growth forecast

How is RACE forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
7.14%
Industry
57.92%
Market
8.19%
RACE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RACE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RACE vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
RACE$210.47$291.50+38.50%Buy
GM$36.62$57.14+56.04%Buy
STLA$14.72N/AN/ABuy
F$15.19$16.58+9.17%Hold
HMC$24.99$31.51+26.09%Strong Buy

Ferrari Nv Stock Forecast FAQ

Is Ferrari Nv Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: RACE) stock is to Buy RACE stock.

Out of 5 analysts, 3 (60%) are recommending RACE as a Strong Buy, 0 (0%) are recommending RACE as a Buy, 1 (20%) are recommending RACE as a Hold, 1 (20%) are recommending RACE as a Sell, and 0 (0%) are recommending RACE as a Strong Sell.

If you're new to stock investing, here's how to buy Ferrari Nv stock.

What is RACE's earnings growth forecast for 2022-2024?

(NYSE: RACE) Ferrari Nv's forecast annual earnings growth rate of 7.37% is not forecast to beat the US Auto Manufacturers industry's average forecast earnings growth rate of 14.05%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.92%.

Ferrari Nv's earnings in 2022 is $916,179,797.On average, 3 Wall Street analysts forecast RACE's earnings for 2022 to be $1,211,222,758, with the lowest RACE earnings forecast at $1,186,503,926, and the highest RACE earnings forecast at $1,235,941,590. On average, 4 Wall Street analysts forecast RACE's earnings for 2023 to be $1,421,332,829, with the lowest RACE earnings forecast at $1,359,535,749, and the highest RACE earnings forecast at $1,500,433,090.

In 2024, RACE is forecast to generate $1,633,914,782 in earnings, with the lowest earnings forecast at $1,574,589,586 and the highest earnings forecast at $1,693,239,978.

What is RACE's revenue growth forecast for 2022-2024?

(NYSE: RACE) Ferrari Nv's forecast annual revenue growth rate of 7.14% is not forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 57.92%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.19%.

Ferrari Nv's revenue in 2022 is $4,750,201,010.On average, 2 Wall Street analysts forecast RACE's revenue for 2022 to be $1,226,868,542,788, with the lowest RACE revenue forecast at $1,220,915,012,149, and the highest RACE revenue forecast at $1,232,822,073,427. On average, 3 Wall Street analysts forecast RACE's revenue for 2023 to be $1,347,468,756,880, with the lowest RACE revenue forecast at $1,330,646,850,275, and the highest RACE revenue forecast at $1,376,643,652,489.

In 2024, RACE is forecast to generate $1,469,371,406,220 in revenue, with the lowest revenue forecast at $1,453,768,879,588 and the highest revenue forecast at $1,493,682,377,295.

What is RACE's forecast return on assets (ROA) for 2022-2024?

(NYSE: RACE) forecast ROA is 22.1%, which is higher than the forecast US Auto Manufacturers industry average of 21.2%.

What is RACE's Price Target?

According to 4 Wall Street analysts that have issued a 1 year RACE price target, the average RACE price target is $291.50, with the highest RACE stock price forecast at $350.00 and the lowest RACE stock price forecast at $256.00.

On average, Wall Street analysts predict that Ferrari Nv's share price could reach $291.50 by Aug 3, 2023. The average Ferrari Nv stock price prediction forecasts a potential upside of 38.5% from the current RACE share price of $210.47.

What is RACE's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: RACE) Ferrari Nv's current Earnings Per Share (EPS) is $4.99. On average, analysts forecast that RACE's EPS will be $4.90 for 2022, with the lowest EPS forecast at $4.80, and the highest EPS forecast at $5.00. On average, analysts forecast that RACE's EPS will be $5.75 for 2023, with the lowest EPS forecast at $5.50, and the highest EPS forecast at $6.07. In 2024, RACE's EPS is forecast to hit $6.61 (min: $6.37, max: $6.85).

What is RACE's forecast return on equity (ROE) for 2022-2024?

(NYSE: RACE) forecast ROE is 71.64%, which is considered strong.
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