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

Analyst price target for RACE

Based on 3 analysts offering 12 month price targets for Ferrari Nv.
Min Forecast
$350.00-18.33%
Avg Forecast
$391.00-8.76%
Max Forecast
$448.00+4.54%

Should I buy or sell RACE stock?

Based on 3 analysts offering ratings for Ferrari Nv.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RACE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2023-11-07
lockedlocked$00.00+00.00%2023-11-03

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Forecast return on equity

Is RACE forecast to generate an efficient return?
Company
N/A
Industry
47.18%
Market
28.77%

Forecast return on assets

Is RACE forecast to generate an efficient return on assets?
Company
N/A
Industry
20.87%

RACE revenue forecast

What is RACE's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$7.0B+5.71%
Avg 2 year Forecast
$7.6B+13.93%
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
-11.04%
Industry
-2.17%
Market
88.75%
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
9.24%
Industry
15.28%
Market
51.43%
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$428.56$391.00-8.76%Strong Buy
STLA$26.18$26.40+0.84%Buy
HMC$35.37N/AN/A
F$12.30$13.19+7.20%Buy
GM$40.63$49.88+22.76%Strong Buy

Ferrari Nv Stock Forecast FAQ

Is Ferrari Nv Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: RACE) stock is to Strong Buy RACE stock.

Out of 3 analysts, 2 (66.67%) are recommending RACE as a Strong Buy, 1 (33.33%) are recommending RACE as a Buy, 0 (0%) are recommending RACE as a Hold, 0 (0%) 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 revenue growth forecast for 2024-2025?

(NYSE: RACE) Ferrari Nv's forecast annual revenue growth rate of 9.24% is not forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 15.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 51.43%.

Ferrari Nv's revenue in 2024 is $6,419,511,827.On average, 3 Wall Street analysts forecast RACE's revenue for 2024 to be $1,709,306,789,788, with the lowest RACE revenue forecast at $1,670,271,779,480, and the highest RACE revenue forecast at $1,783,508,726,387.

In 2025, RACE is forecast to generate $1,842,182,020,450 in revenue, with the lowest revenue forecast at $1,756,705,870,605 and the highest revenue forecast at $1,936,299,141,897.

What is RACE's forecast return on assets (ROA) for 2024-2025?

(NYSE: RACE) forecast ROA is N/A, which is lower than the forecast US Auto Manufacturers industry average of 20.87%.

What is RACE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year RACE price target, the average RACE price target is $391.00, with the highest RACE stock price forecast at $448.00 and the lowest RACE stock price forecast at $350.00.

On average, Wall Street analysts predict that Ferrari Nv's share price could fall to $391.00 by Feb 2, 2025. The average Ferrari Nv stock price prediction forecasts a potential downside of 8.76% from the current RACE share price of $428.56.

What is RACE's forecast return on equity (ROE) for 2024-2025?

(NYSE: RACE) forecast ROE is N/A, which is considered weak.
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