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

OverviewForecast
EarningsDividendOwnership

Analyst price target for RACE

Based on 3 analysts offering 12 month price targets for Ferrari Nv.
Min Forecast
$270.00+1.74%
Avg Forecast
$296.67+11.79%
Max Forecast
$310.00+16.82%

Should I buy or sell RACE stock?

Based on 4 analysts offering ratings for Ferrari Nv.
Strong Buy
Strong Buy
3 analysts 75%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RACE stock forecasts and price targets.

RACE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 14%
87
Strong BuyMaintains$310.00+16.82%2023-03-07Find out why
Credit Suisse
Bottom 6%
6
BuyMaintains$310.00+16.82%2023-02-03
HSBC
Top 44%
57
Strong BuyUpgradesN/AN/A2022-10-27
UBS
Top 37%
64
Strong BuyMaintains$270.00+1.74%2022-08-03
Anonymous
Morgan Stanley
Strong BuyMaintains$300.00+13.05%2022-05-24

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Forecast return on equity

Is RACE forecast to generate an efficient return?
Company
58.16%
Industry
45.38%
Market
51.53%
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
19.42%
Industry
20.07%
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 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$5.77+6.14%
Avg 2 year Forecast
$6.61+21.6%
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 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.5B+0.57%
Avg 2 year Forecast
$5.9B+9.66%
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
5%
Industry
13.76%
Market
77.85%
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
-0.5%
Industry
456.08%
Market
25.31%
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$265.37$296.67+11.79%Strong Buy
STLA$17.25N/AN/AStrong Buy
GM$33.71$51.17+51.79%Buy
F$11.51$15.15+31.66%Hold
HMC$25.70$31.51+22.61%Strong Buy
View Top Auto Stocks

Ferrari Nv Stock Forecast FAQ

Is Ferrari Nv Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: RACE) stock is to Strong Buy RACE stock.

Out of 4 analysts, 3 (75%) are recommending RACE as a Strong Buy, 1 (25%) 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 earnings growth forecast for 2023-2024?

(NYSE: RACE) Ferrari Nv's forecast annual earnings growth rate of 5% is not forecast to beat the US Auto Manufacturers industry's average forecast earnings growth rate of 13.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.85%.

Ferrari Nv's earnings in 2023 is $1,002,810,752.On average, 4 Wall Street analysts forecast RACE's earnings for 2023 to be $1,415,366,061, with the lowest RACE earnings forecast at $1,373,665,502, and the highest RACE earnings forecast at $1,488,955,285.

In 2024, RACE is forecast to generate $1,621,415,887 in earnings, with the lowest earnings forecast at $1,562,544,508 and the highest earnings forecast at $1,680,287,265.

What is RACE's revenue growth forecast for 2023-2024?

(NYSE: RACE) Ferrari Nv's forecast annual revenue growth rate of -0.5% is not forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 456.08%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.31%.

Ferrari Nv's revenue in 2023 is $5,478,767,741.On average, 3 Wall Street analysts forecast RACE's revenue for 2023 to be $1,337,161,076,787, with the lowest RACE revenue forecast at $1,320,467,852,076, and the highest RACE revenue forecast at $1,366,112,794,315.

In 2024, RACE is forecast to generate $1,458,131,212,104 in revenue, with the lowest revenue forecast at $1,442,648,039,521 and the highest revenue forecast at $1,482,256,212,476.

What is RACE's forecast return on assets (ROA) for 2023-2024?

(NYSE: RACE) forecast ROA is 19.42%, which is lower than the forecast US Auto Manufacturers industry average of 20.07%.

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 $296.67, with the highest RACE stock price forecast at $310.00 and the lowest RACE stock price forecast at $270.00.

On average, Wall Street analysts predict that Ferrari Nv's share price could reach $296.67 by Mar 7, 2024. The average Ferrari Nv stock price prediction forecasts a potential upside of 11.79% from the current RACE share price of $265.37.

What is RACE's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: RACE) Ferrari Nv's current Earnings Per Share (EPS) is $5.50. On average, analysts forecast that RACE's EPS will be $5.77 for 2023, with the lowest EPS forecast at $5.60, 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 2023-2024?

(NYSE: RACE) forecast ROE is 58.16%, which is considered strong.
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