$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,500 Today

7/4/24 10:30:22 AM ET

Auto Manufacturing

Consumer Discretionary

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Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 7.45% on an annualized basis producing an average annual return of 20.61%. Currently, Ferrari has a market capitalization of $75.64 billion.

Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 5 years ago, it would be worth $2,548.81 today based on a price of $420.77 for RACE at the time of writing.

Ferrari's Performance Over Last 5 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Recent Analyst Ratings for
$RACE

Date	Price Target	Rating	Analyst
10/11/2024	$385.00 → $525.00	Neutral → Overweight	JP Morgan
8/27/2024	$400.00 → $520.00	Overweight	Morgan Stanley
8/2/2024		Equal Weight → Overweight	Barclays
5/10/2024	$408.00 → $403.00	Hold	Jefferies
4/4/2024		Overweight → Equal Weight	Barclays
3/4/2024		Neutral → Sell	Citigroup
12/13/2023		Outperform → Neutral	Exane BNP Paribas
12/13/2023		Buy → Hold	HSBC Securities

More analyst ratings

CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
Net revenues of Euro 1,644 million, up 6.5% versus prior year, with total shipments of 3,383 unitsAdjusted EBIT(1) of Euro 467 million, up 10.3% versus prior year, with adjusted EBIT(1) margin of 28.4%Adjusted net profit(1) of Euro 375 million and adjusted diluted EPS(1) at Euro 2.08Adjusted EBITDA(1) of Euro 638 million, up 7.1% versus prior year, with adjusted EBITDA(1) margin of 38.8%Industrial free cash flow(1) generation of Euro 364 million "The third quarter once again shows growing results for Ferrari, driven by a strong product mix and increased personalizations" said Benedetto Vigna, CEO of Ferrari. "It confirms our commitment to deliver on the promises we made at our Capital Marke
11/5/24 6:41:11 AM ET
$RACE
Auto Manufacturing
Consumer Discretionary
FERRARI TO ANNOUNCE THIRD QUARTER 2024 FINANCIAL RESULTS ON NOVEMBER 5
Maranello (Italy), October 16, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2024 will be released on Tuesday, November 5, 2024. A live audio webcast and conference call of the 2024 Q3 results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST on Tuesday, November 5. Details for accessing this presentation will be available in the Investors section of Ferrari's corporate website at https://www.ferrari.com/en-EN/corporate prior to the event. Please note that registering in advance is required to access the conference call details. For those unable to participate in the live session, a replay will remain archived
10/16/24 9:19:31 AM ET
$RACE
Auto Manufacturing
Consumer Discretionary
Ferrari to Announce Second Quarter 2024 Financial Results on August 1
Maranello (Italy), July 17, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2024 will be released on Thursday, August 1, 2024. A live audio webcast and conference call of the 2024 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, August 1. Details for accessing this presentation will be available in the Investors section of Ferrari's corporate website at https://www.ferrari.com/en-EN/corporate prior to the event. Please note that registering in advance is required to access the conference call details. For those unable to participate in the live session, a replay will remain archived on
7/16/24 1:35:43 PM ET
$RACE
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Consumer Discretionary

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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the "Fifth Tranche"), the additional common shares - reported in aggregate form, on a daily basis - on the New York Stock Exchange (NYSE) as follows: TradingDate(dd/mm/yyyy)Stock ExchangeNumber of common shares purchasedAverage price per shareexcluding fees($)Consideration excluding fees($
11/22/24 8:25:14 AM ET
$RACE
Auto Manufacturing
Consumer Discretionary
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 11, 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the "Fifth Tranche"), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows: TradingDate(dd/mm/yyyy)Stock ExchangeNumber of common shares purchasedAverage price per shareexcluding fees(€)Consideration excluding fees(€)04/11/202
11/11/24 10:38:10 AM ET
$RACE
Auto Manufacturing
Consumer Discretionary
CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
Net revenues of Euro 1,644 million, up 6.5% versus prior year, with total shipments of 3,383 unitsAdjusted EBIT(1) of Euro 467 million, up 10.3% versus prior year, with adjusted EBIT(1) margin of 28.4%Adjusted net profit(1) of Euro 375 million and adjusted diluted EPS(1) at Euro 2.08Adjusted EBITDA(1) of Euro 638 million, up 7.1% versus prior year, with adjusted EBITDA(1) margin of 38.8%Industrial free cash flow(1) generation of Euro 364 million "The third quarter once again shows growing results for Ferrari, driven by a strong product mix and increased personalizations" said Benedetto Vigna, CEO of Ferrari. "It confirms our commitment to deliver on the promises we made at our Capital Marke
11/5/24 6:41:11 AM ET
$RACE
Auto Manufacturing
Consumer Discretionary

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,500 Today

Ferrari's Performance Over Last 5 Years

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Recent Analyst Ratings for
$RACE

$RACE
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Ferrari upgraded by JP Morgan with a new price target

Morgan Stanley reiterated coverage on Ferrari with a new price target

Ferrari upgraded by Barclays

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