Date | Price Target | Rating | Analyst |
---|---|---|---|
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 | |
11/7/2023 | $375.00 | Outperform | Evercore ISI |
6-K - Ferrari N.V. (0001648416) (Filer)
6-K - Ferrari N.V. (0001648416) (Filer)
6-K - Ferrari N.V. (0001648416) (Filer)
Morgan Stanley reiterated coverage of Ferrari with a rating of Overweight and set a new price target of $520.00 from $400.00 previously
Barclays upgraded Ferrari from Equal Weight to Overweight
Jefferies resumed coverage of Ferrari with a rating of Hold and set a new price target of $403.00 from $408.00 previously
aranello (Italy), September 2, 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) and on the New York Stock Exchange (NYSE) as follows: EXM NYSE Total Trading Number of common shares purchased Average price per share Consideration ex
Maranello, September 2, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (‘Ferrari' or the ‘Company') announces that, effective January 1, 2025, UniCredit S.p.A. will partner with Ferrari S.p.A., its wholly-owned subsidiary, to be at its side in its Formula 1 racing activities under a multi-year agreement. Attachment FNV PR_UniCredit_2 September 2024 ENG
Maranello, August 30, 2024 - Ferrari N.V. (NYSE/ EXM: RACE) (‘Ferrari' or the ‘Company') announces the termination of the partnership between Ferrari S.p.A., its wholly-owned subsidiary, and Santander, effective as of December 31st, of 2024 since the committed three-year contract will end. The partnership, which began in January 2022 after a previous collaboration from 2010 to 2017, saw Santander alongside our Company in the sporting activities of the Prancing Horse. Santander has been Premium Partner of Scuderia Ferrari in Formula 1 and has been our partner in the Le Mans Hypercar (LMH) programme. Lorenzo Giorgetti, Chief Racing Revenue Officer of Ferrari, comments: "As our succes
SC 13G/A - Ferrari N.V. (0001648416) (Subject)
SC 13G/A - Ferrari N.V. (0001648416) (Subject)
SC 13D/A - Ferrari N.V. (0001648416) (Subject)
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
Robust Mix Sustained a Strong Start to the Year Net revenues of Euro 1,585 million, up 10.9% versus prior year, with total shipments of 3,560 units $1flat versus Q1 2023Adjusted EBIT(1) of Euro 442 million, up 14.8% versus prior year, with adjusted EBIT(1) margin of 27.9%Adjusted net profit(1) of Euro 352 million and adjusted diluted EPS(1) at Euro 1.95Adjusted EBITDA(1) of Euro 605 million, up 12.7% versus prior year, with adjusted EBITDA(1) margin of 38.2%Industrial free cash flow(1) generation of Euro 321 million "The start of the year was very positive: revenues and profits recorded double-digit growth with stable deliveries. This was achieved through an even stronger product and count
Maranello (Italy), April 22, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2024 will be released on Tuesday, May 7, 2024. A live audio webcast and conference call of the 2024 Q1 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Tuesday, May 7. 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 archi
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 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 reviewe
Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 7.96% on an annualized basis producing an average annual return of 21.14%. Currently, Ferrari has a market capitalization of $75.89 billion. Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 5 years ago, it would be worth $2,617.80 today based on a price of $422.10 for RACE at the time of writing. Ferrari's Performance Over Last 5 Years 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 reviewe
UBS analyst Susy Tibaldi maintains Ferrari (NYSE:RACE) with a Buy and raises the price target from $448 to $478.