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.
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| 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 |
SC 13G/A - Ferrari N.V. (0001648416) (Subject)
SC 13G/A - Ferrari N.V. (0001648416) (Subject)
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6-K - Ferrari N.V. (0001648416) (Filer)
6-K - Ferrari N.V. (0001648416) (Filer)
6-K - Ferrari N.V. (0001648416) (Filer)
Maranello (Italy), October 28, 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(€)21/10/2024
Maranello (Italy), 23 October 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" o la "Società") is pleased to announce the multi-year renewal of its partnership with Shell, signed today. This agreement, which will take effect on 1 January 2026, encompasses Scuderia Ferrari HP, Ferrari Hypercar, and the Ferrari Challenge Series. Attachment FNV_PR_Shell_ENG_
Maranello (Italy), October 21, 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(€)14/10/2024
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
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
JP Morgan upgraded Ferrari from Neutral to Overweight and set a new price target of $525.00 from $385.00 previously
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
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.