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Asset logo for symbol RACE
Ferrari NV
RACE67
$449.23arrow_drop_up1.94%$8.56
High Quality
Asset logo for symbol RACE
RACE67

$449.23

arrow_drop_up1.94%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Ferrari NV (RACE) Stocklytics Forecast

Ferrari NV (RACE) is a renowned luxury sports car manufacturer that has established itself as a global brand in the automotive industry. With its iconic logo and powerful performance vehicles, Ferrari has captivated car enthusiasts around the world. Investors are always keen to predict the future stock price of Ferrari, and several factors contribute to this forecast. One important aspect is the overall performance of the company, including its revenue growth, profit margins, and market share. By analyzing these key metrics, analysts can make informed predictions about the future earnings potential of Ferrari.
Another aspect that influences the stock price forecast for Ferrari is the global economic outlook. As a luxury brand, Ferrari's sales are often tied to the overall health of the economy. During periods of economic downturn, consumers may be less inclined to purchase high-end vehicles, which can impact the company's financial performance. On the other hand, during times of economic growth, demand for luxury cars tends to increase, leading to higher stock prices for companies like Ferrari. Therefore, it is important to consider the macroeconomic factors when predicting the future stock price of Ferrari.
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Frequently Asked Questions

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What is the analyst price prediction for Ferrari NV (RACE) stock?

Analysts have set a target price of $355.12 for Ferrari NV (RACE), based on forecasts from 24 analysts. The predicted price range extends from a high of $512 to a low of $260. This represents a potential increase of up to 13.97% and a decrease of -42.12% from the current price of $449.23. These forecasts are as of 2022 Nov 03.
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What are the analyst ratings for Ferrari NV (RACE) stock?

The analyst ratings for Ferrari NV (RACE) are distributed as follows: 9 analysts recommend buying, 5 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 15 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Ferrari NV.
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What is the AI price prediction for Ferrari NV (RACE) stock?

At present, there is no AI or machine-learning-based price prediction available for Ferrari NV (RACE) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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