Ferrari Stock (NYSE:RACE), Analyst Ratings, Price Targets, Predictions

The latest price target for Ferrari (NYSE: RACE) was reported by Jefferies on May 10, 2024. The analyst firm set a price target for $403.00 expecting RACE to fall to within 12 months (a possible -1.99% downside). 22 analyst firms have reported ratings in the last year.

The latest analyst rating for Ferrari (NYSE: RACE) was provided by Jefferies, and Ferrari their hold rating.

The last upgrade for Ferrari NV happened on May 5, 2023 when CFRA raised their price target to $340. CFRA previously had a buy for Ferrari NV.

The last downgrade for Ferrari NV happened on April 4, 2024 when Barclays changed their price target from N/A to N/A for Ferrari NV.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ferrari, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ferrari was filed on May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.

While ratings are subjective and will change, the latest Ferrari (RACE) rating was a with a price target of $408.00 to $403.00. The current price Ferrari (RACE) is trading at is $411.20, which is out of the analyst’s predicted range.