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Consumer Cyclical - Auto - Manufacturers - NYSE - IT
$ 474.14
1.65 %
$ 84.9 B
Market Cap
49.6
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RACE stock under the worst case scenario is HIDDEN Compared to the current market price of 474 USD, Ferrari N.V. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RACE stock under the base case scenario is HIDDEN Compared to the current market price of 474 USD, Ferrari N.V. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one RACE stock under the best case scenario is HIDDEN Compared to the current market price of 474 USD, Ferrari N.V. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RACE

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$520.0$520.0$500.0$500.0$480.0$480.0$460.0$460.0$440.0$440.0$420.0$420.0$400.0$400.0$380.0$380.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
6.68 B REVENUE
11.83%
1.89 B OPERATING INCOME
16.72%
1.53 B NET INCOME
21.87%
1.93 B OPERATING CASH FLOW
12.23%
-987 M INVESTING CASH FLOW
-13.93%
-325 M FINANCING CASH FLOW
70.73%
1.74 B REVENUE
5.54%
468 M OPERATING INCOME
-0.43%
386 M NET INCOME
2.82%
495 M OPERATING CASH FLOW
-19.01%
-276 M INVESTING CASH FLOW
-10.70%
-11.8 M FINANCING CASH FLOW
92.75%
Balance Sheet Ferrari N.V.
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Current Assets 5.02 B
Cash & Short-Term Investments 1.75 B
Receivables 2.08 B
Other Current Assets 1.19 B
Non-Current Assets 4.48 B
Long-Term Investments 80.8 M
PP&E 1.83 B
Other Non-Current Assets 2.57 B
18.40 %21.94 %12.51 %19.26 %27.04 %Total Assets$9.5b
Current Liabilities 1.49 B
Accounts Payable 946 M
Short-Term Debt 0
Other Current Liabilities 545 M
Non-Current Liabilities 4.46 B
Long-Term Debt 3.35 B
Other Non-Current Liabilities 1.11 B
15.88 %9.16 %56.30 %18.66 %Total Liabilities$6.0b
EFFICIENCY
Earnings Waterfall Ferrari N.V.
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Revenue 6.68 B
Cost Of Revenue 3.33 B
Gross Profit 3.35 B
Operating Expenses 1.46 B
Operating Income 1.89 B
Other Expenses 362 M
Net Income 1.53 B
7b7b6b6b5b5b4b4b3b3b2b2b1b1b007b(3b)3b(1b)2b(362m)2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
50.13% GROSS MARGIN
50.13%
28.27% OPERATING MARGIN
28.27%
22.79% NET MARGIN
22.79%
43.06% ROE
43.06%
16.02% ROA
16.02%
19.05% ROIC
19.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ferrari N.V.
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1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 1.53 B
Depreciation & Amortization 667 M
Capital Expenditures -989 M
Stock-Based Compensation 0
Change in Working Capital -383 M
Others -267 M
Free Cash Flow 938 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ferrari N.V.
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Wall Street analysts predict an average 1-year price target for RACE of $485 , with forecasts ranging from a low of $400 to a high of $565 .
RACE Lowest Price Target Wall Street Target
400 USD -15.64%
RACE Average Price Target Wall Street Target
485 USD 2.21%
RACE Highest Price Target Wall Street Target
565 USD 19.16%
Price
Max Price Target
Min Price Target
Average Price Target
580580560560540540520520500500480480460460440440420420400400380380Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
3.39 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.500003.500003.000003.000002.500002.500002.000002.000001.500001.500001.000001.000000.500000.500000.000000.000000.5160.520.6810.680.8720.871.1591.161.2291.231.0391.041.469351.471.9891.992.601722.603.392933.3920162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Ferrari N.V.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ferrari N.V. (RACE) Q1 2025 Earnings Call Transcript Start Time: 09:00 January 1, 0000 9:46 AM ET Ferrari N.V. (NYSE:RACE ) Q1 2025 Earnings Conference Call May 06, 2025, 09:00 AM ET Company Participants Benedetto Vigna - CEO Antonio Picca Piccon - CFO Nicoletta Russo - Head of IR Conference Call Participants Susy Tibaldi - UBS Henning Cosman - Barclays Stephen Reitman - Bernstein Michael Binetti - Evercore John Murphy - Bank of America Monica Bosio - Intesa SanPaolo Thomas Besson - Kepler Cheuvreux Tom Narayan - RBC Martino de Ambroggi - Equita Operator Good day, and thank you for standing by. seekingalpha.com - 1 week ago
How The 3Ps Are Steering Ferrari Into A New Era Of Profit (Q1 Earnings Review) Amidst market uncertainty, Ferrari reported earnings and had no trouble reaffirming its FY guidance. Since the launch of the Purosangue, Ferrari has unlocked an extremely profitable business model that is set to fuel its double-digit growth while keeping volumes flat. In this earnings review, I go over the latest financials and explain what is making Ferrari so successful, with long-term potential. seekingalpha.com - 1 week ago
Ferrari (RACE) Upgraded to Buy: Here's What You Should Know Ferrari (RACE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 week ago
Ferrari's Vasseur on partnership with IBM and future growth Frédéric Vasseur, Ferrari HP Team Principal, joins 'Money Movers' to discuss what the IBM partnership allows the company to do, how critical fan engagement is to the sport, and much more. youtube.com - 1 week ago
Ferrari (RACE) Beats Q1 Earnings and Revenue Estimates Ferrari (RACE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.12 per share a year ago. zacks.com - 1 week ago
Empowering Future Health Professionals: 2025 Adam Ferrari Health Science Scholarship Now Accepting Applications The Adam Ferrari Health Science Scholarship Awards $20,000 to Students Pursuing Health Science Degrees, Honoring Those Dedicated to Caring for Individuals with Physical Disabilities The Adam Ferrari Health Science Scholarship Awards $20,000 to Students Pursuing Health Science Degrees, Honoring Those Dedicated to Caring for Individuals with Physical Disabilities globenewswire.com - 1 week ago
Ferrari Says Tariffs May Reduce Profits—Joining These Companies Warning Of Tariff Impacts Ferrari on Tuesday said tariffs imposed by the U.S. pose a potential risk to the luxury car maker's profitability, becoming the latest company to warn about a hit to earnings or cut financial forecasts as many cite market uncertainty aggravated by President Donald Trump's levies. forbes.com - 1 week ago
Phoenix Energy CEO Adam Ferrari Announces the 2025 Phoenix Energy Scholarship to Empower Future Generations of Oil and Gas Professionals DENVER--(BUSINESS WIRE)--The Phoenix Energy Scholarship is now accepting applications for its 2025 cycle. Awarded by Phoenix Energy One, LLC (“Phoenix Energy”)—formerly known as Phoenix Capital Group Holdings, LLC—a leading energy company specializing in oil production, mineral rights acquisitions, and non-operating working interests, the $15,000 scholarship is designed to support a student pursuing a career in the oil and gas sector. Eligible applicants must be first-year students who have bee. businesswire.com - 1 week ago
Ferrari Backs Guidance as Earnings Beat Forecasts More car deliveries and customization requests from customers helped the company deliver forecasting-beating earnings in the first quarter of the year. wsj.com - 1 week ago
Ferrari Earnings Top Expectations. The Stock Slides Anyway. The Prancing Horse beat the Street's profit and sales targets—but it looks like investors wanted perfection. barrons.com - 1 week ago
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles. The Maranello, Italy-based sports car manufacturer posted net profit of 412 million euros ($466.3 million) for the first three months of the year, reflecting a 17% increase from the same period last year. cnbc.com - 1 week ago
Ferrari earnings up 15% in first quarter, but confirms risks from U.S tariffs Luxury sports-car maker Ferrari said on Tuesday its core earnings rose 15% in the first quarter supported by a richer product mix and demand for personalisation of vehicles, but reiterated U.S. tariffs could hit profitability this year reuters.com - 1 week ago
8. Profile Summary

Ferrari N.V. RACE

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COUNTRY IT
INDUSTRY Auto - Manufacturers
MARKET CAP $ 84.9 B
Dividend Yield 0.00%
Description Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.
Contact Via Abetone Inferiore n. 4, Maranello, MO, 41053 https://www.ferrari.com
IPO Date Oct. 21, 2015
Employees 5435
Officers Mr. Enrico Galliera Chief Marketing & Commercial Officer Mr. John Jacob Philip Elkann Executive Chairman Mr. Flavio Manzoni Chief Design Officer Mr. Michele Antoniazzi Chief Human Resources Officer Mr. Carlo Daneo General Counsel Mr. Marco Lovati Chief Internal Audit, Risk and Compliance Officer Mr. Davide Abate Chief Technologies & Infrastructures Officer Ms. Nicoletta Russo Head of Investor Relations Mr. Benedetto Vigna Chief Executive Officer & Executive Director Mr. Antonio Picca Piccon Chief Financial Officer