HSBC Reiterates Hold Rating for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE)‘s stock had its “hold” rating reaffirmed by equities research analysts at HSBC in a research report issued on Tuesday, MarketBeat reports.

A number of other analysts have also issued reports on the stock. Barclays set a $420.00 price target on shares of Ferrari and gave the stock an “overweight” rating in a research report on Tuesday, December 9th. BNP Paribas upgraded shares of Ferrari to a “strong-buy” rating in a research note on Thursday, December 11th. Evercore ISI cut their target price on shares of Ferrari from $580.00 to $475.00 and set an “outperform” rating for the company in a research report on Friday, October 31st. Hsbc Global Res raised shares of Ferrari from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 2nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrari in a research note on Monday, December 29th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $480.67.

Ferrari Price Performance

RACE opened at $353.18 on Tuesday. The firm has a market capitalization of $85.60 billion, a P/E ratio of 35.67, a PEG ratio of 3.83 and a beta of 1.01. The stock has a fifty day moving average of $383.09 and a 200-day moving average of $434.82. The company has a quick ratio of 3.78, a current ratio of 4.90 and a debt-to-equity ratio of 0.76. Ferrari has a 12-month low of $350.66 and a 12-month high of $519.10.

Ferrari (NYSE:RACE) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.15. The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $1.94 billion. Ferrari had a return on equity of 44.20% and a net margin of 22.65%.Ferrari has set its FY 2025 guidance at 10.290- EPS. Equities analysts forecast that Ferrari will post 9.22 EPS for the current fiscal year.

Institutional Trading of Ferrari

Several large investors have recently modified their holdings of RACE. Callan Family Office LLC increased its stake in shares of Ferrari by 58.5% in the second quarter. Callan Family Office LLC now owns 4,378 shares of the company’s stock valued at $2,148,000 after buying an additional 1,615 shares in the last quarter. TD Asset Management Inc grew its holdings in Ferrari by 1.1% during the 2nd quarter. TD Asset Management Inc now owns 415,850 shares of the company’s stock worth $203,677,000 after acquiring an additional 4,434 shares during the last quarter. Generali Asset Management SPA SGR increased its position in Ferrari by 28.9% in the 3rd quarter. Generali Asset Management SPA SGR now owns 55,690 shares of the company’s stock valued at $27,022,000 after acquiring an additional 12,485 shares in the last quarter. Rheos Capital Works Inc. raised its stake in shares of Ferrari by 33.1% in the third quarter. Rheos Capital Works Inc. now owns 215,200 shares of the company’s stock worth $104,419,000 after acquiring an additional 53,500 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its position in shares of Ferrari by 26.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,599 shares of the company’s stock worth $5,205,000 after purchasing an additional 2,220 shares in the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari extended driver Adrien Wadoux on a multi‑year deal, supporting its motorsport pipeline and brand continuity — a constructive signal for long‑term competitiveness. Wadoux Signs Multi-Year Extension With Ferrari
• Positive Sentiment: F1 leadership (Stefano Domenicali) publicly pushing for a “strong” Ferrari and a clear plan for 2026 increases pressure and accountability on the team’s performance improvements — potentially supportive if execution follows. F1 chief wants ‘strong’ Ferrari
• Neutral Sentiment: Jeff Wyler Automotive Family acquired Midwestern Auto Group’s Ferrari and Lamborghini franchises as part of a larger dealership transaction — largely a dealer‑level change with limited direct impact on Ferrari N.V.’s corporate revenues. Dealership Sale Announcement
• Neutral Sentiment: Editorial analysis outlining “what Ferrari needs to prove in 2026” frames investor expectations: admiration for the brand isn’t enough — investors will watch clear delivery on growth, margins and EV/tech strategy. This shapes sentiment but is not an immediate catalyst. What Ferrari Needs to Prove in 2026
• Negative Sentiment: HSBC downgraded Ferrari from “strong‑buy” to “hold” (and later reaffirmed the hold), signaling analyst concern about messaging and near‑term catalysts — a clear negative for investor sentiment and valuation support. HSBC Downgrade / Reaffirmation Coverage
• Negative Sentiment: Coverage showing a Chinese EV outperforming a Ferrari in imperfect conditions raises brand and performance perception risks as EV competitors improve — a potential long‑term headwind to premium pricing and halo effects. Chinese EV Beats Ferrari Story
• Negative Sentiment: Reports that Ferrari plans to remove two parts from Lewis Hamilton’s 2026 F1 car before the season start suggest developmental or reliability issues in its F1 program — increased operational risk and negative press around execution. Parts Removal on Hamilton’s 2026 Car

Ferrari Company Profile

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.