Wolfe Research Begins Coverage on Ferrari (NYSE:RACE)

Stock analysts at Wolfe Research started coverage on shares of Ferrari (NYSE:RACE) in a research report issued on Tuesday,Benzinga reports. The firm set an “outperform” rating on the stock.

Other equities research analysts have also issued reports about the company. UBS Group boosted their target price on Ferrari from $483.00 to $497.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group upgraded Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Sanford C. Bernstein reissued an “outperform” rating on shares of Ferrari in a research note on Tuesday, June 2nd. Morgan Stanley upgraded Ferrari from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $388.00 to $438.00 in a report on Monday, June 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a research note on Friday, April 10th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Ferrari presently has a consensus rating of “Moderate Buy” and a consensus price target of $471.97.

Ferrari Price Performance

NYSE RACE opened at $392.08 on Tuesday. The stock has a market capitalization of $91.73 billion, a P/E ratio of 37.62, a P/E/G ratio of 3.68 and a beta of 0.92. Ferrari has a 1 year low of $312.51 and a 1 year high of $519.10. The business’s fifty day moving average is $348.91 and its two-hundred day moving average is $352.16. The company has a debt-to-equity ratio of 0.72, a quick ratio of 4.08 and a current ratio of 5.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Groupama Asset Managment lifted its stake in Ferrari by 5.7% in the 3rd quarter. Groupama Asset Managment now owns 16,990,621 shares of the company’s stock worth $8,244,189,000 after acquiring an additional 916,821 shares in the last quarter. Vanguard Group Inc. boosted its position in Ferrari by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,213,450 shares of the company’s stock worth $1,937,388,000 after acquiring an additional 58,506 shares during the period. Amundi grew its stake in Ferrari by 11.1% during the 4th quarter. Amundi now owns 3,303,264 shares of the company’s stock valued at $1,220,754,000 after acquiring an additional 330,896 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Ferrari by 8.4% during the 1st quarter. Bank of New York Mellon Corp now owns 2,808,855 shares of the company’s stock valued at $950,657,000 after acquiring an additional 218,830 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Ferrari by 43.4% in the 4th quarter. Morgan Stanley now owns 2,546,564 shares of the company’s stock valued at $941,109,000 after purchasing an additional 771,039 shares during the period.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari’s Formula 1 team delivered a major weekend boost, including Charles Leclerc’s British Grand Prix victory and broader resurgence at Silverstone, which may improve brand visibility and fan engagement. British Grand Prix: Ferrari back on top, Antonelli heartbreak, Verstappen crashes out
• Positive Sentiment: BofA raised its price target on Ferrari to $458 and reiterated a Buy rating, citing enthusiasm around a new manual-gearbox V12 model that could help offset softer EV demand. Ferrari’s EV Divided Fans: A Manual V12 Just Won an Analyst Price Upgrade
• Positive Sentiment: Ferrari reported continued progress under its 2026 share buyback program, reinforcing management’s commitment to returning capital to shareholders. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Neutral Sentiment: Ferrari’s recent GT and motorsport wins add to the company’s performance narrative, but the direct financial impact on the stock is less immediate. Weekend notebook: Ferrari celebrates victories in International GT Open
• Neutral Sentiment: Several articles discuss Ferrari’s title chances, race results, and a 250th F1 win milestone, which support brand momentum but are less likely to materially move the shares by themselves. Ferrari (BIT:RACE) Marks Its 250th F1 Win, Is The Stock 39% Overvalued?
• Negative Sentiment: One valuation-focused article questioned whether Ferrari is still overvalued, which could temper enthusiasm after the recent rally. Ferrari (BIT:RACE) Marks Its 250th F1 Win, Is The Stock 39% Overvalued?

About Ferrari

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.