Ferrari (RACE) is trading up at €356.35 (+0.85%) on Europe, as of the latest quote. It is a Europe constituent in the Consumer Discretionary sector.
One firm's current price target on Ferrari: €456 — 28% above the current €356. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | €3.11B | €3.42B | €3.42B | €3.77B | €3.46B | €4.27B | €5.10B | €5.97B | €6.68B | €7.15B |
| Growth (year over year) | +8.8% | +10.0% | +0.1% | +10.1% | −8.1% | +23.4% | +19.3% | +17.2% | +11.8% | +7.0% |
| Gross profit | €1.53B | €1.77B | €1.80B | €1.96B | €1.77B | €2.19B | €2.45B | €2.97B | €3.35B | €3.69B |
| Gross margin | 49.1% | 51.7% | 52.6% | 52.1% | 51.3% | 51.3% | 48.0% | 49.8% | 50.1% | 51.7% |
| Operating income | €595.1M | €775.4M | €826.5M | €917.4M | €716.1M | €1.08B | €1.23B | €1.62B | €1.89B | €2.11B |
| Operating margin | 19.2% | 22.7% | 24.2% | 24.4% | 20.7% | 25.2% | 24.1% | 27.1% | 28.3% | 29.5% |
| Net income | €398.8M | €535.4M | €784.7M | €695.8M | €607.8M | €830.8M | €932.6M | €1.25B | €1.52B | €1.60B |
| Net margin | 12.8% | 15.7% | 22.9% | 18.5% | 17.6% | 19.5% | 18.3% | 21.0% | 22.8% | 22.3% |
| EPS (diluted) | €2.11 | €2.82 | €4.14 | €3.71 | €3.28 | €4.50 | €5.09 | €6.90 | €8.46 | €8.96 |
| Balance sheet | ||||||||||
| Cash and equivalents | €457.8M | €647.7M | €793.7M | €897.9M | €1.36B | €1.34B | €1.39B | €1.12B | €1.74B | €1.47B |
| Total assets | €3.85B | €4.14B | €4.85B | €5.45B | €6.26B | €6.86B | €7.77B | €8.05B | €9.50B | €9.63B |
| Total liabilities | €3.52B | €3.36B | €3.50B | €3.96B | €4.47B | €4.65B | €5.16B | €4.98B | €5.95B | €5.71B |
| Shareholders' equity | €325.0M | €778.7M | €1.35B | €1.48B | €1.79B | €2.21B | €2.59B | €3.06B | €3.53B | €3.91B |
| Cash flow | ||||||||||
| Operating cash flow | €1.01B | €662.8M | €934.0M | €1.31B | €838.2M | €1.28B | €1.40B | €1.72B | €1.93B | €2.35B |
| Capital expenditure | €175.6M | €188.9M | €300.8M | €352.2M | €357.0M | €352.3M | €347.7M | €381.8M | €482.3M | €485.2M |
| Free cash flow | €829.7M | €473.9M | €633.2M | €953.9M | €481.2M | €930.4M | €1.06B | €1.33B | €1.44B | €1.86B |
| Dividends paid | €0 | €0 | €133.1M | €192.7M | €208.1M | €160.1M | €249.5M | €328.6M | €439.9M | €529.7M |
| Share buybacks | — | — | €100.1M | €386.7M | €129.8M | €230.9M | €396.5M | €460.6M | €581.1M | €785.3M |
From Ferrari's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Amounts are in Euro (EUR), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →
Ferrari S.p.A. is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014, it was a subsidiary of Fiat S.p.A. It was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV. Many early Ferraris, dating to the 1950s and 1960s, have been amongst the most expensive cars sold at auction.
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