Is Ferrari a good stock to buy?
Key Points. Ferrari keeps its vehicles exclusive by producing just 1,000 of each model annually. Its operating margin is around 30%, flying high above the rest of the industry. Ferrari looks like a good long-term investment, but it may not set you up for life. Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personal touches to its vehicles. Ferrari posted net profit of 1.According to data analysed by the digital platform Sportico, Ferrari tops the list with an estimated valuation of 4. Mercedes (3. Red Bull Racing (3.Fiat Chrysler Automobiles N. V. NYSE: FCAU/MI: FCA) (FCA) and its subsidiary Ferrari N. V. Ferrari”) announce today the pricing of Ferrari’s initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.
What is the stock price forecast for Ferrari?
Based on 16 Wall Street analysts offering 12 month price targets for Ferrari in the last 3 months. The average price target is $509. Our updated forecasts expect Ferrari to deliver ahead of its newly outlined targets. We forecast revenue and operating profit growth averaging about 7% and 9%, respectively, with the margin settling at 31.United States still ahead. The United States remains Ferrari’s flagship market. In 2024, the brand sold 3,527 units, representing an increase of 12.There are a few intriguing things about Ferrari that make it an excellent investment long-term. Roughly 70% of its vehicles are sold to existing Ferrari clients, forming something to the effect of recurring revenue.Value Retention Many vehicles tend to experience depreciation over time — but when it comes to Ferraris, the opposite is often true. Ferrari vehicles tend to hold their value over time, and often even appreciate in value.
Is a Ferrari a good investment?
Generally speaking, Ferraris tend to be good investments in the luxury car market. In addition to depreciating at slow rates, Ferraris have held strong market demand since their introduction in the mid-1900s. The $570bn luxury car market was expected to grow at about 9% pa for the next 5 years. Ferrari is an experiental luxury good, a category projected to grow at an even higher rate. She expected Ferrari to increase price by about 4-7% pa.Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personal touches to its vehicles. Ferrari posted net profit of 1.