How much did Ferrari stock go up?
Today Ferrari NV has the market capitalization of 58. B, it has increased by 2. 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.Key Points. Ferrari said its 2030 revenue will be 9 million euros, which is lower than analysts were estimating. The company unveiled some tech from its first electric car, but also scaled back its future EV ambitions. Investors weren’t happy with Ferrari’s guidance and sent shares tumbling this week.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.
How much is a stock Ferrari?
The Ferrari NV stock price today is 383. Available on the NYSE, Ferrari is listed under the ticker RACE.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.
Is buying a Ferrari a good investment?
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. Generally speaking, a Ferrari is usually more affordable than a Lamborghini. Also, Ferrari models tend to become collector’s items, making them a better investment in the long term.The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. What do you get with the Roma?The price of the 2025 Ferrari 296 starts at $346,950 and goes up to $379,950 depending on the trim and options.The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. What do you get with the Roma?
Is Ferrari stock overvalued?
Since Ferrari’s actual PE sits notably higher than its Fair Ratio, the evidence suggests the stock is currently overvalued when viewed through the lens of its earnings power and fundamentals. Result: OVERVALUED Our Discounted Cash Flow (DCF) analysis suggests Ferrari may be overvalued by 306. Find undervalued stocks or create your own screener to find better value opportunities.
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. 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.