Ferrari N.V.

BIT:RACE Stock Report

Market Cap: €50.9b

Ferrari Future Growth

Future criteria checks 3/6

Ferrari is forecast to grow earnings and revenue by 6.9% and 5.9% per annum respectively. EPS is expected to grow by 7.8% per annum. Return on equity is forecast to be 38.6% in 3 years.

Key information

6.9%

Earnings growth rate

7.77%

EPS growth rate

Auto earnings growth23.8%
Revenue growth rate5.9%
Future return on equity38.61%
Analyst coverage

Good

Last updated08 May 2026

Recent future growth updates

Analysis Article • May 08

Analyst Estimates: Here's What Brokers Think Of Ferrari N.V. (BIT:RACE) After Its First-Quarter Report

The first-quarter results for Ferrari N.V. ( BIT:RACE ) were released last week, making it a good time to revisit its...
Analysis Article • Nov 07

Ferrari N.V. (BIT:RACE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Investors in Ferrari N.V. ( BIT:RACE ) had a good week, as its shares rose 3.0% to close at €352 following the release...
Analysis Article • Aug 03

Ferrari N.V. (BIT:RACE) Just Released Its Half-Year Earnings: Here's What Analysts Think

It's been a sad week for Ferrari N.V. ( BIT:RACE ), who've watched their investment drop 14% to €379 in the week since...

Recent updates

Analysis Article • May 08

Analyst Estimates: Here's What Brokers Think Of Ferrari N.V. (BIT:RACE) After Its First-Quarter Report

The first-quarter results for Ferrari N.V. ( BIT:RACE ) were released last week, making it a good time to revisit its...
Narrative Update • May 03

RACE: Future Dividend Stream And 2026 Revenue Ambition Will Support Upside

Analysts have nudged their price target for Ferrari slightly lower from €435.00 to €430.00, reflecting updated assumptions around revenue growth, profit margins and a higher future P/E multiple in their models. What's in the News Ferrari is targeting €7.50b in revenues for the full year 2026, giving you a clear management reference point for top line expectations (company guidance).
Narrative Update • Apr 18

RACE: Future Dividend Stream Will Support Stronger Shareholder Returns

Analysts have made a small adjustment to their Ferrari price target, with fair value moving from about €368.86 to about €368.75. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update • Apr 04

RACE: Future Dividend Plans And 2026 Guidance Will Support Measured Outlook

Analysts have adjusted their Ferrari price target from €310 to €300, citing minor changes in fair value assumptions, including slightly revised estimates for the discount rate, revenue growth, profit margin and future P/E. What's in the News Ferrari intends to recommend a dividend of €3.615 per common share, corresponding to a total distribution of about €640 million, subject to shareholder approval at the Annual General Meeting scheduled for April 15, 2026 (Key Developments).
Narrative Update • Mar 21

RACE: Dividend And Buybacks Will Drive Stronger Future Shareholder Returns

Analysts have slightly reduced their Ferrari price target to about €369, reflecting modest tweaks to assumptions on the discount rate, revenue growth, profit margin and future P/E, without a major shift in the overall investment view. What's in the News Ferrari intends to recommend a dividend of €3.615 per share, about 21% higher than the prior year, for a total proposed distribution of about €640m, subject to shareholder approval at the AGM scheduled for April 15, 2026 (Key Developments).
Narrative Update • Mar 06

RACE: Measured Outlook Will Balance Dividend Plans And Updated Earnings Guidance

Analysts have revised their price target on Ferrari to €310 from €380, reflecting updated assumptions around a lower discount rate, more measured revenue growth, slightly higher profit margins, and a reduced future P/E multiple. What’s in the News Ferrari plans to recommend a dividend of €3.615 per common share for approval at the April 15, 2026 AGM.
Narrative Update • Feb 20

RACE: Dividend And Buybacks Will Support Stronger Future Shareholder Returns

Analysts have trimmed their Ferrari price target by about €35, reflecting slightly lower assumptions for fair value and profit margins, along with a more moderate future P/E outlook, while still applying a somewhat reduced discount rate. What's in the News Ferrari plans to propose a dividend of €3.615 per share, around 21% higher than the prior year, for a total of about €640 million, subject to shareholder approval at the AGM scheduled for April 15, 2026 (Key Developments).
Narrative Update • Feb 06

RACE: Buybacks And Premium Partnerships Will Support Future Capital Upside

Analysts maintained their fair value estimate for Ferrari at $435.00 while updating certain underlying assumptions, including a lower discount rate, minor adjustments to expected revenue growth and profit margin, and a modestly lower future P/E in their revised price target analysis. What's in the News Ferrari completed a share repurchase of 717,508 shares, representing 0.4% of its share capital, for €247.05 million between October 1, 2025 and December 30, 2025.
Narrative Update • Jan 23

RACE: Buybacks And Premium Partnerships Will Drive Future Capital Returns

Analysts have kept their fair value estimate for Ferrari steady at US$435.00, indicating that only minor adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E do not materially change their overall view on the stock. What's in the News Ferrari completed a share buyback program announced on June 16, 2022, repurchasing a total of 6,015,933 shares, or 3.34% of its share capital, for €2,000 million.
Narrative Update • Jan 08

RACE: Future Capital Returns Will Be Driven By Buybacks And Premium Partnerships

Analysts now estimate Ferrari's fair value at $435, down from $466. This reflects their updated views on slightly higher revenue growth, stronger profit margins, and a lower future P/E multiple.
Analysis Article • Dec 31

Why The 27% Return On Capital At Ferrari (BIT:RACE) Should Have Your Attention

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Narrative Update • Dec 14

RACE: Future Capital Returns Will Drive Attractive Shareholder Upside Potential

Analysts have trimmed their price target on Ferrari to approximately $466 per share, down from about $545. They cited slightly lower expectations for revenue growth, profit margins, and future valuation multiples that still support a premium but a less aggressive long term outlook.
Narrative Update • Nov 30

RACE: New Share Buyback Plan Will Support Stronger Future Returns

Ferrari's analyst price target has inched up marginally from $403.43 to $404.24, reflecting analysts' confidence in the company's stable financial performance and outlook. What's in the News Ferrari has completed the repurchase of 5,624,556 shares, representing 3.12% of its shares, for €1,878.95 million under its share buyback program announced in June 2022 (Key Developments).
Narrative Update • Nov 16

RACE: Increased Share Buyback and Dividend Plan Will Drive Future Returns

Ferrari's analyst price target has been slightly lowered from $404.54 to $403.43 as analysts factor in marginally softer revenue growth projections and a reduced discount rate, partially offset by expectations for improved profit margin and a lower future price-to-earnings ratio. What's in the News Ferrari completed the repurchase of 5,624,556 shares, representing 3.12% of shares outstanding, for a total outlay of €1,878.95 million under its buyback program announced in June 2022.
Analysis Article • Nov 07

Ferrari N.V. (BIT:RACE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Investors in Ferrari N.V. ( BIT:RACE ) had a good week, as its shares rose 3.0% to close at €352 following the release...
Narrative Update • Oct 31

RACE: Expanded Buyback And Higher Payout Will Drive Future Upside

Ferrari's updated analyst price target has decreased slightly from $416.85 to $404.54, as analysts cite marginally lower projections for revenue growth and profit margins. What's in the News The Board of Directors has authorized a new buyback plan as of October 9, 2025.
Narrative Update • Oct 17

Electrification And Hybrid Offerings Will Unlock Upscale Global Demand

Ferrari Analyst Price Target Adjusted Down Amid Outlook Revision Analysts have lowered Ferrari’s fair value estimate from $447.87 to $416.85. This adjustment is based on a slightly more conservative outlook on revenue growth and profit margins.
Narrative Update • Oct 03

Electrification And Hybrid Offerings Will Unlock Upscale Global Demand

Ferrari's analyst price target has been raised from $440.53 to $447.87, as analysts factor in a slightly higher projected profit margin and a modest reduction in discount rate, despite a slight pullback in revenue growth expectations. What's in the News Ferrari N.V. has confirmed its earnings guidance for the full year of 2025, with net revenues expected to exceed EUR 7.0 billion (Key Developments).
Analysis Article • Aug 31

Does Ferrari (BIT:RACE) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Aug 17

We Like Ferrari's (BIT:RACE) Returns And Here's How They're Trending

BIT:RACE 1 Year Share Price vs Fair Value Explore Ferrari's Fair Values from the Community and select yours Did you...
Analysis Article • Aug 03

Ferrari N.V. (BIT:RACE) Just Released Its Half-Year Earnings: Here's What Analysts Think

It's been a sad week for Ferrari N.V. ( BIT:RACE ), who've watched their investment drop 14% to €379 in the week since...
Analysis Article • Jul 09

Does Ferrari (BIT:RACE) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Jun 11

Some Shareholders Feeling Restless Over Ferrari N.V.'s (BIT:RACE) P/E Ratio

With a price-to-earnings (or "P/E") ratio of 48.2x Ferrari N.V. ( BIT:RACE ) may be sending very bearish signals at the...
Analysis Article • May 28

Is Now The Time To Put Ferrari (BIT:RACE) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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New Narrative • May 03

New Electric Models And Flexible Production Will Boost Market Presence

Expanded production and personalization options are expected to boost revenue and increase flexibility.

Earnings and Revenue Growth Forecasts

BIT:RACE - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20288,6221,9711,8412,85616
12/31/20278,1361,8551,6632,62722
12/31/20267,5731,7131,5082,52123
3/31/20267,2031,5981,3942,366N/A
12/31/20257,1461,5971,4062,349N/A
9/30/20257,0801,6011,3552,325N/A
6/30/20256,9581,5941,3592,348N/A
3/31/20256,8831,5821,2512,269N/A
12/31/20246,6771,5229381,927N/A
9/30/20246,4651,4319311,959N/A
6/30/20246,3641,3878661,849N/A
3/31/20246,1261,3089141,828N/A
12/31/20235,9701,2528481,717N/A
9/30/20235,8151,1787581,620N/A
6/30/20235,5201,0746671,523N/A
3/31/20235,3389905601,384N/A
12/31/20225,0959335991,403N/A
9/30/20224,8999276011,328N/A
6/30/20224,7039076121,328N/A
3/31/20224,4468647041,421N/A
12/31/20214,2718315461,283N/A
9/30/20214,1688795881,338N/A
6/30/20214,0028444451,165N/A
3/31/20213,539647164849N/A
12/31/20203,460608129838N/A
9/30/20203,31951367784N/A
6/30/20203,346510127832N/A
3/31/20203,7596844401,185N/A
12/31/20193,767696N/A1,306N/A
9/30/20193,684718N/A1,264N/A
6/30/20193,607837N/A1,224N/A
3/31/20193,529815N/A1,109N/A
12/31/20183,420785N/A934N/A
9/30/20183,415730N/A774N/A
6/30/20183,413584N/A769N/A
3/31/20183,427559N/A731N/A
12/31/20173,417535N/A663N/A
9/30/20173,412511N/A946N/A
6/30/20173,360483N/A964N/A
3/31/20173,250445N/A1,034N/A
12/31/20163,105399N/A1,005N/A
9/30/20163,014342N/A740N/A
6/30/20162,954323N/A608N/A
3/31/20162,909301N/A756N/A
12/31/20152,854288N/A707N/A
9/30/20152,861313N/A665N/A
6/30/20152,801275N/A580N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RACE's forecast earnings growth (6.9% per year) is above the savings rate (3.3%).

Earnings vs Market: RACE's earnings (6.9% per year) are forecast to grow slower than the Italian market (10.6% per year).

High Growth Earnings: RACE's earnings are forecast to grow, but not significantly.

Revenue vs Market: RACE's revenue (5.9% per year) is forecast to grow faster than the Italian market (5.6% per year).

High Growth Revenue: RACE's revenue (5.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RACE's Return on Equity is forecast to be high in 3 years time (38.6%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 01:23
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ferrari N.V. is covered by 40 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carmen NovelBanca Akros S.p.A. (ESN)
Davide ZappaBanca Akros S.p.A. (ESN)
Gianmarco BonacinaBanca Akros S.p.A. (ESN)