Is Ferrari Stock Poised to Race Higher?

From Nasdaq: 2025-06-10 17:48:00

Ferrari stock (RACE) has surged +13% in 2025 and over +180% in the last three years, trading at $480 and nearing its all-time high of $509. Strong Q1 results show double-digit growth in key metrics, with a full order book for 2025. Ferrari plans to launch its first fully electric car in October.

With a P/E of 49.4X, Ferrari trades at a premium but has seen EPS estimates rise 4% in the last 60 days. FY26 EPS projections suggest over 100% growth in five years. Ferrari stock is now a Zacks Rank #1 (Strong Buy) with an Average Price Target of $517, indicating 8% upside.

Ferrari’s impressive fleet expansion and high demand for supercars have analysts bullish on its operational performance. The potential for more upside is supported by positive earnings estimate revisions. Zacks Investment Research offers access to top stock picks for $1, providing insights into services like Surprise Trader and Technology Innovators.



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