Ferrari (NYSE:RACE) Price Target Raised to $447.00 at JPMorgan Chase & Co.

Ferrari (NYSE:RACE) had its price target raised by JPMorgan Chase & Co. from $407.00 to $447.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research analysts have also recently weighed in on the company. Morgan Stanley set a $420.00 price objective on Ferrari in a research report on Monday, February 16th. Zacks Research upgraded Ferrari from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Ferrari in a report on Monday, December 29th. Sanford C. Bernstein restated an “outperform” rating and set a $410.00 price objective on shares of Ferrari in a report on Wednesday, February 11th. Finally, HSBC reaffirmed a “hold” rating on shares of Ferrari in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $475.61.

Ferrari Price Performance

Shares of NYSE RACE opened at $361.05 on Tuesday. Ferrari has a twelve month low of $328.00 and a twelve month high of $519.10. The stock’s 50 day moving average price is $359.85 and its 200-day moving average price is $404.22. The company has a market capitalization of $84.47 billion, a PE ratio of 35.71, a PEG ratio of 3.53 and a beta of 0.97. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74.

Ferrari Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be given a $3.615 dividend. This represents a dividend yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Groupama Asset Managment grew its stake in Ferrari by 24,598.5% during the second quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock valued at $7,888,057,000 after acquiring an additional 16,008,720 shares in the last quarter. Norges Bank bought a new position in Ferrari in the 4th quarter valued at $779,894,000. Bank of New York Mellon Corp grew its position in shares of Ferrari by 63.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock valued at $1,295,907,000 after purchasing an additional 1,039,234 shares in the last quarter. Ninety One UK Ltd bought a new position in shares of Ferrari in the fourth quarter worth $338,785,000. Finally, Morgan Stanley increased its holdings in shares of Ferrari by 43.4% in the fourth quarter. Morgan Stanley now owns 2,546,564 shares of the company’s stock worth $941,109,000 after purchasing an additional 771,039 shares during the period.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: JPMorgan raised its price target to $447 and reiterated an “overweight” rating, implying about 23.8% upside from the reference price — a clear analyst catalyst supporting upside potential. Article Title
• Positive Sentiment: Ferrari reported purchases under the first €250 million tranche of its multi‑year €3.5 billion share buyback program, signaling capital return that should support EPS and shareholder value over time. Article Title
• Neutral Sentiment: Zacks published a comparison piece (ALSN vs RACE) for value investors — useful framing but not an immediate stock mover; it may drive some investor interest depending on relative valuation conclusions. Article Title
• Neutral Sentiment: Charles Leclerc’s CL16 lifestyle brand is deploying an AI platform (Syntheia), extending Ferrari’s driver‑linked brand reach—positive for marketing but unlikely to move the stock materially in the short term. Article Title
• Neutral Sentiment: Multiple enthusiast/auto publications ran high‑visibility content (drag‑race comparisons and lifestyle pieces) that boost brand interest but offer limited direct financial impact. Article Title Article Title Article Title
• Negative Sentiment: Media coverage flagged fan concern about a promotional stunt (safety focus) around an F1 driver — negative PR noise that could dent sentiment briefly, though it’s not Ferrari‑specific and is unlikely to have a lasting financial effect. Article Title

Ferrari Company Profile

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.