Ferrari (NYSE:RACE) Upgraded to “Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Ferrari (NYSE:RACE) from a hold rating to a buy rating in a research report sent to investors on Tuesday, MarketBeat reports.

A number of other research firms have also recently commented on RACE. Barclays set a $420.00 target price on Ferrari and gave the stock an “overweight” rating in a research note on Tuesday, December 9th. Morgan Stanley set a $420.00 price objective on shares of Ferrari in a report on Monday, February 16th. Citigroup raised shares of Ferrari from a “sell” rating to a “neutral” rating in a research report on Thursday, February 12th. Zacks Research upgraded shares of Ferrari from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, HSBC reissued a “hold” rating on shares of Ferrari in a research report on Tuesday, January 13th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $475.61.

Ferrari Stock Performance

Shares of Ferrari stock opened at $338.40 on Tuesday. The business’s fifty day simple moving average is $347.11 and its 200 day simple moving average is $384.12. The firm has a market capitalization of $79.17 billion, a P/E ratio of 33.47, a price-to-earnings-growth ratio of 3.19 and a beta of 0.97. Ferrari has a 12 month low of $312.51 and a 12 month high of $519.10. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74.

Ferrari Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Tuesday, April 21st will be issued a dividend of $3.615 per share. This represents a yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date of this dividend is Tuesday, April 21st.

Hedge Funds Weigh In On Ferrari

Several large investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its stake in shares of Ferrari by 78.9% during the 1st quarter. AQR Capital Management LLC now owns 3,568 shares of the company’s stock valued at $1,527,000 after buying an additional 1,574 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Ferrari by 31.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 194 shares of the company’s stock valued at $82,000 after buying an additional 46 shares in the last quarter. Woodline Partners LP purchased a new position in Ferrari in the 1st quarter valued at approximately $1,519,000. Sivia Capital Partners LLC raised its holdings in Ferrari by 67.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 913 shares of the company’s stock valued at $448,000 after acquiring an additional 368 shares during the period. Finally, Rhumbline Advisers raised its holdings in Ferrari by 7.5% during the 2nd quarter. Rhumbline Advisers now owns 1,370 shares of the company’s stock valued at $672,000 after acquiring an additional 96 shares during the period.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Jefferies upgraded RACE from “Hold” to “Buy”, citing renewed confidence in Ferrari’s growth trajectory — expects high single‑digit revenue growth supported by stable demand, pricing power and improving margins. Ferrari upgraded to ‘Buy’ on growth confidence
• Positive Sentiment: Ferrari continues executing the first €250m tranche of a planned ~€3.5bn multiyear buyback (announced at 2025 Capital Markets Day), expanding its treasury stake — buybacks reduce float and support EPS and share price. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Analyst support remains strong — Evercore ISI reaffirmed an Outperform rating and $475 target, highlighting durable pricing power; this helps underpin valuations even as the firm expects potential near‑term guidance adjustments. Ferrari (RACE) Stock Rated Outperform on Strong Pricing Power
• Neutral Sentiment: TipRanks/market writeups note Ferrari is actively expanding its treasury stake as the buyback advances — informational for holders but mostly a confirmation of the GlobeNewswire filing. Ferrari Expands Treasury Stake as €3.5 Billion Buyback Advances
• Neutral Sentiment: Consumer/PR items (Lego Ferrari exhibit, Legoland attraction, drag‑race videos) are generating social buzz but are unlikely to materially affect fundamentals. You Can Sit Inside This Ferrari Made Entirely of Lego
• Neutral Sentiment: Motorsport and branding news (British GT entry, race coverage) support long‑term brand value but are not short‑term drivers of the stock. Aussie duo to race Ferrari in British GT Championship
• Neutral Sentiment: Inclusion on retail lists of “long‑term buys” (financial press pieces) may attract some buy‑and‑hold interest but is not a catalyst for near‑term moves. 3 Lucrative Stocks to Buy Now and Hold Forever
• Negative Sentiment: A local incident (dealership mechanic arrested after racing a Ferrari on a highway) generated negative headlines but is unlikely to affect corporate fundamentals or valuation materially. Dealership mechanic arrested after racing Ferrari on Texas highway

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.