WallStSmart
RACE

Ferrari NV

NYSE: RACE · CONSUMER CYCLICAL · AUTO MANUFACTURERS

$337.54
-1.51% today

Updated 2026-04-29

Market cap
$62.99B
P/E ratio
33.55
P/S ratio
8.82x
EPS (TTM)
$10.49
Dividend yield
1.21%
52W range
$309 – $513
Volume
0.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Ferrari NV (RACE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$337.54
Consensus
$477.86
+41.57%
2030 Target
$714.00
+111.53%
DCF
$258.18
-48.33% MoS
9 analysts:
4 Buy1 Hold0 Sell

Management guidance

Ferrari provided 2026 revenue guidance of €7.5 billion (approximately $8.1B USD) in their Q4 2025 earnings, representing ~5% growth from 2025's €7.15B. Order book extends through end of 2027, indicating strong demand visibility. Management emphasizes pricing power and personalization strategy over volume expansion, with 39% EBITDA margin target for 2026.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,224.00
$10.8B Rev × 20x P/S
Base case (2030)
$714.00
$10.8B Rev × 12x P/S
Bear case (2030)
$476.00
$10.8B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$6.0B$6.7B$7.1B$8.1B$8.7B$9.3B$10.1B$10.8B
Revenue growth—11.8%7.0%13.3%7.4%7.5%7.5%7.5%
EPS$6.89$8.46$8.96$10.47$11.55$12.41$13.33$14.31
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$544.00$578.00$612.00$680.00$714.00

Catalysts & risks

Growth catalysts
+ Luce EV model launch (2026-2027) expanding addressable market into electric luxury segment
+ Strong order book extending through end-2027 providing revenue visibility and pricing power
+ Share buyback program of €3.5B through 2030 supporting EPS accretion
+ Continued pricing strength in ultra-luxury segment with 22.4% profit margins
+ New model launches and personalization strategy driving margin expansion
Key risks
- Middle East conflict impact (4.6% of shipments) creating near-term delivery uncertainty
- Macroeconomic sensitivity as consumer cyclical stock vulnerable to luxury demand contraction
- EV transition execution risk with Luce model (first full EV) requiring market acceptance
- Geopolitical tariff concerns affecting cross-border supply chain and pricing
- Limited production capacity constraining revenue upside despite strong demand

Methodology

Ferrari NV's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 9 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.