Ferrari (NYSE:RACE) Lowered to “Hold” Rating by Hsbc Global Res

Hsbc Global Res downgraded shares of Ferrari (NYSE:RACE) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

A number of other research firms also recently weighed in on RACE. The Goldman Sachs Group upgraded Ferrari to a “strong-buy” rating in a research note on Monday, November 24th. Zacks Research downgraded Ferrari from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. JPMorgan Chase & Co. decreased their target price on shares of Ferrari from $460.00 to $457.00 and set an “overweight” rating for the company in a research note on Wednesday, November 12th. Citigroup dropped their price target on shares of Ferrari from $579.00 to $529.00 and set a “buy” rating on the stock in a research report on Thursday, October 16th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $395.00 price target on shares of Ferrari in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ferrari presently has a consensus rating of “Moderate Buy” and an average price target of $480.67.

Ferrari Stock Down 0.9%

Ferrari stock traded down $3.26 during midday trading on Tuesday, reaching $356.83. The stock had a trading volume of 486,280 shares, compared to its average volume of 646,232. The stock has a market capitalization of $86.49 billion, a P/E ratio of 36.07, a price-to-earnings-growth ratio of 4.02 and a beta of 1.01. The firm’s fifty day simple moving average is $384.15 and its 200-day simple moving average is $435.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.78 and a current ratio of 4.90. Ferrari has a 1-year low of $356.69 and a 1-year high of $519.10.

Ferrari (NYSE:RACE) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.15. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Ferrari had a net margin of 22.65% and a return on equity of 44.20%. Ferrari has set its FY 2025 guidance at 10.290- EPS. As a group, analysts expect that Ferrari will post 9.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Ferrari

Several hedge funds have recently bought and sold shares of RACE. Groupama Asset Managment grew its position in shares of Ferrari by 5.7% in the third quarter. Groupama Asset Managment now owns 16,990,621 shares of the company’s stock valued at $8,244,189,000 after purchasing an additional 916,821 shares during the last quarter. Vanguard Group Inc. grew its holdings in Ferrari by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,154,944 shares of the company’s stock valued at $2,498,710,000 after buying an additional 81,017 shares in the last quarter. Amundi increased its position in Ferrari by 8.0% during the 3rd quarter. Amundi now owns 2,972,368 shares of the company’s stock worth $1,461,008,000 after buying an additional 219,909 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Ferrari by 63.7% during the third quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock worth $1,295,907,000 after buying an additional 1,039,234 shares in the last quarter. Finally, Bank of Italy lifted its holdings in shares of Ferrari by 2.3% during the third quarter. Bank of Italy now owns 2,462,771 shares of the company’s stock worth $1,190,158,000 after buying an additional 55,500 shares in the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari signed driver Tom Wadoux to a multi‑year extension, showing continuity in its sports car/driver program and reinforcing brand motorsport commitment. Wadoux Signs Multi-Year Extension With Ferrari
• Positive Sentiment: F1 CEO Stefano Domenicali publicly urged Ferrari to have a clear plan and be strong for the 2026 season — a high‑profile push for organizational focus and likely to speed corrective actions. F1 chief Stefano Domenicali wants ‘strong’ Ferrari
• Neutral Sentiment: Reports that Ferrari plans to remove two parts from Lewis Hamilton’s 2026 F1 car before the season indicate active development/tuning decisions; this is an operational story with uncertain net impact on performance. Ferrari already plan to ditch two parts on Lewis Hamilton’s 2026 F1 car
• Neutral Sentiment: Commentary from a former Ferrari boss warning against negativity highlights internal and public-relations risks but is primarily opinion; it signals scrutiny rather than direct financial impact. Ferrari needs a plan as former boss warns against negativity
• Negative Sentiment: HSBC downgraded Ferrari from “strong‑buy” to “hold” (and later the “hold” rating was reported reaffirmed), increasing selling pressure by lowering the stock’s buy-side momentum. Zacks: HSBC Downgrade The Fly: Hold Reaffirmed at HSBC
• Negative Sentiment: An Autoblog piece showing a Chinese EV outperforming a Ferrari in sub‑optimal conditions raises competitive and brand perception risks as high‑performance EV makers improve. Watch A Chinese EV Beat Ferrari

About Ferrari

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.