Since 2022, Ferrari’s historical daily share price data has been adjusted for splits. Ferrari’s most recent closing share price as of September 13, 2022, is $195.52.
- On November 22, 2021, the closing price of Ferrari stock reached an all-time high of 273.50.
- The 52-week high stock price for Ferrari is 278.78, or 42.6% more than the current share price.
- The 52-week low stock price for Ferrari is 167.45, or 14.4% less than the current share price.
- The 52-week average price of the Ferrari stock is 218.32.
Ferrari N.V. is a company that creates, produces, and sells sports automobiles. Its offerings include two grand tourer (GT) vehicles, the California T and FF, as well as sports car types including the 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, and 458 Speciale. The company also creates one-off, limited-edition, and supercars like the LaFerrari. Its primary operating regions include Greater China, Europe, the Middle East, India, Africa, the Americas, and the rest of Asia-Pacific. The headquarters of Ferrari N.V. are in Maranello, Italy.
In This Article...
How much is a Ferrari?
An interactive graph shows Ferrari’s (RACE) historical market capitalization (net worth) over the previous ten years. A company’s market capitalization, or the current stock price multiplied by the number of outstanding shares, often represents how much it is worth. Ferrari has a $37.31B market value as of September 12, 2022.
Who is the original Ferrari owner?
- Indian investors should take a conservative stance, according to Gautam Chhaochharia, ED & Head-India Mid Cap Research at UBS Securities. He has a weak position in the financial industry. At the moment, he prefers Federal Bank and ICICI Bank but dislikes SBI. “4700-4800 is a great support level.”
Singapore:
The 1947 Turin Grand Prix winner, the world’s oldest Ferrari, has been revealed for the first time following restoration and is now estimated to be worth an astounding $8 million.
The 166 Spyder Corsa, which was created by designer Enzo Ferrari just after World War II, is thought to be the oldest Ferrari in existence and was repaired for $500,000 by its owner Jim Glickenhaus of California, according to the Daily Mail.
This 12-cylinder vintage automobile is a one-of-a-kind, capable of speeds of up to 160 kmph, which were sufficient to win the vehicle the 1947 Turin Grand Prix.
Glickenhaus, 62, said that he paid roughly $770,000 for the vehicle in an auction in 2004.
After his first build crashed, Enzo Ferrari sold the vehicle, which had the serial number 002, for the first time in December 1947.
A Ferrari with the registration number 001C was claimed to be the oldest in the world by its owner in 2006.
This was actually a No. 2 vehicle produced prior to Mr. Glickenhaus’ 1947 model and might include some components from the first 01C Ferrari that crashed. However, this car uses Ford motor components in place of the original engine.
According to Glickenhaus, “My Ferrari still has the original chassis, engine, gearbox, and most of the mechanical elements.”
“I drove it to Marenello, the birthplace of Ferrari, in northern Italy. You can locate the mechanics who have kept this machine’s history alive there. They have all the necessary photos, components, and information to conduct an accurate restoration “said Glickenhaus.
How numerous Ferrari owners are there?
Many of those individuals have owned many Ferraris. Let’s assume that three is the average. Let’s assume that 400,000 or so people have owned one. Given that there are approximately 8 billion people on the earth, roughly 1 person in every 20,000 owns one.
Is it wise to invest in Ferrari?
In general, he predicted that the stock will continue to function and perform ok in the long run. “The vehicles are priceless. Almost no other life experience compares to the pure joy of driving.”
The shares of Ferrari are currently trading at a significant premium to Morningstar analyst Richard Hilgert’s assessment of their fair value, which is 70 euros (about $80).
Regarding an SUV, he asserted that the corporation was appropriate to delay production and consider all options in order to avoid upsetting Ferrari devotees. He wants Ferrari to pursue electric sports vehicles in order to keep up with the times and the evolving regulatory landscape. In addition, he said that despite being a “Ferrarista,” the new CEO had never been in charge of a luxury products business before Ferrari.
Is Ferrari a successful business?
Ferrari is still by far the most successful automaker out of all the brands. From 21.4 percent in 2020 to 25.5 percent in 2017, it saw a rise in operating margin. According to the data, the corporation will make a staggering $106,078 for each device sold in 2021. With $6,693 in revenue per vehicle, Tesla came in a very far second.
Felipe Munoz, the article’s author, works with JATO Dynamics as an automotive industry specialist.
Do you want to buy a Ferrari?
Building on double-digit growth in every global market, Ferrari enters 2022 with a better product mix that includes the SUV Purosangue and the Dayton SP3. This should enable the business to satisfy the demands of customers who want more from their Ferrari and increase its exposure to new Ferrari owners.
The plans of the corporation appear to have the support of analysts. Ferrari is ranked as the best electric car stock for 2022 by Morgan Stanley, and the average 12-month price prediction for all analysts following the firm is $294. One of several reasons to buy Ferrari is that the target price represents a 31% increase from the stock’s current price of $224.
How quickly do Ferraris lose value?
The quick answer is that a supercar is not for you if depreciation is a concern. By all means, go ahead if you have a fondness for supercars, specifically Ferrari.
Having said that, it’s likely that depreciation won’t be as much of a problem as you may anticipate.
In the first three years after purchase, Ferraris lose 15% of their value on average. Simply said, Ferrari sells a lot fewer cars than Lamborghini or Porsche, which helps it perform far better.
The values of 13 of the most sought-after street Ferraris from the 1950s to 1970s are averaged to create the Hagerty Price Guide Index, which is modeled after a stock market index. The values for the years for cars in #2 condition or “great” are displayed on the graph.
Although there may have been a downturn in the Ferrari market early in the year, it is currently holding stable at a more relaxed, practical level.
Do Ferraris ever lose value?
Many individuals will first think of Ferrari when talking about their ideal automobiles. The renowned Italian supercar maker has a long history of producing some of the best high-performance automobiles ever made, and is considered to be the epitome of luxury, class, and sophistication. Are Ferraris a wise investment for people who can purchase them if they are wealthy enough to do so?
Ferraris depreciate in value, which means they are always losing value, just like all other automobiles. While this is true, supercars also tend to hold their value much better than regular cars. Given that they are a premium brand and produce far fewer vehicles than other manufacturers, Ferrari is a prime example of this. Ferraris are frequently seen in movies rather than on the road, therefore they will always be attractive investments that retain their worth well.
Considering how well-maintained Ferrari models are, purchasing a used Ferrari can be a wise choice. This would allow you to significantly reduce the cost of what will always be a very large outlay. Additionally, you would avoid taking the worst depreciation hit, which happens in the first year, meaning that you would lose less money by purchasing used.
Therefore, a Ferrari is a wiser investment than the majority of automobiles, but buying one does not just require a quick trip to the dealership. Purchasing a Ferrari is unlike purchasing any other vehicle since the Italian manufacturer actually has a significant influence over who purchases their vehicles – Ferrari chooses you, not the other way around.
Ferrari’s requirements include passing a thorough background check, not selling the vehicle during the first year or without notice, and refraining from making any alterations because the vehicles are flawless as-is. According to another rumor, collectors who own Lamborghinis are excluded from VIP lists for specially produced Ferrari automobiles (this is a result of an intense rivalry between the two).
A Ferrari can improve your life in numerous ways if you are successful in passing the tests and have the money to buy one. You will join a select group and draw attention wherever you go, but it’s crucial to be aware of the high maintenance costs associated with these luxury cars, which you will need to take into account as well.
Ferrari is the most sought motor brand, and it offers a driving experience that is unmatched by any other. Ferraris can be a fantastic investment for individuals who can afford them and are given the go-ahead by the company because they not only keep their value better than other supercars but also have the power to change your life.
Will the price of Ferrari rise?
NV Ferrari (NYSE:RACE) The median price target among the 18 analysts who are providing 12-month price projections for Ferrari NV is 243.50, with a high estimate of 300.00 and a low estimate of 173.39. Comparing the median estimate to the most recent price of 195.68, a +24.44% rise has occurred.
Who has the largest collection of Ferraris?
The Sultan Hassanal is not the only member of the royal family that enjoys automobiles. Six 456 GT Venice Ferrari station wagons were ordered by his brother, Prince Jefri. The collection also includes an F90, a 1995 FX (the Sultan requested six of these cars), two 250 GTOs, and an F40, among other notable Ferraris.
There are several, numerous more. actually too numerous to list. The world’s largest automobile collection is so extravagant and lavish that it makes people cringe. However, every vehicle enthusiast must take a moment to collect themselves before leaving this literal sea of luxury due to the collection’s sheer size, worth, and beauty.
Can you drive a Lamborghini and a Ferrari?
Some of the most fiercely contested automaker battles in history are Ford vs. Chevy, BMW vs. Mercedes-Benz, and Audi vs. Peugeot. Lamborghini and Ferrari are among the best and should be listed as well. The Vintage News claims that Ferruccio Lamborghini’s remark about Enzo Ferrari’s automobiles was the catalyst for the entire incident. The rest is history as Lamborghini broke away and began building his own vehicles.
These two automakers haven’t gotten along so well, and things have grown so bad that they’ve set boundaries. Fans must choose one or the other; it is improper to drive vehicles made by both automakers.