to view your mail
U.S. markets close in 6 hours 2 minutes
Ferrari N.V. (RACE)
NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
As of 9:58AM EDT. Market open.
312 reactions on $RACE conversation
Sign in to post a message.
They had some interesting insights about RACE on
. Definitely made me think twice about the company.
logic. if you make the expectations as low as possible, even this results are good. But one thing is wrong. Stock is at all time high
Remains to be seen if electric vehicles with be accepted by a new generation that is less of a "car culture" than in the past.
I say no, so i'm out.
Ferrari's appeal is and was their world class ICE engines...truly works of art.
Ferrari's stock ticker is RACE. If you've followed Formula 1, you could see that their team has been struggling. They barely qualify mid-pack, which would normally be embarrassing, but in the 2nd race, they took disaster to another level by knocking each other. Good thing for RACE, nobody is paying attention and people are still buying Ferraris in record numbers, Covid not having much of an impact for Ferrari operations, either. We should see Tesla valuation coming soon, based on RACE performance. All in.
Fundamentally this stock is overvalued.
In uncertain times, only Gold and Ferrari go up!
Kudos and prayers to Marchionne.👍🙏
The longer term outlook for luxury goods is horrible. I think they are dumping money into buy backs to prop SP. once this genius plot proves in unsustainable expect reality to drop SP radically.
I bought RACE in 5-2016 at 37, I don't believe they were ever much lower, I think they start at around $40, I checked my records. I don't know why are lower in the last weeks, the company is strong and customers are waiting for their new models, every car is already sold before his creation, no other car producer in the world can compete with Ferrari, they have been trying for tens of years but the stock market is not completely aware of this, this is probably why the slow down, it's an Italian car and Wall Street is in America therefore some experts have some problem foresee the outcome, they don't speak Italian. Ferrari since the opening have never missed the positive forecast, never and I'm sure it will be the same next meeting in January or February 2020. "Ferrari sei Grande" !
Target price for RACE is moved up to $225 by one of the top analyst.
I was really hoping to buy a Ferrari with my 1000 shares .
Oh well not in this life....
Farrari is the best car.. I love it...
I personally know friends in China who buy expensive cars just because they are expensive. It’s hard to understand if you don’t understand how some of the rich people live in China. The more expensive Ferrari sells their cars, the most sales they get. The tariff has no effect on them.
Some People Did Something
The car is expensive and the stock is expensive...grrrrr. This is only for the rich. :(
$Race can produce only 9000 cars. so their revenue is limited. They will have to increase a production in order to increase its revenue
I love my Ferrari ;)
how does this stock rebound? unveiling of the 5 year plan next month?
just never know... been a very good year I strongly believe earnings will be above guidance. little dip this week before earnings. lets (RACE) to new highs in the second half of 2018
Ferrari never lose money, customers are on line for years to buy one of them and most of them are sold long before release. How can any analyst be against it? Because speculation plus speculation and they're always wrong.
I have bought Race since the beginning and so far Ferrari has never disappointed me, I made money on Bitcoins but I had to sell it when I was still ahead, lost $80,000 when I was ahead $120,000, still made $40,000 profit on Bitcoin, never sold Race, now the main stocks I have is RACE and NVDA, the rest I'm still losing, are some penny cryptocurrency stocks, lost too much on them so I wait if they ever come back, I can't lose much anymore on them. RACE and NVDA are my back bone and I'll keep long, another stock to watch, is moving up lately and has potential for a big growth is AMD, I might buy it again, I'm not too sure about it.
'Intergenerational conflict' is getting worse, Deutsche Bank analysts warn
President Trump & the CDC disagree on coronavirus vaccine rollout
Yahoo Finance Video
Why a stock market already priced for perfection can go a lot higher: Morning Brief
Advertise With Us
© 2020 Verizon Media. All rights reserved.
About Our Ads
Discover new investment ideas by accessing unbiased, in-depth investment research