A Florida Billionaire Pays $40 Million for Ferrari EV Everyone Mocked
Philanthropist Herbert Wertheim paid a record price at auction for a Ferrari Luce sports car in the name of charity.
RACE - Ferrari N.V.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$469.25
DETAILS
HIGH:
$490.00
LOW:
$442.00
MEDIAN:
$472.50
CONSENSUS:
$469.25
UPSIDE:
7.49%
Stock News
Ferrari's first electric car just fetched $40M at auction after getting roasted for being a massive fail
The Luce, Ferrari's first fully electric car, was developed with LoveFrom, the design firm founded by ex-Apple design chief Jony Ive and Marc Newson.
Ferrari Stock Rises After Electric Supercar Fetches Record $40 Million
Ferrari (RACE), the Italian luxury automaker built on scarcity, brand power and extreme personalization, created a historic moment after a one-of-one Luce elect
Ferrari's first EV sells for staggering $40M at Monterey auction
Ferrari's first production electric car fetched $40 million at auction, with proceeds benefiting educational initiatives through the Ferrari Foundation.
The Best Car CEO: Elon Musk Loses by 7x to Someone You've Probably Never Heard of
Elon Musk runs the most talked-about car company on earth. On the metrics that actually describe a car business, Benedetto Vigna runs a significantly better one, by a margin of at least 7-to-1.
Ferrari gets Jefferies backing as classic car auction prices surge
Ferrari (NYSE:RACE) NV has retained a 'buy' rating from Jefferies after strong results at the Monterey classic car auctions reinforced the broker’s bullish...
Ferrari gets Jefferies backing as classic car auction prices surge
Ferrari (NYSE:RACE) NV has retained a Buy rating from Jefferies after strong results at the Monterey classic car auctions reinforced the broker's bullish view on the luxury carmaker. Jefferies maintained a €400 price target on the Milan-listed shares, implying around 12% upside from €356.80, while its US-listed target remained US$435 against a share price of US$414.85.
Ferrari's bespoke Luce EV one-off fetches $40 million at charity auction
Ferrari has sold at auction a one-off, bespoke version of the Luce, its first fully electric vehicle, for $40 million, the Italian luxury sports car maker said, adding that the money will be used for education projects to help young people.
Ferrari's first electric car sells for $40 million at auction
Ferrari (NYSE:RACE)'s (Ferrari (NYSE:RACE) first all-electric car has sold for $40 million at a charity auction, setting a record for the highest price paid for a new car at auction. The customised, tailor-made Ferrari (NYSE:RACE) Luce was sold during Monterey Car Week by RM Sotheby's, with proceeds going to future educational initiatives.
Ferrari Luce: Polarizing EV debut becomes a $40 million collector's item
A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly two months after the unveiling of Ferrari's first fully electric car, which sparked a negative market reaction.
1 Market-Beating Auto Stock Up 746% in the Past 10 Years That Warren Buffett Would Agree Is a Compounder (Hint: It's Not Tesla)
Despite strong Q2 results, Tesla's automotive segment has been hurt by macro and industry headwinds in recent years. Ferrari's revenue and earnings beat analyst estimates in the second quarter.
Ferrari Vs. Porsche: Why I Prefer Ferrari Despite Its Premium Valuation
Ferrari earns my buy rating thanks to its scarcity-driven model, exceptional pricing power, strong margins, and increasingly valuable personalization business. Ferrari's premium valuation is justified by superior fundamentals, but its elevated multiples leave little room for slower growth or weaker luxury demand. Porsche earns a Hold rating as restructuring progress, strong liquidity, and improving profitability are offset by execution risk, product gaps, and margin pressure.
ATMU or RACE: Which Is the Better Value Stock Right Now?
Investors interested in Automotive - Original Equipment stocks are likely familiar with Atmus Filtration Technologies (ATMU) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
2 Hugely Overlooked Auto Stocks With Massive Upside
The automotive industry is changing the narrative that it's a low-margin business thanks to advanced driver-assist technologies, and more software, apps, and services.
ATMU or RACE: Which Is the Better Value Stock Right Now?
Investors interested in Automotive - Original Equipment stocks are likely familiar with Atmus Filtration Technologies (ATMU) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
Is Ferrari a Buy After Its Latest Earnings Report?
This, despite revenue and profitability growth that was lofty for the auto industry. The high-end auto maker also raised its annual guidance.
Ferrari Q2 Earnings Call Highlights
Ferrari NYSE: RACE reported higher second-quarter revenue, profitability and industrial free cash flow, supported by a richer vehicle mix, stronger personalization activity and increased racing-related revenue. The company also said demand remained healthy across regions, with its order book covering the full 2027 calendar year.
Ferrari price target lifted on pricing power and personalization growth
Jefferies raised its price target on Ferrari (NYSE:RACE) to €400 from a previous level, maintaining a 'Buy' rating, after the luxury automaker's second quarter results highlighted stronger-than-expected pricing power and demand for personalization options. Ferrari (NYSE:RACE) shares were trading at around €340 following the update.
Ferrari price target lifted on pricing power and personalization growth
Jefferies raised its price target on Ferrari (NYSE:RACE) to €400 from a previous level, maintaining a 'Buy' rating, after the luxury automaker’s second...
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), July 31, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
Price Targets
Ferrari (RACE) PT Raised to $460 at Bernstein SocGen Group
$460.00
(was $390.51)
Stephen Reitman
·
Bernstein
Ferrari price target raised to $442 from $438 at Morgan Stanley
$442.00
(was $390.55)
Morgan Stanley
Ferrari price target lowered to $490 from $497 at UBS
$490.00
(was $397.73)
UBS
Ferrari (RACE) PT Raised to $485 at Evercore ISI
$485.00
(was $397.73)
Michael Binetti
·
Evercore ISI
Ferrari price target raised to $497 from $483 at UBS
$497.00
(was $374.66)
UBS
Morgan Stanley Upgrades Ferrari (RACE) to Overweight
$438.00
(was $354.91)
Edouard Aubin
·
Morgan Stanley
Ferrari price target raised to $420 from $415 at Morgan Stanley
$420.00
(was $379.08)
Morgan Stanley
Ferrari (RACE) PT Raised to $410 at Bernstein SocGen Group
$410.00
(was $381.97)
Stephen Reitman
·
Bernstein
Bernstein SocGen Group Reiterates Outperform Rating on Ferrari (RACE)
$395.00
(was $378.04)
Stephen Reitman
·
Bernstein
Ferrari price target lowered to $555 from $563 at UBS
$555.00
(was $370.85)
UBS
Ferrari price target lowered to $420 from $425 at Barclays
$420.00
(was $375.86)
Henning Cosman
·
Barclays
Ferrari downgraded to Equal Weight from Overweight at Morgan Stanley
$425.00
(was $393.21)
Morgan Stanley
Ferrari price target lowered to $481.67 from $521.17 at BofA
$481.67
(was $395.15)
Loop Capital Markets
Ferrari (RACE) PT Raised to $563 at UBS: Outlined Targets Conservative
$563.00
(was $391.46)
Zuzanna Pusz
·
UBS
Ferrari initiated with a Buy at Goldman Sachs
$454.00
(was $389.19)
Goldman Sachs
Ferrari price target raised to $554 from $529 at UBS
$554.00
(was $406.02)
UBS
Ferrari price target lowered to $475 from $580 at Evercore ISI
$475.00
(was $399.73)
Evercore ISI
Ferrari price target lowered to $529 from $579 at UBS
$529.00
(was $389.56)
UBS
Ferrari price target lowered to $475 from $554 at Bernstein
$475.00
(was $407.38)
Daniel Roeska
·
Bernstein
Ferrari price target raised to $579 from $570 at UBS
$579.00
(was $504.09)
UBS