Ferrari $RACE reported record results for Q3 2023. Sales reached 1.54 billion euros ($1.55 billion), up 23.5% year-over-year. Vehicle deliveries were up 8.5% year-over-year. Adjusted EBIT was €423 million ($426 million), up 41.6% year-on-year. Adjusted net profit was 332 million euros ($334 million), up 45.7%. Holt is probably getting more people who can/want to afford it. I...
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Ferrari N.V.
RACE
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NYSE
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36 Followers
Fair Price

$880.84
Fair Price Index
The fair price of a share represents the true value of the company's share based on its financial condition and performance. Unlike the current market price, which can fluctuate depending on the mood of the market, the fair price provides us with a better understanding of whether the share is truly advantageous.
Overvalued by 71.4%
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Shares of $RACE have gained more than 30% this year, which is very solid, and the company's stock has been rising for a long time. However, the stock currently strikes me as expensive.
Would it make sense for you to have $RACE stock in your portfolio and if so, at what price would you overbuy?
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I was about to buy a real alle then a fair price came up here on Bulios and it took the wind out of my sails... so now I'm waiting :)
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I have to say, it's interesting and I would love to buy shares in a company with a luxury brand. Well, thanks for the tip.
absolutely right my dear this is really good information about ferrari
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