Ferrari's Stock Upgrade by HSBC to "Buy"

• HSBC upgraded Ferrari to "Buy" from "Negative" with a stock price of $490.24.

• The stock has shown a price movement of 0.91%, reflecting positive investor sentiment and a potential for growth.

• Ferrari's market capitalization is approximately $87.37 billion, indicating its significant presence in the luxury automotive industry.

Ferrari, listed on the NYSE under the symbol RACE, is a renowned luxury sports car manufacturer. Known for its high-performance vehicles, Ferrari competes with other luxury brands like Lamborghini and Porsche. On October 2, 2025, HSBC upgraded Ferrari's stock rating to "Buy" from a previous "Negative" rating, with the stock priced at $490.24 at the time.

The stock has shown a price movement of 0.91%, as noted by The Motley Fool. This suggests that Ferrari is a strong contender in the stock market. The stock's current price of $490.24 reflects an increase of 1.03%, or $5.02, indicating positive investor sentiment following the upgrade.

Today, Ferrari's stock has fluctuated between a low of $481.75 and a high of $490.95. Over the past year, the stock has seen a high of $519.10 and a low of $391.54. This range highlights the stock's volatility and potential for growth, making it an attractive option for investors.

Ferrari's market capitalization stands at approximately $87.37 billion, showcasing its significant presence in the luxury automotive industry. The trading volume for the day is 375,078 shares, indicating active investor interest and engagement with the stock.