Ferrari surpassed Stellantis in stock market value

Over the past four months Ferrari has seen its shares rise by 34%, which has resulted in its market value now exceeding €52 billion, recording the highest performance among automotive stocks.

Today the market price of Ferrari is 52.17 billion euros, its share price is 268.5 euros. This means that Ferrari has a higher market value than Stellantis (47.66 billion euros), which has under its umbrella 16 brands (Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati , Mopar , Opel, Peugeot, Ram and Vauxhall).

Ferrari was separated from Fiat Chrysler in 2015 and listed on the Milan Stock Exchange in October of that year with a market value of €10 billion.

Ferrari’s impressive run appears to be just the beginning for analysts with RBC Capital setting a €321 price target. This is the second highest price as many see that the market expectations for the luxury brand may in the coming months be at the same level as Tesla.

Its shares are in many ways comparable to Europe’s luxury goods giants, delivering a total return of more than 500% since its inception in 2015. Over the same period, returns for European auto stocks were nearly 50%, including dividends.