Ferrari N.V. (RACE)
Ferrari shares fall 7% after luxury carmaker launches first fully electric vehicle
Shares of luxury carmaker Ferrari fell sharply on Tuesday morning, shortly after the company launched its first fully electric vehicle.
Ferrari bets on generational tech shift with Luce five-seat EV
Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand.
Ferrari to unveil $586,000 electric car Luce as rivals tap brakes on EVs
The four-door EV, whose name means “light” in Italian, tops out at 193 mph and marks the boldest transformation in Ferrari's history.
Ferrari's Luce leads bold leap into uncertain electric era
As its sports car rivals tap the brakes on a shift to EVs, Ferrari will take a leap into an uncertain era on Monday with the launch of its first fully-electric car, betting it can connect with drivers even without a throaty engine roar.
The long road to Ferrari's first electric car
Ferrari , renowned for its roaring V8 and V12 engines, is unveiling its first fully electric model, the Luce.
The Only Exception In The Automotive Industry: Why Ferrari Breaks All The Rules
Ferrari N.V. stands alone in the auto sector, boasting stable 22% profit margins and a filled order book through 2027. RACE's exclusivity-driven strategy enables rising prices, resilient demand, and linear cash flow growth, unlike cyclical peers. Despite a 34% share price pullback and P/E at 5-year lows, RACE fundamentals remain robust, with conservative 10-year CAGR estimates near 11%.
Ferrari Beat Estimates. So Why Is the Stock Down?
Despite lower deliveries, Ferrari topped analyst estimates. Rival Lamborghini canceled its first full-electric vehicle, citing low demand.
Ferrari: Strong Start Reinforces Investment Case Despite Market Weakness
Q1 revenues reached €1.85bn (+3%, +6% FX-neutral) with EBITDA at €722m (39.1% margin) and EBIT at €548m, supported by mix, pricing, and personalization despite lower volumes. The order book extends into 2027, the net cash position improved to €388 million, and share buybacks continue (up to €250 million for the next tranche), underpinning EPS growth. While tariffs and FX remain headwinds, RACE's pricing power and brand strength mitigate demand risk.
Ferrari (RACE) Q1 Earnings and Revenues Surpass Estimates
Ferrari (RACE) came out with quarterly earnings of $2.73 per share, beating the Zacks Consensus Estimate of $2.7 per share. This compares to earnings of $2.42 per share a year ago.
Ferrari tops Wall Street's first-quarter expectations ahead of EV debut
Ferrari on Tuesday beat Wall Street's first-quarter earnings expectations and reconfirmed its guidance for the year. The sports car manufacturer reported adjusted EPS of 2.33 euros and revenue of 1.85 billion euros ($2.16 billion) during the first quarter.
Ferrari Maintains Guidance as New Models Help Boost Demand
The sports-car maker also echoed recent comments from other European automakers who have in recent weeks confirmed little to no impact from the war in Iran.
Ferrari (RACE) Reports Next Week: Wall Street Expects Earnings Growth
Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
