Ferrari N.V. is a luxury automotive manufacturer renowned for its high-performance sports cars and a legacy steeped in racing heritage
The company crafts meticulously designed vehicles that embody speed, precision, and elegance, appealing to a discerning clientele. Beyond the production of iconic cars, Ferrari also engages in extensive brand development, promoting a lifestyle associated with exclusivity and luxury. Its commitment to innovation and sustainability is evident in its ongoing efforts to integrate advanced technologies into its vehicles, all while maintaining the distinctive character that defines the Ferrari brand. The company also participates in motorsport events, reinforcing its reputation for excellence in performance and engineering.
Bank of America has identified three key auto stocks it expects to outperform in 2025: Ferrari (RACE), Aptiv Inc. (NYSEAPTV) and AutoNation Inc. NYSE: ANNYSEAN)
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Ferrari N.V. stock fell after reporting Q3 results and revised outlook. Revenues up 6.5% YoY, EPS beats estimates. Strong growth, adherence to commitments.
A new Ferrari will set you back anywhere from a quarter to a half a million dollars. Obviously it’s a car for the ultra-wealthy. But the ultra-wealthy have done extremely well over the last couple of years and as a result so has Ferrari stock.
Shell PLC and Ferrari N.V. have renewed their partnership agreement until 2026 and Shell's subsidiary has acquired a combined-cycle power plant in Rhode Island.
