Ferrari

Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.

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Maranello, September 2, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (‘Ferrari' or the ‘Company') announces that, effective January 1, 2025, UniCredit S.p.A. will partner with Ferrari S.p.A., its wholly-owned subsidiary, to be at its side in its Formula 1 racing activities under a multi-year agreement.

FERRARI AND UNICREDIT TOGETHER FOR A MULTI-YEAR PARTNERSHIP

Maranello, August 30, 2024 - Ferrari N.V. (NYSE/ EXM: RACE) (‘Ferrari' or the ‘Company') announces the termination of the partnership between Ferrari S.p.A., its wholly-owned subsidiary, and Santander, effective as of December 31st, of 2024 since the committed three-year contract will end.

FERRARI AND SANTANDER END THEIR PARTNERSHIP

Ferrari N.V.'s “resilient and proven business model” led Morgan Stanley on Tuesday to raise its price target on the luxury carmaker's stock to $520, among the highest forecasts on Wall Street.

Here's why Ferrari's stock can zoom past $500, Morgan Stanley says

With GM skidding below its 50-day line and Tesla still in charging mode, Ferrari has raced to the top of its buy zone.

GM And Tesla Keep Eating Ferrari's Dust

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Onestream Inc

Recent new issue OneStream and Ferrari are at new highs and in buy zones. The relative strength line is at a new high for OneStream.

Ferrari Stock Is Racing To New Highs Along With This New IPO

Strong revenue and earnings growth have propelled Ferrari. The company's brand stands for exclusivity, leading to impressive pricing power.

1 Phenomenal Stock Up 166% in 5 Years: Is It Too Late to Buy?

Rising profit estimates, stock buybacks and EV ambitions have sent Ferrari stock to record highs.

Ferrari Stock Breaks Out — And There's More To The Excitement Than Lewis Hamilton

Ferrari reported strong second quarter results, beating estimates with revenue growth, margin improvement, and EPS growth. The company's unique business model, scarcity of products, and control over sales contribute to consistent growth and margin expansion. Analyst consensus on Ferrari's valuation and growth potential is underestimated, with the company expected to outperform expectations in the future.

Ferrari: After Q2 Earnings Beat, Consensus Estimates Still Seem Low

Allison Transmission Hlds

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?

ALSN vs. RACE: Which Stock Should Value Investors Buy Now?

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At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs.

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Ferrari (RACE) boosted its full-year guidance when delivering second-quarter results that topped revenue expectations on Thursday.

Ferrari Lifts Full-Year Guidance on Q2 Shipment Growth

Ferrari N.V. (NYSE:RACE ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch Michael Binetti - Evercore ISI George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux Henning Cosman - Barclays Stephen Reitman - Bernstein Martino de Ambroggi - Equita Anthony Dick - ODDO BHF Monica Bosio - Intesa SanPaolo Operator Good day, and thank you for standing by.

Ferrari N.V. (RACE) Q2 2024 Earnings Call Transcript

Ferrari (RACE) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.99 per share a year ago.

Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates

Ferrari on Thursday raised its forecasts for its full-year revenues core earnings, after the luxury sports car maker beat estimates in the second quarter, supported by a richer product offer and increased demand for personalisations.

Ferrari ups FY forecasts after strong Q2 on larger offer, personalisations

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(1) for the second quarter and six months ended June 30, 2024:

Q2 2024 RESULTS CONFIRM STRONG EXECUTION AND CONTINUED GROWTH 2024 GUIDANCE REVISED UPWARD

Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and preemptive checks aimed at preventing potential tax disputes.

Ferrari shores up cooperation with Italian tax authority to ensure transparency

Cleveland-Cliffs

Texas Instruments

“The person that turns over the most rocks wins the game,” prominent investor Peter Lynch famously said regarding investing. This basically means that investors need to do a lot of digging and research in order to find quality stocks in which to invest their capital.

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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.

Ferrari (RACE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.

Ferrari to accept crypto-payments in Europe

Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year.

Ferrari extends cryptocurrency payment system to Europe after US launch

Ferrari leads the Luxury Performance Car Industry with a 25% market share and plans to release its first electric car in Q4 2025. Financial performance is strong, with revenue growth of 7% and earnings growth of 12%, but the stock's growth prospect is limited. Despite excellent business performance, Ferrari shares are overvalued based on P/E, suggesting caution for potential investors.

Ferrari: Quantitative Analysis Suggests The Stock Is Overvalued

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?

ALSN or RACE: Which Is the Better Value Stock Right Now?

Maranello (Italy), July 17, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2024 will be released on Thursday, August 1, 2024.

Ferrari to Announce Second Quarter 2024 Financial Results on August 1

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