Ferrari beat estimates on both earnings and revenue while raising full-year guidance, powered by robust personalization demand and an order book that extends entirely through 2027, undercutting concerns about geopolitical headwinds on ultra-luxury spending.
Ferrari :
RACE
RACE
Stock Data
$409.61
$2.40 (0.59%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO MANUFACTURERS
Ferrari N.V. is a symbol of luxury and performance, renowned for its high-end sports cars that blend iconic design with cutting-edge engineering. Founded in 1947 and based in Maranello, Italy, Ferrari not only crafts a range of prestigious vehicles, including special series and supercars, but also offers limited edition models and a bespoke one-off service. Beyond manufacturing, Ferrari extends its brand through licensing, operates museums and theme parks, and offers financial services, apparel, and accessories. It sells its cars globally through a mix of authorized dealers and its website, ensuring an exclusive experience for its clientele.
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