Added to YB: 2026-05-29
Pitch date: 2026-05-26
RACE [bullish]
Ferrari N.V.
+3.76%
current return
Author Info
No bio for this author
Company Info
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
Market Cap
EUR 50.0B
Pitch Price
EUR 283.00
Price Target
N/A
Dividend
1.27%
EV/EBITDA
20.87
P/E
31.57
EV/Sales
7.10
Sector
Automobiles
Category
value
Ferrari: The Luce at the End of the Tunnel
RACE: Down 31% past year, -5.5% today on Luce EV reveal. Order book extends to end of 2027. Q1 rev €1.848B (+6% ex-FX), 39.1% EBITDA margin, €653M industrial FCF. Luce (€550K EV w/ Jony Ive design) has strong pre-orders. €3.5B buyback through 2030 + €640M dividend. 20x fwd EV/EBITDA vs 25-35x 5yr range. Risks: US tariffs, EV execution, FX headwinds.
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