Ferrari's stock experienced a slight decrease of -0.90%, currently priced at $337.40.The company's market capitalization stands at approximately $60.34 billion, indicating a strong position in the luxury automotive market.Despite a "Buy" rating from Bank of America Securities, Ferrari holds a Zacks Rank of #5 (Strong Sell), suggesting a less favorable earnings outlook.Ferrari (NYSE:RACE) is a renowned luxury sports car manufacturer known for its high-performance vehicles and iconic brand. The company operat ...

Ferrari's stock is cheaper than it's been in many years.In this video, Motley Fool contributors Jason Hall and Tyler Crowe make the case for Ferrari (RACE 0.30%) as a strong buy following the double-digit sell-off of its stock.*Stock prices used were from the afternoon of Jan. 22, 2026. The video was published on Jan 23, 2026. ...

Core Viewpoint - Ferrari's stock has experienced significant declines, with a year-to-date drop of approximately 9% and a 34% decrease from its all-time high of $517.65 in July of the previous year [1][2]. Group 1: Stock Performance - The stock is down about 9% year to date and has decreased by 13% in 2025 [1]. - Shares have fallen 34% from the all-time high closing price of $517.65 in July of last year [1]. Group 2: Recent Challenges - Two major issues have impacted Ferrari's stock: the introduction of tariffs and an underwhelming growth plan presented at the 2025 Capital Market Day [4][5]. - The tariffs announced by President Trump in early 2025 raised concerns among investors, although Ferrari later clarified that the impact on its business was minimal [4]. - The growth plan revealed at the Capital Market Day projected an average annual revenue growth rate of only 5% from 2026 to 2030, a significant slowdown compared to previous years [6]. Group 3: Future Growth Potential - The launch of the F80 supercar could act as a catalyst for revenue and earnings growth in 2026 and possibly 2027 [2][7]. - Ferrari has already allocated vehicle orders into 2027 and plans to enhance its product mix to drive sales growth over the next five years [7]. - Despite recent slower growth, with a year-over-year revenue increase of just 7.4% in Q3 2025, the company maintains a strong order book extending into 2027 [8][9]. Group 4: Business Model Strategy - Ferrari's conservative growth outlook is part of its business model, which focuses on maintaining exclusivity through limited production and order allocation [9].

Core Insights - General Motors (GM) has significantly outperformed Ferrari in the stock market over the past six months, with GM shares rising 59.2% while Ferrari's shares have dropped 32.8% [4] - GM's strategy focuses on a diverse range of vehicles catering to various consumer needs, while Ferrari specializes in high-end, exclusive sports cars [3] General Motors Overview - In Q3 2025, GM reported net revenues of $48.59 billion, a slight decrease from $48.76 billion in the same quarter of the previous year, but maintained a 17% market share in the U.S., up 50 basis points year-over-year [8] - GM's vehicle sales in China increased by 2.3% year-over-year in Q4, marking the third consecutive quarter of growth, with strong performance in NEV and BEV sales for 11 straight quarters [10] - The company generated $2 billion in software revenues in the first nine months of 2025, with deferred revenues rising 90% year-over-year and a growing subscriber base for its software services [11] - The Zacks Consensus Estimate for GM's 2026 EPS indicates a year-over-year growth of 15%, with recent improvements in EPS estimates for both 2025 and 2026 [12] Ferrari Overview - Ferrari reported net revenues of $2.06 billion in Q3 2025, a 14.2% increase from the same quarter in 2024, but faced a decline in shipments in key markets like Mainland China and the Americas [13][14] - The company has adjusted its long-term revenue target to approximately €9 billion ($10.4 billion) by 2030, with a reduced expectation that fully electric models will only make up 20% of its portfolio [15] - Ferrari's brand may not align with the evolving preferences of luxury car buyers in China, particularly younger consumers who prioritize advanced technology and sustainability [14] Valuation Comparison - GM is currently trading at a more attractive EV/EBITDA multiple compared to Ferrari, indicating a more reasonable pricing relative to its earnings before interest, taxes, depreciation, and amortization [16] Conclusion - GM is better positioned than Ferrari due to its broader scale, stronger growth momentum, and alignment with industry trends, while Ferrari faces challenges such as slowing growth and limited exposure to electric vehicles [17][18]

Core Viewpoint - Guy Spier of Aquamarine Capital has made significant sales in his portfolio during the fourth quarter, reflecting a cautious approach amid high market valuations and recent volatility [2][3]. Group 1: Portfolio Adjustments - Aquamarine Capital's fourth-quarter activity consisted entirely of sales, with no new purchases made [3]. - Spier reduced his stake in Berkshire Hathaway by over 30%, which remains the largest holding in his portfolio, now comprising nearly a third of it [3][4]. - The substantial reduction in Berkshire's stake may be more related to overall market valuations rather than a negative outlook on the company itself [4]. Group 2: Specific Stock Sales - American Express saw a significant stake reduction of around 69%, raising concerns about its valuation at a trailing P/E multiple of 23.6 [6][7]. - Mastercard's stake was trimmed by approximately 39%, reflecting a profit-taking strategy, with its trailing P/E at 34 [9]. - Spier cut his stake in Ferrari by 50%, a timely move as the stock has recently declined by nearly 11% [10].

在汽车市场的这一细分领域，收藏家们买卖六位数价格的稀有阿斯顿·马丁和法拉利跑车，是英国豪华 车行业整体健康状况的重要指标。根据以往历史，居高不下的转售率也使得这些车辆成为一种资产和财 富保值手段。 但目前，二手车市场也面临压力。据英国汽车制造商和贸易商协会(SMMT)的一份报告显示，尽管整体 二手车销量创下自2021年以来的最佳季度纪录，但包括交易稀有的二手保时捷和法拉利的经销商在内的 细分市场在2025年第三季度同比下降了8.6% 。 劳斯莱斯首席执行官Chris Brownridge在接受采访时表示："我们的需求往往会随着客户所在地的变化而 变化——我们发现，很多超高净值客户都在迁徙到不同的地方。因此，基于这些事实，英国的需求水平 并没有让我们感到意外。"他还表示，英国整体经济形势也在影响国内需求。 智通财经APP获悉，自从英国工党政府开始增税和取消富人税收优惠以来，大批富裕的企业主、继承人 和侨民开始离开英国。去年四月，英国政府废除了一项已有两百年历史的非英国居民税收优惠，并通过 其他方式打击英国的富裕精英阶层，例如对私立学校学费征税。其中，最明显的影响之一便是豪车销量 下滑。 虽然全球豪华车销量面临压 ...

（文/观察者网 张家栋 编辑/高莘） 据《华尔街日报》1月20日报道，受美国可能进一步加征关税的威胁影响，欧洲汽车板块当天遭遇集体 抛售，主要车企股价在早盘交易中明显下挫。 报道表示，该下滑是源于特朗普近期释放信号，计划对多个欧洲国家商品征收新关税所致。上周末，特 朗普试图以此向丹麦施压，推动其就格陵兰岛问题作出让步。 盖蒂图片社 根据特朗普的表态，美国将自2月1日起，对来自丹麦、挪威、瑞典、法国、德国、英国、荷兰和芬兰的 商品加征10%的关税，并计划从6月1日起将税率上调至25%。目前尚不清楚，这一轮新关税是否会与既 有措施叠加执行。 消息传出后，资本市场迅速作出反应：宝马、奔驰和保时捷股价均下跌超过3%，大众和法拉利跌幅超 过2%；沃尔沃汽车与阿斯顿·马丁下跌约2%，雷诺和Stellantis则回落约1.5%。 去年初，特朗普政府曾宣布对欧盟汽车征收25%的关税，在原有2.5%基础上大幅提高；随后经过双方长 时间拉锯，特朗普的强硬立场有所缓和，将欧盟进口整车及零部件的税率调整为15%，但前提是欧盟对 美国进口车辆免除全部关税。 英国方面，则采取分段式征收：前10万辆汽车适用10%关税，超出部分则需缴纳27 ...

Core Insights - Ferrari is positioned as a unique luxury stock within the automotive industry, defying typical industry challenges such as intense competition and low margins [2] - The company maintains high profit margins and pricing power by limiting vehicle production and introducing innovative technology [3][5] - Ferrari's upcoming F80 model, priced at nearly $4 million, is already sold out, showcasing its strong demand and pricing strategy [6] Financial Performance - Ferrari boasts a gross margin of 51.25%, significantly higher than its industry competitors, indicating strong financial health [9] - The company's market capitalization stands at $61 billion, with a current stock price of $345.30 [8] Market Position and Strategy - Ferrari has a strategic advantage in transitioning to electric vehicles (EVs), allowing it to wait for market readiness while already engaging in hybrid vehicle production [7] - In the third quarter of 2025, Ferrari's shipments were 57% internal combustion engine (ICE) vehicles and 43% hybrids, reflecting a balanced approach to market demands [9] Competitive Advantages - The company has demonstrated durable competitive advantages that have consistently driven its operating margins and profits higher over the past decade [10] - Ferrari's brand power and unique market positioning allow it to effectively manage its limited order book while maintaining high pricing power [5][10]

Group 1: European Stock Performance - In 2025, European stocks outperformed U.S. stocks, with Germany's DAX gaining 23%, Italy's FTSE MIB rising nearly 32%, and Spain's IBEX 35 skyrocketing 49% while the S&P 500 gained 16% [1] - Over the last decade, Hermès International Société delivered an annualized return of about 23%, with shares increasing from $32.19 to around $260, resulting in a total return of nearly 700% [2] - LVMH Moët Hennessy Louis Vuitton achieved a total return of 476% over the last decade, translating to an annualized return of about 19% [3][4] Group 2: Notable Companies - ASML, a leading semiconductor company, delivered explosive total returns of 1,585% over the last decade, with shares rising from $77.47 to over $1,200, resulting in an annualized return of nearly 33% [5] - Ferrari's stock saw a total return of about 829% over the last decade, with shares increasing from approximately $40 to over $350, yielding an annualized return of nearly 25% [6]

Core Viewpoint - Ferrari's stock is experiencing a decline, with a nearly 2% drop to $347.89, potentially reaching a new low at market open following downgrades from major financial institutions [1] Group 1: Analyst Ratings and Price Targets - Morgan Stanley downgraded Ferrari's rating from "Overweight" to "Equal Weight," reducing the target price from $520 to $425 [1] - Bernstein analysts indicated that Ferrari's long-term financial guidance is significantly below market expectations, with a compound annual revenue growth target of only 5% from 2024 to 2030, compared to the market's expectation of around 7% [1] - Berenberg lowered Ferrari's target price from $466 to $447 [1] Group 2: Upcoming Financial Results - Ferrari is scheduled to announce its 2025 financial results on February 10 [1]