Analyst’s Disclosure:I/we have a beneficial long position in the shares of RACE, TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether ...

Analyst’s Disclosure:I/we have a beneficial long position in the shares of RACE, TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether ...

Ferrari's brand is built on roaring, gas-fueled engines. Are its fans ready for an electric supercar? Read more: https://t.co/kgLeakP4Uc📷: Ferrari NV https://t.co/9hiskVxpkT ...

Group 1 - Increasing number of international car manufacturers are slowing down their electrification plans, with Ferrari announcing a reduction in its target for pure electric vehicles to 20% by 2030, down from 40% previously set in 2022 [2] - Ferrari plans to double the proportion of pure gasoline vehicles in its 2030 lineup to 40%, while maintaining hybrid models at 40% [2] - Following Ferrari, Porsche has also announced a significant shift in its electric vehicle strategy, delaying the launch of several new electric models and extending the production life of internal combustion and hybrid vehicles for the next decade [2] Group 2 - Traditional luxury car brands are also pausing their full electrification plans, with Volvo retracting its commitment to full electrification by 2030 and setting a more flexible target of 90%-100% sales being electric or plug-in hybrid [3] - Audi has reversed its previous management's plan to stop developing and selling internal combustion engine vehicles by 2033, with no clear timeline for termination now [3] - Mercedes-Benz has also adjusted its electrification strategy, extending the production cycle of internal combustion engine models due to lower-than-expected market acceptance of electric vehicles [3] Group 3 - The recent adjustments in electric vehicle sales targets by international car manufacturers are attributed to market factors and the increasing conflict between profitability and the substantial R&D investments required for electrification [3] - For instance, Porsche's R&D expenditure for electric models has surged from 15% of total spending in 2021 to 37% in 2024, while overall profit margins have decreased from 18.3% to 14.5% [4] - Factors such as rising import tariffs in the U.S., a cooling luxury car market in China, and a slowdown in electric vehicle adoption have compelled companies to adopt a more cautious strategy [4]

2025.10. 10 在奥迪宣布电动化计划转变后不久，梅赛德斯-奔驰也调整了电动化转型计划，将延长内燃机车型生产周期。该公司 CEO康林松向媒体表示，需对原定2030年全面电动化目标进行"计划修正"，主要原因是市场对电动车的接受度低于 预期。 国际化车企近期纷纷下调电动汽车销售目标，主要的原因除了上述的市场因素外，还有在全球环境的不确定下，这些 车企盈利能力和电动化转型巨额研发投入之间的矛盾激化。 本文字数：1088，阅读时长大约2分钟 作者 | 第一财经 肖逸思 越来越多国际车企放缓电动化转型计划。 近日，法拉利宣布，将调整其电动化转型目标，到2030年，法拉利车型阵容中纯电动汽车的占比约为20%，而此前 法拉利在2022年提出来的该数值目标为40%，降低的20%销量比重将被燃油车取代。法拉利计划将其2030年阵容中 纯燃油车的比例提高一倍至40%，而混合动力车型的比例则仍维持在40%。 在暂缓电动化转型计划的同时，法拉利公布的2030年业绩指引也未达华尔街预期。受此消息影响，当地时间10月9 日，法拉利（RACE.US）美股大跌14.99%至407.38美元，这也是其上市以来的最大单日跌幅。 在业绩增长 ...

Core Viewpoint - Ferrari (RACE) has experienced a significant decline of 15% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal as analysts expect better earnings than previously predicted [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is a momentum oscillator that helps identify whether a stock is oversold, with readings below 30 indicating oversold conditions [2] - RACE's current RSI reading is 24.58, suggesting that the heavy selling pressure may be exhausting itself, leading to a potential trend reversal [5] Group 2: Fundamental Analysis - Over the last 30 days, the consensus EPS estimate for RACE has increased by 6.1%, indicating a positive trend in earnings estimate revisions, which typically correlates with price appreciation [7] - RACE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [8]

Group 1 - Ferrari has adjusted its electrification goals, aiming for 20% of its lineup to be fully electric by 2030, down from a previous target of 40% [2] - The company plans to increase the proportion of pure combustion vehicles in its 2030 lineup to 40%, while maintaining hybrid models at 40% [2] - Following this announcement, Ferrari's stock fell 14.99% to $407.38, marking its largest single-day drop since going public [2] Group 2 - Porsche has also announced a significant shift in its electric vehicle strategy, delaying the launch of several new electric models and extending the production life of internal combustion and hybrid vehicles for the next decade [2][3] - Volvo has retracted its commitment to full electrification by 2030, now setting a flexible target of 90%-100% of sales to be electric or plug-in hybrid [3] - Audi has reversed its previous plan to stop developing and selling internal combustion engine vehicles by 2033, with no clear timeline for ending production [3] Group 3 - Mercedes-Benz has adjusted its electrification plans, extending the production cycle for internal combustion engine models due to lower-than-expected market acceptance of electric vehicles [3] - The automotive industry is facing increased costs associated with electrification, with Porsche's R&D spending on electric models rising from 15% of total expenses in 2021 to 37% in 2024, while overall profit margins have decreased from 18.3% to 14.5% [4] - Factors such as rising import tariffs in the U.S., a cooling luxury car market in China, and a slowdown in electric vehicle adoption are prompting companies to adopt more cautious strategies [4]

Core Insights - Ferrari's stock experienced a significant decline following the company's updated revenue guidance for 2025 and 2030, with a 15% drop on Thursday, marking its worst trading day ever [1][3][7] - The company's 2030 revenue forecast of approximately 9 billion euros fell short of Wall Street's consensus estimate of around 10 billion euros, leading to investor disappointment [3][4][6] - Ferrari's adjusted EBITDA for 2030 is projected to be 3.6 billion euros, reflecting a lower annual growth rate of 6% compared to the previously anticipated 10% [4][7] Revenue Guidance - For 2025, Ferrari estimates revenue will be at least 7.1 billion euros, a slight increase from the previous estimate of over 7 billion euros [3][6] - The 2030 revenue outlook of 9 billion euros is significantly below analysts' expectations, contributing to the stock's decline [3][6] Electric Vehicle Strategy - Ferrari announced a reduction in its electric vehicle (EV) ambitions, stating that only 20% of its vehicles will be EVs by 2030, down from the previously expected 40% [5][7] - The company plans to continue focusing on hybrids and internal combustion engine (ICE) powertrains, which will account for 40% of its models in 2030 [5][7] Market Reaction - Investors reacted negatively to the combination of lower revenue guidance, disappointing EBITDA growth projections, and a scaled-back EV strategy, resulting in a notable drop in share price [1][6][7] - The upcoming third-quarter results are anticipated to provide further insights into Ferrari's performance and strategy [7]

Core Insights - Ferrari's stock dropped nearly 15% due to disappointing management projections, but it is currently trading within a historical support range, which has previously led to significant rebounds averaging 22.8% [1] Group 1: Company Performance and Projections - Ferrari has reduced its 2030 electric vehicle (EV) production target from 40% to 20%, indicating a more conservative approach to electrification [5] - The company projected 2030 EBITDA of at least €3.6 billion, suggesting a slower growth rate than earlier forecasts, which has raised investor concerns [5] - The launch of Ferrari's first EV, the Elettrica, has been delayed until late 2026, with a second EV model still in early planning stages, creating uncertainty about future product offerings [5] - Revenue growth for Ferrari has been 12.4% over the last twelve months (LTM) and an average of 15.7% over the past three years [5] - The company has a free cash flow margin of approximately 18.2% and an operating margin of 28.9% LTM [5] - Ferrari's stock is currently trading at a price-to-earnings (PE) multiple of 46.0, which is higher compared to the S&P [5] Group 2: Market Context and Risks - Historical data shows that Ferrari's stock has experienced significant declines during market downturns, including a 38% drop during the inflation shock and a 28% decline during the Covid sell-off [4] - The stock's current trading levels have previously seen buying interest, with three significant rebounds in the past decade [1][3]

Core Viewpoint - Ferrari is choosing to advance its electric vehicle (EV) strategy with the introduction of its first all-electric model, the "Elettrica," while other luxury brands are slowing down their electrification efforts [1][3]. Group 1: Product Development and Strategy - The "Elettrica" is not a supercar but a practical four-seat GT, aimed at expanding Ferrari's customer base rather than converting existing fuel vehicle owners [3][4]. - Ferrari's CEO, Benedetto Vigna, emphasizes the brand's commitment to delivering unique driving pleasure through electric technology [3]. - The development team believes that electric vehicles can enhance driving characteristics, interior space, and visibility, attracting customers who typically wouldn't consider a Ferrari [3][4]. Group 2: Technical Specifications - The "Elettrica" will feature a total output power exceeding any previous Ferrari road car, with four electric motors producing a combined output of over 986 horsepower [12]. - The vehicle can accelerate from 0 to 100 km/h in 2.5 seconds and reach a top speed of approximately 309 km/h [12]. - The battery pack has a capacity of 122 kWh, with a WLTC range exceeding 530 km and a maximum charging power of 350 kW [15]. Group 3: Design and Innovation - The design of "Elettrica" is a collaboration with Jonathan Ive's design firm, Lovefrom, known for iconic Apple products [7]. - The vehicle's layout allows for complete torque distribution to all four wheels, enhancing agility and stability [14]. - An innovative sound system will provide a unique auditory experience, reflecting the dynamic driving experience [10][11]. Group 4: Market Position and Challenges - Despite initial hesitations and market readiness concerns, Ferrari is committed to launching the "Elettrica" to meet the expectations of both new and existing customers [24]. - The company has previously explored hybrid technologies and is now transitioning to fully electric models, marking a significant shift in its strategy [22][24].