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FERRARI TO ANNOUNCE SECOND QUARTER 2025 FINANCIAL RESULTS ON JULY 31
Globenewswire· 2025-07-09 16:43
Group 1 - Ferrari N.V. will release its financial results for the second quarter of 2025 on July 31, 2025 [1] - A live audio webcast and conference call regarding the Q2 results will start at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on the same day [1] - Access details for the presentation will be available on Ferrari's corporate website, and advance registration is required for the conference call [2] Group 2 - A replay of the conference call will be archived on Ferrari's corporate website for two weeks after the live session [2] - For further inquiries, Ferrari's media relations can be contacted via phone or email [3]
X @Forbes
Forbes· 2025-07-04 09:30
It’s not every day that a Ferrari F50 comes up for auction. Those days are even scarcer when it’s a yellow F50 we’re talking about – and when the car previously belonged to Ralph Lauren? It’s a truly unique moment. (Photo: RM Sotheby's) https://t.co/Ke5gXkhqa1 https://t.co/THEGVn32mE ...
X @The Economist
The Economist· 2025-07-03 12:38
The Italian luxury sports-car brand combines heritage with cutting-edge technology, according to its boss. Yet further increases in production may eventually threaten the brand’s perceived exclusivity https://t.co/muUFiDWv3d ...
X @Forbes
Forbes· 2025-07-02 10:10
It’s not every day that a Ferrari F50 comes up for auction. Those days are even scarcer when it’s a yellow F50 we’re talking about – and when the car previously belonged to Ralph Lauren? It’s a truly unique moment. (Photo: RM Sotheby's) https://t.co/2Xfgnzf4xa https://t.co/vAmKUUu9Lp ...
X @Forbes
Forbes· 2025-07-02 08:30
This Ex-Ralph Lauren Ferrari F50 Could Hit $7.5 Million At Auction https://t.co/qK7c996DWI https://t.co/qK7c996DWI ...
X @Forbes
Forbes· 2025-07-01 18:57
It’s not every day that a Ferrari F50 comes up for auction. Those days are even scarcer when it’s a yellow F50 we’re talking about – and when the car previously belonged to Ralph Lauren? It’s a truly unique moment. (Photo: RM Sotheby's) https://t.co/crd8j9wIxC https://t.co/0sjE6I8iy7 ...
X @Forbes
Forbes· 2025-07-01 00:10
This Ex-Ralph Lauren Ferrari F50 Could Hit $7.5 Million At Auction https://t.co/YQ7UIKkX5B https://t.co/YQ7UIKkX5B ...
X @Forbes
Forbes· 2025-06-30 15:30
This Ex-Ralph Lauren Ferrari F50 Could Hit $7.5 Million At Auction https://t.co/Ls0K2FFFDa https://t.co/Ls0K2FFFDa ...
U.S. added 379K millionaires in 2024
CNBC Television· 2025-06-20 11:06
A new report uh by UBS says 379,000 more people became millionaires last year in the United States. There are now almost 24 million millionaires uh in the country and that's by far the most in the world. Mainland China, interestingly uh was second with 6.3% million.Now is that is that yuan. You have to have a million yuan. No, probably dollars. should be dollars.Otherwise, it doesn't really count. Of course, I was kidding. You can read more about the report in Robert Frank's Inside Wealth newsletter.Go to c ...
Is Ferrari Stock Poised to Race Higher?
ZACKS· 2025-06-10 22:51
Core Viewpoint - Ferrari's stock has shown strong performance, increasing by +13% in 2025 and over +180% in the last three years, driven by its strong brand and pricing power [1] Financial Performance - Ferrari exceeded Q1 expectations and has surpassed the Zacks EPS Consensus for 19 consecutive quarters [4] - The company reported double-digit growth in key metrics including revenues, EBITDA, and free cash flow [5] - Fiscal 2025 and FY26 EPS estimates have increased by over 4% in the last 60 days, with annual earnings expected to rise by 6% this year and 12% in FY26 to $10.89 per share [10] Product Development - Ferrari is evolving its fleet into hybrid versions, including popular models like the 499P, 296 GTB, and 296 GTS [6] - The company plans to launch its first fully electric vehicle in October, aiming to compete in the supercar EV market [7] Valuation Metrics - Ferrari's stock trades at a forward P/E of 49.4X, a premium compared to the broader market average of 22.1X, but below its decade-long high of 68.7X [8][9] - The average Zacks price target of $517 per share suggests an 8% upside from current levels [12] Market Position - Ferrari's strong operational performance and fleet expansion have led to its inclusion in the Zacks Rank 1 (Strong Buy) list, indicating potential for further upside [11]