Corporate Calendar - Ferrari N.V. announced its corporate calendar for the year 2026, including key earnings release dates [1] - The earnings releases are scheduled for February 10, May 5, July 30, and November 3, covering the fourth quarter and full-year 2025, and the first and second quarters of 2026 [1] - A conference call for financial analysts will be held on the date of each earnings release, with live webcasts available on the company's corporate website [1] Annual General Meeting - The Annual General Meeting for the approval of the Company's 2025 financial statements is set for April 15, 2026 [2] - The 2026 corporate calendar is also accessible on the company's corporate website [2]

Core Insights - Ferrari (RACE) is recognized as an iconic brand symbolizing Italian craftsmanship, engineering, and luxury, and has shown strong stock performance since its spin-out [1] Group 1: Investment Strategy - The focus is on businesses with strong cash generation capabilities and competitive advantages, aiming for at least 15 percent annualized returns [1] - The investment approach includes considering takeover targets, provided they maintain a strong business foundation [1] - The investor has achieved an annualized time-weighted return of approximately 16 percent over the past three years, with plans to continue outperforming this benchmark [1]

Core Insights - The analysis of Ferrari N.V. (RACE) has been revisited after one year, indicating that the company remains a focus despite not being analyzed recently [1] - The decision to remain on the sidelines regarding investment in Ferrari has proven to be prudent [1] Company Analysis - The company has been under continuous internal coverage, suggesting ongoing interest and monitoring of its performance [1] - The previous note on Ferrari indicated a cautious approach, aligning with the broader sentiment in the investment community [1] Market Context - The commentary reflects a broader trend among buy-side hedge professionals who are conducting fundamental, income-oriented, long-term analysis across various sectors in developed markets [1]

Group 1 - Ferrari is a legendary name in the auto industry, originally founded as a racing team by Enzo Ferrari in 1929 [1]

Core Viewpoint - Ferrari N.V. is set to release its financial results for the full year and fourth quarter of 2025 on February 10, 2026, indicating a scheduled communication of its financial performance to stakeholders [1]. Group 1 - The financial results announcement will include a live audio webcast and conference call starting at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST on the specified date [1]. - Access to the presentation will be available in the Investors section of Ferrari's corporate website, with prior registration required for the conference call [2]. - A replay of the conference call will be archived on Ferrari's corporate website for two weeks following the live session, allowing stakeholders to review the information at a later time [2].

Core Viewpoint - Ferrari's stock has recently experienced a significant dip of 25%, presenting a potential investment opportunity despite the company's historical strength in the luxury automotive sector [2][3]. Group 1: Stock Performance and Market Position - Ferrari's current market capitalization stands at $66 billion, with a current stock price of $368.37, reflecting a 0.96% decrease on the day [4]. - The stock has a 52-week range of $356.93 to $519.10, indicating volatility and potential for recovery [4]. - The company has a gross margin of 51.25% and a dividend yield of 0.91%, showcasing its profitability and shareholder returns [5]. Group 2: Revenue and Growth Projections - Ferrari's net revenue is projected to reach at least €7.1 billion this year, with a forecast of around €9 billion by 2030, which has disappointed some analysts [3]. - Historically, Ferrari has a tendency to provide conservative guidance, often leading to stock price dips followed by stronger-than-expected performance [5]. Group 3: Competitive Advantages and Market Strategy - Ferrari's operating margins have nearly doubled over the past decade, driven by a strategy of limiting vehicle production to maintain exclusivity and pricing power [8]. - The company plans to sell between 15,000 and 17,000 vehicles annually, significantly fewer than mainstream automakers, which supports its premium positioning [9]. - Upcoming models, such as the F80, are expected to have high profit margins, potentially generating 20% of the company's profit from just 2% of its units sold [10]. Group 4: Transition to Electric Vehicles - Ferrari has yet to launch a full-electric vehicle but generates approximately half of its sales from hybrid models, positioning the company well amid industry shifts towards hybrid and extended-range vehicles [13]. - The integration of racing technology into new models and a focus on exclusivity are key components of Ferrari's successful market strategy [14].

Core Insights - DXC Technology has launched AMBER, a next-generation automotive software platform aimed at enhancing in-vehicle infotainment systems, developed by DXC Luxoft [2][8] - AMBER incorporates embedded AI capabilities to streamline software engineering workflows, accelerate product launches, reduce integration costs, and improve the overall in-car experience [2][4] - The platform allows automakers to innovate rapidly and reduce development time by 50%, while achieving 30% cost savings through a standardized approach [8] Company Overview - DXC Technology is a leading enterprise technology and innovation partner, providing software, services, and solutions to global enterprises and public sector organizations [9] - The company is a trusted partner to eight of the world's ten largest vehicle manufacturers, powering over 50 million vehicles [6] - AMBER is showcased at the Consumer Electronics Show (CES) in Las Vegas, highlighting its capabilities and live demonstrations [6] Industry Context - The automotive industry is undergoing rapid transformation with increasing technical complexity and tighter development cycles, prompting automakers to seek competitive advantages through technology and innovation [3] - AMBER's open architecture supports hardware independence and continuous updates, allowing manufacturers to adapt to evolving technology and consumer expectations [5] - The platform integrates third-party AI solutions, enhancing user experiences across various vehicle types, including luxury and commercial vehicles [5]

Core Viewpoint - Ferrari's stock price has experienced a significant decline over the year, dropping from a peak of $516 in July to the current price of $375, resulting in a reduction of its market capitalization from a year-to-date high of $136 billion [1] Group 1 - The stock price decline represents a substantial loss in value for investors, indicating potential challenges for the company in maintaining investor confidence [1] - The market capitalization decrease reflects broader market trends and investor sentiment towards luxury automotive brands [1]

Ferrari’s $262,000 Amalfi isn’t perfect. That’s part of the charm https://t.co/UCRHekVRSm ...

Have you ever wondered why Mr. . Beast gives away Lambos and not Ferraris. Well, there's actually three reasons and it's not because Lambos are cooler than Ferraris.The first reason is if you buy a Ferrari and you give it away or sell it within a year, you'll be blacklisted from buying another. The second reason is Ferrari forbid you from doing anything wild with their cars, which means Mr. . Beast can't burn it, crush it, or drive it off a cliff for content.And the third reason is Ferrari might look classy ...