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]