Ferrari N.V. (NYSE-RACE), the well-known luxury sports car manufacturer, continues its expansion and innovation in 2025. This year is an important one for the Italian automaker as it plans to launch up to six new models, including its first all-electric car. This groundbreaking model will be officially unveiled on October 9, raising high expectations among car enthusiasts and investors. Electrification and sustainability are key elements of its strategy for the coming years.
On the financial front, Ferrari is showing very positive results. In Q4 2024, the company achieved a net profit of €386 million, up an impressive 31% year-on-year. Sales rose by 14% to €1.74 billion, underlining the brand’s stability and strong position in the global automotive market. This positive trend is the result not only of a quality range of luxury cars, but also of efficient cost management and an innovative approach to production.
As for Ferrari N.V. (NYSE-RACE) stock, its performance reflects the market’s optimism about the company’s continued growth. Shares of Ferrari (ticker: RACE) are currently trading at a price of $504.50, up 1.05% from the previous day. This development is supported by strong financial results and a positive outlook for the future, particularly in relation to the launch of new models, including an electrified version. Ferrari maintains its position among the leaders in the luxury car market and continues to attract the attention of investors thanks to its ability to combine traditional performance with modern technology and sustainability.
Share growth and solid financial performance point to a strong future for Ferrari, which remains one of the world’s most desirable sports car manufacturers. With planned innovations and a strong market position, the company is expected to continue to grow and attract investor attention.
Ferrari N.V. (NYSE-RACE) also regularly pays an annual dividend to its shareholders. The dividend yield is currently 0.62% per annum and the actual dividend amount has been approved by the company’s general meeting of shareholders at $3.12 per share. The title is currently in high demand by private investors and multinational investment corporations to buy shares of Ferrari N.V. (NYSE-RACE). According to fifteen Wall Street brokerage firm analysts and investment bank financial strategists, the share price can be expected to increase for the short to medium term investment horizon. The average target price for the stock for the short- to intermediate-term investment horizon was set at $521.56 per share.
Graph Source : www.zacks.com
