RACE Stock Recent News

Ferrari N.V. (NYSE:RACE ) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants Antonio Picca Piccon - Chief Financial Officer Benedetto Vigna - CEO & Executive Director Nicoletta Russo - Head of Investor Relations Conference Call Participants Adam Michael Jonas - Morgan Stanley, Research Division Anthony Dick - ODDO BHF Corporate & Markets, Research Division Flavio Cereda - Unidentified Company Gautam Narayan - RBC Capital Markets, Research Division Henning Cosman - Barclays Bank PLC, Research Division José Maria Asumendi - JPMorgan Chase & Co, Research Division Monica Bosio - Intesa Sanpaolo Equity Research Nicolai Kempf - Deutsche Bank AG, Research Division Stephen Michael Reitman - Sanford C.

Maranello (Italy), July 31, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces its intention to continue and complete its multi-year share buyback program of approximately Euro 2 billion announced during the 2022 Capital Markets Day with an eighth tranche of up to Euro 360 million (“Eighth Tranche”) to start on August 22, 2025 and to end no later than December 18, 2025 with two components:

Ferrari shares fell more than 12% on Thursday, setting the stock for its biggest one-day drop since its listing nine years ago, even as the luxury sports car maker maintained its guidance, although it said it would cut back prices in the U.S..

Here is how Ferrari (RACE) and Visteon (VC) have performed compared to their sector so far this year.

Ferrari (RACE) came out with quarterly earnings of $2.7 per share, beating the Zacks Consensus Estimate of $2.57 per share. This compares to earnings of $2.46 per share a year ago.

Luxury sports-car maker Ferrari said on Thursday its core earnings rose 6% in the second quarter, supported by strong pricing power and richer product offerings, while seeing a reduced impacts from new U.S. tariffs on EU-made products.

“The first semester of 2025 reminded us once more about the importance of agility and flexibility in the management of our Company. Today's strong results reflect our commitment to execute our strategy with discipline and focus. We continue to drive innovation and enrich our product portfolio, which fuels an already strong order book. Testament to that is the overwhelming demand for the 296 Speciale family and the excellent initial feedback on the newly launched Ferrari Amalfi, a coupé that redefines the concept of the contemporary grand tourer” said Benedetto Vigna, CEO of Ferrari.

Maranello (Italy), July 31, 2025 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that Ferrari S.p.A. has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as Team Principal of Scuderia Ferrari HP for the coming Formula 1 seasons.

The Adam Ferrari Health Science Scholarship has closed its application window and will announce a recipient from the pool of applicants in August 2025. The Adam Ferrari Health Science Scholarship has closed its application window and will announce a recipient from the pool of applicants in August 2025.

Investors interested in Automotive - Original Equipment stocks are likely familiar with Visteon (VC) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?