RACE Stock Recent News

Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?

M aranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report.

Maranello (Italy), February 20, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company's shareholders a dividend distribution to the holders of common shares of Euro 2.986 per common share, with an increase of approximately 22% compared to the prior year and corresponding to a total distribution of approximately Euro 534 million.

Ferrari ended 2024 with strong results, beating expectations and providing a promising outlook for 2025. The company's business model thrives on brand desirability and scarcity, with consistent execution and favourable demand/supply ratios. For 2025, Ferrari is expected to achieve higher growth driven by new models and non-car segments, including key catalysts like the EV launch and Lewis Hamilton's first year.

Horst Schneider of BofA Global Research discusses the struggles faced by Europe's auto sector due to the increasing Chinese competitiveness, made worse by potential Trump tariffs. Meanwhile he highlights that Europe may cut back on their emission regulation targets and reduce their push for electric vehicles.

Maranello (Italy), February 10, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:

Few stocks have generated investor wealth like Tesla . In the past decade, shares of the electric vehicle (EV) pioneer have soared 2,420%.

Ferrari stock price has pulled back in the past few months as some investors question its growth trajectory and demand for its vehicles. RACE has crashed by 10% from its highest level in 2024, meaning that it is in a technical correction.

Tour the Ferrari-inspired mansion that broke a local record in Delray Beach, Florida, when it sold for $50.5 million last week. The almost 22,000-square-foot megahome known as Casa Maranello is named after the city in Italy that is home to Ferrari.

Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Allison Transmission (ALSN) or Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?