RACE Stock Recent News

Amidst market uncertainty, Ferrari reported earnings and had no trouble reaffirming its FY guidance. Since the launch of the Purosangue, Ferrari has unlocked an extremely profitable business model that is set to fuel its double-digit growth while keeping volumes flat. In this earnings review, I go over the latest financials and explain what is making Ferrari so successful, with long-term potential.

Ferrari (RACE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Frédéric Vasseur, Ferrari HP Team Principal, joins 'Money Movers' to discuss what the IBM partnership allows the company to do, how critical fan engagement is to the sport, and much more.

Ferrari (RACE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.12 per share a year ago.

The Adam Ferrari Health Science Scholarship Awards $20,000 to Students Pursuing Health Science Degrees, Honoring Those Dedicated to Caring for Individuals with Physical Disabilities The Adam Ferrari Health Science Scholarship Awards $20,000 to Students Pursuing Health Science Degrees, Honoring Those Dedicated to Caring for Individuals with Physical Disabilities

Ferrari on Tuesday said tariffs imposed by the U.S. pose a potential risk to the luxury car maker's profitability, becoming the latest company to warn about a hit to earnings or cut financial forecasts as many cite market uncertainty aggravated by President Donald Trump's levies.

DENVER--(BUSINESS WIRE)--The Phoenix Energy Scholarship is now accepting applications for its 2025 cycle. Awarded by Phoenix Energy One, LLC (“Phoenix Energy”)—formerly known as Phoenix Capital Group Holdings, LLC—a leading energy company specializing in oil production, mineral rights acquisitions, and non-operating working interests, the $15,000 scholarship is designed to support a student pursuing a career in the oil and gas sector. Eligible applicants must be first-year students who have bee.

More car deliveries and customization requests from customers helped the company deliver forecasting-beating earnings in the first quarter of the year.

The Prancing Horse beat the Street's profit and sales targets—but it looks like investors wanted perfection.

Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles. The Maranello, Italy-based sports car manufacturer posted net profit of 412 million euros ($466.3 million) for the first three months of the year, reflecting a 17% increase from the same period last year.