RACE Stock Recent News

Ferrari Q4: Blockbuster Dividend And 5-Year Profit High

The world's largest electric vehicle-maker, BYD, launched a $233,450 battery-powered supercar that will rival not only Tesla, but also luxury gas-guzzlers sold at the likes of Ferrari and Lamborghini.

Ferrari's fabled prancing horse is hoofing it to Soho. Retail sources tell us that the legendary Italian automaker has signed a lease at Marx Realty's 92 Prince St., which is currently home to a large Nespresso coffee bar.

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

This earnings season has been an extremely optimistic time for the stock market. The Nasdaq is hitting new highs, and the strong reports are giving a much-needed boost to our economy.

Ford Motor Co.'s stock shot higher Wednesday after a quarterly earnings beat, with analysts focusing on an unsung side of the business and an above-expectations 2024 guidance, but remaining cautiously optimistic about the carmaker.

Ferrari delivered fewer cars in Q4, but continued to raise prices. Guidance for 2024 indicated that demand will continue to be strong for the automaker.

Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Modine (MOD) or Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?

The news sent shockwaves through Formula One, with 2009 world champion Jenson Button describing Hamilton's move to Ferrari as "massive for the sport."

Ferrari (NYSE: RACE) and Tesla (NASDAQ: TSLA) have diverged as the automobile industry goes through major changes. Tesla shares have crashed by more than 50% from their peak and are already down by 37% from their highest point in 2023.