Why I Bought the Dip in Ferrari Stock
After 's (NYSE: RACE) October Capital Markets Day, the stock cracked. Shares of the Italian luxury brand have fallen from levels above $500 in early October to below $400 more recently. For a stock that isn't typically very volatile, a drop like this in Ferrari stock is rare. Investors were spooked by the company's new 2030 targets, which implied slower growth than many had anticipated.
The irony is that the sell-off came just as Ferrari raised its 2025 guidance again and reaffirmed some of the best margins in the auto industry, with high-30s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins and high-20s adjusted operating margins.
In my view, the gap between cautious long-term targets and still-excellent near-term performance created an opening, so I bought the dip.
Source Fool.com
Ferrari NV Aktie
Klare Kaufstimmung: Ferrari NV hat 26 Buy-Einschätzungen und keine Sell-Einschätzung.
Ein leichtes Potenzial nach oben für Ferrari NV mit einem Kursziel von 417 € gegenüber dem aktuellen Kurs von 352.25 €.
