After Ferrari announced medium-term targets, the share price collapsed on Thursday. Most recently, the discount was a good 11 percent to 371 euros. The shares fell to their lowest level since April. The share’s high losses also dragged the European automotive sector down by 3 percent.
The company’s goals are “overly cautious,” said one trader. Analysts already forecast the adjusted operating profit (Ebitda) of at least 3.6 billion euros expected for 2030 for 2028. The expected growth rates for profits are disappointing.
At the same time, Ferrari is relying less on electric motors for new models than previously planned. By 2030, the share of electric models in the product range should be 20 percent, according to a capital market presentation published in Milan on Thursday. So far he has Porsche-Competitor has an E-model share targeted at 40 percent.
In return, around 40 percent of Ferrari models will have a combustion engine by 2030 – Ferrari recently promised 20 percent. The remaining 40 percent should have both an electric and a combustion engine, i.e. a hybrid drive.
Ferrari presents its first electric car
There is currently no Ferrari with a purely electric drive. On Thursday, the company would like to present the brand’s first electric car, the Elettrica. According to current plans, the car should come onto the market in 2026. At the Capital Markets Day, the Italian car manufacturer gave technical details about the first pure electric car in the product range. The range of the 2.3-ton car should be more than 530 kilometers and it should put more than 1000 hp on the road. Ferrari already has hybrid cars. The Italians want to launch four new models every year by 2030.
Most valuable car manufacturer in Europe
The share listed in the EuroStoxx 50 has been standing still so far in 2025 after gaining significantly in value in the previous years. In the past five years, the price of Ferrari shares has increased by almost 170 percent. This means that the company performed significantly better than the Stoxx 600 Auto & Parts industry index, which only increased by 18 percent in the same period.
Ferrari is the most valuable European car manufacturer with a market value of around 74 billion euros. For comparison: the VW subsidiary Porsche only has 39 billion euros after recent heavy price losses. Volkswagen even with 47 billion euros and also BMW and Mercedes-Benz, each with just over 50 billion euros, are also well behind Ferrari.
In terms of sales, Ferrari is significantly smaller than the German manufacturers, but it is much more profitable.