Ferrari N.V. (RACE) shares are up 13% in 2025 and have gained over 180% in the past three years. The stock is currently trading at over $480, just 5% below its all-time high of $509.
In its Q1 financial results released in May, Ferrari reported double-digit growth across key metrics, including revenues and EBITDA. The company also has a robust order book filled with demand for its supercar models, particularly its “spider” variants. Additionally, Ferrari is set to launch its first fully electric vehicle in October, enhancing competition in the EV supercar market.
Ferrari’s forward P/E ratio stands at 49.4x, compared to the industry average of 22.1x. Fiscal 2025 earnings per share (EPS) estimates have increased by over 4% in the last 60 days, with projections suggesting a 6% rise this year and a 12% increase in FY26.