Ferrari, a symbol of luxury and craftsmanship, is navigating a changing market by introducing its first electric vehicle. However, RACE stock dropped 15% after announcing 2030 revenue guidance below expectations. UBS maintains a “Buy” rating, citing Ferrari’s long-term potential. Shares are down 16% in the past month but show signs of a potential rebound.

Ferrari’s Q2 earnings were mixed, with revenue just shy of forecasts but adjusted EPS beating estimates. The company delivered 3,494 vehicles with strong cash flow and raised full-year guidance. Ferrari is targeting adjusted EBITDA over €2.72 billion and adjusted EPS above €8.80 for 2025. Analysts have a “Moderate Buy” rating with a price target of $487.18, indicating an 18% upside potential.

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