Ferrari NV
RACE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|D# | LOCK|d^z | LOCK|kb?kS$%% |
Ferrari: Strategy for Long-Term Brand Protection Disappoints the Market's Growth Expectations
Ferrari provided guidance of mid-single-digit top-line and bottom-line growth on average for the next six years at its capital markets day, below midteens growth it delivered over the last few years. It also reduced the expected mix of electric vehicle models in its offering from 40% to 20% by 2030.
