Ferrari’s $0.73B Volume Slides to 174th as Earnings Surge and EV Expansion Counteract Weakness

On August 1, 2025, Ferrari (RACE) fell 1.61% with a trading volume of $0.73 billion, ranking 174th in daily liquidity. The stock’s performance followed a mixed earnings call where the luxury automaker reported Q2 revenue of €1.8 billion, up 4.4% year-over-year despite flat deliveries. EBITDA exceeded €700 million, and industrial cash flow reached €230 million, reflecting strong operational efficiency. Management highlighted a robust order book driven by the newly launched Ferrari Amalfi and high demand for the 296 Speciale family, with production ramp-ups for electric vehicles and a new paint shop underway.

Strategic resilience amid U.S. tariffs and geopolitical risks was emphasized, with recent trade agreements expected to ease future costs. The company confirmed 2025 guidance, citing confidence in its order book extending into 2027. Despite a softer product mix in the second half, Ferrari’s focus on client-centricity, innovation, and infrastructure investments underscores its long-term positioning. The Amalfi’s launch, with 1,500 guests at its premiere, reinforced brand visibility and community engagement, critical for sustaining premium pricing power.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark by 137.53%. This highlights liquidity concentration’s role in short-term gains, particularly in volatile markets. High-volume stocks, like Ferrari, often experience amplified price swings, leveraging investor sentiment and macroeconomic shifts. While the approach capitalizes on short-term volatility, it also exposes investors to abrupt market reversals, underscoring the need for caution in high-liquidity environments.