Ferrari shares extend drop to 14% in largest decline since 2016

Ferrari shares extend drop to 14% in largest decline since 2016

Ferrari shares (RACE) have extended their drop to 14% on September 12, 2025, marking the largest decline since 2016. The stock was last seen down 11.4% after the company announced its revised financial guidance for 2025 and beyond .

Ferrari's revised guidance for 2025 includes a net revenue target of at least 7.1 billion euros, up from a previous goal of more than 7 billion euros. The company also expects an adjusted operating profit (EBIT) of at least 2.06 billion euros for the same year, surpassing its 2026 profitability targets one year in advance . The 2030 Strategic Plan projects net revenues of approximately 9.0 billion euros, with a compounded annual growth rate of around 5%, driven by sports cars and other car-related activities. By 2030, Ferrari aims to achieve an EBITDA of at least 3.6 billion euros, with an EBITDA margin of at least 40% .

The stock's decline comes despite Ferrari's ambitious targets and strong product mix, which the company expects to drive its growth. The drop in shares may be attributed to market concerns about the company's ability to meet its aggressive targets, particularly in light of ongoing geopolitical tensions, supply chain disruptions, and the potential impact of stricter emissions regulations .

Investors should closely monitor Ferrari's progress towards its targets and the broader market conditions that may influence the company's performance. The company's forward-looking statements are subject to inherent risks and uncertainties, and actual results may differ materially from those expressed in such statements .