October 9, 2025
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4:37Now PlayingFerrari NV shares plunged the most intraday in nine years after the carmaker issued cautious forecasts that disappointed investors, marring a coming-out party for the company’s first electric vehicle.
Adjusted earnings will rise to at least €3.6 billion ($4.2 billion) by 2030 from €2.72 billion this year, the Maranello, Italy-based company said Thursday. The outlook implies a slower earnings growth rate than what management offered during their last capital markets day three years ago. Bloomberg's Craig Trudell reports.
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