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Ferrari ( (IT:RACE) ) has shared an announcement.
On December 3, 2025, Ferrari N.V. announced the renewal and strengthening of its long-standing partnership with Philip Morris International. The new agreement, effective January 1, 2026, designates Philip Morris as a Premium Partner of Scuderia Ferrari HP and a Series Partner of the Ferrari Challenge Trofeo Pirelli, continuing a collaboration that has lasted over 50 years. This partnership is expected to bolster Ferrari’s positioning in motorsports and enhance its brand presence.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR563.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a renowned company in the automotive industry, primarily known for its luxury sports cars and participation in motorsports. The company focuses on high-performance vehicles and has a significant presence in the global luxury car market.
Average Trading Volume: 554,300
Technical Sentiment Signal: Hold
Current Market Cap: €79.32B
For a thorough assessment of RACE stock, go to TipRanks’ Stock Analysis page.

