EV Launch ConcernsConcerns exist about the launch of the Electric Vehicle and whether this model might not be as appealing to clients as ICE and hybrid models.
Growth And GuidanceThe ~5% medium-term guidance implies a notable slowdown in growth, partially reflecting macro-political risks and uncertainty around its first electric vehicle launch.
Stock ValuationThe Ferrari share price is down -17% YTD, mostly a function of its valuation multiple contracting and, to a lesser extent, earnings consensus expectations being revised downwards.