Curious whether Ferrari is a sleek collector’s item or just an expensive ride at current prices? Let’s break down what is under the hood when it comes to its value.
Ferrari’s shares have zipped higher by 2.7% over the last week, though they are still down 5.9% year-to-date and 9.7% for the past year. Over five years, the shares have recorded a 92.2% gain.
Recent headlines have highlighted Ferrari’s continued brand strength and expansion into luxury lifestyle ventures, fueling speculation about how these moves might support long-term growth. At the same time, concerns about the broader auto market and shifting demand trends have kept some investors on the sidelines.
According to Simply Wall St’s valuation checks, Ferrari…
