Ferrari's 2025 Capital Markets Day
Dramatically slowing down on EV ambition is the right strategy
Today, Ferrari held its Capital Markets Day in Maranello, with updated financial targets till FY30. At the time of writing, the stock’s down 14% after being down as much as 16%.
This marks yet another double-digit share price drop on a somewhat binary event: will the guidance meet expectations? Versus understanding the puts and takes that led to this guidance.
Let’s take a closer look.


