Equity
Research Department
The Equity Department of Esade Student Finance Society (ESFS) collaborates with WSO Academy to produce articles on equities. They carry out thoughtful analyses of selected stocks, employing valuation tools and a range of metrics to propose actions such as buy, hold, or sell. Their work enhances their analytical skills and their understanding of market and macroeconomic trends. Through these initiatives, members and the ESADE community gain valuable insights into equity research and investment strategies.
Meet Our Equity Team.
Ferrari’s Drive into the Future: Balancing Legacy, Electrification, and Market Growth
Ferrari (RACE) continues to dominate the luxury automotive market by combining exclusivity, strong financials, and innovation. Its strategy focuses on preserving pricing power through limited production while adapting to market shifts like SUV demand and growing Asian markets, particularly China. The company's move toward electrification, with plans for a fully electric vehicle by 2025 and €882M invested in R&D in 2023, reflects its commitment to sustainability and technological leadership.
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While current valuations suggest limited short-term upside, Ferrari’s robust long-term strategy, bolstered by product innovation and regional growth, ensures it remains a top contender in the luxury segment. This report recommends a “Hold” rating, highlighting Ferrari’s balance of legacy, resilience, and future-proofed strategy in a competitive, evolving market.
