Ferrari Races Ahead: Bank of Italy's Top Performer Surges 20% in 51 Days

Ferrari (RACE) has emerged as the star performer among the Bank of Italy's equity holdings, with its stock price soaring by an impressive 20% in just 51 days. The luxury automaker's shares closed at $507.24 on February 21, 2025, near its 52-week high of $498.23. This remarkable rally follows Ferrari's strong 2024 financial results, which saw a 21% increase in full-year net profit to €1.53 billion. The company's robust performance is attributed to its compelling product mix and growing demand for personalized vehicles. Ferrari's optimistic 2025 outlook, projecting over 5% revenue growth and increased dividends, has further fueled investor confidence in the iconic brand.

 

Sources: MarketScreener, CNBC, INDmoney