Exor’s Diamonds in the Rough: Ferrari, Lingotto, Philips, StellantisFerrari – RACE
Pitch Summary: Ferrari has been a standout performer within Exor’s portfolio, delivering a 36% total shareholder return in 2024. The company’s strong brand, high margins, and ability to capitalize on electrification trends make it an attractive investment. Exor has reduced its position to lessen concentration risk but remains the largest shareholder. BSD Analysis: Ferrari’s ability […]
[New Position] Ferrari (RACE)Ferrari N.V. – RACE
Pitch Summary: The investment thesis is centered on Ferrari’s strong brand and financial discipline, which are expected to drive long-term value despite recent market concerns over its revised electric vehicle targets and modest revenue growth projections. BSD Analysis: Ferrari’s recent Capital Markets Day in October 2025 revealed a shift in its vehicle production strategy, increasing […]
