Largest Slump in Its History: Ferrari (Race) Stock Dives 15%. Should You Buy or Bail?[Stocks](https://moneymorning.com/category/article/stocks/) # Largest Slump in Its History: Ferrari (Race) Stock Dives 15%. Should You Buy or Bail?  by Omor IE  October 10, 2025  Share it: **Ferrari** ( [RACE](https://moneymorning.com/stocks/race)) is a household name, but the stock rarely gets into headlines due to the company being more of a “steady Eddie” holding. However, [RACE](https://moneymorning.com/stocks/race) stock had its worst single-day plunge today after disappointing long-term guidance was presented during the company’s Capital Markets Day. Ferrari projects EUR 9 billion in 2030 revenue, below the EUR 9.8 billion target expected by analysts. The EBIT target also came in below estimates at EUR 2.75 billion vs. the EUR 3.25 billion consensus. On top of that, the company scaled back its EV ambitions, with only 20% of its lineup expected to be fully electric by 2030. This is half the previous goal of 40% EV sales.  ## **Should you buy the dip on RACE stock?** Near-term pain is likely, but long-term bulls argue that Ferrari’s luxury moat and scarcity model remain intact. If you believe in exclusivity over volume, dips could be entry points. The stock has been delivering lackluster gains since early 2024 and is still richly priced despite the correction. You’re paying 42 times earnings and 34 times forward earnings for [RACE](https://moneymorning.com/stocks/race) stock. We’re looking at around 9% annual revenue growth in the coming years, along with 12% annual EPS growth. Both those metrics say this stock is still fairly valued against historical multiples, if not a bit expensive. The best course of action would be to avoid [RACE](https://moneymorning.com/stocks/race) stock at the moment. The market has far better opportunities with less risk and more growth potential. I would only hold a stock like [RACE](https://moneymorning.com/stocks/race) if it came with a fat dividend yield, which it does not. As such, the opportunity cost of chasing the limited upside here is not worth it. **Beat the market, without relying on brokers or biased institutions.** Email(Required) Phone This field is for validation purposes and should be left unchanged. Subscribe By submitting your email address, you will receive a free subscription to _Money Morning!_ and occasional special offers from us and our affiliates. You can unsubscribe at any time and we encourage you to read more about our [Privacy Policy](https://moneymorning.com/privacy/). ## One moment, please: Processing your submission ###### More Trending Stories from Money Morning - [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) - [Is a Buyout the Hope PayPal Investors Have Been Waiting For?](https://moneymorning.com/2026/02/27/is-a-buyout-the-hope-paypal-investors-have-been-waiting-for/) - [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) - [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) - [Anthropic Mauls CrowdStrike Again. Here's Why the Cybersecurity Stock Is a Buy](https://moneymorning.com/2026/02/25/anthropic-mauls-crowdstrike-again-heres-why-the-cybersecurity-stock-is-a-buy/) Share it: ### Popular Articles ###### [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) February 27, 2026 ###### [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) February 27, 2026 ###### [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) February 27, 2026 ###### [IonQ's Quantum Defense Breakthrough: Can a $151B SHIELD Win Ignite a Surge?](https://moneymorning.com/2026/02/25/ionqs-quantum-defense-breakthrough-can-a-151b-shield-win-ignite-a-surge/) February 25, 2026 reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/) Notifications