Ferrari has raised its annual targets, setting a revenue target of 9 billion euros for 2030.

Luxury sports car giant Ferrari (RACE.MI) has revised its revenue expectations upwards for 2025 and 2030. The company aims to achieve revenue of 9 billion euros (approximately $10.5 billion) by 2030. This is considered a result of the brand’s strong product range and its innovation strategy in high-performance models.

Ferrari forecasts at least 7.1 billion euros in net income for 2025. This represents a higher target than its previous over 7 billion euros estimate.

The company also plans to achieve more than €3.6 billion in adjusted core profit (EBITDA) by 2030.

Ferrari’s statement emphasized that this growth will be achieved thanks to its “strong product mix, technological innovations, and the brand’s ability to maintain its position in the ultra-luxury segment.” In particular, electric supercars and hybrid engine technologies hold a significant place in the company’s future plans.

In recent years, Ferrari has made significant investments in its electrification strategy and announced that it will introduce its first fully electric model in 2025.

The company’s investments in this area have accelerated with the carbon neutral production target and the transition to environmentally friendly technologies.

However, Ferrari shares were temporarily halted from trading following the news and, according to the latest trading data, fell by 11.4%. Analysts note that despite short-term fluctuations, the company is on the path of sustainable growth in the long term.

In its future plans, Ferrari focuses not only on revenue growth but also on a limited production strategy that will protect its brand prestige.

This approach allows the brand to maintain a balance between uniqueness and high demand.

According to experts, Ferrari’s 2030 vision aims to both consolidate its leadership in the luxury segment and take on a pioneering role in the electric sports car era.

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