Ferrari N.V. Common Shares (RACE)

According to data released by the Commerce Department on Tuesday, the trade deficit for March surged 14% sequentially to $140.5 billion.

The sports car maker posted a net profit of €412 million (approximately $466 million) during the quarter, growing 17% year over year.

rel=noreferrer noopener>Chinese EV Companies See Huge April Growth: XPeng Surges 273% In DeliveriesFerrari's stock drops after reporting first-quarter results and guidance, with sales growth and profits beating analyst estimates.

The automaker has lowered its full-year profit forecast but remains optimistic about offsetting some tariff impacts and maintaining its manufacturing investments.

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BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac's EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.

"This 25% auto tariff number is hard to digest," Dan Ives says, predicting continued downward pressure on GM and Ford.

Auto stocks drop as Trump shrugs off concerns over car prices following announcement of new tariffs on imports. Concerns over supply chains & demand.

Germany’s car industry is in the eye of the auto tariff storm. Stakeholders on both sides of the Atlantic must prepare for a period of uncertainty and increased costs.

This significant trading signal occurred for Ferrari shares at $420.88, after which RACE ran up to 1.5%, despite broader market decline.

JPMorgan has lowered its price target on Ferrari to $460 from $525 while maintaining an 'Overweight' rating.

The newly imposed 25% auto tariff threatens to disrupt the global automotive industry. Analysts warning of sharp price increases and declining sales.

Ferrari announces price hikes on select models due to upcoming U.S. import tariffs, driving an increase in its stock price.