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Morningstar

Morningstar

Sep 02, 2026

Ferrari N.V.: Ferrari’s Focus on Long-Term Brand Protection Maintains Its Wide Moat

Symbols

RACE

Sector(s)

Consumer Cyclical

Rating

Current Price

409.95

Fair Value

Economic Moat

Stewardship

Summary

Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640

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