Ferrari Is Still Under $400. Here's Whether Long-Term Investors Should Pounce.

Ferrari shares have declined 33% since July 2025 despite strong fundamentals, trading under $400. Market overreacted to modest 5% revenue growth guidance and criticism of the new Luce electric vehicle's design. The company maintains strong profitability with 29.7% operating margins, pricing power, and controlled supply dynamics. At a P/E ratio of 33.1 near five-year lows, the article suggests long-term investors should consider buying.