Elettra
Search documents
Bank of America Securities Reiterates a Buy Rating on Ferrari (RACE)
Yahoo Finance· 2026-01-31 20:51
Core Viewpoint - Ferrari N.V. is considered one of the best stocks to invest in at its 52-week low, with analysts providing mixed ratings and price targets ahead of its upcoming earnings report [1][2]. Analyst Ratings - Bank of America Securities reiterated a Buy rating on Ferrari N.V. but lowered the price target from $415 to $360 [1]. - Jefferies maintained a Hold rating with a price target of $357.39 [1]. Earnings Expectations - The company is expected to release its Q4 2025 earnings on February 10, 2026, with anticipated revenue of approximately $2.11 billion and a GAAP EPS of $2.48 [2]. Analyst Insights - Analysts at Bank of America do not expect major surprises from Ferrari and foresee a conservative outlook due to a lower average selling price for vehicles and adjustments in the sales mix, particularly with the all-electric Elettra model [3]. - The Elettra model is expected to have lower margins compared to traditional gas-powered supercars [3]. Future Outlook - 2026 is viewed as a transitional year for Ferrari, with the first half expected to be softer due to production changes and unfavorable currency fluctuations, while the second half is anticipated to yield higher earnings [4]. - Ferrari designs, manufactures, and sells luxury sports cars, including iconic models like the F12berlinetta and 488 GTB [4].