Ferrari N.V. (RACE)’s ASP Growth Expectations Fuel Analyst Optimism

Ferrari N.V. (NYSE:RACE) is 1 of the astir well-known luxury car brands successful the world. Its shares are down by 5.9% year-to-date arsenic they conflict to retrieve from a large 21% dip successful October. The banal fell aft what media reports described arsenic a lackluster €9 cardinal gross people for 2030.

As of November 28th, retired of 14 expert recommendations for Ferrari N.V. (NYSE:RACE)’s stock, 8 were a Buy, portion 3 were a Strong Buy. The remaining 3 were a Hold. The mean stock terms people for Ferrari N.V. (NYSE:RACE)’s banal was $484.92.

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One caller expert enactment connected Ferrari N.V. (NYSE:RACE)’s shares came successful the signifier of a Buy standing from Goldman Sachs aft the slope initiated sum and acceptable a $454 (€391) stock terms people connected November 24th. As portion of its coverage, the slope outlined that Ferrari N.V. (NYSE:RACE) could acquisition an mean selling terms maturation of 14% and 4% for the years 2026 and 2027. Goldman’s optimism astir the steadfast was based connected Ferrari N.V. (NYSE:RACE)’s pricey vehicles specified arsenic the 296 Versione Speciale and the F80 hypercar.

Pricing powerfulness was a portion of the treatment during Ferrari N.V. (NYSE:RACE)’s third-quarter net call, arsenic aft GAM’s Flavio Cereda asked absorption whether they expected pricing powerfulness to proceed successful the future, CEO Benedetto Vigna replied:

“Thank you, Flavio, for the question. It’s not astatine each an end. Actually, we consciousness assured that with each the innovation that we person to delight our clients, we bash not spot immoderate weakening successful our pricing power. We volition proceed to connection Flavio, car with a antithetic positioning. All of them volition payment of the pricing powerfulness due to the fact that this pricing power, conscionable to beryllium clear, is not coming due to the fact that we volition conscionable summation the terms for the same, fto maine say, merchandise arsenic it is. No, we volition marque richer and richer innovative, much and much innovative with the merchandise truthful that by delighting the client, we are assured that we volition support our pricing power. And this is what we are moving on. And this is the extremity of each the wealth that we put successful R&D, successful innovation with each the squad here.”

While we admit the imaginable of RACE arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.