Analyst Horst Schneider of Bank of America Securities maintained a Buy rating on Ferrari, retaining the price target of €450.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Horst Schneider has given his Buy rating due to a combination of factors that highlight Ferrari’s strong financial performance and strategic positioning. The company exceeded expectations in the third quarter of 2025, with higher unit sales and an enriched product mix leading to increased revenue per unit. This resulted in a notable rise in net revenues and EBIT, showcasing Ferrari’s ability to manage its sales and earnings effectively.
Furthermore, Ferrari’s robust order book extending into 2027 and the strategic launch of new models like the F80 and Elettrica are expected to sustain its growth trajectory. Despite a slightly softer outlook for the fourth quarter due to model changeovers, the company’s long-term prospects remain strong. The management’s confidence is further underscored by the completion of the share buyback program ahead of schedule, reinforcing the company’s commitment to delivering shareholder value.
In another report released today, Deutsche Bank also maintained a Buy rating on the stock with a €460.00 price target.