{
}
Barclays has upgraded Ferrari's stock rating to Overweight, identifying a strategic entry point for investors despite a new 25% tariff on imported cars to the U.S. The automaker remains confident in its full-year guidance and plans to raise prices by up to 10% on some models.With six new model launches anticipated this year, shares rose 2.1% in premarket trading after a 3.2% gain on Thursday, reflecting a positive outlook amid challenges in the European auto industry.
Ferrari (NYSE:RACE) has been upgraded to "Overweight" by Barclays, with a consensus rating of "Moderate Buy" and a price target of $497.86. Despite this, five other stocks are currently favored by top analysts. The company, known for luxury performance sports cars, has seen recent institutional investments, reflecting growing interest.
Barclays has upgraded Ferrari to "overweight" from "equal weight," highlighting its "safe-haven status" amid auto sector uncertainties, while Kepler Chevreux raised its rating to "buy" from "hold" following a recent sell-off. Ferrari shares rose by up to 3.4% after a 20% decline from their peak last February, presenting a favorable entry point for investors. Out of 16 analysts, nine recommend "strong buy" or "buy," six suggest "hold," and one advises "sell."
European banking stocks continue to rally, with the Stoxx 600 Banks Index up 25% this year, marking its best quarterly performance since 2020. Ferrari received buy-equivalent ratings from Barclays and Kepler Cheuvreux after reaffirming its financial guidance, highlighting its resilience. Meanwhile, Adidas and Puma are under scrutiny following Lululemon Athletica's disappointing outlook, raising concerns about consumer spending in the sports apparel sector.
Ferrari has been upgraded to Overweight from Equal Weight by Barclays, indicating a more favorable outlook for the luxury car manufacturer. This change reflects analysts' increased confidence in Ferrari's performance and potential growth in the market.
Barclays has upgraded Ferrari to "overweight" from "equal weight," citing the company's strong guidance and resilience amid 25% US tariffs on foreign car imports. The analysts view the recent 20% share price correction as a buying opportunity, with Ferrari's planned price increases expected to mitigate margin impacts and demonstrate pricing power. Projections indicate growth in sales, gross profit, EBITDA, and EBIT through 2027, reinforcing Ferrari's position as a safe-haven in the automotive sector.
President Donald Trump has announced a 25% tariff on auto imports, set to take effect in April, aimed at boosting domestic manufacturing and generating $100 billion annually. While he stated that Tesla CEO Elon Musk did not influence this decision, he suggested the tariffs could be "net neutral or good" for companies with U.S. plants.Tesla has warned the U.S. Trade Representative about potential sourcing challenges for certain components due to the tariffs, which have sparked global outrage and calls for countermeasures from countries like Germany and Japan. The American Automotive Policy Council has urged that tariffs should not burden consumers or harm competitiveness.
Ferrari's stock price target has been lowered by JPMorgan Chase & Co. from $525 to $460, suggesting an 11.18% upside potential. The stock currently holds a "Moderate Buy" rating, with three analysts rating it as a hold and seven as a buy. Recently, hedge funds have significantly increased their stakes in the company, reflecting strong institutional interest.
President Trump has announced a permanent 25% tariff on all imported vehicles and auto parts, effective April 3, sparking immediate backlash from affected countries, particularly Canada, which threatens countermeasures. The market reacted negatively, with significant declines in shares of major automakers, including General Motors and Ford, while Tesla saw a slight increase.
Ferrari N.V. operates primarily in luxury sports vehicle manufacturing, accounting for 85.8% of net sales, with models like the 458 Italia and 488 GTB. The company also engages in sponsorship activities (10%) and other ventures (4.2%). Geographically, the U.S. represents the largest market at 28.8%, followed by Europe-Middle East-Africa at 22.3%.
Ferrari N.V.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Barclays upgrades Ferrari stock amid tariff challenges and new model launches
14:03 28.03.2025
ferrari receives upgrade but analysts favor five other stocks for investment
13:36 28.03.2025
barclays and kepler upgrade ferrari after significant share price drop
10:44 28.03.2025
European banking stocks rally while Ferrari and Adidas face market scrutiny
10:14 28.03.2025
Ferrari receives upgrade to overweight rating from Barclays
09:30 28.03.2025
barclays upgrades ferrari to overweight amid strong guidance and tariff resilience
08:34 28.03.2025
Trump announces auto tariffs amid mixed reactions from industry and global leaders
United States Dollar
General Motors Co
Mercedes-Benz Group AG
Tesla, Inc.
Ferrari N.V.
MEX
CAN
ITA
DEU
JPN
CHN
USA
Elon Musk
Donald Trump
Stephanie Scarbrough
Show more
19:57 27.03.2025
Ferrari stock target price lowered amid mixed analyst ratings and market performance
Marshall Wace LLP
Barclays PLC
Deutsche Bank Aktiengesellschaft
Ferrari N.V.
JPMorgan Chase & Co.
ITA
Show more
14:19 27.03.2025
Trump imposes tariffs on imported vehicles triggering market sell-off
United States Dollar
Mercedes-Benz Group AG
Tesla, Inc.
Volkswagen AG
General Motors Company
Stellantis NV
Ferrari N.V.
CAN
USA
Mark Carney
Donald Trump
Show more
12:22 27.03.2025
Ferrari maintains strong sales performance and diverse global market presence
09:48 14.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Retail and Consumer Goods
CEO Changes
Financial Scams and Security
Global Trade Developments
Central Bank Actions
GDP Growth & Recession Forecasts
Industry Mergers & Acquisitions
Government Policies
Hedge Funds & Private Equity
Inflation and Monetary Impact
Workplace Trends
Startups & Entrepreneurship
Government Economic Policies
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Bank of America Corporation
Apple Inc.
Wells Fargo & Company
Citigroup Inc.
Barclays PLC
Morgan Stanley
Deutsche Bank Money Market PP
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
American Express Company
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
UBS Group AG
AMERICAN EXPRESS
Northern Trust Corporation
Amazon.com, Inc.
Banco Santander, S.A.
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Canadian Dollar
Australian Dollar
Russian Ruble
Mexican Peso
Saudi Riyal
United Arab Emirates Dirham
Indonesian Rupiah
Hong Kong Dollar
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Ghanaian Cedi
South Korean Won
People: