Ferrari's outlook is growing more positive according to financial analysts
Ferrari, the iconic Italian luxury sports car manufacturer, is gearing up for an electrifying future. According to the company's internal roadmap, 15 new models are set to be introduced by 2026, with a significant shift towards electrification.
The transition to electric vehicles is expected to be spearheaded by the Ferrari Elettrica, the company's first pure electric vehicle. The Elettrica is scheduled for its grand unveiling in early October 2025.
The anticipation for Ferrari's electric debut has not gone unnoticed in the financial world. Analysts such as Nicolai Kempf from Deutsche Bank and Susy Tibaldi from UBS have raised their price targets for Ferrari stock. Kempf expects a 5% increase in the 2026 earnings consensus estimate for Ferrari, with a price target of 520 euros, while Tibaldi anticipates a more ambitious target of 487.50 euros.
The stock of Ferrari (WKN: A2ACKK) has already shown signs of a rebound, crossing the 200-day line, generating a new buy signal. This positive trend has led both Deutsche Bank and UBS to give new buy recommendations for Ferrari stock.
During the upcoming capital market day on October 8, Ferrari is expected to provide a detailed look into its product roadmap, possibly offering more insight into its electrification plans. The investor day, where the long-awaited debut of the Ferrari Elettrica is expected to occur, is yet to be specified.
As part of its electrification strategy, Ferrari plans to sell 60% hybrids or EVs and 40% pure internal combustion engines by 2026. This ambitious plan is a testament to Ferrari's commitment to embracing the future of automotive technology while maintaining its legendary performance and style.
With the introduction of the Ferrari Elettrica and the company's commitment to electrification, Ferrari is poised to continue its success in the automotive industry, pushing the boundaries of performance and innovation. The next resistance for Ferrari stock is the 451 euro mark, a challenge the company may very well overcome as it embarks on this exciting new chapter.
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