From Yahoo Finance: 2025-05-06 07:01:00

In 2025, certain automotive companies, including Ferrari N.V. (NYSE:RACE), have thrived despite high interest rates, with consumers opting to repair existing vehicles due to financial constraints. The average age of vehicles is at a record 12.6 years, benefiting automotive parts companies.

Ferrari N.V. (NYSE:RACE) has seen significant growth in 2025, thanks to strong financial performance and strategic updates. The company maintained commercial terms for certain models despite import tariff challenges, implementing a maximum 10% price increase for other models. Financial targets for 2025 remain solid, with potential minor profitability risk.

Ferrari N.V. (NYSE:RACE) reported outstanding financial results for 2024, focusing on quality of revenues over volumes. Strong product mix and demand for personalizations drove growth. The company expects to meet 2026 profitability targets ahead of schedule, with a consensus price target indicating 4% upside.

Despite ranking 15th in surging vehicles and parts stocks, Ferrari N.V. (NYSE:RACE) is up 9.74% year-to-date. While RACE shows investment potential, AI stocks may offer higher returns in a shorter time frame. Consider exploring undervalued AI stocks for promising investment opportunities.

Read more: Why Ferrari N.V. (RACE) Is Surging in 2025