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24x7Report > Blog > Finance > Bank of America Securities Reiterates a Buy Rating on Ferrari (RACE)
Finance

Bank of America Securities Reiterates a Buy Rating on Ferrari (RACE)

Last updated: 2026/01/31 at 9:10 PM
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Bank of America Securities Reiterates a Buy Rating on Ferrari (RACE)
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​Ferrari N.V. (NYSE:RACE) is one of the Best 52-Week Low Stocks to Invest In. On January 28, Horst Schneider from Bank of America Securities reiterated a Buy rating on the stock but lowered the price target from $415 to $360. Earlier, on January 25, James Grzinic from Jefferies reiterated a Hold rating on Ferrari N.V. (NYSE:RACE) with a $357.39 price target.

​The ratings come ahead of the company’s Q4 2025 earnings, expected to be released on February 10, 2026. Wall Street expects the company to post revenue around $2.11 billion, along with a GAAP EPS of $2.48.

​Analysts at BofA noted that they do not expect any major surprises from the company and anticipate a conservative outlook. The firm noted that the reduced price target is based on the assumption that the company will experience a lower average selling price for its vehicles, mainly because Ferrari avoids automatic price hikes just to cover inflation. Moreover, the company has also adjusted its sales mix to reflect more “dilution” from the all-electric Elettra model, which is expected to have lower margins than gas-powered supercars.

​The firm sees 2026 as a transitional year for the company. The first half of 2026 is expected to be softer due to production switchovers between models and unfavorable currency swings. However, the second half is expected to lead to higher earnings overall.

Ferrari N.V. (NYSE:RACE), based in Italy but incorporated in the Netherlands, designs, manufactures, and sells luxury sports cars under the iconic Ferrari brand, including models like the F12berlinetta, 488 GTB, and limited-edition one-offs.

See also  Why F1’s Lewis Hamilton is quitting Mercedes to form a Ferrari ‘superteam’

While we acknowledge the potential of RACE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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TAGGED: America, bank, Buy, Ferrari, race, Rating, Reiterates, securities

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