Ferrari Shares Offer 'Compelling' Value -- Market Talk
Dow Jones2026/10/01 10:551055 GMT - Ferrari remains a compelling long-term buy-and-hold investment, with shares trading at a discount to their long-term trading range, AlphaValue analyst Adrien Brasey writes. The company's unique business model, underpinned by scarcity, a record order book covering all of 2027, and sustained pricing power, provides exceptional earnings visibility and resilience, he says. The latest guidance upgrade, combined with personalization revenues ahead of plan, reinforces Ferrari's long-standing track record of exceeding guidance and achieving strategic targets ahead of schedule, he adds. AlphaValue says it thinks the company's 2030 financial targets represent a floor rather than a ceiling. It rates Ferrari at add with a 438 euro target price. Shares rise 0.1% to 346.80 euros. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
October 01, 2026 06:55 ET (10:55 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave Prints Enormous 68% Volume Increase: What's Behind It
Data: 500 millions USDT transferred out of a certain exchange
BUZZ-Verastem shares rise on positive ovarian cancer drug trial results
BUZZ - Tesla shares rise due to strong third-quarter delivery performance