13 Best Car Stocks to Buy in 2025

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9. Ferrari N.V. (NYSE:RACE)

Number of Hedge Fund Holders: 37   

Ferrari N.V. (NYSE:RACE) creates, engineers, and produces some of the most expensive cars in the world. A Ferrari is considered a status symbol because of its meticulous supply management to keep it below demand and its rich history of motor racing spanning decades. In 2024, the company sold 13,752 automobiles for an average price of more than EUR 480,000, with over 70% of those sold to current Ferrari customers. The sale of automobiles and spare parts generated 86% of revenue, with sponsorship, commercial, and brand activities such as racing and leisure events accounting for 10%. The stock surged by more than 11% YTD, making it one of the Best Auto Stocks.

UBS maintained its “Buy” rating on RACE while raising the stock’s price objective from $513 to $584. According to the analyst, its outcomes showed how strong the brand and business model are, with high-end demand outpacing supply despite macro difficulties. Significantly, Ferrari N.V. (NYSE:RACE) reported its consolidated preliminary unaudited results for the fourth quarter of 2024 and the twelve months that concluded on December 31, 2024. The company’s yearly net revenues jumped by 11.8% YoY to €6,677 million, and 13,752 vehicles were shipped overall.

Furthermore, the company anticipates a favorable product and country mix in 2025, along with significant modification. Ferrari N.V. (NYSE:RACE) also forecasts an increase in contribution from racing operations, meaning stronger sponsorships and commercial income as a result of the improved Formula 1 ranking in 2024. The firm’s solid order book and strategic focus on sustainability boost confidence in its potential for future growth.

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