9 Best Auto Stocks to Buy Now

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

Number of Hedge Fund Holders: 46 

Analysts’ Upside Potential as of December 26:  22.38%

Ferrari N.V. (NYSE:RACE) is among the Best Auto Stocks.

Berenberg reduced its price objective for Ferrari N.V. (NYSE:RACE) from EUR 399 to EUR 381 while keeping a Buy rating, according to a December 16, 2025, theFly report.

Before this, on December 11, 2025, BNPP upgraded Ferrari N.V. (NYSE:RACE) from Neutral to Outperform and set a price objective of $463, noting projections for 2026 earnings growth.

The business also increased its yearly forecast and stated it anticipates earning about 9 billion euros by 2030. The firm raised its previous goal of more than 7 billion euros to at least 7.1 billion euros in net revenue for 2025. Furthermore, the company plans for an adjusted EBITDA of at least 3.6 billion euros by 2030, primarily due to development in sports cars and product mix.

Ferrari N.V. (NYSE:RACE) is among the world’s most prominent luxury automobile manufacturers. A Ferrari represents Italian flair, exclusivity, and driving performance comparable to Formula One. The firm maintains its wide-moat brand strength by carefully cultivating each of these brand pillars, according to Morningstar analysts.

 Nonetheless, the stock is down by 9.20% YTD, as of December 26.

While we acknowledge the potential of RACE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RACE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. 9 Best Auto Stocks to Buy Now is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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