Ferrari (RACE) Stock Rated Outperform on Strong Pricing Power

Ferrari NV (NYSE:RACE) ranks among the stocks that could 10x over the next 10 years. Evercore ISI reaffirmed its Outperform rating and $475 price target for Ferrari NV (NYSE:RACE) on March 19. The firm stated that Ferrari will most likely lower its projections for the first half of 2026 and offer further information on how the Middle East war may affect 2026 earnings if it lingers into the second half of the year.

According to Evercore ISI, Ferrari NV (NYSE:RACE) typically builds enough support to outperform its initial revenue expectations by about 5%, though the firm added that Ferrari NV (NYSE:RACE) rarely raises expectations on the first-quarter call.

If the war is prolonged, the possibility of slower sales in the Middle East could increase, which might limit any near-term upside to 2026 figures. However, the firm believes there is little risk of negative adjustments in the near term and that this will demonstrate the adaptability that Ferrari’s global supply model allows during disputes.

Ferrari NV (NYSE:RACE), more commonly known as Ferrari, is an Italy-based manufacturer, designer, and retailer of luxury sports cars. It also produces one-off and limited-series cars and operates under the Ferrari brand.

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