Research Alert: CFRA Maintains Hold Opinion On Shares Of Ferrari N.v.
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CFRA has maintained a Hold rating on Ferrari N.V. shares, lowering the 12-month price target by $40 to $350 due to disappointing Q1 results. Analysts noted weaker margins and a 4.4% decline in vehicle sales, which pose challenges to profitability. Despite maintaining EPS estimates of EUR9.70 for 2026 and EUR10.50 for 2027, concerns remain about the company's transition to electric and hybrid vehicles by 2030. The stock's risk/reward potential is viewed as balanced at current levels.
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