Ferrari NV Stock Forecast:
According to a stock forecast from 9 analysts, the average target price for Ferrari NV (RACE:NYE)stock over the next 12 months is USD 289.87. The average analyst rating for Ferrari NV is “Buy.” Stock Target Advisor‘s analysis of the stock suggests a slightly bullish outlook, based on 10 positive signals and 7 negative signals. The most recent closing price for Ferrari NV’s stock was USD 317.96, representing a change of +3.13% over the past week, +9.35% over the past month, and +71.81% over the last year.
Ferrari NV News:
Ferrari NV, the renowned luxury sports automaker, has taken a significant leap towards sustainable performance with the introduction of two new plug-in hybrid models. These limited-series vehicles, based on the iconic SF90 Stradale supercar from 2019, mark Ferrari’s foray into the world of series hybrid cars. Inspired by the brand’s exclusive XX program, which caters to expert client drivers seeking extreme track-only vehicles, these road-homologated models are set to redefine the top end of Ferrari’s price range. With the SF90 XX Stradale starting at 770,000 euros and the SF90 XX Spider, equipped with a retractable top, priced at 850,000 euros, Ferrari is pushing the boundaries of luxury and performance.
The SF90 XX Stradale and SF90 XX Spider are the culmination of Ferrari’s commitment to developing cutting-edge hybrid technologies without compromising performance. Leveraging their expertise gained from the XX program, which spans over two decades, Ferrari has created these exclusive models that deliver exhilarating speed, exceptional handling, and reduced environmental impact.
The XX program has been instrumental in refining Ferrari’s top-range models for track use, pushing the limits of what is possible in terms of performance and aerodynamics. By incorporating the advancements made through this program into their series hybrid cars, Ferrari has ensured that the SF90 XX Stradale and SF90 XX Spider will offer an unparalleled driving experience.