Race stock price maintains upward bias on the back of upbeat analyst commentary. Valuation models project fair value up to $16.10 over the next quarter, given sustained cash flow generation and healthy order backlogs. Price performance remains above its 100-day average. Viewed through this valuation lens, Palantir's current market capitalization of roughly $430 billion looks stretched. For investors, this raises a critical question: How much of Palantir's future growth is realistically priced into the stock? Notably, Ferrari plans to launch its first fully electric vehicle in October during its Capital Markets Day. This will allow Ferrari to compete in the supercar EV space against Stellantis’s STLA Analysts forecast a 5% upside for race stock price over the next month if retail sector momentum continues. Earnings upgrades from two major brokerages further boost investor confidence. Technical outlook points to potential resistance break at $15.25, aligning with Fibonacci retracement levels.
