JMP Securities Begins Coverage of Hagerty, Assigns Market Outperform Rating and Sets Price Target at $15
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2025
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Source: Benzinga
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Analyst Views on HGTY
Wall Street analysts forecast HGTY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HGTY is 13.50 USD with a low forecast of 11.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 12.490
Low
11.00
Averages
13.50
High
15.00
Current: 12.490
Low
11.00
Averages
13.50
High
15.00
About HGTY
Hagerty, Inc. is an automotive enthusiast brand. The Company is a provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the Americans who self-describe as car enthusiasts. Through its insurance business, the Company acts as a Managing General Agent (MGA) by underwriting, selling, and servicing collector car and enthusiast vehicle insurance policies. In addition, the Company offers Hagerty Drivers Club (HDC) memberships, which are primarily bundled with its insurance policies and give subscribers access to an array of products and services, including emergency roadside assistance, Hagerty Drivers Club Magazine, automotive enthusiast events, its proprietary vehicle valuation tool, and special vehicle-related discounts. It provides insurance for approximately 2.6 million collector cars and enthusiast vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
1938 Alfa Romeo 8C 2900B Wins Best of the Best Award 2025
- Award Recognition: The 1938 Alfa Romeo 8C 2900B won the Best of Show at The Amelia Concours and was named the Best of the Best Award 2025, highlighting its exceptional status in the global automotive community.
- Historical Significance: Ordered by famed Italian racer Giuseppe Farina in 1938, this vehicle is believed to be one of the prototypes for the 1938 Mille Miglia, representing the pinnacle of automotive engineering of its time.
- Design and Craftsmanship: The Alfa Romeo 8C 2900B exemplifies a moment when performance, design, and craftsmanship aligned perfectly, resonating with car enthusiasts even today and underscoring its significance in automotive history.
- Upcoming Events: The Amelia Concours will take place from March 5-8, 2026, featuring various activities including the Concours d'Elegance and auctions, attracting numerous automotive enthusiasts.
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1938 Alfa Romeo 8C 2900B Wins Best of the Best 2025
- Best in Show Award: The 1938 Alfa Romeo 8C 2900B won the Best of Show at The Amelia Concours d'Elegance, showcasing its exceptional design and craftsmanship, thereby reinforcing the brand's position in the classic car market.
- Market Impact: The award not only enhances the vehicle's market value but also attracts more collectors and enthusiasts, potentially driving up future auction prices and increasing brand influence.
- Heritage Recognition: As a classic car manufacturer, Alfa Romeo's recognition of its historically significant model underscores its importance in automotive history, inspiring a new generation of designers and engineers.
- Event Prestige Boost: This accolade elevates The Amelia Concours d'Elegance's international reputation, attracting more high-end automotive brands to participate, further promoting the dissemination and development of classic car culture.
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