1938 Alfa Romeo 8C 2900B Wins Best of the Best 2025

Written by Emily J. Thompson, Senior Investment Analyst

Source: PRnewswire

Updated: Jan 27 2026

0mins

HGTY-0.24%

Should l Buy HGTY?

Source: PRnewswire

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.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy HGTY?" and start using high-conviction signals backed by rigorous historical data.

HGTY

$12.6+Infinity%1D

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: 12.630

Low

11.00

Averages

13.50

High

15.00

Current: 12.630

Low

11.00

Averages

13.50

High

15.00

JPMorgan

Pablo Singzon

Neutral

maintain

$12 -> $13

2026-01-07

Reason

JPMorgan

Pablo Singzon

Price Target

$12 -> $13

AI Analysis

2026-01-07

maintain

Neutral

Reason

JPMorgan analyst Pablo Singzon raised the firm's price target on Hagerty to $13 from $12 and keeps a Neutral rating on the shares. The firm adjusted targets in the property and casualty insurance sector as part of its 2026 outlook. While fundamentals in the P&C sector "are getting more challenging," pricing, margin, and growth headwinds "seem better reflected in sentiment and valuation levels," the analyst tells investors in a research note.

Keefe Bruyette

Outperform

maintain

$14 -> $15

2025-11-12

Reason

Keefe Bruyette

Price Target

$14 -> $15

2025-11-12

maintain

Outperform

Reason

Keefe Bruyette raised the firm's price target on Hagerty to $15 from $14 and keeps an Outperform rating on the shares. The firm continues to view 2026 as an inflection year for Hagerty, the analyst tells investors in a research note.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for HGTY

Unlock Now

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.

Broad Arrow Auctions Sets New Records in Global Icons Series

5 days agoNewsfilter

Record Auction Total: Broad Arrow Auctions' Global Icons online auction series achieved over €18.3 million in total sales, with 90% of lots sold, reflecting strong demand from global collectors for classic cars and memorabilia, thereby solidifying its leadership position in the collector car auction market.
Michael Schumacher's Race Car Auction: The 1992 Benetton B192-05 sold for €5.082 million, becoming the star of the auction, and its first-ever public sale attracted immense interest from collectors worldwide, highlighting its significant place in racing history.
Ferrari Sets Auction Record: The 2003 Ferrari 360 Challenge Stradale fetched €561,000, setting a European auction record for the model, demonstrating the ongoing vibrancy of the high-end car market and the strong demand for rare models.
Diverse Auction Appeal: The auction featured classic models such as the 1955 Lancia Aurelia B24 S Spider and the 1971 Lamborghini Miura P400 S, the latter selling for €1.716 million, further proving the sustained interest and investment value of classic cars in the collector market.

Hagerty Executive Sells 50,000 Shares in Open Market Transaction

6 days agoFool

Transaction Overview: Kenneth Ahn, President of Hagerty Marketplace, executed an indirect sale of 50,000 Class A Common Stock shares on January 26, 2026, for approximately $620,500, indicating executive liquidity management within the company.
Ownership Change Analysis: Post-transaction, Ahn retains 113,593 direct shares while eliminating all indirect equity exposure, effectively managing his risk profile and maintaining direct investment in Hagerty.
Financial Performance Highlights: Hagerty reported a record net income of $20.85 million in Q3 of fiscal year 2025, marking a 327% year-over-year increase, showcasing its robust performance in the specialty insurance market.
Market Outlook: Hagerty's stock surged approximately 38% in 2025, and with strong financials and a profitable subscriber base, the company presents an attractive investment opportunity for those seeking exposure to the auto insurance sector.

Kenneth Ahn Sells Shares of Hagerty Marketplace

6 days agoNASDAQ.COM

Transaction Overview: Kenneth Ahn indirectly sold 50,000 shares of Hagerty, Inc. through Quadrifoglio Holdings LLC for a total transaction value of $620,500 at a price of $12.41 per share, reflecting confidence in the market.
Holding Proportion Analysis: This transaction represented 100% of Ahn's indirect holdings and 30.56% of his total position, indicating his significant stake and expectations for the company's future market performance.
Financial Performance Highlights: Hagerty reported a record net income of $20.85 in Q3 of fiscal year 2025, marking the highest quarterly earnings since going public, with an impressive year-over-year increase of approximately 327%, showcasing strong financial health.
Market Outlook: Hagerty's stock price surged approximately 38% in 2025, and with its unique insurance offerings and profitable subscriber base, the company presents substantial investment potential in the auto insurance market.

1938 Alfa Romeo 8C 2900B Wins Best of the Best Award 2025

Jan 27 2026Newsfilter

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.