Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hagerty Inc Class A ( (HGTY) ) has provided an update.
On August 4, 2025, Hagerty Inc announced its tenth consecutive quarter of profitable growth, with a significant revenue increase of 18% to $688 million and a net income rise of 46% to $74 million in the first half of 2025. The company highlighted its expansion in the auction business through Broad Arrow Auctions, which has become the second-largest auction house in the premium segment globally. Notable events include successful auctions in Europe and an upcoming auction in the United States, showcasing Hagerty’s strategic growth and market leadership in the classic car industry.
The most recent analyst rating on (HGTY) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Hagerty Inc Class A stock, see the HGTY Stock Forecast page.
Spark’s Take on HGTY Stock
According to Spark, TipRanks’ AI Analyst, HGTY is a Outperform.
Hagerty Inc Class A demonstrates strong financial performance and positive strategic initiatives, contributing to a solid score. However, high valuation metrics and potential overbought technical indicators temper the overall outlook. The positive earnings call and recent corporate events highlight growth potential, but challenges such as slower customer acquisition and high initial technology costs should be monitored.
To see Spark’s full report on HGTY stock, click here.
More about Hagerty Inc Class A
Hagerty Inc Class A operates in the automotive industry, focusing on serving classic car enthusiasts. The company offers a unique business model centered around car passion, providing services beyond insurance to preserve driving culture. Hagerty has established a strong market presence with high customer retention and a stellar Net Promoter Score, indicating a loyal customer base and sustainable growth.
Average Trading Volume: 79,104
Technical Sentiment Signal: Buy
Current Market Cap: $3.42B
See more data about HGTY stock on TipRanks’ Stock Analysis page.