Ferrari Raises 2026 Guidance After Q3 Earnings Beat
Stronger personalizations and the limited-edition F80 helped offset lower shipments and currency headwinds, while the order book now reaches into 2028.
- On Tuesday, Ferrari raised its 2026 guidance after beating Wall Street's third-quarter expectations, with revenue reaching 1.9 billion euros versus 1.89 billion euros anticipated by LSEG.
- Stronger-than-Expected customer personalizations—those touches customers request at extra cost—and Ferrari's second-place Formula performance drove the guidance improvements, while F80 supercar sales boosted product mix.
- In the third quarter, Ferrari's adjusted EBITDA rose 12% to 753m, topping the 739m analyst consensus, while adjusted EPS reached 2.44 euros, exceeding the 2.37 euros expected.
- Milan-Listed shares initially declined before turning positive, rising roughly 2% during premarket trading; RBC Capital Markets analyst Tom Narayan said results were "largely in line" with expectations.
- Ferrari CEO Benedetto Vigna stated the order book reaches into 2028 with two more launches planned this year, while the company continues creating engaging events across Racing, Sports Cars, and Lifestyle.
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Ferrari raised its projections for the year for the second time in 2026, driven by the strong demand for vehicle customization programs and by the acceleration in deliveries of the latest and most profitable models in the third quarter. Exclusive material for subscribers. To have full access, access the link of the material and make your registration.
Reformatorisch Dagblad
The Italian sports car manufacturer Ferrari has once again revised its profit forecast for the whole of 2026 upwards, primarily due to continued strong demand for exclusive, more expensive models. Customers are also paying more for personalization, where cars are fully customized to their own taste, for example with special colors, materials, finishes, and extra options.
Ferrari nudges up full-year forecasts after beating consensus in Q3
Ferrari's third-quarter revenue was up 7%, and net profit up 13%, the glamorous sportscar maker and Formula One giant said Tuesday. Ferrari closed the third quarter of 2026 with net revenues of 1. (ANSA)
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