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Ferrari raises 2026 outlook after beating Q3 earnings and revenue estimates

Company Fundamentals
03 Nov 2026, 15:01 WIB
CNBC
View Source
Bullish
Ferrari raises 2026 outlook after beating Q3 earnings and revenue estimates

Ferrari raised its 2026 financial guidance following third-quarter results that slightly exceeded Wall Street expectations. The company reported adjusted earnings per share of 2.44 euros and revenue of 1.9 billion euros, both above estimates. Despite a slight drop in vehicle shipments by 318 units in the first nine months, Ferrari cited stronger customer personalizations, lower currency headwinds, and its strong Formula 1 championship position as reasons for the improved outlook. The automaker now expects higher revenue, earnings, and free cash flow by 2026, with a robust order book extending into 2028 and upcoming new model launches.

Ferrari's stock is currently trading at USD 411.23 on Pluang, showing a 2.02% gain in the last day. As of Nov 03, 2026 20:11 WIB, the market cap stands at $70.19 billion with a dividend yield of 1.05%.

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