Ferrari Raises 2026 Financial Guidance After Q3 Earnings Beat
Ferrari increased its 2026 revenue and earnings targets following third-quarter results that exceeded Wall Street expectations.
Ferrari S.p.A. raised its 2026 financial guidance on Tuesday after reporting third-quarter earnings and revenue that slightly beat Wall Street expectations. The automaker increased its 2026 revenue target to 7.65 billion euros and adjusted its earnings per share to at least 9.85 euros.
Company leadership attributed the improved outlook to strong customer personalizations, reduced currency headwinds, and a second-place finish in the Formula 1 championship. These gains occurred despite a decline in vehicle shipments, which fell to 10,170 units through the first nine months of the year due to lower volumes in Asia and the Americas.
CEO Benedetto Vigna noted that the company's order book now extends into 2028 and confirmed that two more vehicle launches are scheduled for the remainder of the year.
