Ferrari stock gains as Q3 margin strength lifts 2026 outlook
Published on 11/06/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFerrari raises its 2026 outlook
- Third-quarter revenue rose as stronger product mix and personalizations supported profitability.
- Ferrari's order book extends into 2028, with two more launches planned for 2026.
- Vehicle deliveries fell slightly, underscoring the company's focus on pricing and mix.
Ferrari raised its 2026 outlook after reporting stronger third-quarter profitability on November 3, according to the company's third-quarter results release. The figures for the period ended September 30 show that richer vehicle mix and higher customer personalizations offset a slight decline in deliveries.
Mix supports third-quarter profitability
Ferrari generated revenue of 1,896 million euros in the quarter, up 7 percent year over year and 10 percent at constant currency. Operating profit rose 12 percent to 563 million euros, while the operating margin reached 29.7 percent.
EBITDA increased 12 percent to 753 million euros, with a 39.7 percent margin. Net profit reached 431 million euros and diluted earnings per share rose to 2.44 euros from 2.14 euros a year earlier. Industrial free cash flow was 567 million euros.
Deliveries totaled 3,368 vehicles, down 33 units from the prior-year quarter. Ferrari said the F80 and a richer product mix, together with stronger personalizations led by the 296 Speciale family, supported the result.
Higher targets reflect pricing power
Ferrari lifted its 2026 revenue outlook to about 7.65 billion euros from about 7.60 billion euros and raised adjusted EBITDA guidance to at least 3.00 billion euros from at least 2.97 billion euros. Industrial free cash flow is now expected to reach up to 1.65 billion euros, compared with a previous target of at least 1.55 billion euros.
Reuters reported that Ferrari linked the upgrade to stronger-than-expected personalizations, softer currency headwinds and its second-place position in the Formula 1 championship. The company said its order book reaches into 2028 and that two more launches are planned for this year.
Current quote and investor focus
Ferrari stock traded at 374.63 euros on Lang & Schwarz at 17:10 CET on Friday, November 6, 2026.
Investors can follow the real-time quote of Ferrari stock.
Ferrari N.V. key figures
- ISIN: NL0011585146
- Ticker: RACE
- Latest quote: 374.63 euros on Lang & Schwarz, November 6, 2026, 17:10 CET
- Third-quarter revenue: 1,896 million euros
- Third-quarter EBITDA: 753 million euros
- 2026 revenue guidance: About 7.65 billion euros
- 2026 adjusted EBITDA guidance: At least 3.00 billion euros
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