Ferrari Stock Is Gaining Thursday: What's Going On? - Ferrari (NYSE:RACE)
Ferrari (RACE) reported Q results with revenue of 1.94 billion euros, up 8% year over year and above consensus, and EPS of 2.62 euros, above expectations. Cars and spare parts revenue rose 8%, shipments fell 3.7%. EBITDA rose to 755 million euros. Ferrari raised FY2026 revenue to about 7.60 billion euros and EPS outlook. Shares were up 2.29% to $394.78.
How this was made
The 30-second read
Why it matters
The key tradable update is the raised FY2026 revenue and adjusted EPS outlook, supported by management’s personalization and sports-car mix commentary.
Market read
Earnings beats plus a guidance raise are likely the dominant driver of the stock’s move, with demand visibility (2027 order book) supporting sentiment.
What to watch
Net industrial debt improved versus prior quarter, but free cash flow (201m euros) and industrial leverage details may matter for valuation if demand normalizes.
Background
Ferrari’s quarter included revenue growth, personalization-led mix benefits, and an order book that management says fully covers 2027.
Ticker impact
Ferrari reported revenue and EPS beats and raised FY2026 guidance, with order book coverage for 2027 cited by management.
Likely continued post-earnings support for RACE, with volatility around margin and shipment trends.
The article discloses a full earnings print with raised revenue and EPS outlook, plus specific demand drivers (personalization, sports-car mix) that typically move the stock, partially offset by declining shipments and a small EBITDA margin decline.
Market effects
Reinforces the premium sports-car pricing power narrative and demand resilience versus broader auto weakness.
Limited, mostly sentiment spillover into European luxury/auto names.
Modest, as it is company-specific but can influence read-across for low-volume luxury manufacturing margins.
Counterpoint
Shipment decline (-3.7%) and EBITDA margin compression (-70 bps) could cap upside if investors focus on volume/margin sustainability rather than guidance.
Key entities
- companyFerrari
Italian automaker reporting quarterly results and raising fiscal 2026 guidance.
- executiveBenedetto Vigna
CEO cited stronger-than-expected personalization and healthy demand.
- executiveAntonio Picca Piccon
CFO cited sports-car mix, personalization, and racing revenue as drivers.
