Ferrari raises 2026 outlook after Q3 earnings beat
Ferrari reported Q3 2026 net revenue of €1.896 billion, up 7% year‑on‑year on a reported basis (10% in constant currency). EBIT rose to €563 million, a 12% increase on a reported basis (23% in constant currency), and diluted EPS was €2.44. The company upgraded its 2026 full‑year guidance to €7.65 billion of revenue (previously €7.60 billion) and an adjusted EBITDA target of at least €3 billion (up from €2.97 billion), and expects adjusted earnings above €9.85 per share. CEO Benedetto Vigna highlighted a strong order book extending to 2028 and two further model launches later in the year.
Why it matters
The guidance lift signals higher revenue and profit expectations for 2026, which may improve valuation multiples and attract investor interest (the company says the upgrade reflects stronger personalisation demand and lower currency headwinds). The higher adjusted EBITDA and earnings forecasts provide a clearer target for analysts and investors.
Key facts
- 1Q3 2026 net revenue was €1,896 million, up 7% YoY on a reported basis. stocktitan.net
- 2The same revenue grew 10% YoY at constant currency. stocktitan.net
- 3Q3 2026 EBIT was €563 million, up 12% YoY on a reported basis. stocktitan.net
- 4EBIT increased 23% YoY at constant currency. stocktitan.net
- 5Diluted EPS for the quarter was €2.44. stocktitan.net
- 6Industrial free cash flow reached €567 million, up 43% YoY on a reported basis. stocktitan.net
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.