Ferrari Is Raising Its 2026 Revenue Forecast to €7.6 Billion After Beating Second-Quarter Estimates
Ferrari said demand and personalizations lifted second-quarter results, with operating profit rising 9% and its order book full through 2027.
- On Thursday, July 30, Milan-listed Ferrari raised its 2026 revenue forecast to roughly 7.6 billion euros, up from 7.5 billion euros, after second-quarter earnings beat analyst expectations.
- CEO Benedetto Vigna attributed the results to a "sustained trend in personalizations," while Ferrari's order book fully covers 2027, supporting the revised guidance.
- Second-Quarter revenue rose 8% year-over-year to 1.94 billion euros, while adjusted earnings per share reached 2.62 euros and adjusted EBITDA climbed 7% to 755 million euros.
- Shares of Ferrari rose roughly 2% in premarket trading on Thursday; RBC Capital Markets analyst Tom Narayan noted the guidance raise signals positive momentum for the remainder of the year.
- Beyond combustion and hybrid models, Ferrari continues executing its strategy for the Luce EV, aiming to balance scarcity with production as it manages the transition toward a more diversified lineup.
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Ferrari slightly increased its projections for the year, driven by the strong continuous demand for vehicle customizations and by the increase in deliveries of new models in the second quarter. Exclusive material for subscribers. To have full access, access the link of the material and register.
Ferrari lifts earnings guidance, backs demand for debut EV
Ferrari has raised its profit forecast for the full year of 2026 after the Italian sports car manufacturer performed better than expected in the second quarter. The strong results are primarily due to high demand for exclusive models, such as the top-of-the-range F80 and a more expensive version of the Purosangue, Ferrari's first SUV.
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