Ferrari stock outlook rises after stronger Q3 profitability
Published on 11/10/2026 at 17:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFerrari's profit engine strengthens
- Third-quarter revenue and operating profit increased year over year as Ferrari benefited from a richer product mix and stronger personalizations.
- Management said the order book reaches into 2028, while further launches are planned before year-end.
- Industrial free cash flow remained strong despite model changeover costs and higher investment in new vehicles.
Ferrari reported stronger profitability for the third quarter on November 3, 2026, and raised its full-year outlook. The company said a richer product mix and higher customer personalizations supported earnings despite a planned model changeover.
Ferrari stock traded at 372.33 euros on Lang & Schwarz at 17:46 Berlin time on Tuesday, November 10, 2026.
Product mix drives higher margins
According to Ferrari's results release, third-quarter revenue rose to 1.896 billion euros, up 7 percent year over year and 10 percent at constant currency. Operating profit reached 563 million euros, up 12 percent, with the margin at 29.7 percent.
EBITDA also increased 12 percent to 753 million euros, producing a 39.7 percent margin. Net profit reached 431 million euros, while diluted earnings per share rose to 2.44 euros from 2.14 euros a year earlier. Industrial free cash flow was 567 million euros.
Luxury demand supports outlook
Ferrari delivered 3,368 vehicles during the quarter as it phased out some models and ramped up newer cars. The F80 supercar and the 296 Speciale family helped improve the mix, while personalizations added to revenue and profitability.
Chief Executive Benedetto Vigna said the order book now reaches into 2028. Ferrari also expects two further launches before the end of the year. The upgraded outlook reflects stronger personalizations, lower-than-anticipated currency headwinds and the company's position in Formula 1.
Ferrari N.V. at a glance
- Company: Ferrari N.V.
- ISIN: NL0011585146
- Ticker: RACE
- Home listings: NYSE and Euronext Milan
- Lang & Schwarz quote: 372.33 euros, Tuesday, November 10, 2026, 17:46 Berlin time
European investors are also watching the FTSE MIB market environment as luxury and automotive shares respond to currency moves and changing demand expectations.
