Ferrari Lifts 2026 Profit Outlook After Robust Second Quarter

The company’s updated 2026 guidance now projects revenue of approximately 7.6 billion euros, an increase from the previous 7.5 billion euro estimate. Adjusted earnings are expected to reach at least 2.97 billion euros, or 9.68 euros per share. These revisions also reflect modest growth in industrial free cash flow and operating profit margins.

CEO Benedetto Vigna credited the strong results to resilient global demand and a persistent trend toward high-margin vehicle personalizations. The positive outlook resonated with investors, driving shares up roughly 2% in Thursday’s premarket trading. RBC Capital Markets analyst Tom Narayan noted that the timing of the upgrade is particularly significant, as Ferrari historically waits until the third quarter to revise its annual guidance. Driven by an operating profit of 605 million euros and a 31.2% margin, the company’s net profit climbed 9% compared to the same period last year.