Ferrari raises 2026 guidance after Q2 earnings beat

Ferrari increased its 2026 financial targets following better-than-expected second-quarter results driven by robust demand for its luxury sports cars. The company now projects revenue of approximately 7.6 billion euros, up from the prior guidance of 7.5 billion euros. Adjusted earnings guidance was also raised to at least 2.97 billion euros, or 9.68 euros in adjusted earnings per share, compared with previous guidance of 2.93 billion euros, or 9.45 euros adjusted EPS. The company also provided