Ferrari stock trades at USD 411.82 after Q2 guidance raise

Published on 09/25/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock stood at USD 411.82 on September 24, 2026, after its latest quarterly update. Q2 revenue rose 8 percent to EUR 1.94 billion, while Morgan Stanley lifted its target.

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Ferrari stock (ISIN NL0011585146) stood at USD 411.82 on the NYSE on September 24, 2026, down 0.30 percent from the previous close. The latest operating update delivered EUR 1.94 billion in second-quarter revenue and prompted Ferrari to raise its full-year guidance.

Q2 revenue reaches EUR 1.94 billion

According to Yahoo Finance on September 16, 2026, Ferrari reported Q2 2026 revenue of EUR 1.94 billion, up 8 percent including currency effects and 11 percent at constant exchange rates.

The same update showed EBIT of EUR 605 million and an EBIT margin of 31.2 percent. The finance figures place quarterly operating profit at USD 605.06 million and diluted earnings per share at USD 2.62 for Q2 2026, with the reporting currency distinction preserved between the company report and the standardized market data.

Personalization lifts the guidance

Ferrari management attributed the improvement to product mix and personalization, which exceeded 20 percent of cars and spare-parts revenue in Q2 2026. The company also said its order book covered the entire 2027 production year, while several model families were sold out for their production runs.

The comparison matters because shipments were deliberately managed during a model changeover. Ferrari's second-quarter revenue increased 8 percent even as the business balanced launches of the Amalfi, 849 Testarossa and 296 Speciale against phase-outs of older models.

Morgan Stanley raises its target

As MarketScreener reported on September 11, 2026, Morgan Stanley raised its Ferrari price target to EUR 395 from EUR 388 and kept an overweight rating. The report also lifted its 2027 and 2028 earnings-per-share estimates to EUR 11.08 and EUR 12.22, respectively.

Buybacks provide a separate capital-allocation signal. MarketScreener reported on September 21, 2026, that Ferrari bought 19,617 shares on the NYSE at an average price of USD 407.7755, for a total consideration of USD 8.0 million.

Ferrari stock stays near USD 412

Ferrari stock stood at USD 411.82 on the NYSE on September 24, 2026, with a market capitalization of USD 72,445,739,886 and volume of 345,215 shares. Its 52-week range was USD 312.51 to USD 504.49, placing the reference price 18.36 percent below the high.