Why did Ferrari stock jump today?

The company beat Q4 expectations with EBITDA of €700 million, ahead of the €662 million consensus. Management also set a stronger 2026 target, guiding EBITDA above €2.93 billion and a margin of at least 39%. That mix of near-term beat and medium-term clarity sparked a roughly 9–10% rally in Milan.

What does Ferrari 2026 guidance include?

Management targets 2026 EBITDA above €2.93 billion with a margin of at least 39%. Analysts think model cadence, personalization, and F1 sponsorship income are key supports. Investors will track orders, pricing, and delivery timing to judge if Ferrari stays on that path through 2025 and 2026.

Is Ferrari stock expensive after the rally?

Ferrari trades at premium levels, with a TTM P/E near 34x and EV/EBITDA around 20x. These multiples imply high execution expectations. If the company delivers on its 2026 plan, the valuation can normalize on earnings growth. If demand softens, the premium could compress.

What should German investors watch next?

Focus on order intake, deposit trends for new models, and any updates tied to F1 sponsorship revenues. Monitor the margin bridge, free cash flow, and capital returns. Also track currency effects and pricing discipline. These factors will show if Ferrari stock can sustain guidance momentum through 2026.

Global Market Insights

RACE Stock Today: February 11 – Q4 Beat, 2026 EBITDA > EUR 2.93B

ByDanny Kontos February 11, 2026February 11, 2026

Ferrari stock surged on 11 February after a clear Q4 beat and a stronger outlook. Milan-listed RACE rose about 9–10% as EBITDA reached €700 million versus €662 million expected. Management guided 2026 EBITDA to above €2.93 billion with a margin of at least 39%. For German investors, the move confirms resilient pricing and brand income support. Analysts at Jefferies and RBC called the outlook better than feared, with Formula 1 sponsorship and new models seen as key profit drivers this year. Ferrari stock now faces the test of execution.