Ferrari is trading at $432.03, up +4.15%, after its November 3 results beat third-quarter profit expectations and it raised 2026 guidance.
- Adjusted EBITDA rose 12% to €753 million, versus €739 million expected.
- Ferrari raised its 2026 adjusted EBITDA target to at least €3.00 billion from €2.97 billion, citing stronger customer personalizations and lower currency headwinds.
- Broader markets were also higher, supporting sentiment.