Forbes
Ferrari shares whipsaw on soft Q1 guidance before recovering, but electric Luce debut next month is the big test
Executive Summary
Summary: Ferrari’s first-quarter earnings showed EBITDA up 4% to €722 million and revenue up 3% to €1.85 billion, driven by higher personalization demand and premium model sales. However, management’s cautious tone triggered a 4% share price drop before recovery. Analysts at Berenberg Bank consider the 2026 guidance achievable, expecting the company to offset tariffs through price increases. An upcoming electric sports car launch priced at $600,000 will test market appetite for a silent Ferrari alternative.
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Ferrari shares whipsaw on soft Q1 guidance before recovering, but electric Luce debut next month is the big test