Ferrari Exceeds Q3 Earnings Forecasts, Revenues Surge 7%

Ferrari posted stronger-than-expected third-quarter results with net profit hitting €382 million ($439.5 million), beating analyst forecasts of €367.3 million. The luxury carmaker delivered 3,401 vehicles while revenue jumped 7.4% to €1.77 billion compared to the same period last year.

CEO Benedetto Vigna said the company continues moving forward with confidence and a clear vision for development. He pointed to Ferrari's recent capital markets day presentation, where management outlined a long-term strategy for sustainable growth through 2030.

The Italian automaker confirmed its upgraded profit expectations for 2025, which were raised during the October 9 capital markets event. Ferrari expects net revenue of at least €7.1 billion this year, driven by a stronger product mix and more customization options. The company also anticipates lower industrial costs than previously expected in the second half of 2025.

These results come shortly after Ferrari experienced its worst trading day since going public on the Milan stock exchange in 2016. Shares plummeted 15.4% on October 9 after the company's 2030 outlook fell short of analyst expectations.

The contrast highlights the challenge Ferrari faces in balancing strong current performance with investor appetite for aggressive long-term growth targets. While the company delivered solid quarterly numbers, markets remain focused on whether Ferrari can maintain its premium positioning while scaling production over the next decade.