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

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.

Q4 outperformance and immediate market reaction

Ferrari delivered Q4 EBITDA of €700 million, beating the €662 million consensus by roughly €38 million. The upside points to solid mix and brand income resilience, which supported margins into year‑end. Shares rallied around 9–10% in Milan after the results, signaling renewed confidence among European investors who follow Ferrari stock. See reporting for context at Onvista.

The beat likely reflects strong pricing power, a disciplined allocation strategy, and high-margin activities such as personalization and sponsorship income. Management and analysts also pointed to motorsport visibility that keeps order books healthy. For Ferrari stock, the combination of limited supply, curated launches, and robust brand demand continues to buffer macro noise and supports earnings quality into 2025.

2026 guidance raises the bar

Management guided 2026 EBITDA to above €2.93 billion, with a margin of at least 39%. This sets a clear profitability floor and implies ongoing operating leverage if demand and pricing hold. The firmer target helps explain why Ferrari stock jumped, as investors recalibrated medium-term assumptions. Coverage highlighted the stronger outlook at n‑tv.

Key supports include a steady new-model cadence, high levels of customization, and brand monetization from Formula 1 sponsorships. Analysts flagged that these areas can sustain mix and price. For Ferrari 2026 guidance to stick, investors will track order intake, delivery timing, and cost discipline. If achieved, Ferrari stock gains better visibility on cash generation and margins.

Street views and positioning

Jefferies and RBC framed the release as better than feared, noting that guidance and brand-led revenues underpin earnings momentum. They also pointed to sponsorship and new products as near-term tailwinds. That narrative fits with the market reaction, where Ferrari shares rally on stronger confidence in execution and durability. For German investors, sentiment support can matter as much as the absolute numbers.

Across published data, analysts show 16 Buy, 2 Hold, and 1 Sell ratings, with a broad Buy-leaning stance. A separate composite score marks the company at B with a Neutral tilt. Risks include softer luxury demand, FX, and launch timing. We think Ferrari stock needs steady orders and stable pricing to defend today’s premium.

Technical picture and valuation context

Technical signals improved after the pop. RSI sits near 43.5, MACD histogram turned positive at about 0.77, and ADX around 22.8 suggests a developing trend rather than a strong one. Traders watching Ferrari stock may look for follow‑through above recent moving averages and whether volatility cools after the gap. A constructive consolidation would add confidence.

Valuation remains premium. TTM P/E is about 34.2x, and EV/EBITDA is roughly 20.3x. Returns are strong, with ROE near 44.4%, interest coverage around 46.7x, and debt-to-equity close to 0.76. The setup argues that execution on the 2026 plan is key. If delivery holds, Ferrari stock can grow into these multiples.

Final Thoughts

Ferrari stock rallied because the company beat Q4 expectations and raised confidence with 2026 EBITDA above €2.93 billion and a margin floor of at least 39%. For German investors, the key question is execution. We will watch order intake, delivery timing, and the margin bridge from pricing, mix, and brand income such as F1 sponsorships. On the numbers, Ferrari still trades at premium multiples, which the firm can justify with high returns and steady cash generation. Near term, look for stable spreads, healthy deposits on launches, and any updates on model cadence. Medium term, delivery on the 2026 target would de‑risk valuation and support the case for holding or adding on dips. As always, consider risk tolerance and diversification.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.