Ferrari up 4%, analysts highlight 'encouraging' messages on Q1 performance

Ferrari NV

30/03/2026 14:32

** Shares in Ferrari RACE.MI gain 4% after analysts highlight "encouraging" messages on Q1 performance from the Italian luxury carmaker

** Bernstein says Ferrari has offset the revenue and margin impact of having to halt nearly all shipments to the Gulf region by bringing forward some deliveries to the U.S., originally scheduled for the second quarter

** "This means that Q1 revenues may well exceed our 1.87 billion euros ($2.15 billion) estimate", Bernstein notes

** J.P. Morgan forecasts revenue at $1.8 billion in Q1, noting it expects "a solid quarter ahead, confirming full-year guidance"

** Shares are on track for the best day since February 24, before the start of the war in Iran

** "Along with other luxury stocks, Ferrari’s stock price has been hit hard by the Gulf hostilities, falling by 16% between the close on 27 February to the close on 27 March", Bernstein adds

($1 = 0.8710 euros)

 (Reporting by Anna Uras)

 ((Anna.Uras@thomsonreuters.com))