Ferrari’s Confident Outlook Eases Fears Over Supercar Demand (3)

Ferrari NV issued new targets for 2026 that reassured investors about the supercar maker’s ability to sustain growth and margins through geopolitical turbulence and a major product transition.

The shares surged as much as 11% after the luxury Italian carmaker reported revenue and profit that beat analysts’ expectations, and said earnings this year will come in higher than estimates.

The results point to easing concerns over the impact of tariffs, the falling US dollar and volatility in regional demand. Investor confidence was shaken in October when the company issued a disappointing long-term outlook, while tax changes in the UK have ...