Ferrari stock jumps on earnings beat as ‘Luce’ EV timeline comes into focus
Ferrari shares jumped 8.6% to $364.92 in New York after the company reported better-than-expected fourth-quarter results and raised 2026 targets. The automaker said its order book extends to late 2027 and will open pre-orders for its first fully electric model, the “Luce,” in March, ahead of a May 25 debut in Rome. Full-year 2025 net revenues rose 7% to 7.146 billion euros. Shipments dipped to 13,640 vehicles.