Ferrari raised its full-year adjusted earnings before interest, taxes, depreciation and amortization forecast to at least 2.93 billion euros for 2026, beating analyst expectations of 2.91 billion euros. The luxury automaker reported fourth-quarter core income of 700 million euros on revenue of 1.8 billion euros, both exceeding Wall Street projections.

U.S.-listed shares surged more than 6% in premarket trading following the announcement. The Italian company's strong quarterly performance and optimistic annual outlook reflect continued demand for its high-end sports cars despite broader economic uncertainties.

Ferrari's earnings beat and raised guidance signal robust demand in the luxury automotive sector, with the company maintaining its position as a premium brand in the competitive sports car market. The positive results come as investors closely watch earnings across the sector for signs of consumer spending strength.