shares down 5.4% | EUROtoday

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The conflict in Iran is slowing down Ferrari deliveries within the Middle East space. The Maranello firm itself introduced this yesterday: «We are rigorously following the developments within the Middle East and the attainable impression on our enterprise. At the second, some deliveries in that space are quickly suspended, whereas we proceed to handle some deliveries by air”, they said.

The slowdown in deliveries

In the face of the conflict against Iran started by the United States and Israel on February 28, deliveries in the Middle Eastern area carried out by sea and land have suffered repercussions, while deliveries that can be completed by air are continuing. In 2025, Ferrari delivered a total of 13,640 cars, of which 6,346 in the entire EMEA area, i.e. Europe, the Middle East and Africa, without specific details on deliveries in the three territories.

More than 20 billion burned in one year

The confirmation of a slowdown in that area had immediate repercussions on the stock market. The group’s shares, on a difficult day for the stock markets, dropped 5.4% to a reference price of 274.1 euros. In recent months, the Rossa’s stock market capitalization has seen a significant reduction. Just a year ago, when Exor placed 4%, collecting 3 billion euros, the group’s market capitalization was equal to 76 billion euros. Today Ferrari’s stock market value has fallen below 54 billion. So in 12 months more than 20 billion in value was burned with prices losing over 30%.

The plan and review of assessments

The drop in prices for the Rossa was particularly accentuated, especially after the presentation of the industrial plan by the CEO Benedetto Vigna, which took place last October. A plan perhaps judged too prudent by a market accustomed to aggressive estimates. However, among professionals, many believe that a review of the evaluation parameters, which were too generous in the past, is underway.

On the event of the communication of the monetary assertion knowledge, which came about just a few weeks in the past, the group up to date the plan steerage. In element, Ferrari expects revenues of seven.5 billion euros, with a diluted revenue per share equal to or larger than 9.45 euros. Ebitda is anticipated at 2.93 billion euros, with a margin of 39%. As regards Ebit, Ferrari estimates that on the finish of 2026 will probably be equal to 2.22 billion euros, with a margin of 29.5%. Free money circulate from industrial actions is anticipated to be consistent with that of 2025, equal to or larger than 1.5 billion euros.