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Ferrari ( (IT:RACE) ) just unveiled an update.
On April 27, 2026, Ferrari reported progress on the €250 million second tranche of its multi-year share buyback program, part of an approximately €3.5 billion plan to be executed by 2030. Between April 20 and April 24, 2026, the company repurchased 58,000 shares on Euronext Milan at an average price of €307.52, for a total consideration of about €17.84 million.
Since the launch of this second tranche on April 10, 2026, Ferrari has invested €29.68 million to acquire 97,037 shares on Euronext Milan, advancing a capital return strategy outlined at its 2025 Capital Markets Day. As of April 24, 2026, Ferrari held 17,516,708 common shares in treasury, equal to 9.03% of issued common shares, underscoring an active balance-sheet optimization and shareholder-remuneration policy in the run-up to the planned cancellation of treasury shares approved earlier in April.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR430.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a luxury automotive manufacturer best known for its high-performance sports and racing cars, with shares listed on the NYSE and Euronext Milan under the ticker RACE. The company targets the global premium and ultra-luxury segment, combining limited-volume production with strong brand equity and an expanding base of affluent clients and collectors worldwide.
YTD Price Performance: -4.94%
Average Trading Volume: 581,806
Technical Sentiment Signal: Hold
Current Market Cap: €70.82B
Find detailed analytics on RACE stock on TipRanks’ Stock Analysis page.