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Ferrari ( (IT:RACE) ) has shared an update.
On July 31, 2025, Ferrari announced the continuation of its multi-year share buyback program with an eighth tranche valued at up to Euro 360 million, set to commence on August 22, 2025. This tranche is part of a Euro 2 billion program initiated in 2022. The buyback will be executed in two parts: up to Euro 280 million on the Euronext Milan and up to Euro 80 million on the New York Stock Exchange. This strategic move is expected to enhance shareholder value and reflects Ferrari’s confidence in its financial stability and market positioning.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR575.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari is a leading luxury brand known for its racing, sports cars, and lifestyle products. The company is synonymous with exclusivity, innovation, and performance, with a strong heritage in Formula 1 racing. Based in Maranello, Italy, Ferrari designs and produces iconic luxury sports cars sold in over 60 markets worldwide, and also offers a range of personal luxury goods and experiences.
Average Trading Volume: 267,998
Technical Sentiment Signal: Strong Buy
Current Market Cap: €104B
See more data about RACE stock on TipRanks’ Stock Analysis page.