Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ferrari ( (IT:RACE) ) has issued an announcement.
On September 1, 2025, Ferrari N.V. announced the completion of the eighth tranche of its multi-year share buyback program, initially disclosed during the 2022 Capital Markets Day. This tranche, part of a larger Euro 2 billion program expected to conclude by 2026, saw the purchase of 67,466 common shares for a total of approximately Euro 27.4 million. The buyback program is a strategic move to enhance shareholder value and optimize capital structure, reflecting Ferrari’s robust financial health and commitment to returning value to its investors.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR520.00 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 renowned luxury sports car manufacturer based in Maranello, Italy. The company is known for its high-performance vehicles and has a significant presence in the global automotive market, focusing on premium and exclusive car models.
Average Trading Volume: 297,914
Technical Sentiment Signal: Buy
Current Market Cap: €96.15B
Find detailed analytics on RACE stock on TipRanks’ Stock Analysis page.