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Ferrari ( (IT:RACE) ) has provided an update.
On November 3, 2025, Ferrari N.V. announced the completion of the eighth tranche of its multi-year share buyback program, which aims to repurchase approximately Euro 2 billion worth of shares by 2026. As part of this tranche, Ferrari purchased 59,050 common shares on the Euronext Milan, investing a total of Euro 20,368,428.29. Since the program’s inception in 2022, the company has acquired 5,689,232 shares, reflecting a significant commitment to enhancing shareholder value and maintaining strategic financial flexibility.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR475.00 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 producing high-performance vehicles and has a strong presence in the automotive industry, focusing on innovation and exclusivity.
YTD Price Performance: -15.32%
Average Trading Volume: 492,424
Technical Sentiment Signal: Hold
Current Market Cap: €81.92B
See more insights into RACE stock on TipRanks’ Stock Analysis page.