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Ferrari ( (IT:RACE) ) has shared an update.
On January 26, 2026, Ferrari reported the latest progress in its €250 million share buyback program, which forms the first tranche of a planned €3.5 billion multi-year repurchase initiative to be executed by 2030. Between January 19 and January 23, 2026, the company repurchased 54,200 common shares on Euronext Milan for a total consideration of about €15.68 million, at an average price of €289.28 per share, bringing total purchases since the start of the multi-year program on January 5, 2026 to 138,700 shares for €42.26 million across Euronext Milan and the NYSE. As of January 23, 2026, Ferrari held 16,783,306 common shares in treasury, representing 8.65% of its issued common shares (9.12% including special voting shares), underscoring a significant ongoing capital return effort that tightens the free float and may support earnings per share and shareholder value over time.
The most recent analyst rating on (IT:RACE) stock is a Hold with a EUR307.00 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 headquartered in Maranello, Italy, best known for producing high-performance sports cars and grand tourers. Listed on both the New York Stock Exchange and Euronext Milan under the ticker RACE, the company targets the global premium and ultra-luxury car market and actively manages its capital structure through share buyback programs and equity incentive plans.
YTD Price Performance: -10.79%
Average Trading Volume: 515,940
Technical Sentiment Signal: Sell
Current Market Cap: €67.22B
See more data about RACE stock on TipRanks’ Stock Analysis page.