Ferrari Expands Treasury Stock with Ongoing €3.5 Billion Buyback Drive

An announcement from Ferrari ( (IT:RACE) ) is now available.

Between March 2 and March 6, 2026, Ferrari continued executing the first €250 million tranche of its multi-year €3.5 billion share buyback program, repurchasing 77,245 common shares across Euronext Milan and the New York Stock Exchange for about €23.7 million. Since the First Tranche was announced on December 16, 2025, total invested consideration has reached roughly €125.1 million for 415,638 shares, lifting treasury holdings to 17,060,244 common shares, or 8.80% of issued common stock (9.23% of total share capital including special voting shares), underscoring Ferrari’s ongoing capital return strategy and balance-sheet strength.

The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR410.00 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 its high-performance sports cars and racing heritage. The company targets the global premium and ultra-luxury vehicle market, and its shares are listed on both Euronext Milan and the New York Stock Exchange under the ticker RACE.

YTD Price Performance: -5.37%

Average Trading Volume: 590,769

Technical Sentiment Signal: Sell

Current Market Cap: €71.31B

For a thorough assessment of RACE stock, go to TipRanks’ Stock Analysis page.