Ferrari Updates Investors on Progress of €3.5 Billion Share Buyback Program

Ferrari ( (IT:RACE) ) has issued an update.

On February 16, 2026, Ferrari reported progress on the €250 million first tranche of its multi‑year €3.5 billion share buyback program, initiated on January 5, 2026. Between February 9 and 13, 2026, the company repurchased 30,293 shares on Euronext Milan for about €9.24 million at an average price of €304.88 per share.

Ferrari stated that, since the first tranche was announced on December 16, 2025, it has invested €81.98 million to buy 276,643 common shares across EXM and NYSE. As of February 13, 2026, it held 16,921,249 treasury shares, equal to 8.73% of issued common shares and 9.18% of total share capital including special voting shares, underscoring an active capital‑return strategy that can support earnings per share and signal confidence to investors.

The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR381.00 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 an Italian luxury sports car manufacturer listed on the NYSE and Euronext Milan under the ticker RACE. The company focuses on high‑performance road cars, racing activities, and related brand extensions, targeting the global ultra‑luxury and performance automotive market.

Average Trading Volume: 558,670

Technical Sentiment Signal: Hold

Current Market Cap: €76.2B

See more data about RACE stock on TipRanks’ Stock Analysis page.