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Ferrari ( (IT:RACE) ) has shared an announcement.
On October 6, 2025, Ferrari N.V. announced the completion of the eighth tranche of its extensive share buyback program, initially introduced on July 31, 2025. This tranche involved purchasing additional common shares on the Euronext Milan, totaling 28,100 shares at an average price of €414.75 per share, amounting to €11.65 million. Since the inception of the multi-year buyback initiative in 2022, Ferrari has acquired over 5.35 million shares across EXM and NYSE, with a total investment of approximately €1.78 billion. This strategic move is part of Ferrari’s efforts to enhance shareholder value and optimize capital structure, reflecting its robust financial position and commitment to long-term growth.
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 prominent player in the luxury automotive industry, known for its high-performance sports cars and racing vehicles. The company focuses on delivering exclusive and innovative automotive experiences, catering to a global market with a strong emphasis on brand prestige and performance excellence.
YTD Price Performance: 4.32%
Average Trading Volume: 322,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: €100.9B
See more data about RACE stock on TipRanks’ Stock Analysis page.