Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ferrari ( (IT:RACE) ) has issued an announcement.
On October 13, 2025, Ferrari N.V. announced the completion of the eighth tranche of its multi-year share buyback program, initially disclosed during the 2022 Capital Markets Day. This tranche, part of a larger Euro 2 billion buyback initiative, involved the purchase of 101,500 common shares on the Euronext Milan between October 6 and October 10, 2025, for a total consideration of approximately Euro 38.8 million. As of October 10, 2025, Ferrari held 8.31% of its total issued common shares in treasury, reflecting a strategic move to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR425.00 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 its high-performance vehicles and has a significant presence in the global automotive industry, focusing on the production of premium sports cars.
Average Trading Volume: 445,063
Technical Sentiment Signal: Hold
Current Market Cap: €81.38B
Learn more about RACE stock on TipRanks’ Stock Analysis page.