PRESS-RELEASE ·Filed Sep 1, 2026

RACE

Ferrari N.V.
NEUTRAL
Impact 3/10
Horizonweeks Processed1mo ago WireGlobeNewswire
Press release: announcement
Actionable Insight • Neutral

The buyback continuation is neutral for near-term trading as it was pre-announced and follows a predictable cadence. Monitor the pace of repurchases under the third tranche for any acceleration, but no material stock-moving catalyst is present.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
RACE ▼ -4.23% at T+20d
NEUTRAL call ✗ call lost -4.23% · α vs SPY -4.55% · entry $410.21 → $392.85
Next anchor: T+60d in 8w
Entry anchored
Sep 1, 12:41 PM ET
via 1-min bar
T+1d
+0.74%
call +0.74% · α +0.29%
$413.23
settled 4w ago
T+5d
-1.92%
call -1.92% · α -2.00%
$402.33
settled 23d ago
T+20d
-4.23%
call -4.23% · α -4.55%
$392.85
settled 2d ago
T+60d
—
call — · α —
—
in 8w

Price Chart

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Executive Summary

Ferrari completed the second tranche of its €3.5B multi-year buyback program, repurchasing €250M in shares, and immediately launched a third tranche of up to €250M. The buyback signals strong capital return commitment but is a routine capital allocation update with no new financial results or guidance.

Key Financial Metrics

Deal Value
$250.0M

Key Facts

  • Completed second tranche of €250M buyback, purchasing 655,884 shares on EXM and 159,855 on NYSE
  • Launched third tranche of up to €250M starting September 2, 2026, expected to end by December 16, 2026
  • Third tranche includes €200M non-discretionary agreement on EXM and €50M mandate on NYSE
  • Since January 5, 2026, Ferrari has purchased 1,701,184 shares for total consideration of €510.8M
  • Treasury shares held as of August 28, 2026: 1,590,804 common shares (0.90% of total issued), 0.68% including special voting shares

Financial Impact

€250M third tranche buyback, cumulative €510.8M spent since January 2026 under €3.5B program

share counttreasury sharescapital return

Risk Factors

  • Buyback may be paused or adjusted if market conditions deteriorate
  • No new financial guidance or operational update provided

Market Snapshot

Exchange
NYSE
Sector
Motor Vehicles & Passenger Car Bodies
Analyst Consensus
81% bullish (26 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3354482
50 reports for RACE
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for RACE — sortable, filterable
TypeNow
Sep 14, 2026
18d ago
Press Release
NEUTRAL ★ 4/10
$409.08 $416.13▲ +1.72%▲ +1.62%$388.33 (−5.07%)
Sep 8, 2026
24d ago
6-K
NEUTRAL ★ 2/10
$405.94 $406.92▲ +0.24%▲ +1.36%$388.33 (−4.34%)
Sep 1, 2026
4w ago
6-K
NEUTRAL ★ 3/10
$410.21 $402.33▼ −1.92%▼ −2.00%$388.33 (−5.33%)
Sep 1, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$410.21 $402.33▼ −1.92%▼ −2.00%$388.33 (−5.33%)
Jul 31, 2026
9w ago
6-K
NEUTRAL ★ 2/10
$393.87 $412.26▲ +4.67%▲ +1.16%$388.33 (−1.41%)
Jul 30, 2026
9w ago
6-K
BULLISH ★ 7/10
$397.73 $407.28▲ +2.40%▼ −1.22%$388.33 (−2.36%)
Jul 27, 2026
9w ago
6-K
NEUTRAL ★ 2/10
$380.01 $393.87▲ +3.65%▲ +2.57%$388.33 (+2.19%)
Jul 27, 2026
9w ago
Press Release
NEUTRAL ★ 2/10
$380.01 $393.87▲ +3.65%▲ +2.57%$388.33 (+2.19%)
Jul 20, 2026
10w ago
6-K
NEUTRAL ★ 2/10
$371.52 $360.14▼ −3.06%▼ −2.64%$388.33 (+4.52%)
Jul 15, 2026
11w ago
6-K
NEUTRAL ★ 2/10
$375.74 $371.61▼ −1.10%▼ −0.12%$388.33 (+3.35%)
Showing 10 of 50

US Market Status

Market Closed — Opens Mon (39h 23m)

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Report published Sep 1, 2026