Ferrari stock fell 1.27 percent as buyback expanded

Published on 10/06/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock was last at USD 383.40 on October 5, 2026, while the company bought 73,534 shares for EUR 25,637,923.83. Q2 revenue rose 8 percent.

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Ferrari stock (ISIN NL0011585146) was last at USD 383.40 on the NYSE on October 5, 2026 at 4:00 p.m. ET, down 1.27 percent from the prior close. The company gave investors a fresh capital-return signal as GlobeNewswire reported Ferrari's October 5, 2026 buyback update.

EUR 25.6 million returns to shareholders

Ferrari purchased 73,534 common shares between September 28 and October 2, 2026, spending EUR 25,637,923.83 at an average price of EUR 348.6540 per share, according to GlobeNewswire. The purchases covered both Euronext Milan and the NYSE under a EUR 250 million third tranche.

The program had bought 1,989,307 common shares for EUR 612,950,841.72 from January 5 through October 2, 2026. Ferrari held 1,878,927 shares in treasury on October 2, equal to 1.06 percent of issued common shares after equity incentive plan assignments, according to the same company release.

Q2 revenue rose 8 percent

Ferrari's latest reported quarter also showed pricing and mix power. Second-quarter 2026 net revenue reached EUR 1.938 billion, up 8 percent year over year, while EBIT rose to EUR 605 million and net profit reached EUR 463 million, as reported by Investing.com. The EBIT result was 6 percent above Visible Alpha consensus, and industrial free cash flow reached EUR 276 million.

That combination matters because the reported growth came alongside Ferrari's controlled-volume strategy rather than a large unit expansion. The company also raised full-year 2026 net revenue guidance to EUR 7.60 billion from EUR 7.50 billion after stronger personalization demand and lower currency headwinds, according to Investing.com.

Analysts keep a premium valuation

Morgan Stanley lowered its Ferrari target to USD 456 from USD 460 on September 30, 2026, while retaining an Overweight rating, according to Investing.com. The bank expects third-quarter shipments to decline 1.5 percent year over year, making volume trends a counter-factor to Ferrari's pricing and personalization gains.

MarketScreener lists a Buy consensus from 19 analysts, with an average target of EUR 388.39, a high target of EUR 430.40 and a low target of EUR 330.00. The consensus figures are stated in euros, while the NYSE reference price is in US dollars.

Ferrari stock stays below its yearly high

Ferrari stock was last at USD 383.40 on the NYSE on October 5, 2026, with a market capitalization of USD 67.4 billion and volume of 588,585 shares. Its 52-week range was USD 312.51 to USD 495, placing the latest price USD 111.60 below the yearly high.