Ferrari stock gains as buyback program expands and valuation debate grows

Published on 09/16/2026 at 15:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrari stock closed at USD 409.79 on the NYSE on September 15, 2026, up 0.69 percent and within sight of its 1-year high. Recent buyback activity and a consensus target price of USD 478.79 highlight both support and upside potential for investors.

Aquarell-Illustration: Roter Sportwagen auf kurvenreicher Straße, italienische Hügellandschaft, Ferrari N.V — Ferrari N.V. NL0011585146: Aquarell eines roten Sportwagens auf gewundener Straße durch toskanische Hügel, Illustration mit AI erstellt.

Ferrari stock (ISIN NL0011585146) closed at USD 409.79 on the New York Stock Exchange on September 15, 2026, up 0.69 percent from the prior session, keeping the shares within a moderate distance of their 1-year high of USD 504.49 as of mid-September 2026.

Buybacks underpin Ferrari shares

According to Ad-hoc-news on September 16, 2026, Ferrari reported that it repurchased 42,707 shares between September 7 and September 11, 2026 under the third tranche of its EUR 250 million buyback program, for a total consideration of EUR 15,016,756.32.

The same update stated that since January 5, 2026 Ferrari has bought back 1,779,532 shares for a total of EUR 538,452,100.59, and held 1,669,152 treasury shares as of September 11, 2026, illustrating a sustained capital return effort that reduces the free float over time and can support earnings per share.

Valuation and analyst targets

Ferrari is listed in New York under the ticker RACE, with the shares opening at USD 406.60 on September 16, 2026 and trading in a 1-year range between a low of USD 312.51 and a high of USD 504.49, according to MarketBeat on September 16, 2026.

As that overview reports, the consensus analyst recommendation on Ferrari currently stands at Moderate Buy, with a consensus target price of USD 478.79, implying a potential upside of around 16.8 percent from the USD 409.79 close on September 15, 2026 if the average target were reached.

Institutional positioning and price performance

According to MarketBeat on September 16, 2026, HSBC Holdings PLC reduced its holdings in Ferrari by 75.2 percent in the second quarter of 2026, ending the period with 970 shares after selling 2,939 shares, while several smaller investors modestly increased their positions earlier in the year.

A separate analysis on September 16, 2026 noted that Ferrari shares traded at EUR 352.70 on Borsa Italiana, with a 90-day share price return of 13.52 percent but a 1-year total shareholder return down 12.16 percent, reflecting a recent rebound after a weaker longer-term performance, as discussed by Simply Wall St.

Short-term trading backdrop

Market data from a major portal show that Ferrari stock closed at USD 409.79 on the NYSE on September 15, 2026, with an increase of 2.81 dollars or 0.69 percent on the day, and the session acting as a continuation of the stock’s recovery trend after prior volatility in European trading.

In Milan trading on September 16, 2026, Ferrari shares were reported to be down 0.9 percent and lagging some peers in the FTSE MIB, according to Tuttosport, which highlights that the share’s short-term moves continue to be influenced by broader index and sector sentiment as well as company-specific news.

Ferrari stock level and market context

As of the close on September 15, 2026, Ferrari stock traded at USD 409.79 on the NYSE, with the price sitting between the 1-year low of USD 312.51 and the 1-year high of USD 504.49, a range that investors can use to gauge the current positioning of the shares within their recent history.