Ferrari stock gains on buyback progress and strong results
Published on 09/09/2026 at 23:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ferrari stock (ISIN NL0011585146) traded at USD 405.54 on September 9, 2026, with MarketBeat reporting a 1.1 percent decline and a market capitalization of USD 94.88 billion. The same update said Ferrari had a 52-week range of USD 312.51 to USD 504.49 and that the stock opened at USD 405.54.
Buyback stays active
Ferrari reported on September 7, 2026 that it had bought 35,641 shares between September 2 and 4, 2026 for about EUR 12.68 million, according to The Globe and Mail. It also said Ferrari used both Euronext Milan and the NYSE, and held 1,626,445 treasury shares as of September 4, 2026, equal to 0.92 percent of issued common shares.
Across the full EUR 3.5 billion program launched in January 2026, Ferrari has repurchased 1,736,825 shares for EUR 523.44 million, a scale that makes capital return a central part of the investment case.
July 31 numbers matter
On July 31, 2026, Ferrari reported quarterly EPS of USD 2.99 and revenue of USD 2.21 billion, according to MarketBeat. Revenue was up 8.4 percent year over year, while EPS beat the consensus estimate of USD 2.83 by USD 0.16.
The same source said Ferrari posted a net margin of 22.29 percent and return on equity of 42.83 percent. For investors, the combination of a 22.29 percent margin and a 42.83 percent return on equity explains why the buyback remains closely watched.
Analysts stay constructive
According to The Globe and Mail, the most recent analyst rating on Ferrari stock is a Buy with a EUR 460.00 price target. MarketBeat said the broader analyst view is Moderate Buy with an average target of USD 477.15, a level that sits above the USD 405.54 opening price cited in the same update.
Price holds the range
Ferrari stock was trading at USD 405.54 on September 9, 2026, still between its USD 312.51 52-week low and USD 504.49 52-week high. The company remained valued at USD 94.88 billion on the same date, with the market still balancing buyback support against the next earnings catalyst.
Ferrari stock facts
- Company: Ferrari N.V.
- ISIN: NL0011585146
- Ticker: RACE
- Trading venue: NYSE
- Price (as of September 9, 2026): USD 405.54
- Market capitalization: USD 94.88 billion (as of September 9, 2026)
- Sector / Industry: Consumer Discretionary / Automobile Manufacturers
- Index membership: not substantiated in the available sources
