Ferrari stock slips despite intensified buyback program
Published on 09/15/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ferrari stock (ISIN NL0011585146) ended the Borsa Italiana session on September 14, 2026 at EUR 352.15, a decline of about 1.1 percent from the prior close, even as the company stepped up its share buyback activity under a multi-year capital return plan.
Buyback program ramps up in September
According to Teleborsa on September 14, 2026, Ferrari bought 42,707 ordinary shares between September 7 and September 11, 2026 on Euronext Milan and the NYSE for a total consideration of EUR 15,016,756.32 at an average price of EUR 351.6228 per share as part of a EUR 250 million buyback tranche.
The EUR 250 million tranche represents the third segment of Ferrari's multi-year share repurchase program of about EUR 3.5 billion to be executed by 2030, signalling a long-term commitment to capital returns.Teleborsa
From the start of this third tranche on September 1, 2026 through September 11, 2026, Ferrari invested EUR 20,807,256.73 for 58,800 ordinary shares purchased on Euronext Milan and USD 7,999,733.07 for 19,548 ordinary shares purchased on the NYSE, illustrating that the bulk of the repurchases have been concentrated in the Italian listing so far.Teleborsa
Treasury share build-up and long-term plan
As of September 11, 2026, Ferrari held 1,669,152 ordinary shares in treasury, corresponding to about 0.71 percent of its share capital, up from lower levels earlier in the year as the buyback program progressed.Teleborsa
From the launch of the overall buyback program on January 5, 2026 through September 11, 2026, Ferrari repurchased a total of 1,779,532 shares across Euronext Milan and the NYSE for an aggregate consideration of EUR 538,452,100.59, underscoring the scale of the capital return relative to the outstanding share base.Teleborsa
Ferrari's own communication on the buyback, as reflected in a periodic report disseminated on September 14, 2026, similarly highlights the EUR 250 million tranche within the broader EUR 3.5 billion plan and confirms the timing of the purchases in early September 2026.Yahoo Finance
Stock performance on Milan and NYSE
Despite the intensified buybacks, Ferrari stock on Borsa Italiana closed at EUR 352.15 on September 14, 2026, down about 1.1 percent for the day, which Italian market commentary described as a subdued session for the Cavallino rampante.Teleborsa
On the US side, the NYSE-listed Ferrari stock, trading under the ticker RACE, closed at USD 409.08 on September 14, 2026, reflecting a daily decline of 1.14 percent, as data from a stock portal summarizing the session show.Investing.com
The same overview indicates that Ferrari's NYSE shares have a 52-week range from USD 312.51 to USD 504.49, placing the USD 409.08 close roughly in the middle of that corridor and about 31.5 percent above the 52-week low while still around 18.9 percent below the 52-week high as of September 14, 2026.Investing.com
Analyst view and valuation context
For investors, the analyst consensus offers an additional lens on the buyback-backed share performance. According to MarketBeat as of September 14, 2026, Ferrari carries an average rating score of 2.83 on a scale where higher values reflect more positive recommendations, based on 3 strong buy ratings, 9 buy ratings and 6 hold ratings with no sell ratings.
The same consensus overview cites a mean analyst price target of USD 478.79 for Ferrari stock, which represents about 17.1 percent upside relative to the USD 408.93 level highlighted in the snapshot, suggesting that the market is still priced below the aggregate expectations of covering analysts.MarketBeat
MarketBeat data also show that Ferrari shares were trading at USD 369.48 at the beginning of 2026 and have since risen to USD 408.93, marking an increase of 10.7 percent year to date and indicating that the stock has delivered a moderate positive return even before factoring in the buyback support.MarketBeat
Stock level and investor takeaway
Based on the NYSE price data, Ferrari stock closed at USD 409.08 on the primary US listing on September 14, 2026, with a daily change of minus 1.14 percent and an intraday trading range between USD 401.86 and USD 410.51, underlining that the shares are currently trading in the upper half of their 52-week band but not at extreme levels.Investing.com
Ferrari stock key data
- Company: Ferrari N.V.
- ISIN: NL0011585146
- Ticker: RACE
- Trading venue: NYSE
- Price (as of September 14, 2026): 409.08 USD
- Sector / Industry: Consumer Discretionary / Automobiles
- Index membership: S&P 500
