Financial Update – Ferrari N.V.
Share‑Buyback Programme
On 10 November 2025 Ferrari N.V. announced the purchase of a tranche of shares under its Euro 360 million share‑buyback programme, originally announced on 31 July 2025. The transaction represents the eighth tranche of a multi‑year plan that is expected to reach a total of approximately Euro 2 billion by 2026. The buyback is executed in line with the disclosures made during the 2022 Capital Markets Day.
Market Reaction and Analyst Sentiment
- Stock Performance – The Ferrari share (ticker: RACE) closed at €364.10 on 10 November 2025, the highest level since 8 October.
- Analyst Coverage – The majority of analysts reviewed the company’s latest results and issued positive recommendations. They cited robust earnings, a full order book, and a confirmed annual forecast. The average analyst target price has risen, indicating perceived upside potential for the luxury‑automotive manufacturer.
- Price‑Earnings Ratio – At the time of reporting, Ferrari’s P/E ratio stood at 40.9.
Company Context
Ferrari N.V. operates in the consumer discretionary sector, specialising in the design and manufacture of sports cars. Its business extends beyond vehicle sales to include warranty programmes, financial support, maintenance services, and a range of branded accessories. The company is listed on the Borsa Italiana Electronic Share Market and trades under the currency EUR. As of 10 November 2025 its market capitalisation was €64.7 billion.
The share‑buyback and positive analyst outlook suggest that Ferrari’s management is confident in the company’s ability to sustain growth and create shareholder value in the coming years.
