Ferrari announces November 3 results: Buy rating and EUR 450 target for Ferrari stock
Published on 10/23/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital return and reporting date
- Ferrari will release third-quarter 2026 results on November 3, 2026.
- The company repurchased 43,000 common shares from October 5 through October 9, 2026.
- Ferrari stock trades at EUR 351.33 at 10:05 a.m. CEST at Lang & Schwarz on October 23, 2026.
Ferrari (ISIN NL0011585146) was trading at EUR 351.33 at Lang & Schwarz on October 23, 2026 at 10:05 a.m. CEST. Ferrari announced on October 16 that it would release third-quarter 2026 results on November 3, while The Globe and Mail listed a Buy rating and a EUR 450.00 price target for the stock.
Buyback reaches EUR 14.8 million
Ferrari's capital-return program supplied the clearest operating backdrop before the results date. According to a filed report carried by StockTitan, Ferrari repurchased 43,000 common shares from October 5 through October 9, 2026, for EUR 14,795,399.65. The purchases formed part of a EUR 250 million third tranche within a multiyear EUR 3.5 billion program.
What does the buyback mean for earnings?
The scale gives the November 3 report a direct capital-allocation angle. Ferrari had purchased 2,032,307 own common shares for EUR 627,746,241.37 since January 5, 2026, and held 1.08 percent of issued common shares in treasury as of October 9, 2026, according to StockTitan. Those figures frame the results around both operating performance and the effect of repurchases on per-share metrics.
Three dates define the setup
On October 5, 2026, Ferrari's purchases began the reported five-day buyback period; on October 9, the period ended with 43,000 shares acquired; and on October 16, Ferrari announced the November 3 results date, according to GlobeNewswire.
November 3 is the next test
Ferrari's next scheduled reporting date is November 3, 2026. The company said the webcast and conference call will begin at 3:00 p.m. CET, giving investors a defined date for reviewing third-quarter revenue, earnings and capital allocation.
Stock quote stays in focus
The euro quote puts Ferrari below the EUR 450.00 target cited by The Globe and Mail, although the target's source and timing require separate assessment from the scheduled company event. Ferrari was trading at EUR 351.33 at Lang & Schwarz on October 23, 2026 at 10:05 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Ferrari stock.
Ferrari stock facts
- Company: Ferrari N.V.
- ISIN: NL0011585146
- Ticker: RACE
- Primary exchange: NYSE and Euronext Milan
- Price Lang & Schwarz (as of October 23, 2026, 10:05 a.m. CEST): EUR 351.33
- Sector / Industry: Consumer Cyclical / Auto Manufacturers
Market context: Market report S&P 500.
