Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Stuttgart - Delayed Quote • EUR Ferrari NV (2FE.SG) Follow Compare 413.40 -3.30 (-0.79%) At close: March 7 at 6:47:51 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Ferrari N.v.: Completion of the Seventh Tranche of the Multi-Year Share Repurchase Program Maranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Company participated in the offering by purchasing No. 666,666 common shares for a total consideration of 299,999,700 Euro (the “Transaction”). The Transaction constituted the seventh tranche (the “Seventh Tranche”) of the multi-year share buyback program of approximately Euro 2.0 billion announced dur Ferrari price target raised to $575 from $512 at BofA BofA raised the firm’s price target on Ferrari (RACE) to $575 from $512 and keeps a Buy rating on the shares. The firm lowered its North American auto production estimate to 16.1M from 16.7M to reflect plant downtime and a material increase in Chinese imports to Mexico. Legacy OEMs delivered a strong finish to 2024, the firm adds. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read Ferrari Stake Sale Lifts Europe Block Trades to 20-Year High (Bloomberg) -- The Agnelli family’s disposal of a €3 billion ($3.14 billion) stake in Ferrari NV has propelled European block sales to the strongest start to the year in two decades.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces A Agnellis Family Sells €3 Billion Ferrari Stake to Fund M&A Deal (Bloomberg) -- The Agnelli family sold a €3 billion ($3.14 billion) stake in Ferrari NV to fund what it calls a “sizeable new acquisition” and stock buyback.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis EasesExor NV, Agnellis Sell €3 Billion Ferrari Stake, Remain Top Holder (Bloomberg) -- The Agnelli family sold a stake worth around €3 billion ($3.14 billion) in Ferrari NV, after the supercar maker’s value has risen more than 10 times since its initial public offering in the US.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Mig FERRARI PARTICIPATED AS A PURCHASER IN EXOR’S ACCELERATED BOOKBUILD OFFERING Maranello (Italy), February 27, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that, following the accelerated bookbuild offering made by Exor N.V. (“Exor”) on February 26, 2025, the Company has participated in the offering by agreeing to repurchase 666,666 common shares for a total consideration of Euro 300 million, at the same price per share determined by the offering (the “Transaction”). The Transaction is being financed by Ferrari’s cash on hand. The Transaction Agnellis cut Ferrari stake to raise 3 billion euros for new deals MILAN (Reuters) -Italy's Agnelli family cut its controlling stake in Ferrari by around 4%, raising about 3 billion euros ($3.14 billion) to fund potential new M&A deals, its holding company Exor said on Thursday. The sale will help Exor reduce concentration in its investment portfolio and provide ammunition for "a sizeable new acquisition when such an opportunity presents itself", the company said late on Wednesday launching the disposal. The majority of the proceeds of the placement will be used for a single acquisition to add to Exor's portfolio, a source close to the company said. Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor’s Accelerated Bookbuild Offering Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor’s total offering up to a maximum of Euro 300 millionThis share repurchase is to be considered as a part of Ferrari’s multi-year Euro 2.0 billion share buyback program as announced during our 2022 CMD. It will constitute the seventh tranche and it will be financed by Ferrari’s cash on handOn February 20, 2025, Ferrari completed the sixth tranche announced on Decemb Ferrari Full Year 2024 Earnings: EPS Beats Expectations Ferrari ( NYSE:RACE ) Full Year 2024 Results Key Financial Results Revenue: €6.68b (up 12% from FY 2023). Net income... OSK or RACE: Which Is the Better Value Stock Right Now? OSK vs. RACE: Which Stock Is the Better Value Option? FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F Maranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in DIVIDEND DISTRIBUTION PROPOSAL Maranello (Italy), February 20, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 2.986 per common share, with an increase of approximately 22% compared to the prior year and corresponding to a total distribution of approximately Euro 534 million. The distribution will be subject to its approval by the Annual General Meeting of Sharehol F1 teams, drivers reveal cars at first launch event Topflight racing series Formula One kicked off its 75th season last night in London — with a first-of-its-kind event. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), February 17, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a d Is Ferrari N.V.'s (NYSE:RACE) Recent Stock Performance Tethered To Its Strong Fundamentals? Most readers would already be aware that Ferrari's (NYSE:RACE) stock increased significantly by 17% over the past three... Jim Cramer on Ferrari N.V. (RACE)’s Luxury Advantage: “No Resistance to Price” We recently published a list of Jim Cramer Discusses These 10 Stocks & Dissects President Trump’s China Tariffs. In this article, we are going to take a look at where Ferrari N.V. (NYSE:RACE) stands against other stocks that Jim Cramer Discusses. In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed China’s […] Is Ferrari N.V. (RACE) the Best Italian Stock to Buy in 2025? We recently published a list of 12 Best Italian Stocks to Buy in 2025. In this article, we are going to take a look at where Ferrari N.V. (NYSE:RACE) stands against other best Italian stocks to buy in 2025. As per Deloitte, the broader Italian economy slowed down in 2024, with moderate growth. The service […] Credicorp Ltd (BAP) Q4 2024 Earnings Call Highlights: Record Profitability and Strategic Growth ... Credicorp Ltd (BAP) reports a record PEN5.5 billion profit for 2024, with strategic initiatives driving growth and asset quality improvements. Bears and bulls analyze and tear apart Ford and Ferrari Meanwhile, Macquarie gives a positive outlook on Toyota Ferrari (NYSE:RACE) Knows How To Allocate Capital Effectively What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a... Performance Overview Trailing total returns as of 3/7/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return 2FE.SG FTSE MIB Index YTD -0.10% +12.89% 1-Year +8.51% +15.48% 3-Year +146.40% +74.16%