Jefferies has upgraded Ferrari to a 'Buy' rating, citing confidence in the luxury carmaker's growth and market resilience. The firm expects a mid-term earnings growth rate of about 9%, driven by stable demand, pricing power, and margin improvements. They also note stabilization in resale values and strong demand for limited-edition models, reinforcing Ferrari's premium brand status. The upgrade comes with a new price target of €350 per share, with anticipation of positive Q1 results despite minor shipment challenges in the Middle East.
Ferrari announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a live audio webcast and conference call at 2:30 p.m. BST / 3:30 p.m. CEST / 9:30 a.m. EDT, accessible via its corporate website....
Ferrari N.V. has repurchased 28,000 of its common shares on the Euronext Milan exchange as part of the second tranche of its €250 million share buyback program announced in April 2026. This buyback is a segment of a larger multi-year plan totaling ap...
