{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/FER",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Ferrovial N.V. (NASDAQ: FER) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Ferrovial N.V., listed on NASDAQ under ticker FER. Its ISIN is USN3168P1014. Its LEI is not on the record. Its security type is non-operating entity type (other). Its segment is not on the record. Its sector is 1600 Heavy Construction Other Than Bldg Const - Contractors, and its jurisdiction is the Netherlands. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 61 filings in the twelve months to 2026-11-08, across 45 filing days. Of these, 6 are regulatory filings and 55 are results. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-03 and is of type results, 5 days before the record date. The exchange median gap is 6.0 days, the exchange median filings count is 52, and the exchange median latency is 5.0 days. The sector median gap is 6 days, the sector median filings count is 70, and the sector median latency is 9 days.\n\n## Auditor\n\nThe auditor of record is not on the record, because the latest annual report cover carries no dei:AuditorName tag. The auditor location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record. The segment move is not on the record. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 22 research houses: Jefferies, Alantra Equities, Kepler Cheuvreux, Sabadell, JB Capital, Deutsche Bank, renta4, Goldman Sachs, JP Morgan, Mediobanca, Morgan Stanley, Santander, Green Street, UBS, Morningstar, Intermoney, Citigroup, BNP Paribas, Caixa BPI, Bernstein, RBC and Bestinver.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe sealed years that hold the issuer are 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001468522.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/FER (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/ (coverage)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/FER (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/FER",
  "coverage": {
   "count": 22,
   "houses": [
    {
     "analyst": "Graham Hunt",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Mariano Miguel",
     "house": "Alantra Equities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Luis Prieto",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Luis Arredondo",
     "house": "Sabadell",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Miguel González",
     "house": "JB Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Harishankar Ramamoorthy",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Ángel Pérez",
     "house": "renta4",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Patrick Creuset",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Elodie Rall",
     "house": "JP Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Nicolo Pessina",
     "house": "Mediobanca",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Nicolas Mora",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "José Manuel Arroyas",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Robert Crimes",
     "house": "Green Street",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Cristian Nedelcu",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Jack Fletcher-Price",
     "house": "Morningstar",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Guillermo Barrio",
     "house": "Intermoney",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Marc Ip Tat Kuen",
     "house": "Citigroup",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Dario Maglione",
     "house": "BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Filipe Leite",
     "house": "Caixa BPI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Víctor Acitores",
     "house": "Bernstein",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Ruairi Cullinane",
     "house": "RBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Álvaro Navarro",
     "house": "Bestinver",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/",
     "result": "read: 22 of 38 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 13,
     "median_cadence_gap_days": 6,
     "median_filings": 70,
     "median_latency_days": 9,
     "name": "1600 Heavy Construction Other Than Bldg Const - Contractors"
    }
   },
   "by_type": {
    "regulatory_filing": 6,
    "results": 55
   },
   "cadence_median_gap_days": 7,
   "filing_days": 45,
   "filings": 61,
   "latency_days": 5,
   "latest": [
    {
     "category": "6-K",
     "date": "2026-11-03",
     "source": "https://www.sec.gov/Archives/edgar/data/1468522/000146852226000086/a6kdividendpershare31126.htm",
     "title": "6-K — 6-K",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-10-29",
     "source": "https://www.sec.gov/Archives/edgar/data/1468522/000146852226000081/a6krepurchaseprogramoctobe.htm",
     "title": "6-K — 6-K",
     "type": "results"
    },
    {
     "category": "SCHEDULE 13G",
     "date": "2026-10-27",
     "source": "https://www.sec.gov/Archives/edgar/data/1468522/000201238326003743/xslSCHEDULE_13G_X02/primary_doc.xml",
     "title": "SCHEDULE 13G",
     "type": "regulatory_filing"
    },
    {
     "category": "6-K",
     "date": "2026-10-27",
     "source": "https://www.sec.gov/Archives/edgar/data/1468522/000162828026067631/a6k2026i-285e.htm",
     "title": "6-K — 6-K",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-10-27",
     "source": "https://www.sec.gov/Archives/edgar/data/1468522/000162828026067625/a6k2026q3ferrovialnvoperat.htm",
     "title": "6-K — 6-K",
     "type": "results"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/FER",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-02",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "USN3168P1014"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001468522.json",
    "state": "sourced",
    "value": "Netherlands"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-P7",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001468522.json",
    "state": "sourced",
    "value": "Ferrovial N.V."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001468522.json",
    "state": "sourced",
    "value": "1600 Heavy Construction Other Than Bldg Const - Contractors"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001468522.json",
    "state": "sourced",
    "value": "Non-operating entity type (other)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "FER"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:4873dbedb34019955beeb46fe53bb44425e729782908cab70963647697d295fe",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/FER",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:4873dbedb34019955beeb46fe53bb44425e729782908cab70963647697d295fe",
 "path": "/us/NASDAQ/FER",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Ferrovial N.V., listed on NASDAQ under ticker FER. Its ISIN is USN3168P1014. Its LEI is not on the record. Its security type is non-operating entity type (other). Its segment is not on the record. Its sector is 1600 Heavy Construction Other Than Bldg Const - Contractors, and its jurisdiction is the Netherlands. Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 61 filings in the twelve months to 2026-11-08, across 45 filing days. Of these, 6 are regulatory filings and 55 are results. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-03 and is of type results, 5 days before the record date. The exchange median gap is 6.0 days, the exchange median filings count is 52, and the exchange median latency is 5.0 days. The sector median gap is 6 days, the sector median filings count is 70, and the sector median latency is 9 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, because the latest annual report cover carries no dei:AuditorName tag. The auditor location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record. The segment move is not on the record. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 22 research houses: Jefferies, Alantra Equities, Kepler Cheuvreux, Sabadell, JB Capital, Deutsche Bank, renta4, Goldman Sachs, JP Morgan, Mediobanca, Morgan Stanley, Santander, Green Street, UBS, Morningstar, Intermoney, Citigroup, BNP Paribas, Caixa BPI, Bernstein, RBC and Bestinver.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The sealed years that hold the issuer are 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001468522.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/FER"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.ferrovial.com/en/ir-shareholders/stock-information/analyst-coverage/"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/FER"
  }
 ],
 "title": "Ferrovial N.V. (FER) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}