Ford Motor Company (NYSE: F) continues to be a focal point for Wall Street analysts, with recent ratings highlighting mixed sentiments. A series of price target adjustments reflect the evolving outlook on Ford’s stock performance as the company navigates market challenges and opportunities.
Recent Analyst Ratings and Price Target Changes
- JPMorgan Chase & Co. lowered its price objective on Ford from $14.00 to $13.00 while maintaining an “overweight” rating. The revision, noted in a research report on February 7, suggests JPMorgan still sees upside potential despite the reduced target.
- TD Cowen initiated coverage of Ford on March 7, assigning a “hold” rating with a $10.00 price target. This cautious stance indicates the firm sees limited near-term growth potential for the stock.
- Wells Fargo & Company cut its price objective from $9.00 to $8.00 on February 6, setting an “underweight” rating. The downgrade signals bearish sentiment, reflecting concerns about Ford’s future performance.
- Evercore ISI also revised its price target, lowering it from $11.00 to $10.00 on February 10, with an “in-line” rating. This suggests Evercore sees the stock performing in line with broader market expectations.
- Bank of America took a more optimistic stance but still reduced its price objective from $19.00 to $15.50 on February 6, maintaining a “buy” rating. This indicates that BofA sees long-term growth potential despite the price target cut.
Overall Analyst Sentiment on Ford Motor Stock
According to MarketBeat data, Ford currently holds an average rating of “Hold”, based on:
- 3 sell ratings
- 11 hold ratings
- 4 buy ratings
The consensus price target stands at approximately $11.50, reflecting the cautious optimism and varied opinions among analysts regarding Ford’s future performance.
Key Takeaway for Investors
With analysts expressing a wide range of price targets and ratings, Ford Motor’s stock remains under close scrutiny. The divergent views underscore the uncertainty in the current market environment, with some analysts seeing growth potential while others remain skeptical of the company’s near-term performance. As Ford continues to navigate industry headwinds and execute its EV strategy, investors will be watching for signs of stability and future growth.
