Key Takeaways:
- Ford Motor’s stock has decreased over 12% year-over-year but shows a slight gain in 2023.
- The company is strategically aligning its electric vehicle operations, including partnerships and responding to tariff impacts.
- Analysts provide mixed forecasts, with a consensus that leans towards holding Ford’s stock.
Ford Motor Co. (NYSE: F) has recently experienced a market dip, marking seven consecutive days of decline with its stock closing at $10.18, a 1.28% drop. Despite a 12% decrease in the past year, the stock has managed a 3.79% uptick in 2023. This comes amid Ford's strategic adjustments in its electric vehicle (EV) sector, such as sharing battery production capabilities with Nissan to optimize resources and managing pressures from U.S. tariffs.
Wall Street Analysts Forecast
According to predictions from 24 analysts, Ford's average one-year target price is $10.03, with estimates spanning from a high of $15.67 to a low of $8.00. This average price target indicates a downside of 1.43% compared to the current trading price of $10.17. For a deeper dive into these projections, visit the Ford Motor Co (F, Financial) Forecast page.
The consensus recommendation from 27 brokerage firms places Ford in a "Hold" position, with an average rating of 3.1 on a scale where 1 is a Strong Buy and 5 is a Sell. This suggests a cautious approach by analysts regarding the automaker's potential growth and market performance.
Furthermore, based on GuruFocus' GF Value estimate, Ford's estimated fair value in the coming year is $11.78, pointing to an upside of 15.83% from its current price. The GF Value reflects what the stock should ideally be trading at, calculated using the historical trading multiples, past business growth, and future performance predictions. Investors can explore more detailed evaluations on the Ford Motor Co (F, Financial) Summary page.
