UBS upgraded Ford Motor Company to Buy from Neutral. The bank maintained a price target of $15.00. This target suggests a potential 23% upside from current prices.
Analysts forecast Ford will exceed $2.00 in earnings per share by 2027. The bank’s $2.08 estimate is 17% above the market consensus.
The upgrade stems from Ford's product portfolio and a pragmatic electric vehicle strategy. UBS also highlighted an increasing focus on the high-margin Ford Pro software business.
The bank dismissed market concerns over gasoline and aluminum prices as excessive. Ford has hedged its aluminum costs through 2026.