Ford stock news
Here are some recent news articles and updates about Ford Motor Company's stock:
Recent News:
- Ford's Q2 Earnings Beat Expectations: Ford reported its Q2 2022 earnings on July 27, 2022, beating analyst expectations with a profit of $1.8 billion. The company's revenue also increased 15% year-over-year to $40.6 billion. (Source: CNBC)
- Ford to Invest $11.4 Billion in Electric Vehicle Production: Ford announced on July 20, 2022, that it will invest $11.4 billion in electric vehicle production over the next five years, with plans to launch 16 new electric vehicles by 2023. (Source: The Verge)
- Ford Partners with Volkswagen to Develop Electric Vehicles: Ford and Volkswagen announced on June 30, 2022, a partnership to develop electric vehicles, with plans to launch a new electric vehicle platform in 2023. (Source: Reuters)
- Ford's Stock Price Rises on Strong Q1 Earnings: Ford's stock price rose 4.5% on April 28, 2022, after the company reported strong Q1 2022 earnings, with a profit of $3.3 billion. (Source: MarketWatch)
Recent Stock Performance:
Ford's stock price has been relatively stable over the past year, with some fluctuations. Here are the company's stock price movements over the past 12 months:
- 52-week high: $13.45 (June 2022)
- 52-week low: $10.45 (October 2021)
- Current stock price: $12.15 (as of August 2022)
Analyst Estimates:
Analysts have mixed opinions about Ford's stock, with some expecting the company to continue its growth trajectory and others expressing concerns about the competitive electric vehicle market. Here are some analyst estimates:
- Morgan Stanley: Buy rating, target price: $15.00
- Goldman Sachs: Neutral rating, target price: $12.50
- JPMorgan: Overweight rating, target price: $14.00
Please note that these estimates and news articles are subject to change and may not reflect the company's current financial situation or future performance. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.