BUZZ-Street View: Mixed signals for Ford as outlook remains uncertain

Reuters
06 May
BUZZ-Street View: Mixed signals for Ford as outlook remains uncertain

** Ford Motor F.N suspended its annual guidance on Monday because of uncertainty around U.S. President Donald Trump's tariffs, saying the levies would cost the co about $1.5 billion in adjusted earnings before interest and taxes

** Shares of automaker down 2.2% in premarket trading

SHIFTING GEARS

** Barclays ("equal weight", PT: $9) sees opportunity for co to leverage cost advantages and gain US market share

** Goldman Sachs ("hold", PT: $10) sees co's strong U.S. market position and cost management as positives but is cautious about premium valuation and international competition challenges, noting tariffs' impact but potential mitigation through higher vehicle prices

** Morningstar (fairvalue: $16) sees co's decision to withhold updated guidance as a cautious approach given unpredictable tariff environment

** Daiwa Capital Markets ("neutral") says "Ford is better positioned compared to competition with higher US content but is unlikely to escape a weaker demand environment".

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10