Piper Sandler raised the firm’s price target on Ford (F) to $9.50 from $9 and keeps a Neutral rating on the shares. The firm notes Ford shares are indicated lower by 1.6% in after-hours trading, due to mixed Q2 results. Despite record revenue of $50.2B, Ford swung to a net loss in Q2, driven by costs associated with a fuel injector recall, the cancellation of an electric vehicle program, and an $800M tariff headwind. While Piper is still uncertain regarding the full impact of tariffs, the probability of a “tariff winter” seems lower than it did in Q1, and as a result, the firm has increased its U.S. new vehicle sales forecast.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- Cautious Optimism: Evaluating Ford Motor’s Hold Rating Amidst EV Market Challenges and Industry Uncertainties
- Ford Motor’s Growth Potential: Buy Rating Supported by Strong Market Performance and Positive Future Outlook
- Ford Motor Company Reports Q2 2025 Financial Results
- “Strengthening Our Liquidity”: Ford Stock (NYSE:F) Sinks With $3 Billion Credit Line
- Closing Bell Movers: Microsoft jumps 9%, Meta up 12% on earnings beats