Ford Motor Company (F) Stock Forecast & Price Targets - Stock Analysis (2024)

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Ford Motor Company (F) Stock Forecast & Price Targets - Stock Analysis? ›

Based on short-term price targets offered by 20 analysts, the average price target for Ford Motor Company comes to $13.97. The forecasts range from a low of $10.00 to a high of $21.00. The average price target represents an increase of 19.61% from the last closing price of $11.68.

Analyst Price Targets

Based on analysts offering 12 month price targets for F in the last 3 months. The average price target is $15.25 with a high estimate of $21 and a low estimate of $10.

F Stock 12 Month Forecast

Based on 13 Wall Street analysts offering 12 month price targets for Ford Motor in the last 3 months. The average price target is $15.25 with a high forecast of $21.00 and a low forecast of $10.00. The average price target represents a 26.24% change from the last price of $12.08.

Shares of Ford Motor Company (NYSE: F) have been on an upswing recently, as they've climbed about 20% in the past six months. Investors are optimistic after the business reported 2023 fourth-quarter financial results that were well received by the market.

Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.

Fair Value Estimate for Ford Stock

With its 4-star rating, we believe Ford's stock is undervalued compared with our long-term fair value estimate of $19 per share. We think buying Ford's stock may require investor patience for management to restructure the Ford Blue segment while scaling up the Ford Model e business.

While the automotive industry can make for challenging investments, Ford is a great income story with its strong cash flow, 5% dividend yield, and reoccurring supplemental dividends.

Ford has said it expects revenue from telematics and other nontraditional subscription services to increase to $2,000 per vehicle annually, or about $167 a month, for Ford Pro in the years ahead. Farley reiterated Thursday that 20% of Pro's overall revenue is expected to come from such services by 2026.

Ford Motor Company ( F ) pays dividends on a quarterly basis. The next dividend payment is planned on June 3, 2024 .

What is FE stock price prediction? ›

FE Stock 12 Month Forecast

Based on 5 Wall Street analysts offering 12 month price targets for FirstEnergy in the last 3 months. The average price target is $41.00 with a high forecast of $45.00 and a low forecast of $35.00. The average price target represents a 4.75% change from the last price of $39.14.

History says no. Based on the stock market's historic performance, there's never necessarily a bad time to buy -- as long as you keep a long-term outlook. The market can be volatile in the short term (even in strong economic times), but it has a perfect track record of seeing positive returns over many years.

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A Stock Hits the Price Target

As a stock price rises, investors can begin selling the position once it reaches the price target range. Investors can either sell it all at the price target or ease out of the position over time at various price targets.

With all due respect Equity Analysts (myself being a former analyst) are more often wrong than right, i.e. less than 50% right in the long run on recommendations. Also to hedge their position analysts sometimes flock together on stock price targets and recommendations, i.e Sell, Neutral or Buy.

Over the past 52 weeks, F's P/CF has been as high as 11.02 and as low as 3.10, with a median of 4.61. These figures are just a handful of the metrics value investors tend to look at, but they help show that Ford Motor is likely being undervalued right now.

Shares have had a positive start to the year thus far, which is attracting investor attention. Ford (F 0.41%) had a strong 2023. Its revenue was up 18.1%, as it sold 182,000 more units than the year before. The results were driven by favorable pricing trends.

Ford's revenue for the 2024 first quarter was $42.8 billion, up 3% year-over-year even as vehicle shipments declined slightly. The company has increased revenue in each of the past three years and expects to do so again in full-year 2024.

Ford's Market Share Falls Well Below 13%

Its share typically is above 13%. Ford brand's market share was 11.84%, its lowest in at least five years. Lincoln's share was flat at 0.57% compared to a year ago but below 2019 to 2021 levels.