Ford Stock Forecast: Ford Rises by 4%, Good time to buy?

Ford Stock Forecast: Highlights
Ford Stock Forecast: The overall recommendation is Neutral.
-The average 12 month target for Ford is $17.
Zacks Investment analysts rated this stock as HOLD

Latest Ford Motor Company stock price

Metric Value Trend
Share Volume 55 M Lower
Forward P/E 1 Year 4.23 N/A

FORD stock Performance Vs Other EV Stocks

Ford Stock Forecast: Technical Analysis

Ford Stock Forecast: CrowdWisdom360-Insights

  • Reportedly, Ford Motor Co F.N. is expected to begin producing electric vehicles in Spain, but with “significant” job cuts at its Spanish factory and another one in Germany amid its ambitious electrification push in Europe.
  • The U.S.-based carmaker also stated that it had chosen its plant in Valencia as the most preferred site to assemble vehicles based on a next-generation electric vehicle (E.V.) architecture.
  • Earlier, Ford warned that the shift to E.V. production would likely trim its workforce as electric cars require fewer labour hours to assemble.

Ford Stock Forecast: Mutual Funds with Ford Holdings

Mutual Fund Name Last 12-month return
Vanguard 500 Index Fund 15.6%
Fidelity 500 Index Fund 3.9%
iShares Core S&P 500 ETF 15.6%

Ford Stock: Sentiment Analysis

Last 7 Days Last 24 Hours Trend
Net Sentiment ($F) +0.5% +10.3% Higher

FORD Stock: Momentum Summary

Indicator Trend
Overall Neutral
1a. Market Data Neutral
Volume Lower
Performance vs Peers (Last 5 Days) Higher
1b.Technical Sell
2. Crowd’s Wisdom Positive
Google Search Trend Steady
Social Media Sentiment Higher

FORD Stock: Latest Tweet

Originally tweeted by Andrew (@KasiaCieslik1) on June 22, 2022.

$F Long term chart on Ford Motors. 📣


FORD Stock Forecast: Ford Stock Buy, Sell or Hold?

According to Bloomberg News, Ford is planning a $20 billion boost in its investment in electric vehicles. Ford already aims to invest $30 billion in electric vehicles through 2025, so any new investment would be in addition to that. Ford’s investment in electrification contributed to a 140% increase in the stock price in 2021.

In February, Ford’s retail sales were down. Ford sold 129,273 vehicles in total last month in the United States. This is down 20.9% from the previous year’s figure of 163,520 automobiles. Car sales fell 45% in February compared to the same month last year, to 4,719 vehicles from 8,516. Sales of trucks and SUVs were also down by double digits year over year.

Ford’s stock plummeted after the company missed its Q4 earnings and revenue projections on February 3rd. Chip shortages and supply issues, according to the manufacturer, might last until early 2022. The only good thing is that the orders for new vehicles are still coming at a good pace. Last month, Ford received orders for 72,000 new vehicles. Ford still has some weaker signals. It may continue to go down further for several days or weeks.

Ford Stock Buy, Sell, or Hold? So, the recommendation is holding this stockfor now.

Read: Best EV stocks to buy in 2022

Ford Stock Forecast: Google Trends

The Google search volume of Ford is Steadysince last 24 hours.[Move the cursor on the chart to see the latest and compare it with 24 hours ago]

What Is Ford Stock’s Outlook For 2022?

Ford Stock Forecast: Conclusion

Ford Motors has been outstanding as a stock in last one and half year since March 2020 when it touched a bottom of $4.3. It has touched $20 dollars for the first time since 2001 and that speaks volume of its what has gone behind the scenes in last several years to take that uplift.

Recently company has faced various issues like chip supply, wage labor, manpower shortage but a good company takes everything in its stride to leap towards future growth. Ford has invested heavily on EVs and its partnership with Rivian takes that a step forward. Also deal with Walmart and SK innovation only uplifted morale of investors.

Vineet Agarwal

Read: Tesla Stock Prediction: TSLA 

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions

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