Should You Buy Ford While It's Below $10?

Generado por agente de IAWesley Park
miércoles, 1 de enero de 2025, 10:59 am ET1 min de lectura
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As of January 1, 2025, Ford Motor Company (NYSE: F) is trading at $9.90 per share, a significant drop from its 52-week high of $14.85. This begs the question: should you buy Ford while it's below $10? Let's dive into the company's recent performance, analyst opinions, and market outlook to help you make an informed decision.



Ford's recent performance has been a mixed bag. The company's Pro segment, which houses its commercial operations, has been a bright spot, with revenue up 13% year over year and an operating margin of 11.6% in the third quarter of 2024. However, Ford's overall operating margin was a mere 1.9% during the same period, highlighting the challenges the company faces in its core business.

Analysts have a hold recommendation on Ford, with an average price target of $11.85, indicating a potential increase of 19.70% from the current stock price. However, recent downgrades from Jefferies and Deutsche Bank suggest that some analysts are cautious about the company's prospects. Edison Yu of Deutsche Bank lowered the firm's price target on Ford to $10 from $11 and maintains a hold rating on the shares, citing weak Q4 guidance and headwinds from Turkey inflation and hurricane-related supplier issues.

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