Ford Motor (F) AI Stock Analysis

• Market Cap: $55.25B
• Dividend Yield: 5.64%
• Average Volume (3M): 64.03M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: 3.75%
• EPS Growth: 33.37%
• Country: US
• Employees: 170,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 0.13
• Shares Outstanding: 3,918,623,000
• 10 Day Avg. Volume: 73,871,170
• 30 Day Avg. Volume: 64,025,473
• PEG Ratio: 0.03
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.28
• P/FCF Ratio: 4.19
• Enterprise Value/Market Cap: 3.60
• Enterprise Value/Revenue: 1.06
• Enterprise Value/Gross Profit: 16.63
• Enterprise Value/Ebitda: 22.15
• 1Y Price Target: $13.88
• Price Target Upside: -0.93% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 15
• EPS Forecast (FY): 1.53
• Revenue Forecast (FY): $186.61B

• Rating: 56 Neutral
• Price Target: $14.00 ▼(-0.07% Downside)
• Action: Reiterated Date: 02/12/26
• Date: Action: Reiterated 02/12/26

The score is held back mainly by volatile profitability and high leverage despite strong recent cash generation. Offsetting factors include constructive 2026 guidance and durable Ford Pro performance, plus a supportive valuation (low-teens P/E and high dividend yield). Technical indicators are broadly neutral and add limited directional conviction.

Positive Factors

Strong cash generation and liquidity

Consistent, sizeable free cash flow and a large liquidity buffer provide durable financial flexibility to fund capex, EV transition costs, and restructuring without immediate equity raises. That cushion supports multi-quarter execution and de-risks capital allocation decisions across cycles.

Ford Pro high-margin, durable commercial franchise

Ford Pro delivers steady, high-margin revenue with leading commercial-market share and growing software/services revenue. This recurring, service-oriented mix stabilizes margins and cash generation versus cyclical retail volumes, providing a durable profit pool through economic cycles.

Pragmatic EV roadmap and strategic partnerships

Refocusing EV strategy on a universal, lower-cost platform and partnering with battery and OEM partners lowers capital intensity and execution risk. This structural shift improves chances of scalable, profitable EV volume in mid-term, and preserves cash while targeting mass-market segments.

Negative Factors

Elevated leverage and thin equity base

Very high absolute debt relative to a modest equity base constrains financial flexibility and amplifies earnings volatility into solvency and return metrics. Elevated leverage raises refinancing, interest and covenant risks, limiting ability to fund discretionary initiatives or sustain buybacks during downturns.

Large Model e losses and EV restructuring charges

Sustained, multi-year EV unit losses plus sizable restructuring and write-down cash outlays materially depress consolidated profitability and consume capital. These structural EV execution shortfalls slow ROIC improvement and keep earnings and cash generation lumpy for multiple reporting cycles.

Supply disruption and back‑loaded recovery risk (Novelis)

Material upstream supply shocks and back‑loaded recovery introduce persistent margin and volume uncertainty. Restoring capacity and paying premium freight/tariffs are multi-quarter drags that can delay margin normalization, increase working capital needs, and complicate execution of cost‑improvement plans.

Ford Motor Business Overview & Revenue Model

Company Description

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments. It also engages in vehicle-related financing and leasing activities to and through automotive dealers. In addition, the company provides retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental companies, and fleet customers. Further, it offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and enhance dealership facilities, purchase dealership real estate, and other dealer vehicle programs. The company was incorporated in 1903 and is based in Dearborn, Michigan.

How the Company Makes Money

Ford generates revenue primarily through the sale of vehicles and related services. Its key revenue streams include the sale of new vehicles, financing solutions through Ford Credit, and parts and services provided to customers. The company earns a significant portion of its income from retail and fleet vehicle sales, along with financing and leasing options that enhance customer accessibility. Additionally, Ford has formed strategic partnerships and collaborations, especially in the electric vehicle sector, to enhance its market position and drive innovation. These relationships, along with the growing demand for electric and hybrid vehicles, are pivotal as the company transitions towards a more sustainable future.

Ford Motor Financial Statement Overview

Summary

Cash flow is a relative strength (2025 operating cash flow ~$21.3B and strong free cash flow), but profitability is volatile with a swing to a sizable loss in the latest 2025 annual period and leverage remains elevated (debt-to-equity ~4.5x in 2025). KPI commentary also flags margin pressure from rising cost of sales versus stable SG&A.

Income Statement

Revenue grew solidly from 2021–2024 (with 2023 up ~11% and 2024 up ~5%), but the latest 2025 annual period shows a sharp reversal: revenue down ~122% (as reported) and a swing to a sizable loss (net margin ~-4.4%, EBITDA margin ~-4.9%). Profitability has also been volatile across the period (loss in 2022, very strong profit in 2021, then moderate profits in 2023–2024), which lowers confidence in earnings stability.

Balance Sheet

Leverage is high and remains a key constraint: debt-to-equity stayed elevated (~2.9x to ~5.3x historically), and 2025 sits around ~4.5x with total debt ~$163B versus equity ~$36B. Returns to shareholders have been inconsistent, turning negative in 2025 (and also negative in 2022/2020), reflecting earnings volatility against a relatively thin equity base for the size of the asset footprint (~$289B in assets in 2025).

Cash Flow

Cash generation is a relative strength: operating cash flow is positive every year shown and improved to ~$21.3B in 2025, with free cash flow also strong at ~$21.3B (up sharply versus 2024). However, conversion is uneven across years (free cash flow was slightly negative in 2022), and the large earnings loss in 2025 alongside strong cash flow suggests results may be influenced by non-cash items and/or working-capital timing, which can create volatility quarter to quarter.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	187.27B	184.99B	176.19B	158.06B	136.34B
Gross Profit	22.81B	15.51B	16.16B	17.16B	16.44B
EBITDA	8.53B	14.24B	11.81B	4.76B	25.54B
Net Income	-8.18B	5.88B	4.35B	-1.98B	17.94B
Balance Sheet
Total Assets	289.16B	285.20B	273.31B	255.88B	257.04B
Cash, Cash Equivalents and Short-Term Investments	38.49B	38.35B	40.17B	44.07B	49.59B
Total Debt	167.57B	160.86B	151.11B	140.47B	139.49B
Total Liabilities	253.18B	240.34B	230.51B	212.72B	208.41B
Stockholders Equity	35.95B	44.84B	42.77B	43.24B	48.52B
Cash Flow
Free Cash Flow	12.47B	6.74B	6.68B	-13.00M	9.56B
Operating Cash Flow	21.28B	15.42B	14.92B	6.85B	15.79B
Investing Cash Flow	-18.05B	-24.37B	-17.63B	-4.35B	2.75B
Financing Cash Flow	-3.21B	7.49B	2.58B	2.51B	-23.50B

Ford Motor Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.01
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For F, the sentiment is Positive. The current price of 14.01 is above the 20-day moving average (MA) of 13.71, above the 50-day MA of 13.54, and above the 200-day MA of 11.89, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 57.64 is Neutral, neither overbought nor oversold. The STOCH value of 43.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for F.

Ford Motor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TM	78 Outperform	$313.42B	12.86	10.34%	2.57%	7.28%	12.41%
HMC	63 Neutral	$41.68B	12.48	4.11%	4.19%	0.32%	-25.51%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TSLA	60 Neutral	$1.54T	382.63	4.89%	―	-2.93%	-47.22%
GM	57 Neutral	$75.63B	25.60	4.34%	0.69%	-1.29%	-49.96%
F	56 Neutral	$55.25B	-7.19	-20.26%	5.64%	3.75%	33.37%
LI	55 Neutral	$18.63B	30.67	6.53%	―	-9.99%	-54.75%

Ford Motor Corporate Events

Ford projects 2025 pension remeasurement loss, funding stable

Ford Motor Company disclosed that, under its mark-to-market accounting for pension and other postretirement employee benefits, it expects to recognize a pre-tax remeasurement loss of about $0.6 billion in its fourth-quarter 2025 results, split evenly between U.S. and non-U.S. pension plans, with only an immaterial impact from OPEB plans. The loss, driven in the United States by actuarial experience versus assumptions and abroad by changes in key assumptions such as improved life expectancy, is projected to reduce after-tax net income by roughly $0.5 billion in 2025 but will be treated as a special item that does not affect adjusted EBIT, adjusted earnings per share, cash in 2025, or planned 2026 pension contributions; Ford said its funded plans remain fully funded and that, including 2025 remeasurement losses, it expects year-end 2025 underfunded status of about $0.2 billion for pension plans and $4.4 billion for OPEB, compared with $0.5 billion and $4.4 billion respectively at the end of 2024.

The most recent analyst rating on (F) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Ford Motor stock, see the F Stock Forecast page.

Ford Motor Reports Fourth-Quarter 2025 U.S. Vehicle Sales

On January 6, 2026, Ford Motor Company reported its U.S. vehicle sales performance for the fourth quarter of 2025, detailing how the automaker’s domestic business fared at the end of the year. The disclosure, made via a news release formally filed with regulators, underscores the importance of U.S. sales trends for Ford’s operational outlook and provides stakeholders with updated data on demand for its lineup in a key market.

The most recent analyst rating on (F) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Ford Motor stock, see the F Stock Forecast page.

Ford Restructures EV Joint Venture Amid Market Challenges

Ford Motor Company is adjusting its electric vehicle strategy due to challenging market conditions, which include lower-than-expected EV adoption rates and changes in regulatory and competitive dynamics. On December 9, 2025, Ford entered into a Joint Venture Disposition Agreement with SK On and SK Battery America to restructure its involvement in the BlueOval SK joint venture, leading to a $3 billion pre-tax charge. Additionally, Ford announced the cancellation of several planned EV models and the end of the current generation F-150 Lightning EV production, resulting in an $8.5 billion pre-tax write-down. These strategic moves reflect Ford’s efforts to align its operations with the evolving EV market and address the underutilization of EV production capacity.

The most recent analyst rating on (F) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Ford Motor stock, see the F Stock Forecast page.

Ford Motor Updates Bylaws for Enhanced Governance

On December 11, 2025, Ford Motor Company’s Board of Directors approved amendments to the Benefit Equalization Plan and Select Retirement Plan, effective January 1, 2026, with the SRP closing to new retirees on January 2, 2026. The Board also updated the company’s By-Laws to modernize meeting protocols, streamline board committee provisions, and align with new SEC rules and Delaware case law, reflecting a strategic move to enhance corporate governance.

The most recent analyst rating on (F) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Ford Motor stock, see the F Stock Forecast page.

Ford Motor Issues Statement on Regulation FD Disclosure

Ford Motor Company issued a statement on November 21, 2025, which was included as Exhibit 99 in their report. The statement’s content and implications for Ford’s operations, industry positioning, or stakeholders were not detailed in the provided text.

The most recent analyst rating on (F) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Ford Motor stock, see the F Stock Forecast page.