Piper Sandler Raises Ford Price Target After Q2 Results

Ford – like its peers – is facing some uncertainties these days amid a volatile market and tariffs, which have changed quite a lot as the U.S. reaches new trade deals with various countries around the world. As such, Ford stock has also been the subject of numerous downgrades in terms of outlook and price targets from investment firms, too. While many have been a bit bearish on their Ford stock outlook as of late, Barclays recently took a more bullish approach and posted a rosier price target – and now, it’s being joined by Piper Sandler.

According to TipRanks, Piper Sandler has raised its price target for Ford stock from $9 to $9.50, while maintaining a neutral rating on those same shares. The investment firm cites Ford’s mixed Q2 results as the reasoning behind this slight uptick, as the automaker recorded record revenue of $50.2 billion in the second quarter, albeit, also accompanied by a net loss of $36 million.

According to Ford, that loss can be attributed to a few factors – a major fuel injector recall it issued recently, its canceled EV program, and $800 million going to tariff-related expenses alone. It’s currently unclear how tariffs will impact The Blue Oval moving forward, but Piper Sandler no longer expects the company to face what it calls a “tariff winter,” and has increased its sales forecast in the U.S. as a result.

As Ford Authority recently reported, The Blue Oval just secured a $3 billion term loan credit agreement as it works to give itself some financial flexibility and increase liquidity in these uncertain times. The automaker has been working to mitigate the impact of tariffs by reworking supplier contracts and sourcing parts that adhere to the terms of current trade deals, and as a result, it doesn’t expect to have to raise prices by any substantial amount in the near future.