"The consensus target price among the 22 analysts who cover Ford Motor Co. ( NYSE: F) stock, according to Yahoo, is $11.05. The stock trades at $12.09. Eleven of these analysts expect Ford's revenue to drop slightly in the next year. The market in general agrees with the opinions. Ford's share price is up slightly less than 11% in the past year. The S&P 500 is 14% higher over the same period, and shares of crosstown rival General Motors Co. ( NYSE: GM) are up 31%."
"CEO Jim Farley must not have enough to do. He called a summit of CEO and government leaders that he dubbed "Accelerate the Essential Economy." He said that the United States has and will have a shortage of labor to build artificial intelligence (AI) centers, which will require hundreds of thousands of skilled people. An important part of Ford's own AI effort failed two years ago."
"It is stunning that Farley has the time to call a summit that is only tangentially attached to Ford's business. He did, however, use the meeting to promote Ford's Pro operations. He wrote, "Right now, Ford Motor Company builds and services the F-Series and Super Duty trucks and Transit vans that drive much of the Essential Economy." Somehow, he wants to connect this to the future of the AI infrastructure in America."
Analysts set a consensus target of $11.05 for Ford, while the stock trades around $12.09 and many expect slight revenue declines. Ford shares rose about 11% in the past year, lagging the S&P 500 and General Motors. CEO Jim Farley convened a summit called "Accelerate the Essential Economy" and warned of a labor shortage for AI data centers, despite a prior Ford AI effort failure. Farley used the meeting to promote Ford Pro commercial operations. Persistent EV execution problems, widespread recalls, and concerns about executive focus weigh on analyst sentiment and investor confidence.
Read at 24/7 Wall St.
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