From Nasdaq, Inc.:

Ford Motor Co reported fourth-quarter financial results that surpassed estimates, with revenue and earnings per share beating analyst expectations.

RBC Capital analyst had a Sector Perform rating and price target of $12, Morgan Stanley analyst Adam Jonas had an Overweight rating and price target of $15, and Goldman Sachs analyst Mark Delaney had a Neutral rating and price target of $12 for Ford.

Analysts discussed concerns about Ford’s electric vehicle segment and praised the company’s Ford Pro segment while highlighting market insights and possible paths to profitability for Ford’s electric vehicle strategy in the future.

Based on the analyst assessments, Ford shares have increased by 4.09% to $12.59 on the trading floor, and the company’s 52-week trading range for shares is $9.63 to $15.42. Ford’s challenging predictions for fiscal year 2024 and future ratings are closely watched to assess future stock values.



Read more: Ford’s Pro Segment Earns Analyst Applause, EV Division Sparks Worry After Q4 Earnings