Ford Motor Company (NYSE:F) could provide hints of its upcoming electric vehicles when the automotive giant reports first-quarter financial results Wednesday after market close.
Here are the earnings estimates, analyst ratings and key items to watch.
Ford Q1 Earnings Estimates
Analysts expect Ford to report first-quarter revenue of $38.93 billion. That’s down from $37.42 billion in last year's first quarter, according to data from Benzinga Pro.
The company beat analyst estimates for revenue in four straight quarters and in seven of the last 10 quarters overall.
Analysts expect Ford to report 19 cents in earnings per share, up from 14 cents in last year's first quarter.
The company also beat analyst estimates for earnings per share in seven of the last 10 quarters. However, it missed the estimate in the most recently reported fourth quarter.
What Ford Analysts Are Saying
UBS analyst Joseph Spak recently upgraded Ford shares from Neutral to Buy with a price target of $15.
Spak is optimistic because he believes Ford's long-term strategy is resonating with investors and will drive earnings growth.
The analyst believes Ford's new strategy could lead to more than $2 in earnings per share for fiscal 2027, with a current estimate of $2.08 above consensus estimates. The analyst sees earnings per share soaring past $3 in the future thanks to the product and strategy shifts.
Spak said battery energy storage and Ford's Pro software growth also offer higher margin opportunities.
Here are other recent analyst ratings on Ford stock:
- TD Cowen: Maintained Hold rating, lowered price target from $15 to $14
- Goldman Sachs: Maintained Neutral rating, lowered price target from $15 to $13
Key Items to Watch
Ford's latest earnings report comes after the company shifted strategy on EVs. Recall how it ended production of the F-150 Lightning and other models. The company is now currently working on a reset that will see EV models launch in 2027. A new production method, it claims, will help to boost profitability.
Ford CEO Jim Faley has provided some details on the new models, including low-cost models to challenge the Tesla Model Y. There have been limited details so far.
Ford's earnings call could provide an opportunity to start discussing the launch timeline of new models and some pricing details.
Higher gas prices at the pump have consumer searching for EV options and Ford could be missing out on an opportunity while it shifts company focus and strategy.
Ford previously reported first-quarter deliveries were down 8.8% year-over-year in the U.S. This included sharp declines for EVs, SUVs, trucks and hybrids.
The company said it was focused on affordable vehicles and premium vehicle choices to fit consumer needs after reporting the delivery figures.
Investors and analysts may want more details on what this means and what the sales decline could mean for margins. Ford will also report its international deliveries, which could show if the company is making market share gains in other territories.
The renewed focus on higher margins and less focus on electric vehicles could pay off for Ford's earnings, but investors may be left wondering if there is a missed opportunity with higher gas prices and if Ford will meet its original 2027 goals to launch EV models once again.
Ford Stock Price Action
Ford stock is down 1.5% to $12.31 on Tuesday versus a 52-week trading range of $9.71 to $14.80. Ford shares are down 6.2% year-to-date in 2026.
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