Goldman Sachs Lowers Ford Price Target to USD 14.00
Goldman Sachs has lowered its price target for Ford Motor Company (F) from USD 16.00 to USD 14.00 while maintaining a Neutral rating. The adjustment comes as Ford’s stock traded at EUR 10.83 on October 6, 2026, at Lang & Schwarz, showing a slight gain of 0.09 percent from the prior close. The bank’s revised target, stated in US dollars, emphasizes a cautious outlook for the automaker despite some positive earnings metrics.
Ford’s third-quarter sales declined 6.60 percent year-over-year to 509,764 vehicles, though adjusted figures suggest the drop was largely due to planned portfolio changes. The company sold 1,516,279 vehicles through September, with Super Duty truck production rising 4.40 percent to 110,275 units. Industry-wide sales fell 1.00 percent, but Ford’s performance, when excluding models like the Escape and Corsair, remained relatively stable.
Financially, Ford reported USD 48.30 billion in revenue for the latest quarter, a 3.80 percent decrease from the prior year. However, earnings per share came in at USD 0.42, surpassing consensus estimates by USD 0.09. This earnings beat contrasts with the revenue contraction, reflecting mixed signals for investors. The analyst note cited production disruptions and sales pressure as key concerns, keeping the near-term focus on execution and volume.
As of October 5, 2026, Ford’s market capitalization stood at USD 48.4 billion, with its stock trading at USD 12.14 on the NYSE. The 52-week range of USD 11.11 to USD 17.78 places the current price above the yearly low but below the high. Investors continue to monitor real-time updates as trading progresses.