Fiserv earnings missed by $0.61, revenue fell short of estimates
Investing.com - TD Cowen has maintained its Hold rating on Ford (NYSE:F) while raising its price target to $15 from $13 following the automaker’s 10-Q filing. The automotive giant, currently trading at $13.59 with a market capitalization of $53.91 billion, appears overvalued according to InvestingPro’s Fair Value analysis.
The research firm updated its estimates after Ford’s third-quarter results aligned with its preview expectations. TD Cowen noted that the positive share price reaction to Ford’s recent performance was warranted, with the stock now trading near its 52-week high and offering a substantial 6.29% dividend yield.
TD Cowen remains "fundamentally constructive" on Ford, consistent with its broader call for positive sentiment shifts among U.S. automakers.
The firm indicated that Ford’s next significant stock movement could depend on the company’s upcoming electric vehicle cost reduction initiatives, which the automaker has referenced but not fully detailed.
TD Cowen analysts expressed interest in gaining "more conviction" on these EV cost efforts before potentially revising their outlook further.
In other recent news, Ford Motor Company reported its third-quarter 2025 earnings, surpassing analyst expectations with an earnings per share of $0.45, compared to the forecasted $0.35. The company’s revenue also exceeded expectations, reaching $50.5 billion against a forecast of $46.91 billion. Additionally, Ford has entered into an agreement with Legal & General to transfer £4.6 billion ($6 billion) of pension liabilities, impacting the retirement savings of 35,000 individuals in the UK. Piper Sandler raised its price target for Ford to $11.00 from $9.50, maintaining a Neutral rating. The firm noted that Ford’s quarterly performance was better than expected and highlighted that a recent change to tariff policy should increase Ford’s EBIT by $1 billion, enhancing its margin outlook for 2026. These developments reflect a series of strategic financial moves by Ford.
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