JPMorgan Upgrades Ford Motor Company (F); Raises PT from $12 to $13

With a low price-to-earnings multiple and strong hedge fund interest, Ford Motor Company (NYSE:F) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.

JPMorgan up

graded Ford Motor Company (NYSE:F) to ‘Overweight’ ahead of its Q2 earnings release on July 30, raising its price target to $13 from $12 on July 21, citing “stronger-than-expected” output as purchasers hurried to purchase vehicles ahead of tariff-driven price hikes.

Ford Motor Company (NYSE:F), which is up 9.90% year to date, has benefited from robust hybrid sales, rising margins, and continuous profit growth. Nevertheless, Wall Street anticipates Q2 earnings per share to decrease 30% year on year to $0.33, with revenue down 4% to $45.79 billion due to greater incentives, EV sector losses, and lower vehicle pricing.

Nonetheless, Ford Motor Company (NYSE:F)’s earnings history is encouraging: it has above EPS projections in seven of the previous nine quarters. While JPMorgan continues to favor car suppliers over manufacturers, its upbeat outlook suggests Ford may be better positioned than many believe in managing a changing automotive industry.

Ford Motor Company (NYSE:F) designs, manufactures, markets, and serves a range of Ford trucks, SUVs, and cars worldwide, while also growing into electric and hybrid vehicles. It is included in our list of cheap solid state battery stocks.

While we acknowledge the potential of F as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.