Automotive giant Ford Motor Company (NYSE:F) reports fourth-quarter financial results on Tuesday after market close. The company's results could include the financial impact and future guidance based on pivoting away from electric vehicles (EVs).
Here are the earnings estimates, analyst ratings and key items to watch in the report.
Ford Motor Q4 Earnings Estimates
Analysts expect Ford to report fourth-quarter revenue of $41.53 billion, up from $35.92 billion in last year's fourth quarter, according to data from Benzinga Pro.
The company has beaten analyst revenue estimates in seven of the last 10 quarters, including three straight quarters.
Analysts expect Ford to report 18 cents per share in earnings. That’s down from 39 cents per share in last year's fourth quarter.
The company has beaten analyst estimates for earnings per share in five straight quarters and in eight of the last 10 quarters overall.
Ford Analyst Ratings and Price Targets
RBC Capital Markets analyst Tom Narayan is among the analysts that have praised Ford's pivot away from EVs. He maintained a Sector Perform rating on Ford, with a $12 price target at the time.
Narayan highlighted the company's changes, including cancelling three planned EV models and ending production of the F-150 Lightning.
Instead, Ford is expanding its hybrid offerings. The Dearborn, Michigan-based comapny plans to "shift its EV focus to a flexible, affordable Universal EV platform, targeting 50% hybrid, extended range EV, and electric sales by 2030," Narayan said.
The analyst estimated an $8.5 billion pre-tax asset writedown in the fourth quarter and a total of $19.5 billion in EBIT impacts from the changes.
"Notably, Ford now anticipates Model E segment profitability by '29, with improvements to the segment beginning in '26."
The analyst said the changes would result in estimated EV losses of $4.9 billion in 2025.
“We believe this strategic adjustment is a rational response to the slowing EV market, particularly in the context of the current regulatory landscape and the removal of the $7,500 EV tax credit last September.”
The analyst said Model E reaching breakeven by fiscal 2029 could provide a $4.9 billion boost to the company’s EBIT. This would help offset the $5.5 billion in net debt in fiscal 2026.
Here are other recent analyst ratings on Ford stock and their price targets:
- Barclays: Maintained Equal-weight rating, raised price target from $12 to $13
- JPMorgan: Maintained Overweight rating, raised price target from $14 to $15
- UBS: Maintained Neutral rating, raised price target from $12.50 to $15
- TD Cowen: Maintained Hold rating, raised price target from $13 to $15
Key Items to Watch in Ford's Q4 Financial Results
Ford's quarterly results come after General Motors Company (NYSE:GM) recently reported fourth-quarter results that saw earnings per share beat analyst estimates and revenue miss analyst estimates.
General Motors forecasted earnings per share below analyst estimates, which could indicate that a pivot away from electric vehicles isn't enough for investors.
Analysts and investors will be closely watching Ford's report to see whether guidance comes in better than estimates and whether the focus on profitability pays off sooner rather than later.
Ford's quarterly results come after several reports have linked the company to partnering with the likes of Geely and BYD. The partnerships with Chinese companies have not been officially announced, but have sparked concerns, including Trump advisor Peter Navarro cautioning what a Ford and BYD partnership could mean.
“So Ford wants to simultaneously prop up a Chinese competitor’s supply chain and make it more vulnerable to that same supply chain extortion? What could go wrong here?” Navarro tweeted about a potential battery tie-up.
Navarro currently serves as the Senior Counselor for Trade and Manufacturing under Trump.
“Did Ford forget the rare earth extortion already? BYD is the latest predatory-pricing player on the block. The aim is to control global EV production – Tesla will be a footnote if this keeps up.”
Ford could share more color on potential partnerships and its need for battery sourcing as it works to grow hybrids while scaling back its own battery initiatives.
The automotive company previously reported fourth-quarter deliveries with sales up 9% year over year and a full-year total up 4% year over year.
The company could highlight its strong delivery performance in 2025 and provide a better outlook for 2026.
With Ford pivoting away from EVs in the short-term to focus on bestselling models, hybrids and profits, investors and analysts will be seeking more color on where the company is headed in the short term and long term. The question is if that will get answered on Tuesday or leave investors guessing.
Ford Stock Price Action
Ford stock is down 0.9% to $13.67 on Monday versus a 52-week trading range of $8.44 to $14.50. The company’s stock is up 2.4% year-to-date in 2026 and up 47.9% over the last 52 weeks.
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