Ford Motor Co (NYSE:F) is trading higher today after the automaker reported second-quarter adjusted earnings that topped Wall Street's expectations and raised its full-year 2026 earnings outlook, brushing off revenue that came in slightly below estimates. Plus, no fewer than three analysts lifted their price targets after the event, notably Deutsche Bank readjusted to $16 from $15. At last glance, the stock was up 5.1% at $15.73.
Ford stock has been climbing since testing its 100-day moving average near $13.50 in early July. Now headed for its fourth-straight gain, the shares are up 19.9% year-to-date.
Wall Street remains cautious on Ford. Of the 23 analysts covering the stock, 13 carry a "hold" rating and three say "strong sell," compared to just seven "strong buy" ratings. The 12-month consensus price target of $15.19 also sits just below current levels.
Options traders have shown a strong preference for calls. Ford's 50-day call/put volume ratio of 2.89 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 91% of annual readings.
Meanwhile, the stock's Schaeffer's Volatility Scorecard (SVS) of 31 out of 100 indicates options traders have tended to overestimate the magnitude of the shares' moves over the past year.
