Ford’s 10.2% July Sales Drop Was “By Design,” Company Says
The drop was intentional due to Escape discontinuation and rental cuts for new EVs.
The drop was intentional due to Escape discontinuation and rental cuts for new EVs.
Ford posted Q2 EPS of $0.42 and $48.3B revenue, beating forecasts. The automaker raised full-year adjusted EBIT guidance to $10–11 billion on strong pricing and resilient demand.
Jefferies upgrades Ford to Buy ($17.50 PT) and GM to Buy ($99 PT). Stronger production, healthy U.S. demand and solid 2027 outlook drive the dual upgrades.
Ford Energy will supply EDF up to 20 GWh of US-made batteries by 2028 to store solar and wind power for the grid.
Ford shares set to log their best day in seven months. Morgan Stanley highlights massive potential in Ford Energy’s battery storage business, with a $600 million profit opportunity.
Ford raised 2026 profit outlook after strong Q1, boosted by higher sales, tariff refund, and growth in trucks and software.