Tuesday, April 14, UBS went against the grain when it raised the price of a well-known automaker Ford (NYSE: F) from ‘Neutral’ to ‘Buy.’
This change, which was revealed in a statement written by the scholar Joseph Spak, is very different from all the ideas of F. property on Wall Street, and came with a $15 12-month target of 20.29% rally from the press time price of $12.47.
Over the past year, Ford’s shares recorded a significant performance of 28.37%, although the period of success ended abruptly at the end of February, and the car company has declined by about 9% year-to-date (YTD).
Spak backed his upgrade by citing the belief that the company could see earnings per share (EPS) rise above $2 in 2027 and more than $3 in subsequent years.
Such estimates are based on the expectation that Ford will take advantage of the expected US climate change, use the electric vehicle (EV) strategy and focus on advanced programs.
In particular, Joseph Spak boasts zero out of five stars on stock analysis platform TipRanks, and data Finbold which was released on April 14 shows an accuracy of 44% and an average of 8.40% negative returns on its recommendations.
Wall Street has set Ford’s price target for the next 12 months
Over time, UBS has made more changes to Ford stock than most Wall Street firms. Overall, F shares are rated as ‘Hold,’ with 8 such ratings, 4 ‘Buy,’ and 1 ‘Sell’ recommendations.
So far, the 2026 has been driven by a ‘Neutral’ rating for the car company, and in the three most recent updates, all three ratings have been shown. In particular, Wells Fargo (NYSE: WFC) decided that Ford’s stock is a ‘Sell’ for $10 on March 31, RBC said ‘Hold’ and gave a price of $11 on April 13, and UBS changed it on Tuesday.
Finally, Ford’s price forecast is $13.88 for a rally of 14.18% from the latest closing price based on data collected by Finbold. TipRanks on April 14.
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