Ford Raises 2026 Profit Outlook to $11B After Strong Q2
F sits 49% above its 52-week low of $10.68.
Summary
Ford posted Q2 adjusted operating profit of $2.5 billion, up 19% year-over-year, despite a 4% revenue decline to $48.3 billion. The company raised its full-year adjusted EBIT guidance to $10.5–$11 billion, up from prior expectations. This follows a series of strategic moves including a restructured EV battery JV and a $3.81 billion DOE loan. Rival GM also reported strong results, with operating profit up 30% to $3.9 billion, partly from price hikes. The results show Detroit automakers navigating tariffs and aluminum costs while maintaining pricing power.
Updates
· Binance News — Shares jumped 6% in aftermarket trading following the results.
· Dow Jones Newswires — Adjusted EPS of $0.42 beat the $0.36 consensus. Management cited consumer resilience, a new affordable EV platform launching in 2027, and ongoing defense-related discussions.
At the time of this announcement, F was trading at $15.90 on NYSE in the Manufacturing sector, with a market capitalization of approximately $59.6B. The 52-week trading range was $10.68 to $17.78. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.