12:10 PM EDT, 04/02/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target by $4 to $12 on a 2027 P/E of 6.9x, a justified premium to U.S. automaker competitors. We lower our '26 adjusted EPS estimate to $1.42 from $1.45 but keep '27 at $1.75. Ford posted Q1 U.S. auto sales of 457,315 units (-8.8% Y/Y), ahead of Cox Automotive's Q1 estimate for F (-9.3%) but short of the 6.5% estimated decline for U.S. new vehicle sales in the quarter. By powertrain type, electric (-70%) and hybrid vehicles (-19%) drove the decline, partially offset by a smaller drop in ICE sales (-4%). In our view, F's reported decline in hybrid sales was particularly disappointing. We maintain a Hold on valuation, highlighting a belief that higher oil prices are likely to hurt Ford's sales more than its competitors due to its large truck/SUV exposure (see our 3/10/26 Thematic report), as trucks and SUVs accounted for 97% of Ford's total U.S. sales in Q1. In our view, management still has a lot to prove from an execution standpoint.