Company Of The Day: Ford
What?
Ford (NYSE:F) raised the starting price of its electric F-150 Lightning electric pickup yet again. The entry model of the truck will cost almost $56,000, up about 8% from the previous pricing.
Why?
- Can Ford Stock Recover To $25, Led By Interest Rate Cuts And Strong Truck Sales?
- Will The EV Slowdown Benefit Ford Stock?
- With F-150 EV Production Cut 50%, What Lies Ahead For Ford Stock?
- What To Expect From Ford’s Q3 Earnings?
- Will Strong F-Series Sales Power Ford’s Q2 Results?
- Can Ford Stock Return To Its Pre-Inflation Shock Highs
Ford has been raising prices for its EVs due to surging costs of raw materials and components. For perspective, the vehicle actually debuted at a $40,000 price in May 2021.
So What?
While Friday was a bad day for automotive stocks in general, Ford stock saw a sizable decline, falling 7%.
See Our Complete Analysis For Ford
| Returns | Dec 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| F Return | -13% | -42% | 0% |
| S&P 500 Return | -6% | -19% | 72% |
| Trefis Multi-Strategy Portfolio | -5% | -22% | 215% |
[1] Month-to-date and year-to-date as of 12/19/2022
[2] Cumulative total returns since the end of 2016