On Tuesday, April 14, UBS went against the grain as it upgraded its rating of the legendary car maker Ford (NYSE: F) from ‘Neutral’ to ‘Buy.’
The change, revealed in a note issued by analyst Joseph Spak, stands in stark contrast with the overall view of F stock on Wall Street, and came with a $15 12-month price target for a 20.29% rally from the press time price of $12.47.
Over the last year, Ford shares recorded a significant rally of 28.37%, though the period of positive performance was abruptly ended in late February, and the car company is down nearly 9% year-to-date (YTD).
Spak backed his upgrade by citing a belief that the company can see its earnings per share (EPS) climb above $2 in 2027 and above $3 in subsequent years.
Such an estimate is rooted in the anticipation that Ford will take advantage of the expected regulatory climate improvements in the U.S., employ a more pragmatic electric vehicle (EV) strategy, and focus on higher-margin software.
Notably, Joseph Spak boasts zero out of five stars on the stock analysis platform TipRanks, and the data Finbold retrieved on April 14 indicates a 44% accuracy rating and an average negative 8.40% return on his recommendations.
Wall Street sets Ford stock price target for next 12 months
Zooming out, UBS has turned significantly more bullish regarding Ford stock than most Wall Street firms. Overall, F shares are rated as ‘Hold,’ with 8 such ratings, 4 ‘Buy,’ and 1 ‘Sell’ recommendation.
So far, 2026 has been dominated by ‘Neutral’ assessments of the car company, and among the most recent three alterations, all three possible ratings were featured. Specifically, Wells Fargo (NYSE: WFC) opined that Ford stock is a ‘Sell’ bound for $10 on March 31, RBC claimed ‘Hold’ and issued an $11 price target on April 13, and UBS turned bullish on Tuesday.
Lastly, the average Ford stock price forecast amounts to $13.88 for a 14.18% rally from the latest closing price per the data Finbold retrieved from TipRanks on April 14.
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