Ford Gears Up For Q2 Earnings: Will Bullish Charts Overcome Recent Dip?
Portfolio Pulse from Surbhi Jain
Ford Motor Co (NYSE:F) is set to report its Q2 earnings on Wednesday, with Wall Street expecting 66 cents in EPS and $44 billion in revenues. Despite a recent dip, the stock is up 14.31% YTD. Technical indicators show a moderately bullish trend, with the stock price above key moving averages. Analysts have an Overweight rating with a price target of $15.55.
July 23, 2024 | 5:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
General Motors Co's recent Q2 earnings report and delays in its EV projects have caused a dip in its stock, which has also impacted Ford's stock price.
GM's negative news has caused a short-term dip in its stock price, which has also affected Ford's stock. However, Ford's own positive indicators may mitigate this impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Ford Motor Co is set to report Q2 earnings with Wall Street expecting 66 cents in EPS and $44 billion in revenues. The stock shows a moderately bullish trend with key moving averages indicating potential upward movement. Analysts have an Overweight rating with a price target of $15.55.
The upcoming earnings report and positive technical indicators suggest potential upward movement. Analysts' Overweight rating and price target further support a bullish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100