Ford Motor Company Stock Forecast:
According to 11 analysts, the average target price for Ford Motor Company stock over the next 12 months is USD 13.57, with an average rating of Hold. Stock Target Advisor‘s analysis is Neutral, based on 7 positive and 6 negative signals. The current stock price is USD 11.86, and it has changed by +0.51% over the past week, -3.81% over the past month, and -11.29% over the last year.
Ford Motor Co. News:
Ford Motor Co. has announced the latest addition to its muscle truck franchise – the Ranger Raptor midsize pickup with a 405-horsepower engine and a suspension designed for desert racing. This latest model was made possible in part by Ford’s investment in electric vehicles, which allowed the company to develop advanced technologies for the new Ranger Raptor.
The Ranger Raptor is part of the new generation of Ford Ranger pickups, which will launch in North America later this year. This move demonstrates how established automakers are adapting to changing consumer preferences and shifting regulatory landscapes by focusing on more powerful, higher-profit vehicles.
Jim Baumbick, vice president for product development and quality for the Ford Blue unit, has called the Ranger Raptor a “very successful and profitable derivative” of the Ranger pickup. This is because it is designed to meet the demands of customers who want a vehicle that can perform well in off-road environments and is also highly capable for everyday use.
The Ranger Raptor’s high-performance engine and suspension system were developed using technology that Ford has acquired through its investment in electric vehicles. By leveraging this technology, Ford was able to create a vehicle that is not only powerful and capable, but also efficient and sustainable.
In recent years, many automakers have shifted their focus towards electric vehicles and other sustainable technologies in response to tightening regulations on carbon emissions. Ford’s investment in electric vehicles has not only allowed the company to develop advanced technologies for its new Ranger pickups, but has also positioned it to compete in a rapidly changing market.