News · Yahoo Finance

Ford's 20% Sales Forecasts Meets A 38% Stock Collapse

Ford CEO Jim Farley has set a goal of raising unit sales 20% by 2032 and said the Fathom EV pickup would sell 100,000 units in its first year of production. The article argues this outlook does not account for rising competition as legacy automakers slowly re-enter the US market, while US EV sales fell 30% in the first nine months of this year. Ford ranks third in US market share behind Toyota and GM, and its US sales are falling, though it has significant sales in China and the EU. The stock has fallen 38% over five years while the S&P rose 61%, and the article says Wall Street has reacted negatively to the company's sales and forecasts.

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Original headline: Ford’s 20% Sales Forecasts Meets A 38% Stock Collapse

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MarketUS stocks
SectorConsumer Discretionary
IndustryAutomobile Manufacturers
Market cap$1.6T
Close on 10/30/2026399.82
Change that session-0.86%
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