I Know First Weekly Review Algorithmic Performance: June 8th, 2021


I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
June 8, 2021

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Ford Stock Forecast: Electric Vehicles Boosting Sales and Future

This Ford stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Ford Motor Company has a good year so far in 2021. The stock price went up by 68.66% YTD
  • With a new electric car that is giving Tesla tough competition and its plans to invest $30B in the electric vehicle segment, Ford is preparing for the future.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • F deserves a one-year target price of $21, representing potential revenue growth.

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Ford Stock Forecast: An Algorithmic Forecast (F)

I Know First published a bullish article on Ford, an American automobile manufacturer, on Seeking Alpha. Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for Ford are included.

ford stock forecast

Ford Stock Forecast For 2015 Based On A Predictive Algorithm

Summary

  • Ford Motor Company, an American ford stock forecastmultinational automaker that is America’s second-largest in terms of size, and the world’s fifth-largest in terms of sales, is well-known around the world.
  • While Ford is generally well-regarded, recent events in Russia and Venezuela have resulted in Ford’s Q4 profitability dropping, and have prevented Ford’s European operations from breaking even in 2015.
  • Though this may be interpreted as problematic, analysts still recommend holding on to Ford; Ford’s fundamentals remain strong.
  • I Know First algorithm predicts a strongly bullish forecast for Ford in the one-month and three-month time frames.

Company Profile

The Ford Motor Company (NYSE: F) is an American multinational automaker that's become a household name, and for due cause. Incorporated in 1903, the company has been selling commercial and luxury cars for quite some time, and has also, on occasion, produced tractors and automotive components. While it has been involved in several industries, then, Ford is most renowned for being an automaker - in the U.S., it is second to only General Motors in terms of size, and is the fifth-largest in the world based on 2010 vehicle sales.

Read the full article on Seeking Alpha