Piper Sandler Increases Ford’s PT to $11

Piper Sandler analyst Alexander Potter upgraded on January 8, 2026, Ford from ‘Neutral’ to ‘Overweight’ with a price target of $16 (from $11).

“Ford’s recent EV capitulation was a welcome development.

It may seem like Ford is “mortgaging the future” in the name of selling more gasoline pickups, but this isn’t necessarily true.

Ford’s next-gen EV platform aligns with the modern manufacturing philosophy championed by Tesla and Chinese OEMs; Ford was likely never going to be relevant if management insisted on selling first-generation electric vehicles, all of which were highly unprofitable (and not especially compelling).

Between now and 2027, when the next-gen platform launches, Ford is poised to grow margins through lower warranty spending and favorable mix.

We’re upgrading to Overweight and boosting our price target to $16, up from $11 previously.”

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