Piper Sandler Reaffirms Ford’s Overweight Rating
Piper Sandler analyst Alexander Potter reiterated on January 26, 2026, an ‘Overweight’ rating and $16 price target on Ford.
“Warranty as a Source of Upside (for a Change)
It’s no secret that Ford has a reputation for poor quality.
In terms of warranty expense, Ford has outspent GM (as a % of vehicle price) in 24 of the past 27 quarters.
But if Ford addresses this problem in 2026, which seems possible, then the company could book up to $2.8B in “free” incremental EBIT, relative to 2025, equating to a y/y EPS tailwind of $0.54.
If it materializes, this earnings boost would complement strong trends in Ford Pro, which is Ford’s highest-margin segment (levered to housing).
EV losses should also improve y/y, due to lower spending on regulatory credits and lower structural cost, due to write-downs.
Overweight-rated F is our favorite idea in 2026.”
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
