Bears and bulls analyze and tear apart Ford and Ferrari

Meanwhile, Macquarie gives a positive outlook on Toyota

Feb 11, 2025 - 14:42
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Bears and bulls analyze and tear apart Ford and Ferrari

It's been another week, and Ford's strong earnings leave some analysts unconvinced. Ferrari stock gets a downgrade from Barclays while Deutsche Bank weighs in on the luxury automaker,r and Toyota gets a positive outlook from Macquarie. 

The Ford Bronco at the Chicago Auto Show. Ford's strong Q4 earnings have left analysts unconvinced in their reports. 

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On Wednesday, February 5, Dearborn-based automaker Ford  (F)  announced pretty stellar Q4 2024 and full-year 2024 earnings results. 

In Q4, the Blue Oval reported revenue of $48.2 billion, a net income of $1.8 billion and an adjusted EBIT of $2.1 billion. For the whole year of 2024, Ford reported revue topping $185 billion, a net income of $5.9 billion and an adjusted EBIT of $10.2 billion. 

Ford's number crunchers forecast that the automaker will take him an adjusted EBIT between $7-8.5 billion.