Fiery setback not enough to knock Ford out of cruise control

Ford Motor F.N cut its profit forecast on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of some of its most lucrative vehicles through year-end

The automaker's shares rise nearly 4% to $12.8 premarket

SUPPLIES ON FIRE, BUT PROFITS WON’T MELT

Daiwa Capital Markets ("neutral") says Ford’s $0.75 billion cut to profit guidance is mainly due to losing production of 90,000–100,000 vehicles from the aluminum supply issue, partly offset by a $1 billion cut in tariff costs from credits on U.S.-assembled vehicles

Piper Sandler ("neutral," PT: $11) says if not for a recent fire at Novelis (Ford's aluminum supplier), the company would've boosted guidance; Co should operate at more profitable run-rate after supply normalizes next year

Jefferies ("hold," PT: $12) says Ford’s overall performance is still moving toward the higher end of what the co forecasted in early 2025, pre-tariffs

Morningstar (fair value: $16) says Ford’s automotive costs (excluding tariffs) have dropped for five straight quarters, which they see as a sign of consistent progress; CEO Jim Farley’s team steadily making Ford more efficient

Ford share price vs. median price target