Ford rises after forecasting strong annual results

Shares of Ford F.N rise 1.2% to about $13.70 premarket after co forecasts strong annual results

CEO Jim Farley predicts strong performance this year as the automaker slashes costs and works to produce globally competitive models

Co projects earnings before interest and taxes of $8 billion to $10 billion for 2026, within analysts' mean expectation of $8.78 billion - data compiled by LSEG

Misses fourth-quarter earnings forecast due to higher-than-expected costs from a fire at an aluminum supplier

3 of 23 brokerages rate the stock "buy" or higher, 18 "hold" and 2 "sell" or lower; median PT is $13.5 - LSEG data

As of last close, shares up about 3.4% YTD