Bernstein downgraded Ford stock to "underperform" from "market perform"
Ford Motor Co (NYSE:F) is under pressure this morning, last seen down 2.7% to trade at $8.46 ahead of the open, as automaker stocks broadly retreat following the implementation of new U.S. tariffs targeting dozens of countries. Adding to the headwinds, Bernstein downgraded F to "underperform" from "market perform," citing weakening consumer confidence and the timing of the tariffs, which it believes could “significantly affects Ford.”
On the charts, Ford stock is on track to breach the $8.50 level for the first time since January 2021, deepening its technical troubles. The equity is already nursing a 34.2% year-over-year deficit and has shed 10.8% in 2025 alone. With shares eyeing a third consecutive daily loss before the session even begins, bearish momentum appears firmly in control.
Wall Street sentiment isn’t offering much relief, either. Analysts remain overwhelmingly pessimistic on Ford stock, with 19 of 23 brokerages maintaining a “hold” or worse rating. Options traders are showing a similarly bearish stance at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). Ford stock's 50-day put/call volume ratio ranks in the 98th percentile of annual readings, pointing to a stronger-than-usual preference for long puts over calls.