Ford Motor shares fell over 7% midday Friday, reversing a two‑day rally that had lifted the stock nearly 21%.
Barclays analyst Dan Levy called the AI‑driven surge "overdone", but highlighted a $400 million YoY warranty cost reduction in Q1, the first since Q4 2021.
Levy’s EBIT estimate for 2026 is $10.5 billion, above the consensus $9.2 billion, and he kept an Equalweight rating with a $13 price target.
Morgan Stanley’s Andrew S. Percoco noted Ford Energy’s licensing deal with CATL could offset EV losses, positioning Ford as a storage supplier.