Morgan Stanley and Canaccord Cut Price Targets on Joby Aviation (JOBY) after Q1 Update
Key takeaways
- On May 18, RBC maintained a Sector Perform rating on Ford Motor Company (NYSE:F).
- Ford Motor Company (NYSE:F) develops and delivers Ford trucks, SUVs, commercial vans, and cars, along with Lincoln luxury vehicles.
- While we acknowledge the potential of F as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
RBC Maintains Sector Perform on Ford Motor Company (F) Following EDF Agreement Vardah Gill Tue, May 26, 2026 at 7:56 PM GMT+7 2 min read F Ford Motor Company (NYSE:F) is included among the 10 Best Stocks Under $15 to Buy Right Now.
On May 18, RBC maintained a Sector Perform rating on Ford Motor Company (NYSE:F). It also set a $13 price target on the stock. Ford Motor Company Energy announced a five-year framework agreement with EDF Power Solutions North America to supply 4 GWh of battery energy storage systems annually beginning in 2028. RBC Capital said the agreement validates demand for Ford’s repurposed battery capacity and supports the company’s broader energy storage strategy. The firm also noted that uncertainties tied to component sourcing, profitability, and future capacity expansion suggest much of the near-term upside may already be reflected in the stock.
Also on May 18, Morgan Stanley commented on the agreement after Ford Energy announced plans to deliver up to 4 GWh per year to support grid-scale renewable integration and grid resilience. The firm said the deal strengthens Ford’s position as a domestic supplier of battery energy storage systems. Morgan Stanley added that it believes “this is the first of potential several large customer announcements this year” and described the agreement as a “first big win for Ford Energy.” The firm maintained an Equal Weight rating on Ford shares.