Ford Stock Rockets 10% on Q3 Earnings – Can EV Blues and Recall Woes Stop the Rally?
Ford’s Q3 report showed the strength of its core businesses. Wall Street cheered the upside surprise: revenue of $50.5B and EPS of $0.45 easily topped forecasts reuters.com. In after-hours trading on Oct. 23 the stock leapt again, taking the price to about $13.68 by Oct. 24 ca.investing.com. TechStock² notes that this rally broke above Ford’s long-standing trading range, with momentum indicators still healthy ts2.tech. The market seems to be rewarding Ford’s focus on profitable growth areas, notably commercial fleets and full-size trucks. Indeed, Ford’s “Blue” vehicles and its Ford Pro fleet division drove most of the gains, while the EV arm remains unprofitable ts2.tech. At the same time, management reiterated that Ford is navigating one-off headwinds. The Sept. 16 fire at Novelis’ NY aluminum plant is expected to cut roughly $1.5–$2.0 billion from Ford’s 2025 results reuters.com. To account for that disruption, Ford trimmed full-year operating profit guidance to $6.0–$6.5B reuters.com. CEO Jim Farley has been active on this, visiting the plant site and securing alternate supplies. As Farley put it, the team has made “substantial progress…to minimize the impact in 2025 and recover production in 2026” ts2.tech. Ford also plans to add shifts in Michigan and Kentucky next year