Ford shares shed earnings gains with 97% of cash target still ahead in H2 (NYSE:F)

Ford stock continued to climb in premarket trade on Thursday, reaching $15.36 as of 7:49 a.m. EDT. The shares rose 2.14% on Wednesday, bucking declines across both the broader market and the auto sector.

Ford stock rose ahead of Wednesday's opening bell as the automaker boosted its yearly profit guidance. Shares last finished Tuesday at $14.96, gaining 1.91%.

DETROIT, July 23, 2026, 08:07 EDT – Ford shares declined after an agreement in Spain drew attention to the automaker’s 370,000 unused production slots, intensifying concerns over plant underutilization.

DETROIT, July 20, 2026, 15:05 EDT — Ford shares moved lower in early New York trading after the automaker reached a Canadian labor agreement that preserves truck production capacity while limiting the company’s expenses.

Ford reduced its warranty accrual for new warranties by 18.7% in the first quarter compared to a year earlier. However, cash disbursements for warranties and field actions increased 2.1% to $1.49 billion.

Ford Motor Company has a smaller Canadian labor risk going into Monday after it landed a tentative three-year deal with Unifor for over 5,000 employees. The sides struck the agreement over the weekend, beating the September 20 contract expiration by more than two months. The pact needs union members to sign off.

Ford Motor Company climbed 3.1% to $14.04 in Friday afternoon trading, adding about $1.7 billion to its market value. That paper gain was almost as large as the $2 billion Ford has committed to its battery-storage business.

Ford Motor Company heads into the week with more focus on inventories than the raw sales figures suggest. Shares slid every day during the shortened U.S. week and finished Thursday at $13.36, off 5.5% since June 26. The SPDR S&P 500 ETF Trust gained 2.2% over the same stretch by this reporter’s check of historical closes. S&P 500 was up 1.8% for the week, per AP market data. U.S. exchanges were shut Friday for the Independence Day holiday.