Ford Stock (NYSE: F) Today: EV Strategy Reset, LG Battery Deal Cancellation, and What Analysts Forecast for 2026
Ford stock fell 2.6% to $13.31 Thursday after the company confirmed it canceled a $6.5 billion EV battery supply deal with LG Energy Solution. Ford also disclosed a $19.5 billion charge tied to its EV strategy overhaul, with about $5.5 billion in expected cash impact through 2027. LGES shares dropped sharply on the news.