NEW YORK, June 7, 2026, 14:04 EDT
- Ford ended its fifth day lower at $14.90. The NYSE trades 9:30 a.m. to 4 p.m. ET. Juneteenth, June 19, is the next full market holiday in 2026.
- Ford said its U.S. sales dropped 13.6% in May. EV sales were down 43.9% for the month.
- Ford Energy could be the swing factor this week as traders look past weak vehicle sales, more recall news and a sluggish market.
Ford Motor Co. heads into Monday with its spring run fading. Shares settled at $14.90 Friday, falling for a fifth day and now 16.2% off the 52-week high from May 29. With no trading move on Sunday, investors still face a last-week/next-week setup rather than market action.
Ford’s shares have jumped about 35% since early May, lifted by buzz around Ford Energy, Barron’s said this week. But Morgan Stanley’s Andrew Percoco still rates the stock at Hold and left his price target at $17. He said the market could be overvaluing potential energy earnings.
Sellers took over Friday after the May jobs numbers. S&P 500 dropped 2.64%. The Dow was off 1.35%. The Nasdaq tumbled 4.18%. The market reacted to the jobs report, which brought back fears that the Federal Reserve could stay hawkish, holding rates up or pushing them higher to manage inflation. “The dam just broke today,” said Ryan Detrick, chief market strategist at Carson Group. Reuters
Ford dropped 2.87%, landing between Tesla’s 6.56% slide and a 1.12% loss for General Motors. Trading volume in Ford beat its 50-day average, which suggests investors were active ahead of the weekend.
Ford reported weaker demand in its latest update. The automaker said May U.S. sales dropped 13.6% to 190,828 units. Electric vehicle sales slumped 43.9%, hybrids fell 15.7%, and combustion engine models slipped 12.3%. F-Series sales, a big profit driver for Ford, fell 13.3%. The Maverick, Explorer, and Transit all gained.
File stayed open. Reuters said Wednesday that Ford is recalling 419,967 U.S. Expeditions and Lincoln Navigators over seat belts that might not retract or extend right, which could mean they won’t hold occupants in a crash.
AP said there’s also a do-not-drive warning covering around 4,600 Bronco Sport and Maverick vehicles because some lower control-arm ball joints might have been put in wrong or fixed incorrectly. The numbers are small against Ford’s monthly sales, but the recalls keep hitting the news as management works to convince investors it’s making progress on warranty and quality costs.
Ford Energy stands out as the counterweight here. Last month, Reuters said Ford’s energy division signed a five-year deal with EDF Power Solutions North America. The agreement gives EDF an option to buy as much as 20 gigawatt-hours of BESS — these are big battery energy storage systems — with first deliveries in 2028.
Ford CEO Jim Farley is linking the business to margin, focusing on profit for every sales dollar. On the April earnings call, Farley said Ford was “very active in contracting customers,” and described energy as “the key element” for Ford to reach an 8% margin. Q4 Communications
The risk is clear too. With rates higher, auto affordability could get hit. May numbers came in soft for EVs and trucks. More recall stories could shake trust in execution again. Ford still has exposure on commodities. CFO Sherry House told analysts they would update the market if prices “go up substantially.” Q4 Communications
Week ahead is about results, not talk. The NYSE is closed again for a full day on June 19, core trading stays at 9:30 a.m. to 4 p.m. ET. Ford investors are back Monday, looking to see if $14.90 brings in buyers, if rate worries keep hitting cyclical stocks, and whether the Ford Energy theme can stand up to lingering Detroit issues.
