Analysts raise ratings for both automakers, citing improved profitability and free cash flow projections by 2027.
General Motors (GM) and Ford (F) shares rose Monday after Jefferies upgraded its outlook for both companies. The firm anticipates increased profitability and free cash flow for the automakers by 2027, following second-quarter performance reviews.
Prior to the upgrade, both stocks had shown mixed trends, with GM trading near year-to-date averages and Ford slightly below. Analysts had previously flagged supply chain and EV transition risks as headwinds for the sector.
The upgrade reflects growing confidence in the companies’ long-term growth strategies, particularly in electric vehicles and cost management.