Bank of America Calls Ford Top 2026 Pick on Truck, SUV Profit Surge
Bank of America ranked Ford as a top 2026 pick, citing lifted emissions penalties that boost high-margin truck and SUV sales. It forecasts EV sales to fall over 20% and labels 2026 the 'year of the pickup' as pent-up demand and aging fleets drive US auto gains.
1. Bank of America Names Ford Top 2026 Pick
Bank of America highlighted Ford as one of its top three automaker selections for 2026, alongside Tesla and GM, based on a sum-of-the-parts valuation and prospects for diversified profit streams in mobility and energy.
2. Regulatory Changes Boost Truck, SUV Profit Margins
Recent removal of emissions penalties enables Ford to prioritize high-margin trucks and SUVs, reducing focus on lower-margin EV models and improving near-term profitability in North America.
3. Forecasted EV Decline and the 'Year of the Pickup'
The bank anticipates a greater than 20% drop in EV sales as incentives phase out and programs are delayed or canceled, while aging vehicle fleets and pent-up demand drive combustion vehicle volume.
4. Ford's Auto 2.0 Investments
Alongside traditional vehicle profitability, Ford is investing in autonomous technology, robotaxis and energy-storage solutions to position itself for long-term growth in the emerging Auto 2.0 era.