# UBS upgraded Ford Motor to buy from neutral.

*fintech · news · 2026-04-14 · CNBC*

## Key points

- UBS upgraded Ford to 'buy' from 'neutral' despite recent concerns over aluminum and gas prices.
- Ford has hedged its aluminum exposure for 2024, reducing risk from recent price spikes.
- Steel pricing for Ford is already contracted through 2026, limiting commodity cost uncertainty.
- UBS projects Ford could reach $3 EPS after 2027 due to product and regulatory advantages.

**Companies:** Ford Motor, Novelis
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/14/buy-the-dip-on-ford-as-aluminum-fears-are-overblown-says-ubs.html)

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