Once, it was Apple that dazzled with curious patents. But move aside, Apple; Ford is the new spectacle in town with its peculiar patents. Think “holographic guard dogs and cops safeguarding your vehicle.” This unconventional notion spooked investors, leading to a sharp 4% drop in share prices during Tuesday’s trading session.
The patent under scrutiny introduces “multiple integrated holographic camera modules” to generate “interactive holograms” inside and outside a vehicle. While Ford might not actualize this concept, the mere thought of a fierce dog chasing potential thieves might give them second thoughts.
However, a quandary looms over liability. If someone bolts away from your car after being frightened by an illusory hound and ends up with a sprained ankle, does the driver bear responsibility for medical expenses? Moreover, if the thief survives this surreal encounter, how fast until they shrug off the next holographic threat?
Exploring Ford’s Investment Appeal
Looking to the experts on Wall Street, they maintain a Moderate Buy stance on F stock. This consensus stems from five Buy ratings, nine Holds, and one Sell issued in the recent quarter, as depicted in the visual below. Despite a 10.26% loss in its stock value over the past year, the average F price target of $13.75 per share predicts a substantial 33.82% upside potential.
Discover more Ford analyst ratings here.