employees work on the 40 millionth ford motor co fseries truck on the assembly line at the ford dearborn truck plant on january 26 2022 in dearborn michigan wall street hailed ford motors plans to internally separate its legacy and electric vehicle businesses announced wednesday pushing the automakers stock to its fifthhighest daily gain in the past 12 months but wall street analysts werent sold on all aspects of the changes under ceo jim farleys ford turnaround plan for the detroit automaker some analysts still call for a full spinoff of one of the businesses others question whether ford can achieve a 10 operating profit margin across its businesses by 2026 while increasing global ev production to 2 million units by that timeframe morgan stanley analyst adam jonas in a note to investors wednesday called the ev target an aspirationalstretch goal he cited little confidence in ford and others such as general motors which has announced similar goals to secure enough raw materials tooling and supply chain resources in sufficient quantity and qualityefficacy to deliver on an ev number anywhere near this level within 4 years morgan stanley expects ford to produce 560000 ev units by 2026 and estimates the companys adjusted operating profit margin on evs to be only 4 by 2026 not 10 however jonas cited there could be some upside the research firm isnt taking into account just yet