Honda stock price forecast data from Bloomberg highlights foreign

Data from Bloomberg highlights foreign institutional buying in Honda’s ADR as yen weakness increases profitability. Short-term honda stock price forecast expects price action to test mid-$34 levels before consolidating. GM once again led the market, with total sales of 219k units, and a market share of 17.6%, its highest share since April. Toyota Group ranked second, with volumes of 186k units, but its market share was only 14.9%, the OEM’s lowest since March. Ford Group came in third, with sales of 160k units, and a share of 12.9%. The most unexpected result in September, however, was that Stellantis recorded its highest market share since June 2024, at 8.9%, and it was the first time that Stellantis had beaten Honda Group since that same month. A higher fleet share than is normal for several Stellantis brands appeared to partly explain this performance. S&P 500 futures last traded around 0.1%, while Dow futures advanced 92 points, or 0.2%. Nasdaq 100 futures were near flat. Investor updates underscore consistent free cash flow growth, enabling greater R&D spend. This increases the probability of upward revisions in the honda stock price forecast should product launches exceed market expectations.