General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) had its target price upped by stock analysts at JPMorgan Chase & Co. from $110.00 to $120.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the auto manufacturer’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 48.77% from the stock’s previous close.
Several other research firms also recently commented on GM. Benchmark reiterated a “buy” rating on shares of General Motors in a research report on Tuesday. Morgan Stanley boosted their price target on General Motors from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Evercore reiterated an “outperform” rating and issued a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Finally, Piper Sandler reiterated an “overweight” rating and set a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $99.59.
Get Our Latest Analysis on General Motors
General Motors Stock Down 1.8%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.18 by $0.39. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. During the same quarter last year, the business posted $2.53 EPS. General Motors’s revenue for the quarter was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities analysts predict that General Motors will post 12.98 EPS for the current fiscal year.
Insider Buying and Selling at General Motors
In related news, CEO Mary T. Barra sold 99,239 shares of General Motors stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the transaction, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at $50,399,794.20. The trade was a 14.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the completion of the sale, the executive vice president owned 37,395 shares in the company, valued at $3,177,453.15. The trade was a 19.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 697,388 shares of company stock worth $57,752,596. Insiders own 0.54% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of GM. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors in the 4th quarter valued at $25,000. SouthState Bank Corp raised its stake in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the last quarter. Evergreen Advisors LLC acquired a new position in General Motors in the first quarter valued at $26,000. Kemnay Advisory Services Inc. acquired a new position in General Motors in the fourth quarter valued at $30,000. Finally, Founders Capital Management bought a new stake in General Motors during the fourth quarter valued at $31,000. Institutional investors and hedge funds own 92.67% of the company’s stock.
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s second-quarter results beat expectations again, marking its 16th straight earnings beat, while adjusted EPS rose sharply year over year and management raised 2026 profit/EBIT guidance. Article Title
- Positive Sentiment: Analysts turned more constructive after earnings, with JPMorgan lifting its price target to $120 and reiterating an overweight rating, reinforcing bullish sentiment around GM’s valuation. Article Title
- Positive Sentiment: Commentary highlighted GM as better positioned than Tesla after Q2, citing stronger fundamentals, disciplined pricing, robust cash flow, and a much lower valuation. Article Title
- Positive Sentiment: GM is also drawing attention for capital returns, with recent coverage emphasizing that it has spent more than $4 billion on share buybacks, supporting shareholder value. Article Title
- Neutral Sentiment: GM announced a collaboration with IONATE to modernize electrical infrastructure at its Romulus manufacturing plant, a positive-looking operational initiative but not yet a major earnings driver. Article Title
- Neutral Sentiment: GM is reportedly pursuing a $1 billion U.S. Army contract for Chevy pickup-based vehicles, which could create a long-term revenue opportunity but remains early-stage. Article Title
- Negative Sentiment: GM faces ongoing overhangs from EV losses, industry competition, and labor disruptions in Korea, which could limit upside despite the strong quarter. Article Title
General Motors Company Profile
General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.
GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.
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