General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) had its price target decreased by JPMorgan Chase & Co. from $120.00 to $110.00 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the auto manufacturer’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 33.15% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. Barclays increased their price target on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Royal Bank Of Canada increased their price target on shares of General Motors from $100.00 to $102.00 and gave the stock an “outperform” rating in a research report on Monday. 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, July 22nd. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and raised their price objective for the company from $90.00 to $99.00 in a research note on Monday, July 27th. Finally, TD Cowen reaffirmed a “hold” rating on shares of General Motors in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $101.22.
Check Out Our Latest Research Report on GM
General Motors Stock Performance
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts predict that General Motors will post 13.52 earnings per share for the current year.
Insider Buying and Selling at General Motors
In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the transaction, the chief accounting officer directly owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. The trade was a 26.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Dixton sold 40,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares in the company, valued at $4,863,492.48. The trade was a 42.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 549,665 shares of company stock valued at $49,010,828 over the last ninety days. Insiders own 0.44% of the company’s stock.
Hedge Funds Weigh In On General Motors
Several large investors have recently added to or reduced their stakes in GM. Bogart Wealth LLC grew its stake in shares of General Motors by 17.0% in the 2nd quarter. Bogart Wealth LLC now owns 949 shares of the auto manufacturer’s stock worth $73,000 after acquiring an additional 138 shares in the last quarter. Intelligence Driven Advisers LLC grew its stake in General Motors by 2.0% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 7,236 shares of the auto manufacturer’s stock valued at $557,000 after purchasing an additional 143 shares during the period. MinichMacGregor Wealth Management LLC raised its stake in shares of General Motors by 3.8% during the 1st quarter. MinichMacGregor Wealth Management LLC now owns 3,975 shares of the auto manufacturer’s stock worth $296,000 after purchasing an additional 144 shares during the period. Signaturefd LLC grew its position in General Motors by 0.9% during the second quarter. Signaturefd LLC now owns 17,150 shares of the auto manufacturer’s stock valued at $1,322,000 after buying an additional 157 shares during the period. Finally, Wilkerson Advisory Group LLC raised its position in General Motors by 25.5% in the second quarter. Wilkerson Advisory Group LLC now owns 797 shares of the auto manufacturer’s stock worth $61,000 after acquiring an additional 162 shares during the period. Institutional investors 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: RBC raised its price target to $102 from $100 and reiterated an Outperform rating, citing expectations for resilient U.S. vehicle demand. RBC also expects GM and other U.S. automakers to benefit from a solid seasonally adjusted annual sales rate. RBC Lifts Price Target on General Motors to $102 From $100, Keeps Outperform Rating Tesla, General Motors, Other US Automakers Expected to Benefit From Resilient SAAR, RBC Says
- Positive Sentiment: GM is advancing its driver-assistance and autonomous-driving strategy, using simulator testing to study driver behavior and planning an advanced system for the 2028 Cadillac Escalade IQ. Progress in software-enabled services could support longer-term growth and differentiation. From Hands-Free to Eyes-Off: How General Motors Is Simulating Its Way to Autonomous Driving
- Positive Sentiment: GM and LG plan additional U.S. EV-battery investment, potentially improving domestic battery capacity and supporting GM’s electric-vehicle ambitions. GM’s strong truck and SUV franchise, financing business and relatively low forward valuation remain part of the investment case. GM, LG to Invest in US EV Batteries General Motors Stock Has a Low Valuation. Can it Sustain Earnings Growth?
- Neutral Sentiment: Patrick Finnegan was named Chevrolet’s global marketing director, a management change aimed at supporting the brand’s worldwide positioning but with no immediate financial impact. General Motors’ Patrick Finnegan Named Chevrolet’s Global Marketing Director
- Negative Sentiment: GM is using forced employee rankings as it reshapes its workforce amid technology competition. The move could improve efficiency, but it also signals restructuring risk and potential employee disruption. GM Uses Forced Ranking to Reshape Workforce as Tech Competition Intensifies
- Negative Sentiment: A safety recall involving air-bag inflator end caps affects 1,559 Chevrolet Silverado and GMC Sierra pickups, while ending Silverado 1500 production at Oshawa raises questions about plant utilization and regional employment. Air Bag Inflator End Caps Can Detach in 1,559 Chevy Silverado and GMC Sierra Pickups GM Confirms Silverado 1500 Production Will End at Oshawa
About General Motors
General Motors Company (NYSE:GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.
GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.
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