JPMorgan Chase & Co. Has Lowered Expectations for General Motors (NYSE:GM) Stock Price

General Motors (NYSE:GM) (TSE:GMM.U) had its price objective dropped by equities researchers at JPMorgan Chase & Co. from $120.00 to $110.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the auto manufacturer’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 30.86% from the company’s current price.

A number of other research firms have also issued reports on GM. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Friday, July 17th. Barclays boosted their target price on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group upped their target price on shares of General Motors from $103.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Royal Bank Of Canada raised their price target on shares of General Motors from $100.00 to $102.00 and gave the company an “outperform” rating in a report on Monday. Finally, Tigress Financial raised their price target on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $101.22.

General Motors Price Performance

GM stock opened at $84.06 on Monday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. General Motors has a 1 year low of $54.33 and a 1 year high of $91.85. The firm has a market cap of $73.76 billion, a P/E ratio of 6.55, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40. The stock has a 50-day simple moving average of $84.60 and a 200-day simple moving average of $80.95.

General Motors (NYSE:GM) (TSE:GMM.U) last announced 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 business 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 company’s revenue was up 1.9% on a year-over-year basis. During the same period last year, the business posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities analysts predict that General Motors will post 13.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer directly owned 18,899 shares in the company, valued at approximately $1,700,910. This represents a 26.73% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the sale, the executive vice president directly owned 54,992 shares of the company’s stock, 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 sold a total of 549,665 shares of company stock worth $49,010,828 over the last 90 days. 0.44% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On General Motors

Several hedge funds and other institutional investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. raised its stake in shares of General Motors by 19.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 12,593 shares of the auto manufacturer’s stock valued at $970,000 after purchasing an additional 2,029 shares in the last quarter. RHS Financial LLC grew its stake in General Motors by 14.5% in the third quarter. RHS Financial LLC now owns 6,722 shares of the auto manufacturer’s stock worth $518,000 after purchasing an additional 853 shares in the last quarter. Lincoln Capital Corp acquired a new position in General Motors in the third quarter worth about $253,000. NorthCrest Asset Manangement LLC increased its holdings in General Motors by 13.9% in the third quarter. NorthCrest Asset Manangement LLC now owns 15,892 shares of the auto manufacturer’s stock valued at $1,307,000 after buying an additional 1,936 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in General Motors by 2.6% in the third quarter. Avior Wealth Management LLC now owns 5,251 shares of the auto manufacturer’s stock valued at $404,000 after buying an additional 134 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

Key Stories Impacting General Motors

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Earnings optimism: GM is scheduled to report third-quarter results before the market opens on October 20. Analysts expect year-over-year earnings growth, and the company’s history of earnings surprises is raising expectations for another beat. GM likely to report higher Q3 earnings
• Positive Sentiment: Higher profit forecasts and price targets: Erste Group lifted its FY2026 EPS estimate to $13.60 from $13.55 and its FY2027 estimate to $15.20 from $15.15. RBC also raised its price target to $102 from $100 while maintaining an Outperform rating. RBC lifts GM price target
• Positive Sentiment: EV investment and employment: GM and LG plan to invest in next-generation lithium-manganese-rich batteries at the Spring Hill, Tennessee complex, potentially creating approximately 500 jobs and expanding GM’s U.S. EV manufacturing capabilities. GM and LG to invest in U.S. EV batteries
• Positive Sentiment: Technology initiatives: CEO Mary Barra reaffirmed plans to launch “eyes-off, hands-off” driver assistance by 2028, initially on the electric Cadillac Escalade IQ. GM Defense is also prototyping a self-driving Chevrolet Silverado HD for the U.S. Army, providing potential long-term software and defense opportunities. GM CEO discusses eyes-off driving
• Neutral Sentiment: Analyst support remains mixed: JPMorgan retained an Overweight rating but reduced its price target to $110 from $120. The new target still implies substantial upside, but the cut signals some caution around GM’s outlook. GM analyst forecasts
• Negative Sentiment: Product-safety concerns: Reports that grille components can detach from a top-selling GM truck, along with a recall involving air-bag inflator end caps in 1,559 Chevrolet Silverado and GMC Sierra pickups, could create warranty, regulatory, and reputational risks. GM truck safety concerns

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.