General Motors (NYSE:GM) Releases FY 2026 Earnings Guidance

General Motors (NYSE:GM) (TSE:GMM.U) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 12.750-13.750 for the period, compared to the consensus earnings per share estimate of 13.440.

General Motors Trading Down 1.4%

GM traded down $1.07 during trading on Wednesday, reaching $76.02. The company had a trading volume of 9,015,658 shares, compared to its average volume of 7,638,979. The firm’s 50-day simple moving average is $83.99 and its 200 day simple moving average is $81.23. The company has a market cap of $66.70 billion, a price-to-earnings ratio of 38.39, a PEG ratio of 0.46 and a beta of 1.40. General Motors has a 12-month low of $65.89 and a 12-month high of $91.85. 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 (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.69 by $0.01. The business had revenue of $50.02 billion for the quarter, compared to the consensus estimate of $48.78 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. General Motors’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.80 earnings per share. Equities research analysts anticipate that General Motors will post 13.53 earnings per share for the current year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, December 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.

General Motors announced that its board has initiated a share buyback plan on Tuesday, October 20th that permits the company to repurchase $20.00 billion in shares. This buyback authorization permits the auto manufacturer to repurchase up to 27.5% of its shares through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GM. Royal Bank Of Canada lowered their price target on General Motors from $102.00 to $98.00 and set an “outperform” rating on the stock in a research note on Wednesday. BNP Paribas Exane lifted their target price on shares of General Motors from $102.00 to $112.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. Tigress Financial boosted their target price on General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 28th. TD Cowen restated a “buy” rating and set a $132.00 price target on shares of General Motors in a research report on Wednesday. Finally, Wells Fargo & Company increased their price target on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus target price of $99.86.

Insiders Place Their Bets

In other news, EVP Grant Dixton sold 40,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at $4,863,492.48. This represents a 42.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief accounting officer owned 18,899 shares in the company, valued at $1,700,910. This represents a 26.73% decrease in their ownership of the stock. 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 valued at $49,010,828 over the last three months. 0.44% of the stock is owned by insiders.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM reported third-quarter revenue of approximately $50.0 billion, up 2.9% year over year, while adjusted earnings of $3.70 per share narrowly exceeded consensus. Adjusted EBIT rose 21.6% to $4.1 billion, supported by strong pickup-truck and SUV profitability. GM narrows 2026 EBIT guidance
• Positive Sentiment: The board authorized a record $20 billion multiyear share-repurchase program—potentially retiring up to 27.5% of outstanding shares—and maintained the quarterly dividend. The buyback could support EPS and signals management believes GM is undervalued. GM beat and added a $20 billion buyback
• Positive Sentiment: GM raised its 2026 adjusted automotive free-cash-flow outlook to $11.5 billion-$12.5 billion from $9.5 billion-$11.5 billion. Investors also see longer-term potential in subscription services such as OnStar and Super Cruise, along with AI, software and a new EV platform designed to shorten vehicle-development cycles. GM aims to develop vehicles with AI and software
• Neutral Sentiment: GM’s technology strategy includes AI-powered OnStar, centralized vehicle computing, faster software updates and a targeted “eyes-off” autonomous-driving capability for pickups and SUVs. These initiatives could create new revenue streams, but their financial impact remains longer term. GM is giving OnStar an AI makeover
• Negative Sentiment: GM narrowed its 2026 adjusted EBIT guidance to $14.5 billion-$15.5 billion while leaving the midpoint unchanged at $15 billion. Its updated full-year EPS range of $12.75-$13.75 also places the midpoint below the $13.44 analyst consensus, disappointing investors looking for another outlook increase.
• Negative Sentiment: Analysts warned that 2027 profits could face $1 billion-$1.5 billion of additional commodity and logistics costs. Profit concentration is another concern: roughly $3.6 billion of quarterly adjusted EBIT came from North America, leaving GM exposed to weaker U.S. demand, tariffs and slowing vehicle sales. GM Q3 earnings call weighs 2027 cost risks
• Negative Sentiment: EV demand has retreated to pre-tax-credit levels, while GM’s large buyback may boost per-share results without resolving underlying growth concerns. This combination explains why the stock decreased even after the earnings beat.

About General Motors

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.