General Motors (NYSE:GM) Stock Gets Price Target Reduction from Royal Bank Of Canada

General Motors (NYSE:GM) (TSE:GMM.U) had its target price lowered by equities researchers at Royal Bank Of Canada from $102.00 to $98.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the auto manufacturer’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 26.98% from the company’s previous close.

Several other research firms also recently weighed in on GM. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $101.00 price target on shares of General Motors in a research note on Friday, October 9th. Barclays reiterated an “overweight” rating and set a $105.00 price objective on shares of General Motors in a research note on Wednesday. Truist Financial set a $105.00 target price on General Motors in a report on Wednesday, October 7th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Thursday, October 15th. Finally, UBS Group reissued a “buy” rating on shares of General Motors in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, General Motors has an average rating of “Moderate Buy” and an average price target of $100.64.

General Motors Trading Down 6.7%

Shares of NYSE GM opened at $77.17 on Wednesday. General Motors has a 1 year low of $62.36 and a 1 year high of $91.85. The stock has a market cap of $67.72 billion, a P/E ratio of 38.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40. The firm has a 50-day moving average of $83.99 and a 200 day moving average of $81.23. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.01. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business had revenue of $50.02 billion for the quarter, compared to analysts’ expectations of $48.78 billion. During the same quarter in the prior year, the company earned $2.80 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. As a group, sell-side analysts expect that General Motors will post 13.53 EPS for the current fiscal year.

General Motors declared that its Board of Directors has authorized a share repurchase program on Tuesday, October 20th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the auto manufacturer to reacquire up to 27.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other General Motors news, CEO Mary Barra sold 318,448 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the sale, the chief executive officer directly owned 428,994 shares in the company, valued at approximately $38,772,477.72. This trade represents a 42.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark Reuss sold 71,079 shares of General Motors stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the completion of the sale, the president directly owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 in the last three months. Corporate insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On General Motors

Large investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of General Motors in the 2nd quarter valued at approximately $5,958,995,000. Dimensional Fund Advisors LP boosted its holdings in shares of General Motors by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock worth $1,059,668,000 after purchasing an additional 77,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of General Motors by 1.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,559,990 shares of the auto manufacturer’s stock valued at $659,804,000 after purchasing an additional 101,885 shares during the last quarter. Bank of America Corp DE bought a new position in shares of General Motors during the 2nd quarter valued at approximately $629,465,000. Finally, Legal & General Group Plc bought a new position in shares of General Motors during the 2nd quarter valued at approximately $599,066,000. 92.67% of the stock is currently owned by institutional investors.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM reported record third-quarter revenue of approximately $50.0 billion, adjusted EBIT of $4.1 billion and adjusted earnings of $3.70 per share, slightly ahead of consensus. Core profits rose on strong North American pickup-truck and SUV demand. GM third-quarter results and guidance
• Positive Sentiment: The board authorized a multiyear $20 billion share-repurchase program, potentially reducing the share count and supporting earnings per share. GM also declared its regular quarterly dividend of $0.18 per share. GM buyback and dividend announcement
• 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, helped by stronger operating performance and cash generation. GM cash-flow outlook
• Neutral Sentiment: Management narrowed its full-year adjusted EBIT forecast to $14.5 billion-$15.5 billion from $14.0 billion-$16.0 billion, leaving the midpoint unchanged at $15 billion. The tighter range provides clarity, but investors interpreted the lack of an upward revision as evidence that near-term profit growth may be leveling off.
• Negative Sentiment: Profitability remains heavily dependent on North American trucks and SUVs, while EV demand has weakened after the repeal of the $7,500 tax credit. Planned production pauses, rising costs and GM’s closure of the Brownstown battery plant added to concerns about future growth. GM EV demand commentary
• Negative Sentiment: The buyback drew criticism from the UAW, which argued that capital could instead support workers and domestic investment. More broadly, investors questioned whether repurchases can offset stagnant operating earnings and leverage concerns.

General Motors Company Profile

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.