General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) was upgraded by research analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a $96.00 price objective on the auto manufacturer’s stock. Wolfe Research’s target price suggests a potential upside of 25.43% from the company’s previous close.
GM has been the topic of several other reports. HSBC upped their price objective on shares of General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Citigroup lifted their target price on shares of General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Wells Fargo & Company upped their price target on shares of General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a research note on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Finally, Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $91.58.
Read Our Latest Research Report on General Motors
General Motors Trading Up 1.1%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. The company had revenue of $45.29 billion during the quarter, compared to analysts’ expectations of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The business’s revenue was down 5.1% on a year-over-year basis. During the same period last year, the firm posted $1.92 earnings per share. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Sell-side analysts forecast that General Motors will post 11.44 earnings per share for the current year.
General Motors announced that its board has authorized a share repurchase plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Hedge Funds Weigh In On General Motors
Several hedge funds and other institutional investors have recently added to or reduced their stakes in GM. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors during the 4th quarter worth $25,000. Elevation Wealth Partners LLC lifted its position in General Motors by 500.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 275 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in General Motors during the third quarter worth about $29,000. SouthState Bank Corp grew 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 in the last quarter. Finally, Kelleher Financial Advisors bought a new position in General Motors in the 3rd quarter valued at about $29,000. 92.67% of the stock is owned by institutional investors and hedge funds.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM will invest $600 million in its South Korean unit to upgrade manufacturing and products — a near-term capital commitment that supports global production flexibility and localized product improvement, and signals management is funneling cash into growth/efficiency where needed. GM to invest $600 million in South Korean unit
- Positive Sentiment: GM has begun public road testing of its next‑generation “eyes‑off” autonomous driving tech (targeted for the 2028 Cadillac Escalade IQ). This advances commercialization of higher‑margin software and mobility offerings and reduces technical/time risk versus lab‑only testing. GM Just Started Testing Autonomous Vehicle Features On Public Roads
- Positive Sentiment: Analyst and market commentary point to rising confidence in GM’s margin/strategy story after management presentations (profit‑first roadmap), helping buoy investor sentiment and multiple expansion. This supports the stock alongside recent EPS beats and FY‑2026 guidance. What drove General Motors stock higher on Monday?
- Positive Sentiment: Falling crude oil and lower fuel costs are being cited as supportive for auto demand and consumer affordability, which can lift vehicle sales and dealer traffic. General Motors Shares Rally As Falling Crude Boosts Outlook For Auto Demand
- Neutral Sentiment: GM is making product/engineering changes (e.g., dropping CVTs in Equinox/Terrain), which can improve perceived product quality but may have modest near‑term cost implications. GM is finally killing the CVT in the Equinox and Terrain
- Neutral Sentiment: Leadership change in design (Buick/GMC design director Sharon Gauci retires) is noteworthy for product direction but is not an immediate financial headwind. Buick, GMC Executive Director of Design Sharon Gauci Retires
- Neutral Sentiment: Several nostalgia/feature stories about GM’s historic engines (Vortec 4200, 3800 V6) and supplier investments (Valeo plant) are media interest pieces with little direct near‑term impact on shares. General Motors’ Vortec 4200 is an unsung hero
- Negative Sentiment: Coverage suggests the revived Chevy Bolt effort faces setbacks (political and product obstacles), which could reduce expected volume/returns from a previously announced low‑cost EV play. That raises questions about execution and incremental EV growth. How Trump Accidentally Killed the Resurrected Chevy Bolt
About General Motors
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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