
General Motors (GM) Stock Forecast & Price Target
General Motors (GM) Analyst Ratings
Bulls say
General Motors Co. reported total revenue of $48.76 billion for the latest period, reflecting an 11% year-over-year increase and surpassing analysts' expectations, largely attributed to gaining market share in both electric vehicles (EVs) and internal combustion engine (ICE) vehicles. The company's automotive revenue also rose 11% year-over-year to $44.74 billion, with EBIT reaching $4.12 billion, significantly exceeding forecasts due to higher production volumes and improved working capital management. GM's strategic investments in North America and China, alongside an increased focus on electric vehicle offerings, position the company for sustained growth and profitability in the evolving automotive landscape.
Bears say
General Motors faces a negative outlook primarily due to challenges stemming from a weaker-than-expected macroeconomic environment, which may adversely impact profits and cash flow. Additionally, ongoing supply chain issues could lead to volume discrepancies, further affecting financial performance. The transition to electric and autonomous vehicles (EVs and AVs) is anticipated to be more expensive than projected, and profitability from GM Tech remains uncertain with a wide range of possible outcomes, exacerbating investor concerns about the company's future earnings potential.
This aggregate rating is based on analysts' research of General Motors and is not a guaranteed prediction by Public.com or investment advice.
General Motors (GM) Analyst Forecast & Price Prediction
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