Brokerages Set General Motors Company (NYSE:GM) Price Target at $77.76

Shares of General Motors Company (NYSE:GM) (TSE:GMM.U) have earned a consensus rating of “Moderate Buy” from the twenty-four ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, fifteen have issued a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $78.4091.

Several research firms have weighed in on GM. Piper Sandler set a $98.00 price target on General Motors and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Jefferies Financial Group boosted their target price on shares of General Motors from $50.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, October 6th. Argus set a $78.00 price target on shares of General Motors in a research note on Thursday, October 23rd. Zacks Research upgraded shares of General Motors from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Finally, Wedbush raised their target price on shares of General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th.

Key Stories Impacting General Motors

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

• Positive Sentiment: High-profile brand moment: GM unveiled Cadillac’s Formula 1 test car in a dramatic reveal that boosts Cadillac/GM branding and technology credibility, a potential long-term positive for investor sentiment and premium positioning. GM stuns with dramatic reveal of Cadillac’s new Formula 1 test car
• Positive Sentiment: Tax-credit defense via Mexico investment: reporting says GM’s $1B Mexico investment appears structured to preserve U.S. EV tax-credit eligibility while expanding capacity — this could protect EV demand and margins tied to tax incentives. GM Found A Way To Build In Mexico — And Still Qualify For US EV Credits
• Positive Sentiment: Diversification into energy storage: coverage notes automakers including GM are expanding into energy storage products, which could offset slower EV battery demand and open new revenue streams. Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player
• Neutral Sentiment: Public relations/visitor access: GM is opening its new HQ for a one-time public showcase, a small PR positive that increases local and investor visibility but has limited financial impact. GM Hosting Public Showcase At The Department At Hudson’s On January 17th
• Neutral Sentiment: Investor attention and screens: market commentary and analyst lists (Zacks coverage, inclusion in price-to-book screens) are driving interest but don’t supply new fundamental catalysts. General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Major recall — engine stall risk: GM is recalling nearly 600,000 vehicles over an engine-stall defect, which could lead to warranty, repair costs and reputational damage. GM recalls nearly 600,000 vehicles over engine stall defect
• Negative Sentiment: Additional recall for pedestrian alert systems: GM recalled over 80,000 Chevy vehicles for defective pedestrian alert sounds that may not warn pedestrians — another near-term liability and safety concern. GM recalls over 80,000 Chevy vehicles over defective pedestrian alert sound system citing serious risk
• Negative Sentiment: FTC data ban finalized: regulators banned GM from selling drivers’ location data for five years, formalizing restrictions on OnStar/data monetization and potentially reducing ancillary revenue and raising compliance costs. FTC bans General Motors from selling drivers’ location data for five years
• Negative Sentiment: EV transition costs mounting: reporting highlights GM’s admission that its EV push has cost about $6B with losses still mounting, a reminder of margin pressure and capital intensity in the transition. General Motors CEO calls unexpected vehicles ‘end game’ despite extreme policy pushback: ‘I still think we’ll get there’

Insiders Place Their Bets

In other General Motors news, CAO Christopher Hatto sold 7,724 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $72.00, for a total transaction of $556,128.00. Following the completion of the sale, the chief accounting officer owned 12,007 shares of the company’s stock, valued at $864,504. This trade represents a 39.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Mark L. Reuss sold 260,600 shares of General Motors stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the transaction, the president directly owned 98,006 shares of the company’s stock, valued at approximately $6,512,498.70. This trade represents a 72.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 284,021 shares of company stock worth $18,971,788. 0.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On General Motors

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after buying an additional 31,755 shares in the last quarter. Integrity Alliance LLC. bought a new position in General Motors during the first quarter worth about $409,000. Focus Partners Wealth raised its stake in General Motors by 39.1% in the 1st quarter. Focus Partners Wealth now owns 154,848 shares of the auto manufacturer’s stock worth $7,283,000 after purchasing an additional 43,527 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in General Motors by 26.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,849 shares of the auto manufacturer’s stock valued at $322,000 after purchasing an additional 1,425 shares during the period. Finally, Voya Investment Management LLC grew its position in shares of General Motors by 2.3% during the 1st quarter. Voya Investment Management LLC now owns 519,808 shares of the auto manufacturer’s stock worth $24,447,000 after purchasing an additional 11,664 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors Stock Down 0.1%

GM traded down $0.12 during trading hours on Friday, hitting $80.79. 9,834,769 shares of the company’s stock were exchanged, compared to its average volume of 6,969,078. The stock has a market cap of $75.37 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 0.64 and a beta of 1.31. General Motors has a 1-year low of $41.60 and a 1-year high of $85.18. The stock’s 50-day moving average is $77.69 and its two-hundred day moving average is $64.90. The company has a quick ratio of 1.06, a current ratio of 1.23 and a debt-to-equity ratio of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, topping the consensus estimate of $2.32 by $0.48. The firm had revenue of $48.59 billion for the quarter, compared to analysts’ expectations of $44.60 billion. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.96 EPS. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. Sell-side analysts predict that General Motors will post 11.44 earnings per share for the current fiscal year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, December 5th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, December 5th. General Motors’s payout ratio is currently 12.07%.

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.