
General Motors (GM) Stock Forecast & Price Target
General Motors (GM) Analyst Ratings
Bulls say
General Motors Co. demonstrated positive financial performance with a net sales increase of 2.6% year-over-year, reaching $187.4 billion, bolstered by strong demand for its best-selling full-size pickups and SUVs as well as early contributions from new electric vehicle launches. The company achieved a 7.5% increase in global vehicle sales, totaling 1.56 million units, and saw its domestic market share rise to 17%, the highest since 2017, while also expanding its global share to 8.3%. Additionally, GM's technology-driven revenue streams generated approximately $2 billion year-to-date from software services, reflecting a robust growth potential and effective cost management strategies which resulted in an 11.6% increase in EBITDAR to $28.8 billion.
Bears say
General Motors Co. faces a negative outlook primarily due to a weaker-than-expected macro environment that may lead to diminished profits and cash flow. Additional concerns include supply chain challenges that could disrupt volume projections and an anticipated costly transition to electric vehicles (EVs) and autonomous vehicles (AVs), which may adversely affect profitability and margins. Furthermore, the profitability timeline for GM's technology initiatives remains uncertain and broad, compounding fears over the company's ability to meet future earnings expectations amidst various potential negative factors.
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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