General Motors (NYSE:GM) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Key Points

• JPMorgan lowered GM’s price target from $120 to $110 but maintained an “overweight” rating, implying roughly 33% upside from the previous close.
• Analyst sentiment remains broadly positive: GM has a “Moderate Buy” consensus rating and an average price target of $101.22, despite mixed individual ratings.
• GM shares recently traded at $82.61, while the company’s latest quarterly results exceeded expectations; however, insiders have sold roughly $49 million worth of stock over the past 90 days.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U had its target price lowered by research analysts at JPMorgan Chase & Co. from $120.00 to $110.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an "overweight" rating on the auto manufacturer's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 33.15% from the company's previous close.

Several other research firms also recently commented on GM. TD Cowen reaffirmed a "hold" rating on shares of General Motors in a research note on Thursday, September 24th. Wells Fargo & Company lifted their price objective on General Motors from $60.00 to $61.00 and gave the company an "underweight" rating in a report on Wednesday, July 22nd. Benchmark restated a "buy" rating and issued a $105.00 price target (up from $90.00) on shares of General Motors in a report on Tuesday, July 21st. UBS Group cut their price objective on shares of General Motors from $114.00 to $112.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Finally, BNP Paribas Exane increased their target price on General Motors from $102.00 to $112.00 and gave the company an "outperform" rating in a research report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $101.22.

General Motors Trading Down 0.1%

Shares of NYSE GM traded down $0.12 during trading hours on Monday, hitting $82.61. 1,773,892 shares of the company traded hands, compared to its average volume of 7,547,928. The company's 50 day moving average price is $84.79 and its 200 day moving average price is $80.86. General Motors has a 12 month low of $54.33 and a 12 month high of $91.85. The stock has a market capitalization of $72.49 billion, a price-to-earnings ratio of 41.71, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. General Motors's revenue was up 1.9% on a year-over-year basis. During the same period last year, the company earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities research analysts anticipate that General Motors will post 13.52 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer owned 18,899 shares in the company, valued at approximately $1,700,910. This trade represents a 26.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of General Motors stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares of the company's stock, valued at approximately $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 549,665 shares of company stock valued at $49,010,828. Insiders own 0.44% of the company's stock.

Hedge Funds Weigh In On General Motors

Several large investors have recently made changes to their positions in GM. BlackRock Inc. bought a new stake in General Motors in the second quarter valued at approximately $5,958,995,000. Bank of America Corp DE acquired a new position in shares of General Motors in the second quarter valued at approximately $629,465,000. Legal & General Group Plc acquired a new stake in shares of General Motors during the second quarter worth $599,066,000. Bank of New York Mellon Corp bought a new position in General Motors during the 2nd quarter worth about $522,916,000. Finally, Deutsche Bank AG bought a new stake in shares of General Motors in the second quarter valued at about $383,939,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about General Motors

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

• Positive Sentiment: RBC raised its price target to $102 from $100 and reiterated an Outperform rating, citing expectations for resilient U.S. vehicle demand. RBC also expects GM and other U.S. automakers to benefit from a solid seasonally adjusted annual sales rate. RBC Lifts Price Target on General Motors to $102 From $100, Keeps Outperform Rating Tesla, General Motors, Other US Automakers Expected to Benefit From Resilient SAAR, RBC Says
• Positive Sentiment: GM is advancing its driver-assistance and autonomous-driving strategy, using simulator testing to study driver behavior and planning an advanced system for the 2028 Cadillac Escalade IQ. Progress in software-enabled services could support longer-term growth and differentiation. From Hands-Free to Eyes-Off: How General Motors Is Simulating Its Way to Autonomous Driving
• Positive Sentiment: GM and LG plan additional U.S. EV-battery investment, potentially improving domestic battery capacity and supporting GM’s electric-vehicle ambitions. GM’s strong truck and SUV franchise, financing business and relatively low forward valuation remain part of the investment case. GM, LG to Invest in US EV Batteries General Motors Stock Has a Low Valuation. Can it Sustain Earnings Growth?
• Neutral Sentiment: Patrick Finnegan was named Chevrolet’s global marketing director, a management change aimed at supporting the brand’s worldwide positioning but with no immediate financial impact. General Motors’ Patrick Finnegan Named Chevrolet’s Global Marketing Director
• Negative Sentiment: GM is using forced employee rankings as it reshapes its workforce amid technology competition. The move could improve efficiency, but it also signals restructuring risk and potential employee disruption. GM Uses Forced Ranking to Reshape Workforce as Tech Competition Intensifies
• Negative Sentiment: A safety recall involving air-bag inflator end caps affects 1,559 Chevrolet Silverado and GMC Sierra pickups, while ending Silverado 1500 production at Oshawa raises questions about plant utilization and regional employment. Air Bag Inflator End Caps Can Detach in 1,559 Chevy Silverado and GMC Sierra Pickups GM Confirms Silverado 1500 Production Will End at Oshawa

About General Motors

General Motors Company NYSE: GM is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.

GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.

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