General Motors (NYSE:GM) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• General Motors reported quarterly EPS of $3.70, narrowly beating analysts’ $3.69 consensus estimate. The company posted a 1.05% net margin and 18.18% return on equity.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $101.18, although price targets range from $61 to $130.
• GM insiders sold approximately $49.0 million in stock over the past three months, including significant sales by two executive vice presidents under pre-arranged trading plans.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U posted its quarterly earnings results on Tuesday. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates of $3.69 by $0.01, Zacks reports. General Motors had a net margin of 1.05% and a return on equity of 18.18%.

General Motors Price Performance

NYSE:GM opened at $82.60 on Tuesday. General Motors has a 52 week low of $57.68 and a 52 week high of $91.85. The stock's fifty day moving average is $84.23 and its two-hundred day moving average is $81.22. The company has a market capitalization of $72.48 billion, a P/E ratio of 41.72, a P/E/G ratio of 0.46 and a beta of 1.40. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42.

Analysts Set New Price Targets

A number of analysts have commented on GM shares. JPMorgan Chase & Co. cut their price objective on shares of General Motors from $120.00 to $110.00 and set an "overweight" rating for the company in a report on Monday, October 12th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of General Motors in a report on Thursday. Morgan Stanley increased their price target on General Motors from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Tigress Financial lifted their price objective on General Motors from $92.00 to $130.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company boosted their price objective on General Motors from $60.00 to $61.00 and gave the stock an "underweight" rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $101.18.

Insider Transactions at General Motors

In other news, EVP Grant Dixton sold 40,000 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the transaction, the executive vice president directly owned 54,992 shares in the company, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the business's stock in a transaction 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 completion of the sale, the executive vice president owned 28,513 shares in the company, valued at $2,479,205.35. This represents a 23.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 549,665 shares of company stock worth $49,010,828 in the last three months. Company insiders own 0.44% of the company's stock.

More General Motors News

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

• Positive Sentiment: GM reported third-quarter revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion and adjusted EBIT of $4.1 billion. Core profit increased 22%, supported by strong pickup-truck demand, indicating resilient pricing and product mix. GM releases 2026 third-quarter results and updates full-year 2026 guidance
• Positive Sentiment: The board approved a new $20 billion share-repurchase authorization and declared a quarterly dividend. The buyback could support earnings per share and signals management’s view that GM’s stock is undervalued despite cooling auto sales. General Motors Plans $20 Billion in Buybacks to Shore Up Share Price
• Positive Sentiment: Analysts had expected another earnings beat, driven by disciplined pricing, software growth and a still-solid U.S. market. The reported results and truck strength reinforce that thesis. GM's core profit rises 22% on strength of pickup-truck business
• Neutral Sentiment: GM added Apple Wallet digital-key support for select vehicles, a convenience and connected-car feature that may modestly improve customer experience but is unlikely to materially affect near-term financial results. GM Adds Apple Wallet Digital Key Support For Select New Vehicles
• Negative Sentiment: GM Financial’s third-quarter net income declined to $487 million from $589 million a year earlier, while nine-month earnings fell to $1.4 billion from $1.6 billion. The deterioration raises concerns about financing profitability and credit conditions. GM Financial Reports Third Quarter 2026 Operating Results
• Negative Sentiment: GM narrowed its full-year 2026 adjusted EBIT guidance range, which can suggest less flexibility amid uncertain sales, pricing and costs. Reports that a Lansing plant could halt production for up to 18 months, with roughly 350 layoffs, add to operational concerns. GM’s Lansing Plant May Go Quiet After Cadillac CT5 Production Ends

About General Motors

General Motors Company NYSE: GM is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM's product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.

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