FY2026 EPS Estimate for General Motors Decreased by Analyst

Key Points

• Erste Group Bank lowered its FY2026 EPS estimate for General Motors to $13.58 from $13.60, though it remains above the $13.39 consensus forecast.
• Wall Street’s view remains broadly positive, with GM holding a “Moderate Buy” consensus rating and an average price target of $99.86, despite some analysts reducing their targets.
• GM reported quarterly revenue of $50.02 billion and EPS of $3.70, slightly exceeding estimates, while also authorizing a $20 billion share-repurchase program and maintaining a $0.18 quarterly dividend.

General Motors Company (NYSE:GM - Free Report) TSE: GMM.U - Equities research analysts at Erste Group Bank dropped their FY2026 earnings per share estimates for shares of General Motors in a research note issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the auto manufacturer will post earnings of $13.58 per share for the year, down from their prior forecast of $13.60. The consensus estimate for General Motors' current full-year earnings is $13.39 per share.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada reduced their target price on shares of General Motors from $102.00 to $98.00 and set an "outperform" rating for the company in a research note on Wednesday, October 21st. TD Cowen reissued a "buy" rating and set a $132.00 price target on shares of General Motors in a research report on Wednesday. Benchmark restated a "buy" rating and set a $105.00 price target (up from $90.00) on shares of General Motors in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft set a $98.00 price objective on shares of General Motors in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on shares of General Motors from $101.00 to $95.00 and set an "overweight" rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $99.86.

General Motors Stock Performance

NYSE GM opened at $75.90 on Monday. The company has a fifty day simple moving average of $83.37 and a 200 day simple moving average of $81.30. General Motors has a 12-month low of $66.75 and a 12-month high of $91.85. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 1.32. The company has a market cap of $64.02 billion, a P/E ratio of 17.41, a PEG ratio of 0.43 and a beta of 1.40.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts' consensus estimates of $3.69 by $0.01. General Motors had a return on equity of 19.36% and a net margin of 2.12%. The firm had revenue of $50.02 billion for the quarter, compared to analyst estimates of $48.78 billion. During the same quarter in the previous year, the company posted $2.80 EPS. The business's revenue was up 2.9% on a year-over-year basis.

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be given a $0.18 dividend. The ex-dividend date is Friday, December 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors's payout ratio is 16.51%.

General Motors declared that its Board of Directors has initiated a share repurchase plan on Tuesday, October 20th that allows the company to buy back $20.00 billion in outstanding shares. This buyback authorization allows the auto manufacturer to reacquire up to 27.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, President Mark Reuss sold 71,079 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president owned 92,293 shares of the company's stock, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary Barra sold 318,448 shares of the company's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the completion of the transaction, the chief executive officer directly owned 428,994 shares in the company, valued at approximately $38,772,477.72. The trade was a 42.61% decrease in their position. 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 90 days, insiders have sold 436,422 shares of company stock valued at $39,334,458. 0.44% of the stock is owned by company insiders.

Institutional Trading of General Motors

A number of hedge funds have recently bought and sold shares of GM. Evergreen Advisors LLC purchased a new position in shares of General Motors in the first quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of General Motors during the second quarter worth about $31,000. Premier Financial Group purchased a new stake in shares of General Motors during the second quarter worth about $31,000. Burk Holdings LLC purchased a new stake in shares of General Motors during the second quarter worth about $31,000. Finally, Elevation Wealth Partners LLC grew its stake in shares of General Motors by 70.6% in the second quarter. Elevation Wealth Partners LLC now owns 464 shares of the auto manufacturer's stock worth $36,000 after purchasing an additional 192 shares during the last quarter. Institutional investors own 92.67% of the company's stock.

Trending Headlines about General Motors

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

• Positive Sentiment: GM announced a planned $20 billion share-repurchase program. The buyback could support per-share earnings and signal management’s confidence in cash generation, though investors remain focused on whether it can improve operating performance. GM beat and added a $20 billion buyback
• Positive Sentiment: GM is expanding its hybrid lineup as gasoline prices remain elevated and consumer demand shifts away from both traditional combustion vehicles and some pure EVs. Stronger adoption of Super Cruise and continued development of more efficient batteries could create additional revenue and margin opportunities. GM is expanding its hybrid lineup
• Positive Sentiment: The company is emphasizing AI, self-driving technology and “intelligence-defined” vehicles, including an AI-enhanced OnStar assistant and faster software updates. These initiatives could increase recurring software revenue, but meaningful financial benefits remain longer term. GM unveils plan for the intelligence-defined vehicle
• Neutral Sentiment: Several analysts continue to recommend buying the weakness, but one fair-value estimate was reduced from $104.22 to $101.22, reflecting lower price targets across parts of Wall Street. GM stock sees a modest fair-value cut
• Negative Sentiment: GM is shutting a U.S. battery-and-motor plant, highlighting slower-than-expected EV demand and the costs of adjusting its EV strategy. Electric trucks have also sold below expectations, raising concerns about utilization and future capital spending. GM is shutting one of its battery and motor plants
• Negative Sentiment: The cancellation of a long-term rare-earth magnet supply agreement adds uncertainty to GM’s EV supply chain and may indicate changes in its vehicle-production plans. GM terminates rare-earth magnet supply agreement
• Negative Sentiment: GM’s shares are also being dragged lower by weakness across the auto sector, with investors concerned about upcoming quarterly results, tightened guidance and the durability of earnings growth. Automaker stocks decline ahead of quarterly reports

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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